IQIYI Inc. shares jumped as much as 9.2 percent in post-U.S. market trading Tuesday after the Chinese streaming company’s third-quarter revenue forecast and second-quarter revenue topped analyst estimates. … …read more […]
Apple Inc said on Tuesday it handed its shareholders $20 billion through share buybacks in the June quarter, bringing its tally this year to a record $43 billion and helping push its stock price to an all-time high.
Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a record $4.69 billion judgment against Johnson & Johnson awarded to customers and their families who claimed that asbestos-contaminated talc caused ovarian cancer.
Jim Cramer argues that Apple should be seen as a consumer products company rather than a technology player after its third-quarter earnings beat. …read more […]
Chinese internet search giant Baidu Inc on Tuesday topped Wall Street estimates for quarterly profit on the back of strong growth in its online advertisement business.
China’s Baidu Inc reported a 24.4 percent rise in quarterly revenue on Tuesday, driven by gains in the internet search firm’s online ad business.
Activist investor Elliott wants Thyssenkrupp to give its business divisions more autonomy to pursue promising ventures, an Elliott executive told German daily Die Welt, following a leadership crisis at the German engineering group.
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