Microsoft Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, powered by a surprise boost in Windows revenue and as growth in its cloud business stayed on track.
With a $38 billion bid on Wednesday for rival oil producer Anadarko Petroleum Corp, Occidental Petroleum Corp CEO Vicki Hollub has again grabbed the spotlight, as the oil and gas industry trailblazer squares off against Chevron Corp, a company four times Occidental’s size.
April 16, 2019 – New York, NY – Wall Street Reporter, the leading name in financial news since 1843, has recently published interviews with CEO’s of some of today’s most talked about, trending stocks. These […]
A U.S. government settlement with Goldman Sachs Group Inc over its role in the 1MDB corruption scandal should include a guilty plea at the parent company level, U.S. Department of Justice staff have recommended, according to a Financial Times report on Wednesday.
Microsoft Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, powered by adoption of its Azure cloud computing service and the subscription version of its Office software.
Chipotle Mexican Grill Inc beat Wall Street estimates for quarterly same-store sales on Wednesday, as the restaurant chain’s emphasis on fresher menu and investments in online ordering and delivery boosted customer transactions.
The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports.
Facebook Inc beat analysts’ estimates for quarterly revenue on Wednesday, aided by growth in its Instagram business and a surge in advertising spending by companies while also warning it could face up to $5 billion in losses related to an official U.S. privacy investigation.
Visa Inc reported a 14.3 percent jump in quarterly profit on Wednesday as a tightening labor market and growth in wages spurred consumer spending, leading to more people swiping their credit- and debit-cards using the company’s extensive network.
Norwegian Air has agreed with Airbus and Boeing to reschedule delivery of aircraft to cut capital spending, the loss-making budget carrier said on Wednesday.
Walmart Inc is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry.
A New York judge has put on hold a lawsuit by U.S. private equity firm Blackstone Group LP against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, pending the outcome of an arbitration in Italy.
The S&P 500 was down slightly on Wednesday, taking a pause after the previous session’s record close as investors digested a mixed batch of earnings reports and declining energy stocks limited gains.
April 23, 2019 – New York, NY – Wall Street Reporter, the leading name in financial news since 1843, has recently published interviews with CEO’s of some of today’s most talked about, trending stocks. These […]
A New York judge has suspended a lawsuit brought by U.S. private equity fund Blackstone against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, two sources close to the matter said on Wednesday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
