China seen as the next big growth area for biotechs Biogen and Amgen
SunTrust initiated coverage on Biogen and Amgen on Tuesday, saying solid drug pipelines and growth opportunities in China will drive outperformance.
SunTrust initiated coverage on Biogen and Amgen on Tuesday, saying solid drug pipelines and growth opportunities in China will drive outperformance.
Tyson Foods Inc fell short of Wall Street estimates for quarterly sales and profit on Tuesday as a fire at one of its slaughterhouses hit volumes in its beef business, the company's biggest segment.
German prosecutors on Tuesday filed charges against a current Volkswagen manager as well as a former manager and two former board members, accusing them of a breach of fiduciary trust in connection with salary awards to works council members.
D.R. Horton Inc topped expectations for profit and revenue in the fourth quarter and forecast 2020 home sales above analysts' estimates, as cheaper mortgage rates buoyed demand from buyers, sending shares in the biggest U.S. homebuilder up 3%.
Osram urged shareholders to back a $5 billion takeover bid from Austria's AMS and said it would cut costs and not pay a dividend as it posted a loss for the fiscal year ending in September, hit by a downturn in the auto industry.
Disney is widely considered to be Netflix' biggest new competitor with the launch of Disney+.
Nissan Motor Co Ltd reported a 70% profit tumble on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker continued to grapple with falling sales and the aftermath of the ouster of former Chairman Carlos Ghosn.
The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia's young and untested Tadawul stock exchange.
Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it weather a U.S. trade blacklisting.
Nissan Motor Co Ltd reported a 70% profit drop on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker was hit by falling sales that highlight its ongoing turmoil after the ouster of former head Carlos Ghosn.
U.S. President Donald Trump on Tuesday renewed his criticism of European Union's trade policies, saying it has "terrible" barriers that are unfair to U.S. producers.
U.S. stock index futures fell on Monday as President Donald Trump's comments dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries.
Oil prices dipped on Monday after U.S. President Donald Trump appeared to play down reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.
Airbnb, Chobani, Western Union and a dozen other companies are urging the withdrawal of a Trump administration proposal to slow down the work permit approval process for asylum seekers.
Latin America, long a safe haven for Uber, was the biggest weak spot in the money-losing company’s latest financial results, registering just 2% growth, the worst of any region.