October 30, 2018

Coke profits get health kick in third quarter

Coca-Cola Co’s quarterly revenue and profit topped Wall Street expectations on Tuesday, as investments to cater to changing consumer tastes paid off with higher sales of […]
October 30, 2018

U.S. stocks ride higher on trade optimism

U.S. stocks rose on Tuesday, helped by a rebound in technology stocks after a volatile few sessions on Wall Street, amid optimism over the U.S.-China trade […]
October 30, 2018

Chesapeake expands oil production with $4 billion WildHorse deal

Chesapeake Energy Corp said on Tuesday it would buy Texas-based WildHorse Resource Development Corp in a nearly $4 billion deal, adding lucrative oil-producing regions as part […]
October 30, 2018

Pfizer cuts revenue forecast as supply snags, dollar strength weigh

Pfizer Inc on Tuesday reported worse-than-expected third quarter revenue and lowered the top end of its full-year sales forecast as generic competition and drug pricing pressure […]
October 30, 2018

Oil prices fall 2 percent on rising supply and trade war

Oil prices fell more than 2 percent on Tuesday on signs of rising supply and concerns that global economic activity and fuel demand would be hit […]
October 30, 2018

Baker Hughes to halt buybacks, awaits GE plans

GE’s Baker Hughes has halted its share buyback program as it awaits more clarity from parent General Electric about its plans as the U.S. conglomerate embarks […]
October 30, 2018

Julius Baer expects ex-banker’s sentence to have no bearing on its U.S. legal issues

Swiss private bank Julius Baer does not expect the U.S. sentencing of one of its former Latin America executives to have any bearing on the bank’s […]
October 30, 2018

VW operating profit drops as anti-pollution rules bite

Volkswagen reported a smaller than expected 18.6 percent drop in third-quarter adjusted operating profit, boosting its shares despite weaker vehicle sales tied to the introduction of […]
October 30, 2018

Oil prices slip on rising supply, trade tensions

Oil prices slipped on Tuesday, depressed by concerns that the U.S.-China trade dispute will dent economic growth and by signs of rising global supply despite upcoming […]
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