July 22, 2019

Halliburton profit beats as company cuts cost; shares surge

Halliburton Co on Monday beat analysts’ estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing its shares up 6.8 percent in early […]
July 22, 2019

Fitch cuts outlook for Boeing on 737 MAX issues

Fitch Ratings lowered its outlook for Boeing Co to “negative” from “stable” on Monday, citing regulatory uncertainty around the timing of its 737 MAX jets’ return […]
July 22, 2019

Halliburton profit beats on international demand for oilfield services

Halliburton Co on Monday beat analysts’ estimates for second-quarter profit, as higher international demand for its oilfield services cushioned weakness in North America, its largest market. […]
July 22, 2019

Stocks struggle, oil jumps on Middle East tensions

European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil […]
July 22, 2019

Equifax to pay up to $650 million in data breach settlement

Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of […]
July 22, 2019

Starbucks’ China rival Luckin Coffee plans first foray overseas

Starbucks’ Chinese challenger, Luckin Coffee , plans to open coffee shops in the Middle East and India, in its first move overseas. Powered by WPeMatico
July 22, 2019

Futures edge higher ahead of bumper earnings week

U.S. stock index futures rose slightly on Monday as investors geared up for a busy week of corporate earnings, with results from major companies including Facebook […]
July 22, 2019

Philips sales spurred by rising Chinese healthcare spending

Rising healthcare spending by the Chinese government helped Dutch health technology company Philips post better-than-expected sales growth for the second quarter, putting its shares among the […]
July 22, 2019

Hyundai Motor lays out U.S. recovery plan, places hope on new SUV models

South Korea’s Hyundai Motor Co laid out its U.S. sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest […]
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