Activision Blizzard Inc forecast second-quarter profit below estimates on Thursday, as the videogame maker invests in its core franchises to counter intense competition from games such as “Fortnite” and “Apex Legends”.
U.S. stocks eased further from recent record highs on Thursday as energy shares dropped along with oil prices and investors continued to digest comments by Federal Reserve Chairman Jerome Powell.
Web hosting company GoDaddy Inc reported first-quarter profit well below Wall Street expectations on Thursday as costs rose and customer growth slowed down, sending its shares 4 percent lower in after-hours trading.
TV broadcaster and media company CBS Corp fell short of analysts’ estimates for first-quarter revenue on Thursday, hit by a drop in content licensing and distribution sales.
Global equity markets declined for a second straight day on Thursday while the dollar and bond yields rose after comments from Federal Reserve Chairman Jerome Powell caused investors to lower expectations for a rate cut by the U.S. central bank this year.
Activision Blizzard Inc reported first-quarter revenue above estimates on Thursday, boosted by demand for its “Call of Duty: Black Ops 4” and “Sekiro: Shadows Die Twice” videogames, but its current-quarter profit and sales forecasts fell short of expectations.
The founder of Insys Therapeutics Inc on Thursday became the highest-ranking drugmaker executive convicted in a case tied to the U.S. opioid crisis, when he and four colleagues were found guilty of bribing doctors to prescribe an addictive painkiller, helping drive the epidemic.
U.S. stocks eased further from recent record highs on Thursday as energy shares dropped with oil and investors digested comments by Federal Reserve Chairman Jerome Powell from the previous day.
U.S. prosecutors on Thursday filed a motion to disqualify a lead lawyer for Huawei Technologies Co Ltd from the case against the Chinese company for alleged bank fraud and sanctions violations, according to a filing in U.S. District Court in Brooklyn.
Foxconn Chairman Terry Gou met U.S. President Donald Trump on Wednesday to discuss the status of the Taiwanese company’s planned investment in Wisconsin, Foxconn and the White House said on Thursday.
Several major Occidental Petroleum Corp shareholders have voiced opposition to the oil company’s $38 billion bid for rival Anadarko Petroleum Corp that now includes a pricey financing deal with billionaire Warren Buffett.
Verizon Communications Inc is seeking a buyer for its blogging website Tumblr, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
(This April 30 NYT story corrects the difference in price between the Tesla panels and the national average to 16 percent from 38 percent)
The founder of Insys Therapeutics Inc and four colleagues were found guilty on Thursday of bribing doctors to prescribe the drugmaker’s addictive painkiller, helping to drive the U.S. opioid drug abuse crisis.
Global equity markets declined for a second straight day on Thursday while the dollar and bond yields rose after comments from Federal Reserve Chairman Jerome Powell caused investors to alter expectations for a rate cut by the central bank this year.
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