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 […]
April 23, 2019

Analysts at Lyft underwriters say buy falling stock

Wall Street’s public opinion of Lyft Inc took a major turn for the positive on Tuesday, after analysts at many of the banks that worked on […]
April 23, 2019

Oil hits highest since November as U.S. tightens Iran sanctions

Oil prices hit their highest since November on Tuesday after Washington announced the end of all waivers on imports of sanctions-hit Iranian crude, pressuring importers to […]
April 23, 2019

Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019

Alphabet Inc’s Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto […]
April 23, 2019

German prosecutors probe bonus payments to suspended VW manager

German prosecutors are investigating a possible breach of fiduciary duty by Volkswagen over bonus payments made to an executive who was suspended over the carmaker’s emissions […]
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