April 23, 2019

S&P 500 flirts with record high on upbeat earnings

The S&P 500 was within striking distance of its all-time high on Tuesday as better-than-expected results from Twitter and a host of industrial companies eased concerns […]
April 23, 2019

Weak first quarter seen for U.S. refiners, but brighter summer expected

U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a spate of outages, weak gasoline margins and a surge in the […]
April 23, 2019

Upbeat earnings boost Wall Street

U.S. stocks edged higher on Tuesday, as upbeat results from Coca-Cola, Twitter and a host of industrial companies allayed investor concerns about slowing profits. Powered by […]
April 23, 2019

Exclusive: After U.S. sanctions, Venezuela seeks to collect some oil payments via Rosneft

(This April 18 story corrects to make clear Reuters could not determine payments were made under the proposed arrangement, removes reference to Evrofinance Mosnarbank and clarifies […]
April 23, 2019

Lower mortgage rates, prices lift U.S. new home sales to one-and-a-half-year high

Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. Powered by WPeMatico
April 23, 2019

Verizon raises profit forecast, loses more phone subscribers

Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the […]
April 23, 2019

Lockheed Martin raises 2019 profit forecast, shares jump

Lockheed Martin Corp reported a better-than-expected 47 percent jump in quarterly profit on Tuesday and raised its annual profit forecast, helped by strong demand for its […]
April 23, 2019

Top shareholder won’t back Bayer management in AGM vote: sources

Bayer’s largest shareholder, fund manager BlackRock, will not support the German company’s management in a key vote at its annual general meeting (AGM) on Friday, two […]
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 […]
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