Business & Finance News
(Reuters) – U.S. stocks opened lower on Tuesday after disappointing results from Pfizer, while concerns about inflation, rising costs and protectionist policies remained.
(Reuters) – U.S. stock index futures were down slightly on Tuesday after disappointing results from Pfizer, while investor concerns about inflation, rising costs and protectionist policies continued.
LONDON (Reuters) – Britain’s media secretary Matt Hancock will give his verdict on Rupert Murdoch’s 18-month pursuit of Sky by June 13, potentially paving the way for the mogul’s Fox to take on Comcast in the battle for the British TV group.
LONDON (Reuters) – The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week.
(Reuters) – Leading U.S. drugmaker Pfizer Inc racked up its biggest miss on sales in a year in the first quarter, hurt by lower-than-expected sales of blockbuster breast cancer drug Ibrance and arthritis drug Xeljanz.
(Reuters) – Pfizer Inc’s quarterly revenue missed analysts’ estimates on Tuesday, hurt by lower-than-expected sales of blockbuster breast cancer drug Ibrance and arthritis drug Xeljanz.
LONDON (Reuters) – Britain’s Royal Bank of Scotland is to cut around 792 jobs and close 162 branches following a review of its branch network in England and Wales, the bank said on Tuesday.
(Reuters) – U.S. stock index futures treaded water on Tuesday, as strong earnings failed to excite investors who instead fretted about inflation, rising costs and protectionist policies.
(Reuters) – Drugmaker Merck & Co reported a better-than-expected first-quarter profit on Tuesday, helped by a more than 150 percent rise in sales of cancer drug Keytruda.
(Reuters) – Toy maker Hasbro Inc has agreed to acquire children’s entertainment and merchandising franchises, including the characters of the superhero TV show Power Rangers, from Saban Entertainment for around $520 million in cash and stock, people familiar with the matter said on Tuesday.
LONDON (Reuters) – Trafigura has tripled the size of its management committee, bolstering the position of CEO Jeremy Weir while also giving more responsibility to the next generation of potential leaders, the Swiss commodities trader said on Tuesday.
(Reuters) – Drugmaker Merck & Co reported a better-than-expected first-quarter profit on Tuesday and raised its adjusted earnings forecast for the year, helped by a more than 150 percent rise in sales of cancer drug Keytruda.
(Reuters) – Pfizer Inc’s quarterly profit topped Wall Street forecasts, driven by stronger-than-expected sales of pneumonia vaccine Prevnar.
LONDON (Reuters) – Trafigura has set up a new management committee comprised of nine executives including chief executive Jeremy Weir, the Swiss commodities trader said on Tuesday.
LONDON (Reuters) – Britain’s competition regulator submitted its view on Rupert Murdoch’s attempt to buy all of Sky to the government on Tuesday, giving minister Matt Hancock 30 working days to deliver his final ruling on the deal.
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