Comcast second-quarter profit beats Wall St., misses on revenue
Comcast Corp’s second-quarter profit on Thursday beat Wall Street estimates as it added more high-speed internet customers, but it lost more video and phone customers...
Wall St. dips at open as corporate earnings point to slowing growth
Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening...
Exclusive: Kenya Airways goes full circle with two-year nationalization plan
Kenya will take at least 21 months to take back full control of its national carrier Kenya Airways , buying out minority shareholders and converting...
Wall Street dips at open as coporate earnings point to slowing growth
Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening...
PG&E expects $4.8 billion of initial contribution to California wildfire fund
Power producer PG&E Corp said on Thursday its initial contribution to California’s wildfire fund would be about $4.8 billion, and annual contribution about $193 million....
ISS urges Occidental shareholders to provide consent to fix record date
Proxy advisory firm Institutional Shareholder Services on Thursday urged Occidental Petroleum shareholders to ask management to let them weigh in on board and governance issues...
U.S. business investment picking up; goods trade deficit narrows
New orders for key U.S.-made capital goods surged in June, but the jump will probably not change expectations that business investment contracted further in the...
Oil rises on Iran tensions, U.S. inventory decline
Oil rose $1 on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but prices faced downward pressure from weak manufacturing...
Raytheon profit beats, raises full-year outlook
U.S. weapons maker Raytheon Co on Thursday reported a better-than-expected second-quarter profit and raised its full-year profit and sales outlook, helped by higher sales of...
Dow forecasts third-quarter revenue below estimates, shares dip
Dow Inc forecast current-quarter revenue below analyst expectations on Thursday and said it would cut 2019 spending as chemical companies grappled with the prolonged U.S-China...