(Reuters) – Facebook’s 9.2 percent jump after blockbuster results and gains in chipmakers powered technology stocks on Thursday, with easing U.S. bond yields helping the sentiment on Wall Street.
ConocoPhillips (COP.N), the world’s largest independent oil and natural gas exploration and production company, posted a bigger-than-expected quarterly profit on Thursday, helped by rising crude prices (CLc1) and cost cuts. Results at Conoco, like many of its peers, have steadily improved in recent quarters alongside commodity prices and as better technology makes operations more efficient. Also, Conoco’s stock has risen as the company has prioritized cost cuts and asset sales over production increases. …read more […]
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods fell in March, weighed down by the biggest decline in demand for machinery in nearly two years, and a drop in shipments cemented expectations that business spending on equipment slowed in the first quarter.
BRUSSELS (Reuters) – EU lawmakers and member states on Thursday struck a deal that will allow countries to force online streaming services including Netflix and Amazon’s video service to help fund the production of European films and TV shows.
SHANGHAI–Zoetis Inc. (NYSE: ZTS) today celebrated the start of construction on a combined global manufacturing and supply and research and development center in Suzhou, China, with a traditional groundbreaking ceremony. The new facility will focus […]
(Reuters) – The New York Times Co on Thursday named Roland Caputo as its next chief financial officer, tapping a company veteran to succeed James Follo whose retirement was announced in October.
DALLAS (AP) — Southwest Airlines says bookings are down since the fatal accident on one of its planes last week. …read more […]
President Donald Trump’s pick to lead Veterans Affairs, Ronny Jackson, withdrew Thursday in the wake of late-surfacing allegations about overprescribing drugs and poor leadership while serving as a top … …read more […]
(Reuters) – Wall Street stocks rose on Thursday, as strong earnings from Facebook and a handful of chipmakers powered technology stocks, and U.S. bond yields pulled back.
NEW YORK (Reuters) – United Parcel Service Inc reported higher first-quarter net profit on Thursday, driven by strong package volumes in its core U.S. segment, but higher costs from Saturday delivery and nasty winter weather weighed on the bottom line.
HOUSTON (Reuters) – ConocoPhillips , the world’s largest independent oil and natural gas exploration and production company, posted a bigger-than-expected quarterly profit on Thursday, helped by rising crude prices and cost cuts.
(Reuters) – Shares of Facebook Inc rose as much as 8.5 percent on Thursday morning after another blockbuster set of quarterly results calmed stock investors’ nerves about the fallout of the Cambridge Analytica privacy scandal.
(Reuters) – Wall Street stocks opened higher on Thursday as U.S. bond yields pulled back from the 3 percent level, and a 9 percent jump in Facebook’s shares after strong results helped the Nasdaq rise more than 1 percent.
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods unexpectedly fell in March, weighed down by the biggest drop in demand for machinery in nearly two years, and a decline in shipments suggested business spending on equipment slowed in the first quarter.
(Reuters) – Wall Street was set for a positive start on Thursday, driven by strong earnings from Facebook and a handful of chipmakers, coupled with a slight retreat in bond yields.
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