May 1, 2019

Apple buybacks weigh on drive towards $1 trillion value

Apple Inc shares rose more than 6 percent on Wednesday, pushing the iPhone maker’s market valuation back towards $1 trillion as its quarterly report and upbeat […]
May 1, 2019

UK PM May fires defense minister Williamson over Huawei leak

British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei. Powered by WPeMatico
May 1, 2019

GSK sees shingles vaccine sales rising, as free cash flow concerns weigh

GlaxoSmithKline forecast on Wednesday that 2019 sales of its shingles vaccine would be more than 1 billion pounds ($1.3 billion) but the British drugmaker’s shares slipped […]
May 1, 2019

Hulu achieves rapid growth, hits 26.8 million paid subscribers

Hulu on Wednesday said it has reached 26.8 million paid subscribers, a milestone that suggested rapid growth in the first four months of the year. Powered […]
May 1, 2019

U.S. economy appearing to slow; labor market strong

U.S. manufacturing activity slowed more than expected in April amid a sharp drop in orders and construction spending fell in March, suggesting a moderation in economic […]
May 1, 2019

GSK expects shingles drug sales to exceed $1.3 billion after ‘fantastic’ quarter

GlaxoSmithKline forecast 2019 sales of its fast-growing shingles vaccine Shingrix to be “significantly” more than 1 billion pounds ($1.31 billion) on Wednesday as a drop in […]
May 1, 2019

Apple lifts S&P 500 to new record high ahead of Fed decision

The S&P 500 index notched a fresh record high on Wednesday, as gains in Apple Inc’s shares after forecast-beating results powered a rally in technology stocks […]
May 1, 2019

U.S. firms hire 275,000 workers in April, most nine months: ADP

U.S. private employers added 275,000 jobs in April, well above economists’ expectations and the most since last July, supporting the view of a solid domestic labor […]
May 1, 2019

Toyota, Fiat Chrysler U.S. sales fall in April

Toyota Motor Corp on Wednesday reported a 4.4 percent fall in U.S. sales in April, hurt by slack demand for its sedans, including Corolla and Prius. […]
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