Eli Lilly lifts 2019 profit forecast after third-quarter beat
Eli Lilly and Co raised its 2019 profit forecast after reporting a better-than-expected quarterly profit on Wednesday, helped by performance of its diabetes drug, Humalog,...
Caterpillar profit falls 13.5%; cuts 2019 profit outlook
Caterpillar Inc reported a 13.5% fall in quarterly profit on Wednesday, hit by weak demand in its construction and resources units, and the company cut...
Samsung updates software to fix fingerprint recognition problem
Samsung Electronics Co Ltd has updated software to fix problems with fingerprint recognition features on its flagship Galaxy S10 and Note 10 smartphones, it said...
Eli Lilly reports 9% rise in third-quarter profit
Eli Lilly and Co reported a 9.1% increase in third-quarter profit on Wednesday, helped by higher sales of its top-selling diabetes drug, Trulicity, and lower...
Health insurer Anthem profit beats, raises 2019 earnings forecast
Anthem Inc reported a better-than-expected quarterly profit on Wednesday as it benefited from higher sales of its government-backed health plans, prompting the health insurer to...
Brewer Heineken tempers profit hopes as Americas slip
Heineken , the world’s second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after an unexpected dip in...
China factory production key as Tesla reports third-quarter results
Tesla Inc is conducting trial production runs at its new $2 billion China factory for the past several weeks and will sell some of the...
Oil dips as U.S. stocks rise; prospect of OPEC action supports
Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper...
Exclusive: Datsun brand set to go as Nissan rolls back Ghosn’s expansionist strategy – sources
Nissan Motor Co Ltd is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it...
Oil dips as U.S. stocks build; output cut prospects give support
Oil fell on Wednesday after climbing over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stocks, but the...