Raytheon beats estimates with higher second-quarter earnings, revenues
WASHINGTON (Reuters) – Raytheon Co posted higher-than-expected earnings and revenues for the second quarter, aided by strong international bookings and the favorable impact of a tax settlement, and the U.S. weapons maker lifted its revenue target for t…
Bristol beats forecasts, raises profit view, shares jump
(Reuters) – Bristol-Myers Squibb Co on Thursday reported far better than expected quarterly results thanks largely to delayed reimbursement for two hepatitis C treatments in France and demand for other leading company medicines.
EU charges Sky, U.S. studios with limiting pay-TV access
BRUSSELS (Reuters) – The European Commission charged Sky UK and six major U.S. film studios on Thursday with illegally limiting access across the European Union to movies shown on pay-TV channels.
Bank of America replaces CFO in management shake-up
(Reuters) – Bank of America Corp said on Wednesday it would replace its chief financial officer and some other top executives in a management shakeup, four months after the bank barely scraped by in a U.S. Federal Reserve stress test.
Anthem set to announce deal for Cigna this week: sources
(Reuters) – U.S. health insurer Anthem Inc is close to finalizing negotiations to acquire peer Cigna Inc and could announce a roughly $48 billion deal as early as this week, two people familiar with the matter said on Wednesday.
Europe buoyed by results, data dents Asia
LONDON (Reuters) – A raft of forecast-beating corporate results kept European equities afloat on Thursday, shrugging off declines in Asia on the back of mixed regional data.
Monsanto renews efforts to woo Syngenta after Swiss firms’s results
BASEL (Reuters) – U.S. seed company Monsanto on Thursday renewed its efforts to woo Syngenta AG after the Swiss agrochemicals maker reported better-than-expected second-quarter results.
Tsinghua Holdings chief says still in Micron talks, hopeful on deal
TAIPEI (Reuters) – China’s Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company’s chairman told Reuters on Thursday.
Wal-Mart buys out China e-commerce firm Yihaodian in online push
SHANGHAI (Reuters) – Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.
Investors rethink stock valuations as China, growth weigh on prospects
NEW YORK (Reuters) – Apple Inc’s disappointing earnings matter to more than just the investors who hold its shares.
