Belgian brewer Anheuser-Busch InBev NV, known as AB InBev, Friday reported higher third-quarter profit, driven by growth in revenues. Meanwhile, total volumes declined 2.6 percent, with own beer volumes down 2.7 percent, hurt by weakness in Russia and China.
French lender BNP Paribas reported Friday higher profit in its third quarter, reflecting revenue growth in all the operating divisions as well as a lower cost of risk. CEO Jean-Laurent Bonnafé said, "BNP Paribas Group delivered this quarter a very good overall performance thanks to its diversified business and geographic mix."
Japanese consumer electronics maker Sony Corp. (SON.L, SNE) Friday said the second-quarter net loss widened from last year, as the company incurred a hefty impairment charge in the quarter.
European stocks look set to open sharply higher on Friday, as improving growth prospects in the U.S. and fresh signs that global central banks will continue to be proactive in ensuring price stability helped increase the appeal of riskier assets.
Asian stocks are rising across the board, with Japan's...
Groupon reported a wider loss, hurt by stock-compensation expense and other costs that offset growth in revenues. Nonetheless, the quarterly results topped Wall Street estimates. The company provided weak guidance for the current quarter, but exuded confidence on becoming a strong mobile commerce player.
Starbucks swung to a fourth-quarter profit, led by a 10 percent rise in sales, while the prior year was hurt by litigation charges. Despite growth across key regions, sales fell short of Wall Street estimates. The company provided weak earnings guidance for the first quarter and its shares slid 4 percent in after-hours trade...
Action-sports camera maker GoPro Inc. (GPRO), Thursday reported a swing to profit in the third quarter, as revenues surged 46 percent driven by strong demand for its wearable cameras, with both earnings and revenues coming in ahead of Wall Street estimates.
GoPro shares rose about 10 percent in...
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
After ending the previous session modestly lower, stocks moved mostly higher over the course of the trading day on Thursday. The gains on the day more than offset yesterday's losses, lifting the major averages to their best closing levels in a month.
U.S. crude oil ended sharply lower on Thursday, as the dollar strengthened after some upbeat data showed gross domestic product in the U.S. to have risen more than expected, even as official data showed oil production to have risen to nearly 9 million barrels a day -- the most in over three decades....
Sen. Lindsey Graham, R-S.C., is seen as a long shot for the Republican presidential nomination in 2016, and his chances may have gotten worse after he was recorded joking about the prospects for "white men" if he were elected president.
Republican Rep. Cory Gardner, R-Col., has expanded his lead over incumbent Sen. Mark Udall, D-Col., in the closely watched Colorado Senate race, according to the results of a Quinnipiac University poll released on Thursday.
Stocks have fluctuated over the course of the trading day on Thursday, as traders continue to digest yesterday's monetary policy announcement from the Federal Reserve as well as better than expected third quarter GDP data.
After ending the previous session modestly lower, stocks are turning in a lackluster performance in early trading on Thursday. The major averages have turned mixed on the day, with the Dow benefiting from a strong gain by shares of Visa (V).
MasterCard, Inc. on Thursday reported a 15 percent increase in profit for the third quarter from last year, reflecting double-digit revenue growth as shoppers increasingly used credit and debit cards for payments. Both earnings per share and quarterly revenues topped analysts' expectations.