August 7, 2018

Amazon and Microsoft nudge S&P 500 closer to record high

The S&P 500 inched nearer to a record high on Tuesday, lifted by Amazon, Alphabet and Microsoft, and by a strong second-quarter earnings season that fueled […]
August 7, 2018

Global stocks rise on China boost, S&P 500 nears record; oil gains

Equity markets around the world neared a six-month high on Tuesday, buoyed by a rebound in Chinese stocks and an earnings-driven surge on Wall Street, while […]
August 7, 2018

Wendy’s North America same-restaurant sales top estimates

U.S. burger chain Wendy’s Co on Tuesday topped Wall Street targets for sales at established outlets in North America, led by the popularity of its value-menu […]
August 7, 2018

Disney quarterly profit misses as programming costs surge

Walt Disney Co missed Wall Street estimates for quarterly profit on Tuesday due to higher programming costs and another drop in subscribers at ESPN. Powered by […]
August 7, 2018

Goldman Sachs under U.S. scrutiny in Malaysian fraud inquiry: NYT

Federal prosecutors drafted a criminal complaint against a former Goldman Sachs banker early this year for his alleged role in a Malaysian fraud, but the charges […]
August 7, 2018

Tesla statement on potential deal to go private

The following blog post was published on Tuesday by Tesla Inc Chief Executive Elon Musk following his earlier comments on Twitter about taking the company private. […]
August 7, 2018

Tesla call options jump on Musk tweet, short-sellers hurt

Some nimble traders in Tesla Inc’s options made massive paper profits on Tuesday, while short-sellers were hit with nearly $1 billion in paper losses after Tesla […]
August 7, 2018

Fox posts offer document for Sky deal

Twenty-First Century Fox Inc on Tuesday posted an offer document and form of acceptance for its 14 pounds a share offer to buy UK’s Sky on […]
August 7, 2018

Icahn urges Cigna shareholders to vote against Express Scripts deal

Activist investor Carl Icahn on Tuesday urged Cigna Corp shareholders to vote against the health insurer’s $52 billion purchase of Express Scripts Holding Co , citing […]
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