August 1, 2019

Coffee baron’s death fuels India Inc anger over govt crackdown on wrongdoing

The apparent suicide of India’s coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger toward the government among business leaders who feel it […]
August 1, 2019

Verizon beats profit estimates as monthly phone subscribers jump

Verizon Communications Inc on Thursday beat second-quarter profit estimates as the largest U.S. mobile carrier added far more net new phone subscribers who pay a monthly […]
August 1, 2019

Yum Brands earnings beat on Taco bell, KFC boost

Yum Brands Inc beat Wall Street expectations for quarterly profit and sales on Thursday, as the restaurant chain operator benefited from better-than-expected growth at KFC, Pizza […]
August 1, 2019

ADM profit plunges more than 40% on U.S. weather, trade war woes

U.S. grains merchant Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by […]
August 1, 2019

Mind your backs, dollar coming through!

The dollar charged to its highest in more than two years on Thursday after the Federal Reserve spoiled hopes of a run of U.S. interest rate […]
August 1, 2019

Thomson Reuters raises outlook, grows fastest since financial crisis

Thomson Reuters Corp raised its sales and core profit outlook for 2019 and 2020 on Thursday after reporting 4% organic revenue growth in the second quarter, […]
August 1, 2019

Marathon Petroleum profit beats on higher crude shipments, retail strength

U.S. refiner Marathon Petroleum Corp on Thursday beat estimates for quarterly profit, as it transported more crude through its pipelines and benefited from higher sales from […]
August 1, 2019

Cigna posts second-quarter profit beat, raises 2019 earnings forecast

Health insurer Cigna Corp raised its forecast for full-year adjusted earnings on Thursday after posting a better-than-expected profit in the second quarter, helped by higher revenue […]
August 1, 2019

Bombardier posts loss, cuts profit forecast on rail division woes

Canada’s Bombardier Inc on Thursday reported a larger quarterly loss than analysts had expected, and lowered its full-year earnings forecast, as the company wrestled with challenges […]
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