Articles by admin

CVS Health Corp reported better-than-expected third-quarter profit and revenue on Wednesday, boosted by its Aetna health insurance and pharmacy benefits businesses, and it raised its 2019 earnings forecast.

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U.S. stocks retreated from record highs on Wednesday, halting a rally that has been fueled by signs of progress in trade talks between Washington and Beijing and a largely upbeat corporate earnings season.

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London Stock Exchange Group Plc said on Wednesday its shareholders would vote on Nov. 26 on whether to approve its $27 billion deal to buy data provider Refinitiv.

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Coty Inc reported quarterly profit above Wall Street expectations on Wednesday, helped by increased demand for its high-margin Hugo Boss, Burberry and Gucci fragrances, sending its shares up more than 17%.

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Bank of America Corp and Raymond James Financial Inc will pay roughly $12 million in restitution to customers who incurred excessive fees on investments meant to help their children afford college, a U.S. regulator said on Wednesday.

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Chicago Fed President Charles Evans said on Wednesday he will be closely watching inflation in determining the future path of interest rates.

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The U.S. economy is in a good place but the path of inflation will be important in deciding the future path of interest rates, Chicago Federal Reserve President Charles Evans said on Wednesday.

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Central banks are looking at creating their own digital currencies – a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority over money.

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Wendy’s Co reported on Wednesday that North America same-store sales rose 4.4% in the third quarter, powered by new launches such as the $5 Biggie Bag deal and spicy chicken nuggets.

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A U.S. regulator said units of Bank of America Corp and Raymond James Financial Inc will pay roughly 12 million in restitution to customers who incurred excess fees on their investments in so-called 529 plans, which are used to encourage saving for educational expenses.

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Uber Technologies Inc fell as much as 9% to a record low on Wednesday after shares held by early investors became available for sale following a six-month restriction since the ride-hailing company’s initial public offering.

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The S&P 500 and Dow Jones indexes opened near record highs on Wednesday, as a largely upbeat corporate earnings season and optimism around a U.S.-China trade truce drive a Wall Street rally.

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