‘Toy Story 4’ delivers surprise revenue rise for Mattel
Mattel Inc reported a surprise rise in quarterly revenue on Thursday, as the success of the latest “Toy Story” movie boosted demand for its action figures and a makeover of Barbie lifted sales of the iconic dolls, sending its shares up 5%.
As Boeing targets October, FAA official says no timeline for 737 MAX
The U.S. Federal Aviation Administration distanced itself on Thursday from suggestions by Boeing that its grounded 737 MAX could resume flying passengers in October, saying regulators do not have a timeline for vetting safety upgrades.
U.S. to pay farmers $15-$150 per acre from August, part of $16-billion trade aid
The U.S. government will pay American farmers between $15 to $150 per acre starting from mid- to late-August, Department of Agriculture officials said on Thursday, as part of its $16-billion aid package to compensate those hurt by the trade war with Ch…
Wall Street recedes from record high following weak results, Draghi
Wall Street fell from record highs on Thursday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central Bank chief Mario Draghi’s comments disappointed investors hoping for a more dovish stance on …
Oil climbs on Iran tensions, U.S. inventory decline
Oil prices edged higher on Thursday supported by rising tensions between the West and Iran and a big decline in U.S. crude stockpiles, but gains were capped due to lingering worries about slowing economic growth that could reduce fuel demand.
Boeing 737 MAX groundings plague U.S. airlines, ‘frustrated’ Southwest exits Newark
Boeing Co’s top two U.S. customers warned on Thursday of an increasing financial toll from the prolonged grounding of the 737 MAX jet, which prompted a “frustated” Southwest Airlines Co to announce it was ending operations at Newark Liberty Internati…
Equities drop, bond yields rise on ECB statement, mixed earnings
U.S. stocks backed off record highs and bond yields rose following mixed earnings and rosier-than-expected economic sentiment from the European Central Bank’s governor.
Wall St declines on weak earnings reports, ECB statement
U.S. stocks slid on Thursday after a handful of downbeat earnings pointed to a slowing global economy and as European Central Bank chief Mario Draghi’s comments disappointed investors who were hoping for a more dovish stance.
Eliquis, Orencia sales propel Bristol-Myers to strong second quarter
Bristol-Myers Squibb Co , which is set to buy biotechnology company Celgene Corp for $74 billion, posted better-than-expected second-quarter profit on Thursday on strong sales of blood thinner Eliquis and rheumatoid arthritis treatment Orencia.
Five things to look for in Twitter’s results
Twitter Inc will have a chance to detail its plans to grow users and ad dollars on Friday when it releases its second-quarter earnings before the market opens.
