Month: January 2019

** Shares of Apple suppliers up in extended trade after Apple’s quarterly results and guide prove not as bad as some expected

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EBay Inc forecast March quarter revenue below Wall Street estimates after reporting disappointing growth in the volume of sales on its platform during the key holiday quarter, overshadowing news of its first-ever dividend.

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An ex-stripper who became a regional sales director at Insys Therapeutics Inc gave a doctor a lap dance at a Chicago club as the drugmaker pushed the doctor to prescribe its addictive fentanyl spray, a former Insys employee testified on Tuesday.

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Apple Inc reported sharp growth in its services business and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping the technology company’s shares up after hours even as iPhone sales dipped in the holiday shopping quarter for the first time.

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Wall Street was mixed on Tuesday, with Alphabet, Facebook and other technology-related shares dipping, while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average.

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Apple Inc on Tuesday reported sharp growth in its services business and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping its shares up even after sales of its iPhone dipped in the holiday shopping quarter.

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Two units of China’s Huawei Technologies Co Ltd are to be arraigned on Feb. 28 in Seattle on a 10-count indictment on charges they conspired to steal T-Mobile US Inc trade secrets, according to court filings Tuesday.

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Amgen Inc on Tuesday reported fourth-quarter profit that easily surpassed expectations as sales rose and tax expense fell, but competition for older medicines is growing and the drugmaker forecast 2019 earnings below Wall Street estimates.

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Japan’s ANA Holdings Inc said on Tuesday it would order at least 38 planes worth $4.33 billion from Boeing Co and Airbus, and buy a stake in Philippines Airlines’ parent PAL Holdings Inc to support its Asia growth strategy.

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An ex-stripper who became a regional sales director at Insys Therapeutics Inc gave a doctor a lap dance at a Chicago club as the drugmaker pushed the doctor to prescribe its addictive fentanyl spray, a former Insys employee testified on Tuesday.

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Ebay Inc beat Wall Street estimates for quarterly sales on Tuesday, as customers spent more in the holiday shopping season and a multi-year effort to make its platform more user friendly yielded results.

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Huawei Technologies Co Ltd’s chief financial officer, the central figure in a high-stakes dispute between the world’s two largest economies, made her first appearance in a Canadian court in more than a month on Tuesday as Ottawa weighs extraditing the Chinese executive to the United States.

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Amgen Inc on Tuesday reported higher-than-expected fourth-quarter profit as sales rose and tax expense fell, but competition for older medicines is growing and the drugmaker forecast 2019 earnings below Wall Street estimates.

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Wall Street was mixed on Tuesday, with technology shares dipping ahead of Apple’s quarterly report while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average.

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Gold hit an eight-month high while world stock markets were mixed ahead of further U.S.-Sino trade talks, a raft of technology company results starting with Apple later on Tuesday and an impending Federal Reserve decision on interest rates.

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