Blue Apron beefs up menus with Beyond Meat burgers, shares rise
Blue Apron Holdings Inc said on Tuesday it would include Beyond Meat Inc’s plant-based burgers on its menus from next month, a bet on the growing popularity of meat alternatives that sent the meal kit delivery firm’s shares up 11%.
Factbox: Airlines count the cost of Boeing 737 MAX grounding
Some international airlines have reported tentative schedules for when they expect their Boeing 737 MAX up in the air again. More than 300 Boeing 737 MAX 8 and MAX 9 passenger planes were taken out of service after two fatal crashes in Indonesia and Et…
Wells Fargo profit beats estimates on cost controls, rise in loans
Wells Fargo & Co beat analysts’ estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting.
Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook
Johnson & Johnson raised its full-year sales forecast as demand for its cancer drugs Darzalex and Imbruvica helped it exceed estimates for second-quarter profit on Tuesday.
JPMorgan profit beats estimates on lending strength; net interest margin dips
JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks.
Ryanair says passenger total for current year may miss target
Ryanair expects to fly between 151 million and 153 million passengers in the year to March 31, 2020, Chief Executive Michael O’Leary said on Tuesday, down from an earlier forecast of 153 million passengers.
Oil steadies as U.S. supply concerns ease but Iran tensions loom
Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East.
Goldman Sachs profit beats expectations on equity trading, lending
Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy clients and companies.
Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%
Domino’s Pizza Inc on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delivery companies, sending its shares down about 6% befor…
Stock futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed
U.S. stock futures were trading flat on Tuesday as investors parsed through the earnings report from JPMorgan Chase and awaited results from Wall Street banks such as Goldman Sachs and Wells Fargo.
