Chemicals maker Albemarle profit beats, raises 2019 earnings forecast
Albemarle Corp beat quarterly profit estimates on higher demand for bromine and raised its 2019 adjusted profit forecast on Wednesday, sending shares of the world’s...
Rush into U.S. bonds curbs global stock markets; gold touches 6-year high
Investors rushed into the safety of U.S. government bonds on Wednesday, muting a broad stocks rally as fears of a global recession grew....
Manulife profit beats on strength in Asia unit
Canada’s largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest....
Medicare to cover expensive cancer cell therapies
The U.S. Centers for Medicare and Medicaid Services (CMS) on Wednesday said it has finalized a decision to cover expensive cancer cell therapies sold by...
Silver lining to U.S. market sell-off: Fundamentals still seem to matter
U.S. companies posting strong earnings are still winning laurels from investors, even amid the broad stock sell-off over the last week, suggesting that the kind...
IAC explores option to spin off Match, ANGI; beats quarterly revenue
IAC/InterActiveCorp said it was exploring the possibility of spinning off its stake in Tinder-parent Match Group and online homeservices provider ANGI Homeservices as it reported...
Manulife beats profit, boosted by strength in domestic, U.S. unit
Canada’s largest insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by growth in its domestic and U.S. business....
S&P 500 erases big losses to end up; investors buy bargains, yields off lows
The S&P 500 recovered from steep early losses to end slightly higher on Wednesday as investors snapped up oversold shares and bond yields rebounded from...
Broadcom in advanced talks to buy Symantec’s enterprise business: sources
Chipmaker Broadcom Inc is in advanced talks to buy Symantec Corp’s enterprise business, according to people familiar with the matter....
Canada’s Manulife posts 1.5% rise in quarterly profit
Canadian insurer Manulife Financial Corp reported a 1.5% rise in core earnings on Wednesday, helped by growth in its domestic and U.S. business....