Wall St. slips at open on weak results from Caterpillar, Boeing
U.S. stocks opened lower on Wednesday after bleak earnings from bellwethers Caterpillar and Boeing exacerbated concerns over slowing global growth....
Boeing posts biggest loss in a decade after 737 MAX grounding
Boeing Co reported a nearly $3 billion quarterly loss on Wednesday, its largest in a decade, as the world’s largest planemaker struggles with the prolonged...
Deutsche Bank stumbles to big loss on road to reinvention
Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief Executive Christian Sewing as...
Caterpillar’s earnings disappoint on weak China sales, higher costs
Caterpillar Inc’s earnings on Wednesday missed Wall Street’s estimates, hurt by a combination of weak sales in China, and higher production and restructuring costs, leading...
Caterpillar, Boeing to weigh on Wall Street open
U.S. stock market futures fell on Wednesday after bleak earnings from bellwethers Caterpillar and Boeing added to the concerns over a slowing economy that have...
Trump has no position on Boeing’s 737 Max, but says it must be fixed to fly: Mnuchin
U.S. President Donald Trump has no position on Boeing Co’s grounded 737 Max aircraft except that the plane’s flaws must be fixed if the company...
GM Cruise to delay commercial deployment of self-driving cars beyond 2019
General Motors Co’s self-driving unit, Cruise, said on Wednesday it was delaying the commercial deployment of cars past 2019 as it requires more testing of...
PSA-Opel savings drive new profit record, defying slump
French carmaker PSA Group delivered a sharp increase in first-half profit, defying a global industry downturn as new models and cost savings from the integration...
Anthem shares sink as cost concerns overshadow earnings beat
Anthem Inc shares fell as much as 4% on Wednesday after the U.S. health insurer missed Wall Street expectations for a key medical cost gauge...
Caterpillar earnings fall on cooling demand
Caterpillar Inc’s on Wednesday reported lower quarterly earnings, hurt by cooling demand for construction machines in Asia-Pacific as well as weak sales at its energy...