Fund manager BlackRock will not support Bayer’s management in a key vote at its annual general meeting (AGM) on Friday, two people familiar with the situation told Reuters.
The U.S. National Highway Traffic Safety Administration said Tuesday it is expanding a probe into potentially defective air bags to 12.3 million vehicles.
Lockheed Martin Corp reported a 47 percent jump in quarterly profit on Tuesday and raised its profit forecast for the year, helped by strong demand for its missiles and fighter jets, sending its shares up more than 6 percent in pre-market trading.
Oil prices hit their highest since November on Tuesday after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next week, pressuring importers to stop buying from Tehran and further tightening global supply.
Twitter Inc on Tuesday posted better-than-expected quarterly revenue and a surprise rise in monthly active users, showing its efforts to delete spam accounts and better police posts were paying off by attracting more users and ad dollars.
Toymaker Hasbro Inc reported a surprise quarterly profit on Tuesday as the box-office success of Transformers movie spin-off “BumbleBee” charged sales of the action toys, sending its shares up 16 percent.
Japan’s Nissan Motor Co on Tuesday said the executive responsible for its Nissan, Datsun and Infiniti brands was leaving, as it announced a management reshuffle to strengthen governance following the ouster of former boss Carlos Ghosn.
Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly earnings, as the largest U.S. wireless carrier prepares for a wider 5G services rollout in the United States.
German prosecutors are investigating a possible breach of fiduciary duty by Volkswagen over bonus payments made to an executive who was suspended over the carmaker’s emissions cheating scandal.
Pentagon’s No.1 weapons supplier Lockheed Martin Corp on Tuesday reported a 47 percent jump in quarterly profit and raised its 2019 profit forecast, sending shares up 4.5 percent before the bell.
U.S. stock index futures pointed to a subdued opening on Wall Street on Tuesday, as investors parsed through a fresh batch of reports from Coca-Cola, Twitter and a handful of industrial companies.
Procter & Gamble Co’s quarterly revenue beat Wall Street estimates on Tuesday, as it sold more beauty, fabric and home care products.
A simmering boardroom battle at toilet maker Lixil Group has emerged as a test case for whether minority shareholders can improve corporate governance in Japan, the man at the center of the tussle told Reuters.
Harley-Davidson Inc reported a 26.7 percent fall in quarterly profit on Tuesday, hit by a slide in sales in the United States and higher costs from European tariffs on imports of its motor bikes.
Coca-Cola Co beat estimates for quarterly sales on Tuesday, selling more water, sparkling soft drinks as well as new flavors of its signature sodas.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
