Wall Street fell from record highs on Thursday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central Bank chief Mario Draghi's comments disappointed investors hoping for a more dovish stance on monetary policy.
Mattel Inc reported a surprise rise in quarterly revenue on Thursday, as the success of the latest "Toy Story" movie boosted demand for its action figures and a makeover of Barbie lifted sales of the iconic dolls, sending its shares up 5%.
Starbucks Corp third-quarter sales at established stores surpassed estimates, getting a jolt from its two biggest markets, the United States and China, and sending its shares up nearly 6% after the bell on Thursday.
Invisalign shipments disappointed, "primarily due to a softness in China related to a tougher consumer environment," CEO Joe Hogan says.
Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth.
Starbucks Corp raised its annual earnings forecast after quarterly same-store sales exceeded Wall Street estimates on Thursday, as the world's largest coffee chain saw robust demand in the United States and China for its new beverages.
The U.S. Justice Department is negotiating with state officials to get them to support a planned settlement that would allow T-Mobile US Inc and Sprint Corp to merge by selling assets to Dish Network Corp , the Wall Street Journal reported, citing people familiar with the matter.
The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, officials said on Thursday, with farmers in the South poised to see higher rates than in the Midwest.
Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and China, leading the coffee chain to raise its fiscal 2019 profit forecast.
Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google advertising business.
Mattel Inc saw a big boost in demand for its action figures after the worldwide success of the latest "Toy Story" movie while a Barbie makeover lifted sales of the iconic doll, helping it report a surprise rise in quarterly revenue.
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to Huawei Technologies Co Ltd.
The South African unit of cigarette maker Philip Morris International Inc opened its first flagship store in Johannesburg on Thursday, as it tries to grow demand in Africa for its alternative heated tobacco product IQOS.
Eight state attorneys general met with U.S. Attorney General William Barr on Thursday to discuss the effect of big tech companies on competition, and various antitrust actions are being reviewed, the Texas attorney general's office said in a statement.
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China's Huawei Technologies Co Ltd.