Uber Technologies Inc [UBER.UL] could be valued at $120 billion when it finally goes public next year according to recent proposals made by U.S. banks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Unilever will engage more with its shareholders and has learned lessons from investors’ opposition to the consumer goods group’s pay policy, a company executive said on Tuesday in response to questions from a British parliamentary committee.
Goldman Sachs reported a better-than-expected quarterly profit on Tuesday, driven by its equities trading and investment banking businesses that offset weakness in bond trading.
Walmart Inc lowered its earnings forecast for the year on Tuesday and said its e-commerce growth next year would be slower than the current fiscal year that ends in January, sending its shares down in premarket trading.
World stocks nudged higher on Tuesday, as focus turned to earnings season and a rebound in Italian assets helped battered equities find firmer ground for now.
BlackRock Inc reported a better-than-expected quarterly profit on Tuesday, helped by lower taxes, but the company’s sales growth sank as investors cut risk in their portfolios.
Goldman Sachs reported a 20.5 percent increase in quarterly profit on Tuesday as growth in its equities trading and underwriting businesses made up for a fall in fixed income trading.
Tesla Inc Chief Executive Officer Elon Musk said a new chip that improves autopilot features would be available in about six months in all of the company’s new production electric cars.
U.S. stock futures signaled a slight recovery on Tuesday, as upbeat earnings reports from Morgan Stanley and UnitedHealth among others helped ease jitters over the impact of various global issues on corporate profits.
Morgan Stanley beat estimates for quarterly profit on Tuesday as higher revenue from trading in stocks and strong equity underwriting outweighed weakness in its bond trading and advisory businesses.
Walmart Inc lowered its earnings forecast for the year on Tuesday to include the impact from its acquisition of Indian e-commerce company Flipkart, and said its e-commerce growth next year will be slower than the current fiscal year.
HSBC UK said on Tuesday some of its customers were struggling to access online banking, the second outage of the lender’s digital services in weeks.
BlackRock Inc reported a better-than-expected quarterly profit on Tuesday, as more people poured money in its low-risk funds amid heightened trade tensions between Beijing and Washington.
Softbank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters.
The chairman of luxury company Tod’s Diego Della Valle denied speculation over the possible sale of the group, whose majority is owned by his family.
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