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Brexit could spur interest rate hikes after holding rates at 0.75%
The UK headline interest rate is maintained as expected at 0.75% by the Bank of England. The bank...
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Starbucks keen on getting its brew right during holidays
After enticing customers with its Halloween-themed frappuccino, Starbucks (SBUX) is all set to make the holiday season special...
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Higher costs drag Marathon Petroleum Q3 earnings; stock dips
Marathon Petroleum Corp. (MPC) reported a decline in third-quarter earnings hurt by higher operating costs, despite strong revenue...
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Allstate stock drops as Q3 profit misses estimates
The Allstate Corp. (ALL) reported a 31% jump in earnings for the third quarter helped by higher premiums...
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Express Scripts Q3 profit jumps 27%, meets estimates
Express Scripts Holding Co. (ESRX) reported a 27% jump in earnings for the third quarter helped by strong...
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Lime recalls electric scooters on fire and explosion fears
Electric-scooter maker Lime has recalled certain e-bikes due to a potential fire risk of its batteries. A manufacturing...
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AIG Q3 results miss estimates on catastrophe costs; net loss narrows
American International Group (AIG) Wednesday reported a net loss for the September quarter, contrary to expectations for positive...
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Qorvo stock ticks up after beating Q2 estimates
RF solutions provider Qorvo (QRVO) reported its second quarter 2019 financial results that beat consensus estimates. Non-GAAP EPS...
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Pepsi turns to nutrition as soda-based drinks lose their fizz
With more American dumping carbonated beverages and shifting to healthier alternatives, the cola giants are busy tweaking their...
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General Motors (GM) smashes past Q3 projections, shares up 10%
General Motors (GM) Wednesday reported third-quarter earnings of $1.87 per share, much higher than $1.26 per share projected...
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Skincare sales boost Estee Lauder’s Q1 results; stock jumps 7%
Shares of Estee Lauder Companies (EL) rose sharply in the pre-market Wednesday after the cosmetics manufacturer reported double-digit...
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Unfazed by SEC action, Elon Musk deletes his titles from Tesla website
While several of Elon Musk’s whacky statements stirred up controversies in the past, the one about ‘Tesla (TSLA)...