Walt Disney Co reported quarterly earnings on Tuesday that handily topped Wall Street estimates thanks to a booming theme park business and growth at its ABC broadcast network as the company invests in a digital media future.
Videogame maker Electronic Arts cut its yearly revenue outlook on Tuesday after its newest “Battlefield” title sold about a million fewer units than expected, amid rising competition in an industry being reshaped by upstarts like “Fortnite” and “PUBG.”
A cryptocurrency platform that lost access to millions of dollars when its founder died with sole knowledge of company passwords has been granted a temporary reprieve from creditor lawsuits.
Uniper on Tuesday said it would start fresh talks with its biggest shareholder, Finland’s Fortum, about future cooperation, renewing investor hopes that there could be a full takeover of the German energy group.
Snap Inc said the number of people using its Snapchat app would remain at current levels this quarter, easing worries the company would continue to lose users to rival Facebook Inc’s Instagram and sending its shares up more than 20 percent.
Apple Inc said on Tuesday that Angela Ahrendts, the chief of its retail operations, will leave the company in April to pursue new opportunities.
Uniper on Tuesday said it would start fresh talks with its biggest shareholder, Finland’s Fortum, about future cooperation, renewing investor hopes that there could be a full takeover of the German energy group.
Apple Inc said on Tuesday that Angela Ahrendts, the chief of its retail operations, was leaving the company to pursue new opportunities.
David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music Entertainment Inc and UMG Recordings Inc of improperly refusing to let them reclaim rights to songs they had long ago signed away.
Snap Inc on Tuesday said the number of people using its Snapchat app was flat, beating Wall Street projections that it would continue to lose users to rival Facebook Inc’s Instagram, sending the company’s shares up more than 15 percent after hours.
U.S. stocks rose on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the highly awaited State of the Union address by President Donald Trump.
World stocks rose to a fresh two-month high on Tuesday to keep up their fast start to 2019 while the U.S. dollar strengthened for a fourth straight session as investors looked toward an annual address by the U.S. president later in the evening.
Walt Disney Co reported first-quarter profit and revenue that beat analysts’ estimates on Tuesday, helped by higher customer spending at its U.S. theme parks and resorts, as well as growth in its ABC broadcast network.
Snap Inc on Tuesday said the number of people using its Snapchat app was flat, beating Wall Street projections that the company would continue to lose users to rival Facebook Inc’s Instagram.
U.S. drugmaker Merck & Co Inc said on Tuesday that its Chief Executive Ken Frazier plans to testify at a Senate hearing later this month examining rising prescription drug prices.
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