October 24, 2019

Chemicals maker Dow cuts costs as global slowdown bites

Dow Inc beat Wall Street estimates for profit in the third quarter as it cut costs to offset a sharp slowdown in demand for the chemicals […]
October 24, 2019

White House aide: Phase one U.S.-China trade deal targets intellectual property

An initial pact on U.S-China trade will include much of a scrapped May deal’s agreement regarding intellectual property and will target enforcement mechanisms, White House trade […]
October 24, 2019

Comcast beats profit estimates on internet subscriber additions

Media and communications company Comcast Corp beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it lost […]
October 24, 2019

Twitter revenue hit by weaker advertising, low demand; shares plunge

Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over […]
October 24, 2019

3M cuts profit forecast after sales miss on slowing Asia demand

3M Co fell short of Wall Street estimates for quarterly sales and cut its full-year profit forecast on Thursday, hit by slowing demand in key markets […]
October 24, 2019

Raytheon beats profit, raises full-year forecast on higher weapons demand

U.S. weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for weapons including […]
October 24, 2019

Nissan explores sale of European plants amid falling sales: Bloomberg

Nissan Motor Co Ltd is considering selling two of its European plants as the Japanese carmaker faces falling sales in the region and an industry shift […]
October 24, 2019

Daimler reports third-quarter operating profit rose 8%

Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit. Powered […]
October 24, 2019

Hyundai third-quarter profit misses estimates, dogged by quality woes

Hyundai Motor’s quarterly net profit widely missed analyst estimates, after the South Korean automaker booked additional charges to address potential engine defects in the United States […]
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