Oct 17 (Reuters) – U.S. motorcycle maker Harley-Davidson Inc (HOG) reported a better-than-expected quarterly profit on Tuesday and maintained its full-year shipments forecast, despite prolonged weak demand in its home market. Continue Reading Below Harley’s U.S. retail motorcycle sales, or sales by dealers to customers, fell 8.1 percent in the third […]
FOX News
Johnson & Johnson tops Street 3Q forecasts, hikes forecast
NEW BRUNSWICK, N.J. – Higher spending across the board drove Johnson & Johnson’s third-quarter profit down 12 percent, despite a big jump in sales fueled by recent acquisitions, hot new cancer drugs and strong sales of other key medicines. Continue Reading Below However, the health care giant easily topped Wall […]
Israel Aerospace Industries, Hankuk Carbon, to make drones
JERUSALEM – Israel Aerospace Industries says it has formed a joint venture with Korean company Hankuk Carbon to make unmanned aircraft together. Continue Reading Below It says the new company, called Korea Aviation Technologies, will develop drones with vertical takeoff and landing capabilities. Its products will be aimed at both […]
J&J reports 11.9 pct fall in quarterly profit
Oct 17 (Reuters) – Johnson & Johnson, which completed its $30 billion acquisition of Swiss biotech Actelion in June, reported a 11.9 percent fall in quarterly profit as costs rose. Continue Reading Below The company’s net earnings fell to $3.76 billion, or $1.37 per share, in the third quarter from […]
UnitedHealth beats 3Q earnings forecast, hikes 2017 guidance
UnitedHealth Groups’ third-quarter earnings soared 26 percent to beat Wall Street expectations as its growing Optum business segment once again helped the nation’s largest health insurer. Continue Reading Below The Minnetonka, Minnesota, company earned nearly $2.49 billion as revenue grew 9 percent to $50.32 billion. Adjusted earnings totaled $2.66 per […]
Volvo’s electric car brand Polestar unveils first model
BEIJING – Volvo Cars’ performance electric car brand, Polestar, unveiled its first model Tuesday, adding to competition in a market dominated until now by Tesla. Continue Reading Below The hybrid Polestar 1, a four-seat coupe with a lightweight carbon-fiber body, promises a range of 150 kilometers (95 miles) on a […]
NFL to tackle protests as Trump decries ‘disrespectful’ players
The National Football League will tackle criticism from President Donald Trump over players who protest racial discrimination by kneeling during the U.S. national anthem when league officials gather with team owners in New York for their autumn meeting this week. Continue Reading Below Trump has continued to rail at the […]
Oil minister says Trump should let US oil firms into Iran
TEHRAN, Iran – Iran’s oil minister says President Donald Trump should allow American oil firms to do business in the Islamic Republic. Continue Reading Below Bijan Zanganeh’s comments on Tuesday come as Americans and U.S. companies are still barred from directly doing business with Iran. That’s even with the 2015 […]
UK inflation rises to 3 percent in year to September, a full percentage point above the Bank of England’s target
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Risk premium returns to oil over Iraq fighting, rising US-Iran tensions
Oil prices steadied on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran. Continue Reading Below After months of rangebound trading during which OPEC-led supply cuts supported crude values but rising […]