A five-day rally in U.S. stocks ran out of steam on Friday as investors booked profits and reset their positions ahead of the earning season set to begin next week.
Three managers at Autostrade per l’Italia, and three former managers, were found guilty of manslaughter on Friday in a case relating to a 2013 motorway accident that killed 40 people, while CEO Giovanni Castellucci was acquitted.
Citigroup Inc will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist investing firm are deepening their relationship roughly a year after ValueAct first invested in Citi.
General Motors Co on Friday gave a strong earnings forecast for 2019 powered by its revamped and highly-profitable pickup truck lineup, sending the No. 1 U.S. automaker’s shares up 8 percent in early trading.
Ten years after China helped stave off the threat of a global depression with a huge stimulus plan, investors are looking once again toward Beijing as the world economy heads for a slowdown, or worse, in 2019.
U.S. stocks fell at the open on Friday after rallying for the past five sessions on hopes of a resolution in the U.S.-China trade dispute and assurances from the Federal Reserve that it would be patient on interest rate hikes.
Wall Street was set to open lower on Friday after rallying for the past five sessions on hopes of a resolution in the U.S.-China trade dispute and assurances from the Federal Reserve that it would be patient on interest rate hikes.
Volkswagen Group’s deliveries rose 0.9 percent to a record 10.83 million last year, the German company said on Friday, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world’s biggest vehicle manufacturer.
General Motors Co said on Friday it expects 2018 adjusted earnings per share to exceed its prior estimates and forecast 2019 earnings above Wall Street expectations, sending its shares up more than 7 percent.
U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs rose steadily.
Nissan Motor Co Ltd has broadened its investigation into ousted chairman Carlos Ghosn to include dealings that took place in the United States, India and Latin America, three people with knowledge of the inquiry said.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Twenty-First Century Fox said http://www.sec.gov/Archives/edgar/data/1308161/000119312519006651/0001193125-19-006651-index.htm on Friday it does not plan to bid for any of the regional sports networks that Walt Disney Co may need to sell to win U.S. Justice Department’s approval for its purchase of Fox’s film and TV assets.
U.S. consumer prices fell for the first time in nine months in December amid a plunge in the cost of gasoline, but underlying inflation pressures remained firm as rental housing and healthcare costs rose steadily.
When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up.
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