Huawei to develop radars for self-driving cars, top executive says
Huawei Technologies Co Ltd will utilize its 5G technologies to develop radar for self-driving cars, its deputy chairman told a conference, as the Chinese manufacturer...
Wall Street eyes mixed open after earnings reports; McDonald’s disappoints
The S&P 500 and Nasdaq were set to open higher on Tuesday after a batch of upbeat earnings reports eased concerns over domestic growth and...
Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip
Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but...
UTC expects Boeing to maintain 737 MAX production rate in 2019
United Technologies expects its customer Boeing to keep producing 42 737 MAX planes per month in 2019, allaying fears of a manufacturing pause that could...
UPS COO’s retirement overshadows e-commerce fueled profit rise
United Parcel Service Inc’s e-commerce fueled quarterly profit beat on Tuesday was overshadowed by news that Jim Barber, widely viewed as the world’s biggest parcel...
P&G raises full-year forecast after beauty, healthcare brands drive profit beat
Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty...
Lockheed Martin raises 2019 forecast as quarterly profit climbs 9.2%
Lockheed Martin Corp raised its forecast for 2019 earnings as it reported a 9.2% rise in quarterly profit on Tuesday, helped by increased sales in...
McDonald’s U.S. same-store sales miss expectations
McDonald’s Corp fell short of Wall Street expectations for quarterly sales at its established U.S. outlets on Tuesday, as it battled intense competition from rival...
Hasbro misses profit estimates as costs jump on tariff threat
Hasbro Inc fell short of Wall Street estimates for quarterly profit on Tuesday, as the threat of tariffs on toys imported from China ramped up...
European stocks inch up on earnings, sterling hovers before Brexit votes
European shares eked out small gains on Tuesday as talk of progress in China-U.S. trade talks was offset by mixed corporate earnings, while sterling held...