Trulicity leads mixed third quarter for Lilly; shares sink
Eli Lilly and Co’s diabetes drug Trulicity helped power higher-than-expected third-quarter profit on Tuesday, while sales of some other newer treatments fell short of Wall Street estimates.
KKR, Allianz among four contenders for Altice Europe fiber sale: sources
Rival consortia led by U.S. buyout fund KKR and Germany’s insurer Allianz are among the four main contenders for a stake in the fiber network business of Dutch-based telecom company Altice , sources said.
U.S. agency probes 1.7 million GM SUVs for windshield wiper failures
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday it is investigating whether General Motors Co , the largest U.S. automaker, should recall an additional 1.7 million sport utility vehicles due to an issue with windshield w…
HSBC discloses customer accounts hacked at its U.S. bank
Hackers breached some HSBC customers’ accounts in the United States in October and accessed their information, the bank said in a regulatory filing on Tuesday.
Wall Street edges higher in thin trading ahead of election results
U.S. stocks rose on Tuesday, as strong earnings and easing of trade tensions lifted materials and industrial sectors, but trading volumes were light as uncertainty about the outcome of U.S. midterm elections kept investors on the sidelines.
Bitcoin volatility sinks to lowest in nearly two years
Bitcoin has experienced one of its worst annual price performances of its short 10-year-old life but also appears to have become more stable in the process.
Wells Fargo says internal error caused more home foreclosures than expected
Wells Fargo & Co said on Tuesday an internal underwriting error had caused it to reject home loan modifications, resulting in the bank foreclosing more homes than expected.
Thomson Reuters eyes ‘substantive’ purchases after Blackstone deal
Thomson Reuters Corp is looking to make “substantive” acquisitions to boost its legal and tax units after selling a majority stake in its financial terminal business, Chief Executive Jim Smith said on Tuesday.
CVS quarterly profit beats; expects to close Aetna deal this month
CVS Health Corp , which expects to close its $69 billion purchase of Aetna Inc this month, reported third-quarter profit that beat analysts’ estimates on higher sales of prescription drugs.
German prosecutors search Blackrock’s offices in dividend-stripping probe: source
German prosecutors searched the Munich offices of fund investor Blackrock on Tuesday as part of a probe into dividend stripping trades, a person with knowledge of the matter told Reuters, as the country’s largest post-war fraud investigation widened.
