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This marriage of equals didn't work out for shareholders, as is evident in the chart above. After destroying an estimated $14 billion in shareholder wealth over the past decade as a combined company, ...
Betting markets give the 30% tariffs on the E.U. that Trump is threatening a 28% shot of going through and a 43% chance for Canada's 35% tariff. "So if they did come into force, it's clear that would ...
The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected inflation to hold steady. The decision by Bank Indonesia to cut rates ...
The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share ...
The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Supply is set to rise three times faster than demand ...
Johnson & Johnson boosted its full-year outlook as it posted better-than-expected profit and sales in the second quarter. The chip-making equipment supplier, whose clients include Intel, issued a ...
TotalEnergies said it expects hydrocarbon production in the second quarter to be around 2.5% higher than the 2.44 million oil-equivalent barrels a day it produced in the same period a year prior.
--The European Commission is set to launch an in-depth investigation into Universal Music Group unit Virgin Music's $775 million bid for Downtown Records, Reuters says, citing unnamed sources.
People are increasingly turning to artificial-intelligence chatbots for financial advice - but getting valuable information out of them depends on how you ask for it. In chatbot parlance, this process ...
Bank of America Corp. on Wednesday reported second-quarter earnings of 89 cents a share, ahead of the FactSet consensus estimate of 86 cents a share in what the bank described as a "solid" performance ...
Despite the struggles, the agency anticipated the Canadian dollar will remain steady, benefiting from a loss of confidence in the U.S. dollar spurred by policy uncertainties. It projects the currency ...
Johnson & Johnson boosted its full-year outlook as it posted better-than-expected profit and sales in the second quarter. The healthcare-products company said Tuesday it now expects adjusted per-share ...