Merck quarterly profit beats on strong demand for Keytruda, vaccines
Merck & Co Inc posted a higher-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday, powered by strong demand for its vaccines and...
Brazil Embraer’s deliveries of commercial jets continue to fall in second quarter
Brazil planemaker Embraer delivered 26 commercial planes in the second quarter of 2019, down from 28 planes in the same period of 2018 and 35...
Oil prices boosted by expectations of Fed rate cut
Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time...
Swiss help Japan’s investigation into ex-Renault-Nissan boss Ghosn
Swiss prosecutors said on Tuesday they are assisting Japanese authorities in their investigation into former Renault and Nissan Motor boss Carlos Ghosn, who faces charges...
Higher consumer spending helps Mastercard beat quarterly profit estimates
Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit, as a robust economy encouraged customers to spend more, boosting fee income for the...
D.R. Horton profit beats as lower home prices boost demand
No.1 U.S. homebuilder D.R. Horton Inc topped Wall Street estimates for quarterly profit and revenue on Tuesday, as lower home prices and declining mortgage rates...
Procter & Gamble sales, profit beat expectations; shares rise
Procter & Gamble Co’s quarterly revenue and profit beat Wall Street expectations on Tuesday, boosted by price hikes and strong demand for its beauty products...
Under Armour cuts North America revenue forecast; shares fall 10%
Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America, its biggest market, in the face of stiff competition from...
ConocoPhillips adjusted profit falls on lower crude prices
Independent oil and gas producer ConocoPhillips reported an 11.6% drop in quarterly profit on Tuesday, as fears of slowing global economy weighed on crude prices....
Karmic reckoning? Investors in activist hedge funds agitate for change
Frustrated by high fees and uninspiring returns, pension funds, sovereign wealth funds and other big institutional investors are demanding U.S. activist hedge funds be more...