AT&T Inc executives on Tuesday said the company’s HBO Max streaming video service that launches in May 2020 is expected to reach 75 million to 90 million global subscribers by 2025, with about 50 million of these coming from the United States.
Q3 2019 Alliance Resource Partners LP Earnings Call …read more […]
Johnson & Johnson said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration says tested positive for trace amounts of asbestos, a finding the agency stands by.
As Grubhub shares fell, the company’s description of plans to turn its fortunes around were met with a laugh on its earnings call. …read more […]
WhatsApp sued Israeli surveillance firm NSO Group on Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents in a hacking spree whose targets included diplomats, political dissidents, journalists and senior government officials.
U.S. college athletes can profit from brand sponsorships and endorsement deals under a new rule approved on Tuesday by the governing board of the NCAA, the organization that regulates U.S. collegiate sports.
(Bloomberg Opinion) — The automotive M&A carousel is taking another turn, with Peugeot SA and Fiat Chrysler Automobiles NV hopping aboard this time. The two companies are in talks about a potential merger that would create a $47 billion auto giant, according to a Wall Street Journal report that was confirmed later by Bloomberg News. This comes just a few months after Fiat abandoned talks to merge with Peugeot’s French rival Renault SA. And yet the news isn’t the least bit surprising: Peugeot and Fiat have both made clear in the past that they’re keen on consolidation, and indeed they’ve …read more […]
(Bloomberg) — Edison International said its equipment has been identified as the cause of one of the most destructive fires in California history, which killed three people and burned parts of Malibu.County fire officials have determined that the Woolsey Fire, which raged for weeks in Los Angeles and Ventura counties in November 2018, was sparked by the utility’s electrical equipment, Edison Chief Executive Officer Pedro Pizarro said in a call with investors on Tuesday. The company had previously taken a $4.7 billion charge in connection to wildfires in 2017 and 2018, and said on Tuesday that it doesn’t anticipate the …read more […]
Q3 2019 Precision Drilling Corp Earnings Call …read more […]
Amgen Inc on Tuesday said competition for its older drugs sent third-quarter revenue down 3%, but biosimilar sales were strong and the company raised its full-year outlook.
Amgen Inc on Tuesday said competition for its older drugs sent third-quarter revenue down 3%, but biosimilar sales were strong and the company raised its full-year outlook. The California based biotechnology company posted adjusted earnings per share of $3.66, beating the average analyst estimate by 13 cents, according to IBES data from Refinitiv. Share buybacks lowered the number of Amgen shares outstanding by 7% from a year earlier. …read more […]
Global stocks faltered on Tuesday as strong earnings from U.S. drugmakers Merck and Pfizer and expectations the Federal Reserve will cut rates was offset by a potential delay in a U.S.-China trade deal, which clouded sentiment and weakened the dollar.
Daimler is recalling some new Mercedes-Benz EQC electric cars because of a potentially defective bolt in the differential, the company said on Tuesday.
General Motors Co expects to spend more on developing and selling electric vehicles (EVs) than gasoline-powered cars over the next five years, Chief Executive Mary Barra said on Tuesday.
Q3 2019 Verizon Communications Inc Earnings Call …read more […]
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