Wall Street set for subdued open on mixed earnings reports
Wall Street was set to open lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google parent Alphabet and big drugmakers Merck and Pfizer.
Wall Street was set to open lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google parent Alphabet and big drugmakers Merck and Pfizer.
Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers time to secure cornerstone investors.
Pfizer Inc posted third-quarter profit well above analysts' estimates on higher sales of cancer drug Ibrance and arthritis medicine Xeljanz, encouraging the largest U.S. drugmaker to lift its earnings forecast for the year.
Planemakers worldwide face tougher scrutiny and changes in the way aircraft are certified in the aftermath of two fatal crashes of Boeing 737 MAX jets, leading regulators have told Reuters.
Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit as customers shrugged off fears of an economic slowdown and spent more with their credit and debit cards, boosting fees for the world's second-largest payment processor.
Kellogg Co reported quarterly sales and profit above market expectations on Tuesday, benefiting from higher demand for its Pringles and Cheez-It snacks, as well as frozen foods.
In the days leading up to Oct. 31, nearly half of millennials admitted making Halloween purchases strictly for the social media posts.
Saudi Aramco has signed several deals at the Future Investment Initiative conference in Riyadh, Saudi Arabian General Investment Authority (SAGIA) said in a statement on Tuesday.
Subscriptions could be responsible for hundreds of dollars in spending you may not even see.
Merck & Co Inc blew past Wall Street expectations for third-quarter profit on Tuesday, as sales of its blockbuster immunotherapy Keytruda crossed the $3-billion mark for the first time in a quarter and beat lofty estimates.
With average financial advisor now in their 50s and many in their 60s and 70s, the fate of thousands of practices remains in doubt. Studies show that most small advisors, particularly solo practitioners, have no successor to fill their shoes.
Oil slipped to around $61 a barrel on Tuesday, falling for a second day, pressured by expectations of a rise in U.S. crude inventories and doubts that OPEC and its allies will cut oil output further in December.
Tesco will next week become the first major British supermarket group to offer a subscription customer loyalty scheme, the latest weapon in its fight to stem the market share gains of German-owned discounters.
Wall Street opened slightly lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google-parent Alphabet and big drugmakers Merck and Pfizer.
If YouTube becomes a $300 billion standalone company, it would rank as one of the top 20 biggest companies in the S&P 500