July 25, 2018

Facebook disappoints on revenue, active users; shares fall 9 percent

Facebook Inc fell short of analysts’ estimates for monthly active users on Wednesday and reported lower-than-expected quarterly revenue, months after the social network became embroiled in […]
July 25, 2018

Facebook’s disappointing report hits rest of FANG

FANG stocks taking a hit in after hours trade on Wednesday after Facebook’s Q2 report badly disappointed investors Powered by WPeMatico
July 25, 2018

U.S.-EU trade deal pushes stock rally to fourth day

Global stocks extended their rally into a fourth consecutive day on Wednesday after U.S. President Donald Trump and the European Union reached an agreement that investors […]
July 25, 2018

Cadbury maker Mondelez’s quarterly profit beats estimates

Mondelez International Inc on Wednesday reported a better-than-expected quarterly profit, helped by cost cuts, sending its shares up 4 percent in extended trading. Powered by WPeMatico
July 25, 2018

Mattel misses second-quarter sales estimates, announces job cuts

Mattel Inc’s quarterly sales missed analysts’ estimates on Wednesday, weighed down by the liquidation of key customer Toys ‘R’ Us and the absence of a big […]
July 25, 2018

Visa tops profit estimates on higher consumer spending

Visa Inc , the world’s largest payments network, topped analysts’ estimates for third-quarter profit on Wednesday, as an expanding U.S. economy encouraged more people to spend […]
July 25, 2018

Ford cuts 2018 profit forecast; tariffs, China sales hurt second quarter

Ford Motor Co on Wednesday lowered its full-year earnings forecast due to slumping sales and trade tariffs in China and its struggling business in Europe, and […]
July 25, 2018

EU offers trade concessions in talks with Trump: Wall Street Journal

U.S. President Donald Trump has secured concessions from the European Union to avoid a trade war, the Wall Street Journal reported on Wednesday, citing an EU […]
July 25, 2018

U.S. car tariffs seen as focus as Trump meets EU’s Juncker

The European Union’s chief executive was set to confront U.S. President Donald Trump on Wednesday over Trump’s efforts to impose car tariffs, with the high stakes […]
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