Thomson Reuters operating profit tops Wall Street estimates
Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.
Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.
U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer treatment Opdivo slowed.
SNC-Lavalin Group Inc said on Thursday it named interim head Ian Edwards as its chief executive officer.
The tech giant just reported stronger-than-expected earnings for the fourth quarter, but its stock is up only slightly.
Altria Inc took a $4.5 billion hit from its investment in electronic-cigarette maker Juul Labs Inc on Thursday as it faced up to the financial fallout of a regulatory crackdown on the vaping industry this year.
Denmark's decision to approve the Nord Stream 2 gas pipeline, designed by Moscow to bypass Ukraine, strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday.
Investment bank Lazard reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity, though the decline was smaller than analysts had estimated as its financial advisory business stabilized.
Investment bank Lazard has axed about 200 employees after a review of its business, Chief Financial Officer Evan Russo said on Thursday.
Fiat Chrysler on Thursday posted higher than expected operating earnings for the third quarter, lifted by its North-American business, as the carmaker heads to a merger with French rival PSA .
"Huge AirPod growth" helped drive Apple's earnings, Bernstein's Toni Soccanogahi said.
U.S. labor costs increased in the third quarter as a tightening labor market lifted wages across the board.
U.S. consumer spending rose marginally in September while wages were unchanged, which could cast doubts on consumers' ability to continue driving the economy amid a deepening slump in business investment.
The number of Americans filing applications for unemployment benefits rose slightly more than expected last week, but the trend in claims remained consistent with strong labor market conditions.
Goldman Sachs upgraded shares of Lyft to a buy rating following the company's third quarter earnings results.
World stocks edged to their highest in over 20 months on Thursday after the Federal Reserve cut rates even as it signaled it would hold back from further reductions, sending bond yields and the dollar down.