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Comcast-072716.jpg Cable television giant Comcast Corp. on Wednesday reported a 5 percent decline in profit for the second quarter from last year, as higher revenues at its Cable Communications segment were offset by an increase in expenses. However, both revenue and adjusted earnings per share for the quarter beat analysts' estimates.

wallstreet-041012_27Jul16.jpg Wall Street looks set to open Wednesday's session on a positive note as solid earnings from companies such as Apple generate strength. More earnings are set to follow, with Boeing (BA), Coca-Cola (KO) and Fiat Chrysler (FCAU) among the noteworthy names. The FOMC statement is the main Main Street event that traders look forward to.

DeutscheBank-072716.jpg Shares of Deutsche Bank AG declined around 4 percent in the morning trading after the German bank reported Wednesday sharply lower profit in its second quarter with significant one-time charges as well as weak revenues. John Cryan, CEO, said,".. if the current weak economic environment persists, we will need to be yet more ambitious in the timing and intensity of our restructuring."

AirbusGroup-072716.jpg Shares of Airbus Group SE were gaining around 6 percent in the early morning trading in Paris after the aerospace and defense major reported Wednesday significantly higher profit in its second quarter, with positive one-offs items. Revenues, meanwhile, declined 1 percent with weakness in all segments. For fiscal 2016, the company continues to expect stable earnings per share.

Asian-Markets1_27Jul16.jpg European stocks are seen opening higher on Wednesday following a relatively positive session on Wall Street overnight and a rally in Japanese markets as investors pin their hopes on a fresh round of stimulus later this week. The yen plunged the most in more than a week after the Nikkei business daily...

BillClinton-052512_26Jul16.jpg On the night where former Secretary of State Hillary Clinton officially became the first woman ever to become the presidential nominee of a major political party, it was her husband who took center stage Tuesday at the second day of the Democratic National Convention. Speaking to a packed crowd in...

Apple-072616.jpg Shares of Apple Inc. (AAPL) gained 5 percent in extended trading session after the tech giant reported a third-quarter profit and revenues that trumped Wall Street expectations driven by higher-than-expected iPhone sales. Although, Apple reported its second year-over-year decline in iPhone sales,...

twitter-072616.jpg Micro-blogging site Twitter Inc. (TWTR), Tuesday reported a smaller loss for the second quarter, as revenues climbed 20 percent reflecting growth in its advertising business despite a continued poor growth in number of users. Adjusted earnings for the quarter trumped Wall Street expectations, while revenues...

BB-DTEK50-072616.jpg BlackBerry has launched its second Android smartphone DTEK50, which the struggling company touts as the most secure Android smartphone ever. DTEK50 is BlackBerry's second smartphone powered by Android, following the PRIV. The device actually shares its design and hardware specifications with the recently...

tesla-mobileye-072616.jpg Mobileye (MBLY), a self-driving car technology company, Tuesday announced that it is ending its partnership with electric car marker Tesla Motors Inc. (TSLA) for the development of auto pilot program. Shares of Mobileye plunged about 8 after the news. Mobileye announced the decision to part ways with...

westjet-072616.jpg WestJet has announced its winter 2017 flight schedule, and the carrier is adding new flights to its domestic and international networks. The airline has extended its non-stop flight schedule between Vancouver and Montreal, Toronto and Gander as well as Toronto and Brandon from seasonal summer service...

generalmills-flour-072616.jpg General Mills has announced another expansion to its flour recall in response to four new illnesses that were linked to a possible E. Coli outbreak. The latest recall covers several varieties of Signature Kitchens and Gold Medal flour produced through February 10. General Mill had first announced...

GoogleMap-072616.jpg Google maps will be more easy to use with its latest update. Traffic information will be more visible with its new cleaner look.

StarbucksDresscode-072616.jpg Starbucks baristas are now free to express their personal style at work under a new dress code announced by the world's largest specialty coffee retailer. Instead of the familiar solid black, white and khaki clothing underneath their iconic green aprons, baristas can now come for work in a range of colors and outfits that reflect their own personal tastes.

Sanders-Clinton-072616.jpg Bernie Sanders, who gave a tough fight to Hillary Clinton in the primaries for party ticket for presidency, has told a Democratic National Convention that Hillary must win the US presidential election in November. "Any objective observer will conclude that - based on her ideas and her leadership...

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