EMEA Morning Briefing: Stock Futures Seen Lower -2-
Analysts have penciled in third-quarter core per-share earnings of $2.29 and sales of $23.9 billion, according to FactSet. The company notched per-share earnings of $2.25 and sales of $23.5 billion in the same three months last year.
Google Must Make It Easier for App Stores to Compete on Android, Judge Rules
A judge ordered Google to make it easier for developers of mobile-app stores to compete on phones and tablets that use the company's Android software, a blow to the search giant as it navigates numerous legal threats.
The injunction issued Monday by U.S. District Judge James Donato is the result of Google losing an antitrust case-brought by "Fortnite" developer Epic Games-during a jury trial last December. Epic, which operates its own app store, argued that Google used its power over Android to take excess profits from app developers through its Play Store. Google has said it plans to appeal the ruling.
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Expected Major Events for Tuesday
04:30/NED: Sep CPI
04:30/NED: Aug Consumer Spending
06:00/GER: Aug Industrial Production Index
06:45/FRA: Aug Foreign trade
06:45/FRA: Aug Balance of payments
07:00/CZE: Aug Retail trade
07:00/AUT: Jul Foreign Trade
07:00/CZE: Sep Unemployment data
09:00/GRE: Aug External Trade (provisional data)
23:01/UK: Sep UK Nations and Regions Growth Tracker
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This article is a text version of a Wall Street Journal newsletter published earlier today.
Corrections & Amplifications
This item was corrected at 0436 GMT because China's top economic planner was misstated as National Reform and Development Commission instead of National Development amd Reform Commision.
(END) Dow Jones Newswires
October 08, 2024 00:16 ET (04:16 GMT)
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