U.S. Markets News
Abbott earnings preview: Pharma, medical devices to drive Q4 results
Healthcare giant Abbott Laboratories (ABT) is expected to post upbeat results for the fourth quarter on Wednesday before the bell,…
Arconic says it’s no longer available for sale; stock nosedives
Arconic Inc (ARNC) announced that the Board has determined to no longer pursue a potential sale of the company as part…
China growth slump pulls down oil prices
On January 22, Tuesday, oil prices slipped more than 1% after signs of economic slowdown in China became evident. This…
Tesla might use battery from Chinese firm Lishen, indicates new report
With the trade-standoff between China and the United States of America tightening over time, a recent report by Reuters cites…
Earnings Preview: A bumpy ride ahead for Ford in 2019
Ford Motor Company (NYSE: F) is slated to report its fourth-quarter results on January 23 after the bell. The automaker…
Companies reporting earnings this week: Jan 22 – 25
A slew of major companies are reporting earnings this week. Healthcare giant Johnson & Johnson (JNJ) will announce fourth-quarter earnings…
Eli Lilly’s oncology push suffers a blow after sarcoma drug fails study
The ambitious cancer therapy program of Eli Lilly and Company (LLY) suffered a setback Friday after a formulation developed by…
Chinese tourist spending slump pulls down Tiffany holiday sales
US luxury jeweler Tiffany & Co (TIF) cut its yearly profit forecast on Jan. 18 on weaker holiday sales, after…
Walmart, CVS settle pharmacy pricing dispute; ink fresh partnership
In a deal that marks the reunion of two of the world’s largest store operators, Walmart (WMT) and CVS Health…