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Virus fears wipe $393 billion off China"s stock market despite government support moves
Investors erased $393 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year......»»
Virus worries wipe $420 billion off China"s stock market
Investors erased $420 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year......»»
Amazon Blows Away Fourth-Quarter Earnings Estimates; Stock Soars After Hours
Amazon.com, Inc. (NASDAQ: AMZN) late Thursday posted a 21% year-over-year increase in fourth-quarter 2019 revenue to $87.4 billion, and rang up a $12.9 billion shipping tab for the quarter, 43% higher than in the year-earlier quarter. But the bi.....»»
Lockheed posts stronger-than-expected earnings, closes year with $59.8B in sales
Lockheed Martin Corp. (NYSE: LMT) closed out its fiscal 2019 by beating earnings estimates, leading executives to raise their outlook for the new year. The Bethesda defense giant logged $15.88 billion in revenue for the quarter, dwarfing average .....»»
United Tech tops profit and sales estimates for latest quarter
United Technologies Corp. said Tuesday it had net income of $1.143 billion, or $1.32 a share, in the fourth quarter, up from $686 millin, or 83 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.94, ahe.....»»
Why $2 Billion Impairment Charge Isn’t Hurting Halliburton Stock
Oilfield services firm Halliburton reported fourth-quarter and full-year 2019 results Tuesday morning. The company took an impairment charge but managed to beat lowered earnings and revenue estimates......»»
America’s Best-Selling Premium Wines
Americans drank $68.1 billion worth of wine last year, including red, white, and rosé; dessert wine; and Champagne/sparkling wine. Some of the bottles opened, presumably mostly by that fabled 1%,........»»
JPMorgan Chase reports record $36.4B profit for 2019
The bank earned $2.57 a share in the fourth quarter as revenue rose 8.4 percent year-over-year to $28.3 billion......»»
Shell writes down up to $2.3 bln on weaker economic outlook
Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook. Ciara Lee reports.....»»
Shell writes down up to $2.3 billion on weaker economic outlook
Royal Dutch Shell said on Friday it expects to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook......»»
Meet the billionaire couple behind Panda Express, who built a $3 billion fortune selling 90 million pounds of orange chicken each year and run 2,000 restaurants across the globe
Panda Restaurant Group Husband .....»»
PG&E takes $2.5B hit from California wildfires
The San Francisco-based utility estimates $6.2 billion to $6.3 billion of costs this year related to wildfires......»»
JPMorgan creates unit backing quest for the next Airbnb
Venture capital firms have invested $82.6 billion in startups so far this year.....»»
Bristol-Myers tops earnings estimates but lowers guidance
Bristol-Myers Squibb Co. shares rose 0.9% after the company beat earnings estimates but lowered its full-year per-share earnings guidance. The New York-based drug company said it had net income of $1.353 billion,.....»»
GM Beats Wall Street Estimates Despite Strike Hit
The 40-day UAW strike that ended on Friday almost wiped out the General Motors Company (NYSE: GM) free cash flow for the year and will end up costing the company $3.8 billion in full year earning.....»»
GM Beats Wall Street Estimates Despite Strike Hit
The 40-day UAW strike that ended on Friday almost wiped out the General Motors Company (NYSE: GM) free cash flow for the year and will end up costing the company $3.8 billion in full year earnings. read more.....»»
UPDATE: ConocoPhillips profit tops estimates, to offer 10-year capital plan at Nov. analyst day
ConocoPhillips said Tuesday it had net income of $3.1 billion, or $2.74 a share, in the third quarter,.....»»
ConocoPhillips profit tops estimates, to offer 10-year capital plan at Nov. analyst day
ConocoPhillips said Tuesday it had net income of $3.1 billion, or $2.74 a share, in the third quarter, up from $1.9 billion, or $1.59 per share, in the year-earlier period. Excluding special item.....»»
AT&T to add new directors, sell up to $10 billion in assets next year
AT&T Inc said on Monday it would add two new board members and consider selling off up to $10 billion worth of non-core businesses next year, bowing to pressure from activist investor Elliott Management......»»
Northrop Grumman blows past profit estimates for Q3 as sales fall short
Aerospace and defense company Northrop Grumman Corp. said Thursday it had net income of $933 million, or $5.49 a share, in the third quarter, down from $1.2 billion, or $7.11 a share, in the year-earlier period. The year-earlier number included a $1.01.....»»