Trade tariffs seen hurting Harley-Davidson’s earnings
Harley-Davidson Inc will give investors on Tuesday a fresh look at the impact of trade conflicts and a strong dollar on its profits, and analysts are bracing for bad news and more cost-cutting.
S&P 500 index rises as climbing yields boost financial sector stocks
The benchmark U.S. S&P 500 index and the Nasdaq index rose on Monday as a jump in 10-year bond yields boosted financial sector stocks and investors anticipated continued strength in corporate earnings and U.S. economic growth.
Alphabet trounces profit estimates, shares rise
Google parent Alphabet Inc on Monday reported that its profit margin rose in the second quarter, delivering investors a long-awaited sign that expenses are coming into check.
Halliburton shares plunge on Permian growth worries
Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin and lower third-quarter earnings.
Nike to raise wages for thousands of employees
Nike Inc said on Monday it would raise wages for about 7,500 employees following a global pay review, two months after the sportswear maker concluded a probe into workplace behavior that resulted in the departure of a number of top executives.
Tesla says supplier discount request was for ongoing projects
Tesla said on Monday that it had asked a small number of suppliers to cut prices on ongoing, long-term projects to improve its future cash flow, after a media report about a discount request sent shares of Tesla down as much as 6.6 percent.
Halliburton sees moderate Permian growth on pipeline worries
Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin and lower third-quarter earnings.
Veolia says Laruelle to become CFO, Brachlianoff COO
French water and waste group Veolia said in a statement executive committee member Claude Laruelle had been appointed new chief financial officer while Veolia UK chief Estelle Brachlianoff will be appointed chief operating officer.
Bond yields rise worldwide on stimulus concerns; earnings loom
Fear that U.S. and Japanese policymakers will scale back economic stimulus sent quivers through debt markets on Monday, while U.S. stocks gained ahead of major company earnings reports.
Wall Street rises as financials gain, tech rebounds
U.S. stocks rose on Monday as a jump in 10-year bond yields to a month’s high boosted financials and technology stocks rebounded, with investors waiting for earnings from marquee corporations to assess the impact of an escalating U.S.-China trade row.
