
GDP soars to 4.1% in second quarter
Yahoo Finance’s LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET. …read more […]
Yahoo Finance’s LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET. …read more […]
Exxon Mobil Corp , the world’s largest publicly traded oil producer, said on Friday its quarterly profit jumped 18 percent as rising crude prices offset falling production.
Twitter Inc (TWTR.N) on Friday reported fewer monthly active users than analysts expected and warned that the closely-watched figure could keep falling as it deletes phony accounts, sending shares sharply lower in early trading. The company said the work it was doing to clean up Twitter by purging automated and spam accounts had some impact on its user metrics in the second quarter, and that it would prioritize improving suspicious accounts and reducing hate speech and other abusive content over projects that could attract more users. Twitter, like bigger rival Facebook Inc (FB.O), has been under pressure from …read more […]
Drugmaker Merck & Co on Friday raised its full-year profit forecast after beating Wall Street estimates for quarterly profit as sales of blockbuster cancer drug Keytruda nearly doubled.
Twitter Inc on Friday reported fewer monthly active users than analysts expected and warned that the closely-watched figure could keep falling as it deletes phony accounts, sending shares sharply lower in early trading.
(This version of the July 26th story corrects to say company reiterated its full-year expense forecast, not raised the full-year expense forecast in headline and paragraphs 1, 2)
China plans to put more money into infrastructure projects and ease borrowing curbs on local governments to help soften the blow to the economy from the Sino-U.S. trade war, policy sources told Reuters.
U.S. stock index futures rose on Friday as Amazon’s robust earnings buoyed the flagging FAANG group of high-flying stocks and ahead of a potentially strong U.S. gross domestic product (GDP) data.
Drugmaker Merck & Co topped Wall Street estimates for quarterly profit on Friday as sales of blockbuster cancer drug nearly doubled and the company raised its full-year profit outlook.
Revenue forecasts from Facebook Inc that alarmed investors, fueling the worst day ever for its shares on Thursday, add to the pressure on its Instagram unit to win over more of the ad buyers that have long found success on the company’s flagship app.
Drugmaker Merck & Co reported a 12.3 percent fall in quarterly profit on Friday, as research and development expenses rose.
Twitter Inc posted record profit on Friday with second quarter revenue that beat financial analysts’ estimates and said penalizing misbehaving users this year had paid off even though monthly usage had dropped.
Investors poured $600 million in to U.S. technology stocks in the week leading up to poor results from Facebook , according to Bank of America Merrill Lynch (BAML) analysts, urging clients to sell the sector on signs inflows have reached bubble territory.
Thomson Reuters Corp’s Financial and Risk unit, in which U.S. private equity firm Blackstone Group is buying a majority stake, will be renamed Refinitiv once the deal closes, the company said in a statement on Friday.
China’s market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc’s $44 billion takeover of NXP Semiconductors, after finding that proposals to address the issue had fallen short.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.