October 17, 2018

U.S. oil service firms face tough quarter despite high crude prices

Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their […]
October 16, 2018

Softbank ‘anxiously’ monitoring Saudi Arabia situation: executive

Softbank Group Chief Operating Officer Marcelo Claure said on Tuesday it is “business at usual” at companies backed by its nearly $100 billion Vision Fund despite […]
October 16, 2018

Wall St. rallies over 2 percent with earnings, data boost

U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs and solid economic data, as […]
October 16, 2018

IBM misses revenue estimates as server, software sales slow

International Business Machines Corp missed Wall Street estimates for third-quarter revenue as software sales slow down and a boost from the launch of new server products […]
October 16, 2018

United third-quarter profit tops views; full-year outlook hiked

United Airlines posted a forecast-beating rise in third-quarter profit on Tuesday and raised its 2018 forecast for the third time this year, lifted by its strategy […]
October 16, 2018

Softbank ‘anxiously’ monitoring Saudi Arabia situation, exec says

Softbank Group Chief Operating Officer Marcelo Claure said it is “business at usual” at the companies backed by its nearly $100 billion Vision Fund despite a […]
October 16, 2018

Netflix subscriber growth beats estimates, shares surge

Netflix Inc added about 7 million streaming customers in the latest quarter, 1.8 million more than Wall Street expected, as it debuted a record amount of […]
October 16, 2018

Global stocks rebound with earnings in focus; oil little changed

Stocks bounced back on Tuesday across the world, supported by strong earnings expectations, while oil prices were wobbly as evidence of higher U.S. production was overshadowed […]
October 16, 2018

Railroad operator CSX’s quarterly profit tops Wall Street target

CSX Corp on Tuesday reported quarterly profit that topped Wall Street’s view, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting, broad-based volume growth […]
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