German healthcare group Fresenius (NYSE: FMS) beat second-quarter operating profit expectations on Wednesday, citing strong performance at its Kabi and […]
NEW YORK – Citigroup (NYSE: C) repeatedly breached a U.S. Federal Reserve rule that limits intercompany transactions, leading to errors […]
Apple (NASDAQ: AAPL) will likely report on Thursday that it returned to revenue growth in its fiscal third quarter as […]
NEW YORK – The S&P 500 and Nasdaq closed lower on Tuesday, weighed down by weak chip and megacap shares […]
S&P 500, Nasdaq Slips on Cautious Sentiment Before Tech Earnings Read More »
On Tuesday, Merck & Co. (NYSE: MRK) said that shipments of its Gardasil vaccine in the important China market declined […]
Investor Panic Erupts After Merck’s (NYSE: MRK) Gardasil Sales Dip in China Market Read More »
On Tuesday, Aircraft parts maker Howmet Aerospace (NYSE: HWM) said customer Boeing Co (NYSE: BA) was trimming orders for its […]
Howmet Aerospace (NYSE: HWM) Ups Financial Guidance Amid Boeing Order Cuts Read More »
Pfizer (NYSE: PFE) raised its annual profit forecast on Tuesday, helped by cancer treatments acquired through a $43 billion deal […]
Pfizer (NYSE: PFE) Lifts Annual Profit Outlook with Surge in Cancer and Heart Drug Sales Read More »
MADRID – Spanish pharmaceutical company Grifols (NASDAQ: GRFS) said on Tuesday it had written down its 2020-2023 financial records by […]
WASHINGTON – Charter Communications (NASDAQ: CHTR) will pay a $15 million civil penalty to resolve an investigation into compliance with […]
LONDON/ZURICH – Switzerland’s financial supervisor has been scrutinizing how UBS (NYSE: UBS) vets risky wealthy clients that it wants to […]
The S&P 500 closed barely higher after Monday’s choppy trading session as investors held their breath ahead of a raft […]
Pfizer’s (NYSE: PFE), GSK’s (NYSE: GSK), and Moderna’s (NASDAQ: MRNA) competition for arms for their new respiratory syncytial virus (RSV) […]
Wall Street Eyes RSV Vaccine Competition as Pfizer, GSK, Moderna Prep Earnings Reports Read More »
WASHINGTON – Inflation is nearing the Federal Reserve’s 2% target, and the central bank is expected to begin cutting interest […]
Fed on Track to Meet 2% Inflation Target as Interest Rate Cuts Loom Read More »
Swiss drugmaker Roche plans to accelerate the development of its anti-obesity drugs to challenge rivals like Eli Lilly (NYSE: LLY) […]
Roche to Fast-track Anti-Obesity Drug Development to Compete with Rivals: FT Report Read More »
Wall Street’s major indexes ended higher on Friday as investors flocked back to tech megacaps that had triggered broad sell-offs […]
U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology […]
US Equity Funds Gain Inflows, Overcoming The Tech Selloff Read More »
Asset manager T Rowe Price (NASDAQ: TROW) reported an 11% jump in second-quarter adjusted profit on Friday, helped by a […]
T Rowe Price (NASDAQ: TROW) Achieves 11% Profit Growth in Q2, Thanks to Market Upswing Read More »
Juniper Networks (NYSE: JNPR) reported second-quarter revenue and profit below analysts’ estimates on Thursday due to weak spending by cloud […]
Juniper Networks (NYSE: JNPR) Misses Q2 Revenue and Profit Estimates Read More »
LONDON – NatWest (NYSE: NWG) has bought a 2.4 billion pound ($3.09 billion) mortgage book from Metro Bank and upgraded […]
NatWest (NYSE: NWG) Buys $3 Billion Metro Bank Mortgage Book, Raises 2024 Outlook Read More »
On Thursday, California’s top state court upheld a measure approved by voters allowing app-based services such as Uber (NYSE: UBER) […]
FRANKFURT – Deutsche Bank (NYSE: DB) is focused on making itself stronger by doing its “homework” rather than considering mergers […]
Deutsche Bank (NYSE: DB) Plays Down Prospect of M&A Any Time Soon Read More »
MILAN – Oracle (NYSE: ORCL) has signed an accord with Rai Way to install its systems for artificial intelligence applications […]
Oracle (NYSE: ORCL) Inks Agreement with Rai Way for Data Center Use Read More »
LONDON – Barclays (NYSE: BCS) is winning business from its top Wall Street rivals in prime brokerage, a lucrative investment […]
Exclusive: Barclays (NYSE: BCS) Reaps Hedge Fund Riches in Battle of The Prime Brokers Read More »
Banc of California’s (NYSE: BANC) shares fell 8% on Tuesday after the lender disclosed it had increased its provisions for […]
Banc of California (NYSE: BANC) Reports Higher Loan Default Reserves, Stock Tumbles Read More »
