January 23, 2019

S&P, Nasdaq dip as healthcare, financials weigh; IBM keeps Dow higher

The S&P 500 and the Nasdaq reversed course to dip slightly on Wednesday due to losses in healthcare and financial sectors, while the Dow stayed afloat […]
January 23, 2019

Strong earnings boost Dow at the open

Strong earnings from IBM, United Technologies and Procter & Gamble boosted the Dow Jones Industrial Average at the open on Wednesday and propelled a rebound in […]
January 23, 2019

Kerrisdale says Qualcomm’s stock could shrink by half: report

Activist investor Sahm Adrangi, who cemented his reputation with successful bets against Chinese internet companies, said that he has taken a short position against Qualcomm Inc […]
January 23, 2019

United Tech profit jumps on aerospace, tax boosts

United Technologies Corp beat analysts’ estimates for fourth-quarter profit on Wednesday, boosted by a lower tax rate and double-digit sales growth at its aerospace businesses, sending […]
January 23, 2019

Procter & Gamble raises forecast on strength of skin care, detergent brands

Procter & Gamble Co raised its full-year sales forecast and beat Wall Street estimates for quarterly revenue and profit on Wednesday, driven by price increases and […]
January 23, 2019

Russia says oil price war with U.S. would be too costly

Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share […]
January 23, 2019

PG&E expects capital spending of about $6.6 billion in 2019

U.S. power company PG&E Corp said http://bit.ly/2T5NcbG on Wednesday it expected capital expenses of about $6.6 billion in 2019 and $6.9 billion in 2020. Powered by […]
January 23, 2019

Former Tesco director Carl Rogberg cleared of fraud over 2014 scandal

A former senior director of Tesco was formally acquitted on Wednesday of fraud and false accounting at Britain’s biggest retailer in 2014. Powered by WPeMatico
January 23, 2019

Taco Bell eyes Asia-Pacific to drive overseas expansion

U.S. fast food chain Taco Bell plans to double its international footprint with Asian markets as the main driver for overseas growth as awareness about Mexican […]
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