Equity futures were pointing to a mixed open to trading following the monthly jobs report. Continue Reading Below U.S. employers added 304,000 jobs Opens a New Window. in January, soaring past Wall Street Opens a New Window. ’s expectations for an increase of 165,000 jobs Opens a New Window. , after investors braced […]
FOX Business News
Merck quarterly profit beats estimates on Keytruda strength
U.S. drugmaker Merck & Co Inc on Friday reported quarterly profit that edged past estimates, helped by strong demand for its blockbuster cancer treatment Keytruda. Continue Reading Below Sales of Keytruda, the most important drug in Merck’s portfolio, rose 66 percent to $2.15 billion in fourth quarter, compared with analysts’ […]
Honeywell profit beats; forecasts strong full-year earnings
article Honeywell International Inc on Friday reported a better-than-expected quarterly profit and forecast full-year earnings in a range that was largely above analysts’ estimates, as the company benefited from robust demand for aircraft parts. Continue Reading Below A rise in global travel has driven record orders for jets, leading to […]
US court blocks San Francisco health warning on soda ads
Coca-Cola CEO: We expect to increase prices around the world Coca-Cola CEO James Quincey on the economy, expanding the company’s line of beverages, the pricing outlook, the Super Bowl, marketing, launching bottles and cans themed to the Korean boy band BTS and the company’s ‘World Without Waste’ initiative. A U.S. […]
S&P 500 posts best January since ’87, Dow best since ’89
New year, new stock market… Continue Reading Below After a bruising December, the worst since 1931, investors got their groove back in January diving back into the U.S. stock market and ringing up January returns not seen in about thirty years. The S&P 500 jumped nearly 8 percent, the best […]
Amazon gets ‘record’ number of job applications after minimum wage hike
Amazon on Thursday said that it received a record number of job applications in the days after it announced plans to hike its hourly minimum wage to $15 for all of its workers. Continue Reading Below Ticker Security Last Change %Chg AMZN AMAZON.COM INC. 1,718.73 +48.30 +2.89% The e-commerce giant […]
Amazon’s forecast disappoints despite strong 4Q
Amazon shares bounced around in after-hours trading on Thursday after the e-commerce giant reported better-than-expected revenue and earnings in its crucial holiday quarter, but a lukewarm sales forecast tempered the market’s reaction. Continue Reading Below The company said its fourth-quarter revenue increased 20 percent to $72.4 billion, topping an expected […]
Oil prices extend rise this month on tighter supply signs
Oil prices rose for a third straight day on Thursday on tighter supply after U.S. sanctions on Venezuelan exports and lower-than-expected U.S. fuel stocks, extending a surge this month as a so-called OPEC+ production cut pact took effect. Continue Reading Below The Organization of the Petroleum Exporting Countries (OPEC), along […]
Elon Musk announces exit of Tesla CFO — for the second time
At the end of Tesla’s quarterly earnings call late Wednesday, CEO Elon Musk made a surprise announcement: After almost 11 years at the electric-car maker, Chief Financial Officer Deepak Ahuja is retiring. Continue Reading Below Tesla shares fell sharply in after-hours trading Wednesday and continued declining Thursday. Ticker Security Last […]
Stocks trade mixed after huge rally
Stocks traded mixed on Thursday, pulling back slightly after Wednesday’s earnings and Fed-fueled rally. Continue Reading Below Shares of Facebook and General Electric were higher after reporting results. MORE FROM FOXBUSINESS.COM General Electric reported a profit for the fourth quarter, bouncing back from a loss in the year-ago period. Revenue […]