April 23, 2019

Bumblebee movie boost transforms Hasbro first quarter; shares surge

Hasbro Inc reported a surprise quarterly profit on Tuesday as the box-office success of Transformers movie spin-off “Bumblebee” charged sales of its action toys, putting the […]
April 23, 2019

Analysts at Lyft underwriters say buy falling stock

Wall Street’s public opinion of Lyft Inc took a major turn for the positive on Tuesday, after analysts at many of the banks that worked on […]
April 23, 2019

Oil hits highest since November as U.S. tightens Iran sanctions

Oil prices hit their highest since November on Tuesday after Washington announced the end of all waivers on imports of sanctions-hit Iranian crude, pressuring importers to […]
April 23, 2019

Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019

Alphabet Inc’s Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto […]
April 23, 2019

German prosecutors probe bonus payments to suspended VW manager

German prosecutors are investigating a possible breach of fiduciary duty by Volkswagen over bonus payments made to an executive who was suspended over the carmaker’s emissions […]
April 23, 2019

Lockheed Martin raises 2019 profit, shares rise

Pentagon’s No.1 weapons supplier Lockheed Martin Corp on Tuesday reported a 47 percent jump in quarterly profit and raised its 2019 profit forecast, sending shares up […]
April 23, 2019

Stock futures point to flat Wall Street open as earnings roll in

U.S. stock index futures pointed to a subdued opening on Wall Street on Tuesday, as investors parsed through a fresh batch of reports from Coca-Cola, Twitter […]
April 23, 2019

U.S. may follow China with first quarter GDP upside surprise

A temporary government shutdown with no end in sight, rising trade conflicts and a global growth slowdown: the first quarter outlook for the U.S. economy did […]
April 23, 2019

Oil hits highest since November as U.S. to tighten Iran sanctions

Oil prices hit their highest since November on Tuesday after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next week, pressuring importers […]
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