Lower dose of Pfizer-Lilly painkiller misses main goals in late stage study
(Reuters) – A lower dose of non-opioid painkiller developed by Pfizer Inc and Eli Lilly and Co failed to meet…
Lower dose of Pfizer-Lilly painkiller misses main goals in late stage study
(Reuters) – A lower dose of non-opioid painkiller developed by Pfizer Inc and Eli Lilly and Co failed to meet…
Qualcomm shares soar on surprise settlement with Apple of long legal dispute
(Reuters) – Qualcomm Inc on Tuesday won a major victory with a surprise settlement of its wide-ranging legal dispute with…
Bank results curb Wall Street, oil falls as Russia mulls production boost
NEW YORK (Reuters) – Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices…
Wall Street slips as bank earnings disappoint
NEW YORK (Reuters) – Wall Street lost ground on Monday, dragged down by financials as underwhelming bank earnings curbed investor…
Asia stocks hover below nine month peak after Wall Street stalls
TOKYO (Reuters) – Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though…
Industrials’ gains put to test as earnings ramp up
NEW YORK (Reuters) – Investors betting on industrial stocks this year have been rewarded, with the group among the best-performing…
Asian shares pause near eight-month high, dollar weakens
SYDNEY (Reuters) – Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest…
Sony stock surges after Reuters reports Third Point re-building stake
TOKYO (Reuters) – Sony Corp shares surged more than 9 percent on Tuesday after a Reuters report saying Third Point…
Stocks edge higher as crude oil gains
NEW YORK – A gauge of global equities edged higher on Monday as another drop in Boeing shares and concerns…
Pinterest seeks $15-$17 per share in IPO, below last private valuation
(Reuters) – Pinterest Inc on Monday set a price range of $15 to $17 per share for its initial public…
S&P 500, Nasdaq edge higher as earnings season looms
NEW YORK (Reuters) – The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in…
S&P 500, Nasdaq edge higher as earnings season looms
NEW YORK (Reuters) – The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in…
Sony shares surge after Reuters reports Third Point building stake again
FILE PHOTO: A shopper looks at Sony Corp’s Bravia television monitors at an electronics store in Tokyo June 20, 2013.…
S&P posts seven-day winning streak as jobs data allay economic fears
NEW YORK (Reuters) – U.S. stocks rose on Friday, boosted by better-than-expected job growth in March, which eased concerns of…
Take Five: Panic over? World markets themes for the week ahead
LONDON (Reuters) – Following are the five big themes likely to dominate thinking of investors and traders in the coming…
Take Five: Panic over? World markets themes for the week ahead
LONDON (Reuters) – Following are the five big themes likely to dominate thinking of investors and traders in the coming…
Asia shares sit on weekly gains, await U.S. jobs test
SYDNEY (Reuters) – Asian share markets consolidated weekly gains on Friday as Sino-U.S. talks dragged on with no concrete conclusions,…
Lyft shares soar on Nasdaq debut, setting stage for Uber
LOS ANGELES/NEW YORK (Reuters) – Lyft Inc’s shares rose as much as 23 percent in their market debut on Friday,…
Trade hopes lift Wall Street; S&P 500 notches best quarter since 2009
NEW YORK (Reuters) – U.S. stocks ended the final trading day of the first quarter on a strong note on…
Lyft valued at $24.3 billion in first ride-hailing IPO
(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup…
Merck KGaA goes hostile in $5.9 billion Versum takeover battle
FRANKFURT (Reuters) – German pharma group Merck KGaA launched a hostile $5.9 billion all-cash takeover offer for Versum Materials on…
Dow Jones Industrial Average adds Dow Inc, removes DowDuPont
NEW YORK (Reuters) – Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation’s…
Wall Street climbs as financials snap five days of losses
NEW YORK (Reuters) – U.S. stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized…
Image sharing website Pinterest files for IPO
FILE PHOTO: A Pinterest banner hangs on the facade of the New York Stock Exchange (NYSE) in New York City,…
U.S. lawmaker urges FAA, Boeing employees to disclose details on 737 MAX approval
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March…
Wall Street tumbles on global economic slowdown fears
NEW YORK (Reuters) – Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting…
Some Boeing 737 MAX orders in jeopardy, U.S. pilots try software fix
JAKARTA/CHICAGO (Reuters) – Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some…
Wall Street powers world stocks; dollar up on Brexit woes
NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while…
Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value
CHICAGO/TOKYO (Reuters) – Biogen Inc and partner Eisai Co Ltd are ending two late-stage trials of their experimental Alzheimer’s disease…
Factbox: What we know about Boeing 737 MAX crash and what comes next
(Reuters) – More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken…
Stakes rise for Boeing as EU, Canada step up scrutiny of 737 MAX after crashes
ADDIS ABABA/PARIS/WASHINGTON (Reuters) – Europe and Canada said they would seek their own guarantees over the safety of Boeing’s 737…
S&P little changed as trade worries offset optimism over Fed
FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in…
Exclusive: Lyft’s IPO already oversubscribed – sources
FILE PHOTO: An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego,…
Ride-hailing firm Lyft launches IPO road show in Uber’s shadow
(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation…
Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tap
(Reuters) – U.S. stocks flitted between gains and losses on Monday, with losses in Boeing and Facebook limiting gains while…
Lyft to launch road show for up to $2 billion IPO: sources
(Reuters) – Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking…
Wall Street gains with tech; S&P 500 posts best week since November
NEW YORK (Reuters) – U.S. stocks rose on Friday, led by technology companies, as a report on progress in U.S.-China…
S&P 500 eases amid U.S.-China trade uncertainty
NEW YORK (Reuters) – The S&P 500 slipped on Thursday, snapping a three-day streak of gains, as uncertainty over when…
Boeing 737 MAX jets could be grounded for weeks as black box probe to start on Ethiopia crash
WASHINGTON/PARIS (Reuters) – Boeing Co’s 737 MAX 8 and 9 planes will be grounded for weeks if not longer until…
Pound jumps, Asian shares rise after changes to Brexit deal
SHANGHAI (Reuters) – The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in…
Asia shares sluggish as global growth concerns return; ECB meeting eyed
TOKYO (Reuters) – Asian shares eased on Thursday, with caution prevailing as investors awaited some kind of resolution to Sino-U.S.…
GE explores stake sale in Enel renewables joint venture: sources
(Reuters) – General Electric Co is exploring a sale of its 50 percent stake in a renewable energy joint venture…
GE’s CEO warns of negative industrial cash flow in 2019, shares drop
(Reuters) – General Electric Co’s chief executive surprised investors on Tuesday by forecasting a net cash outflow from its industrial…
Wall Street drops after weak data, healthcare slump
(Reuters) – Wall Street’s major indexes fell on Monday, weighed down by a weak U.S. construction spending report and declines…
U.S. shares falter, investors await U.S.-China trade deal
NEW YORK (Reuters) – U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to…
Wall St. Week Ahead: U.S. stock reign may not last over other regions
NEW YORK (Reuters) – U.S. stock prices are outpacing those in most other regions to start 2019, but the gap…
Kraft Heinz shares fall 28 percent after writedown, dividend cut
(Reuters) – Kraft Heinz Co shares fell to a record low on Friday a day after the food company disclosed…
Wall Street Week Ahead: Profit estimates may be adding in too much cost risk
NEW YORK (Reuters) – As Wall Street braces for the first quarterly decline in earnings in nearly three years, some…
Starboard gauges Bristol-Myers shareholder support for Celgene deal
(Reuters) – Activist hedge fund Starboard Value LP has asked a proxy solicitor to probe the level of support among…
Asian stocks subdued, focus on new round of Sino-U.S. talks
TOKYO (Reuters) – Asian shares barely budged on Tuesday with investors looking to a new round of Sino-U.S. trade talks…
U.S. fund managers brace for consumer slowdown
(Reuters) – With expectations for slowing growth escalating, U.S. fund managers are selectively avoiding stocks in consumer companies as lofty…
Earnings send Wall St higher as investors eye State of the Union speech
NEW YORK (Reuters) – U.S. stocks rose on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the…
U.S. dollar, yields firm; oil comes off two-month highs
NEW YORK (Reuters) – The U.S. dollar gained for a third straight session against a basket of currencies and U.S.…
Tech boosts S&P, Nasdaq; healthcare weighs on Dow
(Reuters) – U.S. stocks edged higher on Monday boosted by technology shares ahead of Alphabet’s results after the bell, but…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week…
World stocks post best January on record, yields fall
NEW YORK (Reuters) – Global equity markets mostly rose on Thursday, fueled by upbeat Facebook earnings and the Federal Reserve’s…
General Electric stock buyers preach patience, eye progress
NEW YORK (Reuters) – Investors who have scooped up decimated shares of General Electric Co are willing to wait years…