Visa tops profit estimates on higher consumer spending
Visa Inc , the world’s largest payments network, topped analysts’ estimates for third-quarter profit on Wednesday, as an expanding U.S. economy encouraged more people to spend using their credit and debit cards.
EU offers trade concessions in talks with Trump: Wall Street Journal
U.S. President Donald Trump has secured concessions from the European Union to avoid a trade war, the Wall Street Journal reported on Wednesday, citing an EU official who was in the room during talks between Trump and the EU’s Jean-Claude Juncker.
Ford profit falls by almost half, misses Wall St. estimates
Ford Motor Co on Wednesday posted a second-quarter net profit that was down by almost half from the prior-year period, missing analyst expectations, due to a fire at a parts supplier that disrupted production of its popular pickup trucks, while fallin…
Qualcomm says it will drop NXP bid, barring last-second reprieve
Qualcomm Inc , the world’s biggest maker of chips for mobile phones, on Wednesday said it intends to drop its bid to buy Dutch chipmaker NXP Semiconductors after so far failing to secure approval from China against the backdrop of wider Sino-U.S. trad…
Mattel misses quarterly sales estimates, announces job cuts
Mattel Inc’s quarterly sales missed Wall Street estimates on Wednesday, weighed down by the liquidation of key customer Toys ‘R’ Us and the absence of a big movie tie-in in the quarter.
Facebook misses estimates on monthly active users
Facebook Inc fell short of analysts’ estimates for monthly active users on Wednesday, months after the social network became embroiled in a data scandal that affected millions of its users.
Qualcomm reports 4 percent rise in quarterly revenue
Qualcomm Inc reported a 4.2 percent rise in quarterly revenue on Wednesday, helped by demand for its latest Snapdragon chipset from smart phone customers including Samsung Electronics Co Ltd and Xiaomi Corp .
Trump secures concessions from EU to avoid trade war: Wall Street Journal
U.S. President Donald Trump has secured concessions from the European Union to avoid a trade war, the Wall Street Journal reported on Wednesday, citing an EU official who was in the room during talks between Trump and the EU’s Jean-Claude Juncker.
Wall St. rallies on reports of EU trade concessions
Wall Street’s major indexes rose on Wednesday as technology stocks soared and reports indicated that U.S. President Donald Trump had secured concessions from the European Union on trade.
Trump, Juncker expected to speak at White House following trade meeting: officials
U.S. President Donald Trump and the European Union’s chief executive, Jean-Claude Juncker, were expected to make statements at a joint event on Wednesday following a meeting on trade, White House officials said.
