Germany's economy expanded in the second quarter on the back of foreign trade and spending, providing support to overall euro area expansion, which was weighed down by flat growth in France and Italy ahead of "Brexit" vote.Gross domestic product climbed 0.4 percent quarter-on-quarter, in line with the preliminary estimate, but slower than the 0.7 percent expansion seen in the March quarter.
Shares of WPP Group Plc. were gaining around 6 percent in the morning trading on London after the advertising giant reported Wednesday positive current trading and expectations for increased results. This was after reporting higher headline profit and increased revenues in its first half, even as reported profit declined from last year. The company also announced a significant dividend growth.
European shares are set to open slightly lower on Wednesday amid lack of fresh triggers as investors look to Fed Chair Janet Yellen's speech on Friday for clarity on the likely trajectory of interest rates in the world's largest economy.
The dollar edged higher against rivals but remained essentially...
Shares of Lannett Co. Inc. (LCI) were up more than 14% in extended trading on Tuesday, following better-than expected Q4 results and bright outlook for fiscal 2017.
Intuit Inc., (INTU) Tuesday said it swung to a loss in the fourth quarter and the accounting software maker also detailed a weak outlook.
Intuit reported fourth-quarter loss of $40 million or $0.16 per share, compared with last year's profit of $14 million or $0.05 per share last year.
After moving notably higher in early trading, stocks gave back some ground but managed to end the day modestly higher. The major averages ended the day in positive territory.
Athletic clothing company Under Armour has ended sponsorship of a female hunter after a video that showed her husband killing a bear caused an outrage.
Sponsorship of Sarah Bowmar, the wife and hunting companion of US hunter Josh Bowmar, was dropped by Under Armor following the negative response to...
Mitsubishi has recalled more than 80,000 cars from the 2015-2016 model years for CVT defect that could cause acceleration delay.
During initial acceleration from a standstill, or when accelerating again after
either constant speed operation or coasting down, affected CVT equipped vehicles may experience...
Tourists at Disney World's Grand Floridian Resort & Spa had reported sightings of alligators to employees just minutes before an alligator attacked and killed a 2-year-old boy, according to an official investigative report.
Jason Ochs and Alfred Smith, both tourists at Grand Floridian Resort, sighted...
After moving to the upside in early trading, stocks remain mostly positive in mid-day trading on Tuesday. The tech-heavy Nasdaq reached a record intraday early in the session but has given back some ground since then.
Tesla Motors (TSLA) has launched a limited time, two-year lease option for both Model S and Model X, as the electric car maker aims to lure more customers and be in limelight until the release of Model 3.
Starting at $593 a month, the new two-year lease option is a better alternative for customers...
Sea Port Products Corp., has voluntarily recalled of a batch of scallops after about 206 people were confirmed to have become ill with hepatitis A.
The US Food and Drug Administration, and Centers for Disease control and Prevention are supporting Hawaii Department of Health in investigation of hepatitis...
Stocks have moved mostly higher in morning trading on Tuesday after ending the previous session nearly flat. The major averages have all moved to the upside, with the tech-heavy Nasdaq reaching a new record intraday high.
The City of Somerville has decided not to appeal a key environmental permit granted in July for Wynn Resorts Ltd.'s $2.1 billion Everett casino project. The decision paves the way for work on the casino project, known as Wynn Boston Harbor, to go ahead.
New home sales in the U.S. unexpectedly saw a substantial increase in the month of July, according to a report released by the Commerce Department on Tuesday. The report said new home sales jumped 12.4 percent to an annual rate of 654,000 in July from the revised June rate of 582,000.