Equifax profit falls as hacking costs take toll
(Reuters) – Equifax Inc on Thursday reported lower quarterly profit, and quarterly revenue missed estimates, as the credit bureau warned that its massive data breach had prompted some customers to hold back business.
News Corp posts first-quarter profit on lower expenses
(Reuters) – Wall Street Journal owner News Corp reported a quarterly profit on Thursday, compared with a year-ago loss, driven by a tight control on expenses amid a decline in print advertising sales.
Disney shares drop on disappointing results in all businesses
(Reuters) – Walt Disney Co on Thursday reported earnings that missed Wall Street targets as profit fell at its media networks unit, the movie studio and its consumer products division, sending shares down 3 percent.
GM schedules investor event to discuss ‘an autonomous future’
DETROIT (Reuters) – General Motors Co on Thursday said it will outline “our vision for an autonomous future” in a webcast for investors on Nov. 30, the latest signal from the largest U.S. automaker that it intends to expand its efforts to put self-driv…
Chipmaker Nvidia tops estimates on gaming, data center gains
(Reuters) – Nvidia Corp reported a better-than-expected quarterly profit, driven by strong demand for its graphics chips used in personal computers and devices for gaming, and in data centers.
Equifax quarterly earnings down on data breach
(Reuters) – Equifax Inc on Thursday reported a lower third-quarter profit as costs from the credit reporting bureau’s recently disclosed data breach that exposed deeply sensitive information on 145.5 million people began to mount.
AT&T armed for fight with U.S. on Time Warner deal: CEO
WASHINGTON/NEW YORK (Reuters) – AT&T Inc will not sell cable network CNN to win antitrust approval of its proposed $85.4 billion purchase of media company Time Warner Inc and will fight the government in court if the two sides cannot reach an agreement, the wireless company’s chief executive said on Thursday.
Tech tugs Wall Street lower, investors fret about tax cut delays
(Reuters) – Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues as investors turned their attention to a U.S. Senate Republican plan that would delay corporate tax cuts that investors want very much.
Uber boss says U.S. market unprofitable amid tough competition from Lyft
SAN FRANCISCO (Reuters) – Uber Technologies Inc will continue to lose money in its home market for at least the next six months as rival Lyft Inc poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday in his first publ…
Tech pulls Wall Street lower, investors fret about tax cut delays
(Reuters) – Wall Street dropped on Thursday, weighed down by losses in Apple Inc and other technology stocks as investors turned their attention to a U.S. Senate Republican plan that would delay corporate tax cuts that investors want very much.
