Bombardier shares sink 15% after forecasts cut for profit, revenue
Canada’s Bombardier Inc cut its full-year profit and revenue forecasts on Thursday due to delivery delays and production challenges at some projects of its key railcar-making unit, and shares sank 25 percent in early trading before paring some of those…
World stocks slip as growth fears linger; euro slides
The dollar rose to almost a two-year high against the euro on Thursday on an upbeat U.S. capital goods report, while world equities slid as weak economic data from South Korea and a profit warning from 3M Co renewed concerns about global growth.
RBS begins global hunt for CEO to replace McEwan
Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership after a state bailout.
Comcast in talks to sell its stake in Hulu to Disney: CNBC
Comcast Corp is in talks to sell its stake in Hulu to Walt Disney Co, CNBC reported on Thursday, citing people familiar with the matter.
Commerzbank investor pins hopes on new deal as Deutsche Bank talks collapse
The collapse of merger talks between Commerzbank and Deutsche Bank is good news, a top Commerzbank shareholder said on Thursday, betting that the bank will seek an alternative deal with another European rival.
Comcast beats Wall Street profit estimates, explores NBC-Sky news network
Comcast Corp reported first-quarter profit on Thursday that beat Wall Street estimates, boosted by additions of high-speed internet customers in a quarter that painted a mixed picture for the biggest U.S. cable provider.
Microsoft market cap touches $1 trillion, pulls above Apple
Microsoft Corp’s market value vaulted above the $1 trillion mark for the first time in regular session trade on Thursday, pulling ahead of Apple Inc and making it the most valuable U.S. publicly traded company after quarterly earnings and revenue beat …
In bail reprise, Ghosn leaves Tokyo jail, agrees to limit contact with wife
Former Nissan Chairman Carlos Ghosn walked out of a Japanese jail for a second time late on Thursday, freed on $4.5 million bail after agreeing to curbs on contacting his wife as he awaits trial on financial misconduct charges.
UPS profit miss raises stakes for 2019 holiday season; shares sink 7%
United Parcel Service Inc on Thursday blamed harsh winter weather in the United States as it reported lower-than-expected first-quarter profit, sending shares down more than 7% percent in early trading.
New capital for Tesla will come at a cost
A capital raise for Tesla Inc will not come cheap and Chief Executive Officer Elon Musk must finally prove to investors that he can produce and deliver Model 3s and higher margin electric cars on time, Wall Street analysts said on Thursday.
