Gilead Profit Tops Expectations Despite Lower COVID Drug Sales, Outlook Raised
By Deena Beasley (Reuters) – Gilead Sciences Inc on Thursday posted a higher-than-expected third-quarter profit on the back of strong…
Apple Earnings Rise As Economic Gloom Hits Tech
By Dawn Chmielewski and Nivedita Balu (Reuters) – Apple Inc on Thursday reported revenue and profit that topped Wall Street…
Apple’s revenue and profit edge up despite slowing economy
Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other…
Amazon posts weaker-than-expected 3Q revenue, stock tumbles
NEW YORK (AP) — Amazon returned to profitability over the summer after two consecutive quarters of losses, but its stock…
Wall Street Mixed, European Shares End Nearly Flat; Sterling, Euro Fall
By Chris Prentice and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -U.S. stocks were mixed and European shares ended nearly flat on Thursday…
McKinsey Reaches Deal With U.S. Local Governments Over Opioids
By Brendan Pierson (Reuters) -Leading consulting firm McKinsey & Co has agreed to settle claims by hundreds of U.S. local…
Attorneys general say Albertsons should delay $4B dividend
A bipartisan group of attorneys general is asking Albertsons to delay a $4 billion payout to its shareholders until they…
Swedish Match Recommends Shareholders Accept Philip Morris’ Sweetened Offer
(Reuters) – Tobacco company Swedish Match AB on Thursday recommended that shareholders accept Marlboro maker Philip Morris International Inc’s raised…
Credit Suisse Seeks Billions From Investors In Make-or-break Shake-up
By Noele Illien, Oliver Hirt and John O’Donnell ZURICH (Reuters) – Credit Suisse plans to raise 4 billion Swiss francs…
Google Play In EU Antitrust Sights As Android Fine Appeal Pending
By Foo Yun Chee BRUSSELS (Reuters) – European anti-trust regulators are investigating Alphabet unit Google’s Google Play Store, the company…