U.S. President Donald Trump on Tuesday said his administration will pursue a trade agreement with Brazil, opening the door to a possible resolution over an earlier trade dispute between the two nations.
New York’s attorney general on Tuesday said her office will begin an immediate investigation into Capital One Financial Corp’s data breach, which the bank said involved the access of personal information belonging to about 100 million people in the United States.
U.S. President Donald Trump on Tuesday said he wants to pursue a trade agreement with Brazil, opening the door to a possible resolution over an ongoing trade dispute between the two nations.
A snarling warning from U.S. President Donald Trump ahead of trade talks with China rattled stock markets on Tuesday, as brewing no-deal Brexit worries also roughed up the pound and Irish bonds again.
Ralph Lauren Corp reported better-than-expected quarterly revenue and profit on Tuesday, as its North America business benefited from a social media marketing blitz and the launch of new editions of its trademark Polo shirts.
ConocoPhillips missed Wall Street estimates for quarterly profit on Tuesday as it spent more than expected and took a hit from lower crude prices due to fears of a slowing global economy.
U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade.
Wall Street’s main indexes were set to open lower on Tuesday, as worries about the scale of consensus at the Federal Reserve in favor of deeper cuts in interest rates ate into the positive sentiment that drove markets to record highs last week.
Procter & Gamble Co’s quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world’s No.1 personal goods company took an $8 billion writedown on its Gillette shaving business.
Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America, its biggest market, as it suffered in the face of a strong performance by bigger rivals Nike and Adidas, sending its share down 11%.
Eli Lilly and Co beat analysts’ estimates for quarterly profit and raised its full-year earnings forecast on Tuesday, as higher sales of diabetes drugs Trulicity and Basaglar offset competition for its erectile dysfunction treatment, Cialis.
Ralph Lauren Corp on Tuesday beat Wall Street estimates for quarterly revenue and profit powered by growth in North America, as a social media marketing blitz and new launches drove demand, sending its shares up 5% in premarket trading.
Brazil planemaker Embraer delivered 26 commercial planes in the second quarter of 2019, down from 28 planes in the same period of 2018 and 35 in 2017, the company said in a securities filing on Tuesday.
U.S. stock index futures dropped on Tuesday, as worries about the scale of consensus at the Federal Reserve in favor of deeper cuts in interest rates ate into the positive sentiment that drove indexes to record highs last week.
Swiss prosecutors said on Tuesday they are assisting Japanese authorities in their investigation into former Renault and Nissan Motor boss Carlos Ghosn, who faces charges of fraud and misconduct.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
