Health insurer Cigna Corp raised its 2019 adjusted earnings forecast on Thursday and posted a nearly 75% jump in second-quarter profit, helped by its health services unit, which includes the Express Scripts pharmacy benefits business it acquired last year.
Factory activity contracted across Asia and Europe in July, fuelling worries a prolonged U.S.-China trade war and an economic slowdown could tilt the world toward recession, which central banks would have to fight with depleted ammunition.
London Stock Exchange Group has agreed to buy Refinitiv for $27 billion, broadening its global footprint in financial data and market infrastructure to compete better with rivals like ICE and CME.
Australian lawyers filed a class action lawsuit against Toyota Motor Corp's local unit on Thursday, claiming some models of the carmaker's top-selling vehicles Hilux, Prado and Fortuner were fitted with defective parts.
Verizon Communications Inc on Thursday beat second-quarter profit estimates as the largest U.S. mobile carrier added far more net new phone subscribers who pay a monthly bill than expected.
Yum Brands Inc beat Wall Street expectations for quarterly profit and sales on Thursday, as the restaurant chain operator benefited from better-than-expected growth at KFC, Pizza Hut and Taco Bell.
U.S. grains merchant Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by the U.S.-China trade war and severe U.S. weather this spring that caused it significant supply-chain woes.
Funding Report for July 2019
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U.S. refiner Marathon Petroleum Corp on Thursday beat estimates for quarterly profit, as it transported more crude through its pipelines and benefited from higher sales from its gas stations business.
Health insurer Cigna Corp raised its forecast for full-year adjusted earnings on Thursday after posting a better-than-expected profit in the second quarter, helped by higher revenue from its pharmacy benefits unit and its commercial health plans.
Uncertainty looms after the Fed;'s rate cut, but traders haven't lost optimism.
London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion deal aimed at offering trading across regions and currencies and establishing the British company as a rival to Bloomberg.
General Motors Co posted a better-than-expected net profit on Thursday as high-margin pickup trucks, SUVs and crossovers helped overcome slowing sales in the United States and China, and reiterated its full-year earnings forecast.
Yum Brands Inc beat analysts' expectations for quarterly profit and sales on Thursday, as the restaurant chain operator benefited from better-than-expected growth at all its restaurant chains, including Pizza Hut, sending its shares up 4%.
The number of Americans filing applications for unemployment benefits increased last week, but the trend in claims remained consistent with tightening labor market conditions.