Threading the needle: Boeing’s cost challenge for new mid-sized jet
Boeing Co played for time on its proposed new mid-sized jet at the Farnborough Airshow last week, announcing it would decide next year whether to launch its first all-new plane in a decade and giving itself 9-12 months to hone its business case.
AT&T subscriber growth beats estimates
AT&T Inc added a net 46,000 postpaid mobile phone subscribers in the second quarter, beating Wall Street estimates as the No. 2 U.S. wireless carrier ground out some growth in a saturated market.
World stocks hit one-month high on U.S. earnings, China support
Stocks on major world markets hit their highest in more than a month on Tuesday, on good earnings reports from U.S. companies and after China promised fiscal action to support the world’s second-largest economy.
Lululemon names Calvin McDonald as new CEO
Canadian apparel maker Lululemon Athletica Inc on Tuesday named Calvin McDonald as its new chief executive officer, replacing Laurent Potdevin.
S&P reaches highest level since February as Alphabet shares soar
The S&P 500 on Tuesday closed at its highest level since Feb. 1 as Alphabet’s blowout results bolstered expectations of a robust earnings season.
Texas Instruments third-quarter profit forecast beats estimates
Texas Instruments Inc , whose CEO Brian Crutcher resigned a week ago, forecast better-than-expected revenue and profit for the third quarter as it benefits from higher sales of semiconductors used in cars and industrial machinery.
Citron’s Left reiterates belief AbbVie shares will fall sharply
Short-seller Andrew Left’s Citron Research expanded on his prediction that U.S. drugmaker AbbVie Inc’s stock would fall to $60 a share, arguing that new regulations to speed biosimilar drugs to the market and reform rebates will hurt revenue from the …
Scooter companies ride high on hope and hype
Segway-Ninebot Group, a Beijing-based manufacturer of electric scooters, rolled into Los Angeles this week hoping to bolster its position as the main supplier for a new wave of well-funded scooter-rental startups and offer a peek at new battery-powered…
S&P, Dow rise as Alphabet results boost earnings optimism
The S&P 500 and Dow Industrials rose on Tuesday as Alphabet’s blowout results bolstered expectations of a robust earnings season, though a decline in the Nasdaq pointed to lingering concerns over trade tensions.
Ivanka Trump shuts fashion line, to focus on White House role
U.S. President Donald Trump’s oldest daughter, Ivanka Trump, said on Tuesday she is closing her fashion line to focus her energies on advising her father’s White House.
