Wells Fargo reports falling profit as legal costs mount
Wells Fargo & Co reported lower profits on Tuesday as the bank braced for additional legal expenses tied to a scandal that erupted more than...
Fidelity criticizes money manager Fisher, who loses Philadelphia as client
Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher and Philadelphia’s board of pensions said it terminated its business...
Global stocks jump on report Brexit deal may be close, oil slips
Stocks in Europe and on Wall Street jumped about 1% on Tuesday on strong U.S. corporate results and a possible deal to avoid a disorderly...
Private market gives WeWork shares the cold shoulder
Trading in shares of WeWork in the private over-the-counter (OTC) market has almost ground to a halt, underscoring a loss of investor confidence in the...
United lifts 2019 profit target as strong travel demand outweighs MAX crisis
United Airlines on Tuesday topped Wall Street estimates for quarterly profit, boosted by higher fares and lower fuel costs, and lifted its 2019 profit target...
Sunrise shareholder Canada Pension Plan Investment Board backs $2.8 billion capital hike
Sunrise Communications has won support from one of its largest shareholders for its $2.8 billion capital hike – the latest twist in the telecom company’s...
Wall Street gains as earnings season begins in earnest
Wall Street advanced on Tuesday as third-quarter reporting season hit with a spate of upbeat earnings reports that brought buyers back to the equities market....
United Airlines beats quarterly profit estimates, lifts 2019 forecast
United Airlines on Tuesday beat Wall Street estimates for quarterly profit, boosted by strong travel demand and lower fuel costs, and lifted its full-year profit...
Upbeat earnings reports boost Wall Street
Wall Street advanced on Tuesday as the third-quarter earnings season hit the ground running with a spate of upbeat reports that brought buyers back to...
Oil falls on weaker economic growth forecasts and swelling U.S. crude stocks
Oil prices fell on Tuesday, as investors worried that the unrelenting U.S.-China trade war would keep squeezing the global economy, and that swelling U.S. crude...