Texas shale pioneers struggle to appease investors
Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas....
Eli Lilly tops revenue estimates on boost from diabetes drugs
Eli Lilly and Co beat analysts’ estimates for quarterly profit on Tuesday and raised its full-year earnings forecast, as higher sales of diabetes drugs Trulicity...
Texas shale pioneers struggle to appease investors, compete with majors
Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas....
D.R. Horton tops estimates on higher home sales, lower mortgage rates
No.1 U.S. homebuilder D.R. Horton Inc beat Wall Street estimates for third-quarter profit and revenue on Tuesday, boosted by higher home sales and declining mortgage...
Xerox cuts full-year revenue forecast
Xerox Inc cut its full-year revenue forecast on Tuesday, citing organizational changes, primarily in North America....
D.R. Horton profit rises 4.6%
No.1 U.S. homebuilder D.R. Horton Inc reported a 4.6% rise in quarterly profit on Tuesday, driven by higher demand and cheaper mortgage rates....
Eli Lilly tops revenue estimates on diabetes drug boost
Eli Lilly and Co edged past Wall Street estimates for quarterly revenue on Tuesday, as higher sales of its top-selling diabetes drug, Trulicity, helped offset...
BP profit again outstrips forecasts, lifted by higher oil output
A strong rise in oil and gas production helped BP offset weaker crude prices and refining profit to again beat profit expectations on Tuesday, boosting...
Sony surprises with record profit as image sensor demand offsets weak gaming
Japan’s Sony Corp surprised the market by reporting on Tuesday a record first-quarter operating profit despite the slowing gaming business, as strong demand for multiple-lens...
Stormy sterling sinks again, stocks wilt before Fed
Brewing no-deal Brexit worries sent the pound sinking towards a two-year low versus the euro and roughed up Irish bonds on Tuesday, while stock markets...