Asia shares struggle to stabilize after punishing week
Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained,...
EA’s tepid forecast overshadows quarterly beat, shares slip
Electronic Arts Inc forecast fourth-quarter adjusted revenue below analysts’ estimates, weighed down by the delayed launch of its basketball title “NBA Live”, while its “Apex...
U.S. SEC Commissioner defends proposal on shareholder voting rules
A top official at the U.S. Securities and Exchange Commission on Thursday defended an agency shareholder voting proposal amid “misconception” received from the SEC’s public...
Amgen 2020 outlook falls short of Street estimates; shares slump
Amgen Inc on Thursday forecast 2020 earnings well short of Wall Street estimates, sending shares of the largest U.S. biotechnology company down 2.5%....
IBM CEO Rometty to step down; cloud boss to succeed
International Business Machines Corp Chief Executive Officer Ginni Rometty will hand over the reins to the head of the company’s cloud business, as the pioneer...
Visa sees muted revenue growth in 2020, shares fall 3%
Visa Inc on Thursday fell short of analysts’ estimate for first-quarter revenue and said revenue this year would be crimped by incentives it provide to...
Cheniere Energy drops lawsuit against Tellurian chairman, vice chairman
Tellurian Inc on Thursday said Cheniere Energy Inc has dismissed all claims against its Chairman Charif Souki and Vice Chairman Martin Houston....
Canadian lender CIBC flags layoffs as it battles challenging environment
Canadian Imperial Bank of Commerce became the second Canadian bank in as many months to reveal lay offs as it contends with a tough environment...
Amgen 2020 outlook falls short of Street estimates, shares down 3%
Amgen Inc on Thursday forecast 2020 earnings well short of current Wall Street estimates, sending shares of the largest U.S. biotechnology company down 3%....
SkyWest orders 20 old-generation Embraer jets as order for new line remains paused
Brazilian planemaker Embraer SA said on Thursday that U.S. regional carrier SkyWest Inc had signed a firm order for 20 E175 planes from the E1...