February 7, 2019

Volvo Cars feels margin pressure from U.S.-China tariff war

Volvo Cars, owned by China’s Geely, reported higher full-year revenue on Thursday, but said its profit margins had slipped and were expected to remain under pressure […]
February 7, 2019

Bank branches lose influence in battle for U.S. market share: study

In a world with fewer branches, banks will need to rely more heavily on advertising to win market share, according to a study released on Thursday […]
February 6, 2019

Chipotle’s fresh food campaign drives profit beat, shares surge

Chipotle Mexican Grill Inc topped Wall Street forecasts for quarterly earnings as aggressive marketing helped lure more diners and boost online orders, sending its shares up […]
February 6, 2019

GoPro tops revenue estimates, posts first profit in five quarters

GoPro Inc reported its first profit in five quarters on Wednesday and topped Wall Street estimates for revenue, as it cut costs and saw strong demand […]
February 6, 2019

At least four pharma CEOs to testify at Senate drug pricing hearing

Drugmakers Pfizer Inc, Bristol-Myers Squibb Co and Sanofi SA said on Wednesday that their chief executives plan to testify at a Senate hearing on rising prescription […]
February 6, 2019

Novartis CEO says U.S. rebate plan will return cash to patients

Novartis AG Chief Executive Vas Narasimhan said his company’s prescription drug prices have been “flat to negative” over the last three years, and directed blame for […]
February 6, 2019

Wall Street rally pauses after underwhelming revenue forecasts

U.S. stocks edged lower on Wednesday as videogame makers reported disappointing revenue forecasts and investors awaited developments on U.S.-China trade relations. Powered by WPeMatico
February 6, 2019

High-margin pickup trucks drive GM profit, shares rise

General Motors Co on Wednesday reported a quarterly profit that exceeded Wall Street expectations, thanks to high-margin pickup trucks and small SUVs in the U.S. market […]
February 6, 2019

U.S. trade deficit for November falls as imports decline

The U.S. trade deficit narrowed sharply in November amid declines in imports of cellphones and petroleum products. Powered by WPeMatico
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