Twitter gains more users, Trump renews attack on social media
Twitter Inc on Tuesday posted better-than-expected quarterly revenue and a surprise increase in monthly active users, showing its efforts to police spam accounts and abusive posts were helping lure more users and advertising dollars.
Harley-Davidson profit tops estimates as Trump weighs in
Harley-Davidson Inc surged past expectations for first-quarter profit on Tuesday and drew a change of tack from U.S. President Donald Trump, who vowed to protect the motorcycle maker from European tariffs, driving its shares up 3 percent.
Verizon raises full-year profit forecast, misses subscriber estimates
Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the largest U.S. wireless carrier lost more phone subscribers than expected.
P&G beats profit, sales estimates with price hikes
Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co’s exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar.
UTC expects 737 MAX goundings to impact earnings by up to 10 cents per share in 2019
United Technologies Corp said on Wednesday said it expects an impact of up to 10 cents per share in 2019 from the groundings of Boeing Co’s 737 MAX aircraft.
Oil hits highest since November as U.S. tightens Iran sanctions
Oil prices hit their highest since November on Tuesday after Washington announced the end of all waivers on imports of sanctions-hit Iranian crude, pressuring importers to stop buying from Tehran.
Airbus management shake-up spreads to space unit
A management shake-up at Europe’s Airbus accelerated on Tuesday as Nicolas Chamussy was replaced as the head of Space Systems.
Sodas, waters drive Coca-Cola sales beat
Coca-Cola Co’s quarterly sales and profit beat Wall Street estimates on Tuesday, as it sold more of its water and soft drinks including its signature soda and Coke Zero, sending its shares up about 4 percent before the bell.
BlackRock will not back Bayer management in AGM vote: sources
Fund manager BlackRock will not support Bayer’s management in a key vote at its annual general meeting (AGM) on Friday, two people familiar with the situation told Reuters.
U.S. expands air bag probe to 12.3 million vehicles
The U.S. National Highway Traffic Safety Administration said Tuesday it is expanding a probe into potentially defective air bags to 12.3 million vehicles.