October 24, 2018

Investors flee stocks on global worries, Treasuries rise

Wall Street stock indexes tumbled on Wednesday as spooked investors ran for safety on global economic and political worries while U.S. Treasuries prices climbed and the […]
October 24, 2018

Airbus eyes A220 jet cost cuts ahead of Montreal supplier meeting

European planemaker Airbus SE is working to improve quality and slash costs on the production of its new A220 jet, company executives said on Wednesday, ahead […]
October 24, 2018

Whirlpool profit beats estimate on higher North America sales

U.S. home appliances group Whirlpool Corp reported a quarterly profit that beat analysts’ estimates on Wednesday, boosted by price increases and higher sales in North America […]
October 24, 2018

Chipmaker AMD’s third-quarter revenue rises 4 percent

Chipmaker Advanced Micro Devices Inc’s quarterly revenue rose 4 percent, helped by higher sales of its processors and graphics chips used in computers and data centers. […]
October 24, 2018

Tesla posts profit with Model 3 surge, shares jump

Tesla Inc made good on Chief Executive Officer Elon Musk’s promise that it would turn a profit in the third quarter as it ramps up production […]
October 24, 2018

Visa tops profit estimates as consumer spending grows

Visa Inc topped Wall Street estimates for quarterly profit on Wednesday, as the world’s largest payments network benefited from higher credit- and debit-card spending in a […]
October 24, 2018

China slump, commodity costs cause Ford profit drop

Ford Motor Co on Wednesday posted a lower quarterly profit as high commodity costs and a China sales slump partially offset strong demand for pickup trucks […]
October 24, 2018

Microsoft results beat estimates on strong cloud growth

Microsoft Corp beat Wall Street estimates for revenue and profit in its first quarter on Wednesday, as more businesses signed up for its Azure cloud computing […]
October 24, 2018

Nasdaq confirms correction; S&P, Dow erases year’s gains

U.S. stocks tumbled again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and S&P 500’s gains for the year, as disappointing forecasts […]
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