April 16, 2019

India’s Jet Airways faces imminent shutdown without emergency funds: sources

India’s Jet Airways Ltd will be forced to shut down as soon as Wednesday if it does not get emergency funding from its lenders, two sources […]
April 16, 2019

Wall St. rises on tech boost, robust Johnson & Johnson earnings

U.S. stocks rose on Tuesday, powered by stellar results from healthcare conglomerate Johnson & Johnson and gains in technology stocks, with the benchmark S&P 500 less […]
April 16, 2019

Oil holds above $71 as supply risks back in focus

Oil held above $71 a barrel on Tuesday, supported by falling Venezuelan and Iranian exports and fighting in Libya that raised concerns of more supply threats, […]
April 16, 2019

U.S. manufacturing output flat as auto production falls

U.S. manufacturing output was unchanged in March after two straight monthly declines, leading to the largest quarterly decrease in production since 2017. Powered by WPeMatico
April 16, 2019

BlackRock profit beats estimates as assets rebound above $6 trillion

BlackRock Inc, the world’s largest asset manager, reported first-quarter profit that exceeded expectations and raked in $65 billion of new investor cash as global financial markets […]
April 16, 2019

Starboard takes new position in KAR Auction Services

Activist investment firm Starboard Value has taken a new position in KAR Auction Services, the firm’s founder Jeffrey Smith said at a conference on Tuesday. Powered […]
April 16, 2019

UnitedHealth beats first-quarter profit view, raises 2019 forecast

UnitedHealth Group Inc on Tuesday reported a quarterly profit above estimates and raised its 2019 earnings forecast on increased prescription volumes at its pharmacy benefits unit, […]
April 16, 2019

UnitedHealth beats first-quarter profit estimates, raises 2019 forecast

UnitedHealth Group Inc reported a first-quarter profit above estimates and raised its 2019 earnings forecast, driven by strength in its pharmacy benefit management business and higher […]
April 16, 2019

Stocks march to new highs as European volatility vanishes

Stock markets rose on Tuesday to new six-month highs after reassuring data about the health of China’s economy and economic sentiment in Germany helped investors brush […]
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