Shopify posts strong revenue growth, adjusted profit
TORONTO (Reuters) – Shopify Inc posted a 72 percent increase in third-quarter revenue as the fast-growing Canadian retail software company reported an adjusted profit for the first time as a public company and increased its fourth quarter forecasts.
Mastercard’s profit rises on higher consumer spending
(Reuters) – Mastercard Inc posted a quarterly profit on Tuesday that was higher than Wall Street’s expectations, fueled by increased consumer spending globally and maintaining market share over other payment channels.
Pfizer beats profit estimates, raises 2017 earnings forecast
(Reuters) – Pfizer Inc’s quarterly profit beat market estimates, partly helped by higher-than-expected sales of its blockbuster pneumonia vaccine Prevnar, and the company also raised its full-year earnings forecast.
World stocks head for record 12th month of gains
LONDON (Reuters) – World stocks headed for a record twelfth month of gains on Tuesday, as a 5 1/2-month high in European stocks and records elsewhere underscored one of the most robust bull markets on record.
Pfizer’s quarterly profit beats estimates
(Reuters) – Pfizer Inc reported a bigger-than-expected quarterly profit, benefiting from strong demand for its newer drugs.
Futures higher with earnings, Fed in focus
(Reuters) – U.S. stock index futures were slightly higher on Tuesday following a fresh set of earnings reports, while investors waited for an announcement on the new Federal Reserve head.
Clariant CEO calls independent review ‘premature’ amid shareholder row
ZURICH (Reuters) – Clariant Chief Executive Hariolf Kottmann said it would be “premature” to do an outside strategy review, a key demand of activist shareholders who derailed the Swiss chemical maker’s planned $20 billion merger with U.S.-based Huntsm…
Under Armour profit hit by restructuring charge
(Reuters) – Under Armour Inc’s third-quarter profit more than halved from a year ago, hit by an $85 million restructuring charge.
Exclusive: Swiss prosecutors seek widening of secrecy law to bankers abroad
ZURICH/LONDON (Reuters) – Swiss prosecutors are seeking a court ruling that would make it easier to convict whistleblowers for breaking the country’s bank secrecy law wherever they are in the world, legal documents show.
European stocks at five-and-a-half-month high ahead of growth data
LONDON (Reuters) – European shares were at a 5 1/2-month high and Italian bonds were set for their best month in over two years on Thursday, before the release of data expected to underscore the robust improvement in the euro zone’s economy.
