Oil steadies above $61, weak demand outlook weighs
Oil steadied above $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect...
Southwest profit jumps 7.2% as demand, MAX cancellations push up fares
Southwest Airlines Co reported a 7.2% rise in third-quarter profit on Thursday, driven by strong travel demand and higher fares following flight cancellations due to...
Futures rise as better earnings ease nerves
U.S. stock index futures edged higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment following lackluster reports from big bellwether...
Hershey ups full-year sales forecast after third-quarter beat
Hershey Co raised its full-year revenue forecast after posting third-quarter results that beat Wall Street estimates on Thursday, driven by price increases and investments in...
White House aide: Phase one U.S.-China trade deal targets intellectual property
An initial pact on U.S-China trade will include much of a scrapped May deal’s agreement regarding intellectual property and will target enforcement mechanisms, White House...
Chemicals maker Dow cuts costs as global slowdown bites
Dow Inc beat Wall Street estimates for profit in the third quarter as it cut costs to offset a sharp slowdown in demand for the...
Comcast beats profit estimates on internet subscriber additions
Media and communications company Comcast Corp beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it...
Raytheon beats profit, raises full-year forecast on higher weapons demand
U.S. weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for weapons...
Chemicals maker Dow profit beats estimates on cost cuts
Dow Inc beat Wall Street estimates for third-quarter profit on Thursday as its efforts to cut costs helped offset weaker prices for its chemicals used...
3M cuts profit forecast after sales miss on slowing Asia demand
3M Co fell short of Wall Street estimates for quarterly sales and cut its full-year profit forecast on Thursday, hit by slowing demand in key...