Mastercard profit rises 27 percent as it processes more payments
Mastercard Inc reported a 26.7 percent rise in quarterly profit on Tuesday, as a strong U.S. job market and a boom in online shopping boosted transaction volumes on the company’s payment network.
GE profit rises, cash outflow slows, shares jump 10 percent
General Electric Co said on Tuesday it generated more profit and lost less cash than expected in the first quarter, suggesting an improving outlook under its new leader and sending its shares up more than 10 percent in premarket trading.
GM first-quarter profit beats estimate, lifted by pickups, Lyft
General Motors Co on Tuesday reported a higher-than-expected quarterly profit, driven mostly by highly lucrative pickup truck sales in the U.S. market and lifted in part by revaluations of shares it holds in ride-hailing company Lyft Inc and Peugeot S…
Stock futures flat as investors parse latest round of earnings
U.S. stock index futures were muted on Tuesday, a day after the S&P 500 and Nasdaq set intraday records, with investors going through the latest batch of earnings and weak data from China.
Equities drop after China data; euro zone growth lifts single currency
European shares edged down on Tuesday after weak Chinese business surveys doused appetite for risk, while the single currency climbed after euro zone growth beat expectations.
Merck’s first-quarter profit beats on Keytruda boost
Merck & Co Inc reported a higher-than-expected first-quarter profit on Tuesday and raised its earnings and sales forecasts for the year, thanks to surging sales of its blockbuster cancer immunotherapy Keytruda.
SAS cancels more Scandinavian flights as pilots strike for fifth day
Scandinavian airline SAS canceled more than 500 flights scheduled for Wednesday, which will ground some 47,000 passengers, as a strike by pilots entered a fifth day with no sign of talks between management and unions.
Cable operator Charter edges past quarterly revenue estimates
Cable operator Charter Communications Inc edged past analysts’ estimates for first-quarter revenue on Tuesday, as the company attracted more customers for its internet services, offsetting a drop in video subscribers.
Pfizer posts earnings beat, raises 2019 profit forecast
Pfizer Inc on Tuesday beat Wall Street estimates for quarterly profit and slightly raised its earnings forecast for the year, as the largest U.S. drugmaker reined in costs and recorded higher sales of cancer drug Ibrance and pneumonia vaccine Prevnar.
Iran says it will keep exporting oil despite U.S. pressure
Iran will continue to export oil despite U.S. pressure aimed at reducing the country’s crude shipments to zero, Iranian President Hassan Rouhani said on Tuesday.
