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EA slides after losing licensing rights to Cristiano Ronaldo's team Juventus for FIFA 20

Shares of Electronic Arts dropped on Tuesday after the video game company announced it no longer has a licensing agreement with Juventus, the Italian soccer club with Cristiano Ronaldo.

5 years ago

Five things to look for in Netflix's second-quarter report

When Netflix Inc reports second-quarter earnings on Wednesday, a big question is how the streaming giant will handle a slew of new competitors barging in to its territory.



5 years ago

Wells Fargo tempers cost-cutting outlook

Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to invest in improving its risk management.



5 years ago

Wall Street edges lower after mixed bank earnings, Trump comments

U.S. stocks were lower on Tuesday as results from big Wall Street lenders rekindled concerns about slowing profit growth in a low interest rate environment, while comments from President Donald Trump on trade also soured the mood.



5 years ago

SEC reaches $60 million settlements involving ex-American Realty executives

Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million in settlements with the U.S. Securities and Exchange Commission of charges they wrongfully extracted millions of dollars from the real estate investment trust.



5 years ago

S&P 500 edges lower after mixed bank earnings, Trump comments

The S&P 500 edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S. President Donald Trump on trade also weighed on the benchmark index.



5 years ago

Big banks signal Fed rate cuts may not be so great for them

The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.

5 years ago

Facebook should not be trusted with 'crazy' cryptocurrency plan: senators

Democratic and Republican lawmakers said on Tuesday that Facebook Inc's track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labeling the plan "delusional" and "crazy" at a Senate hearing.



5 years ago

U.S. SEC chief says he has not met with Facebook since Libra announcement

A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project.



5 years ago

Bitcoin tumbles as U.S. senators grill Facebook on crypto plans

The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies.



5 years ago

Microsoft and Nvidia are among RBC's best ideas for sustainable investing

Microsoft, Nvidia and Salesforce are among the global equities on RBC Capital Markets' list of "best ideas" for sustainable investing.

5 years ago

Wall Street slips as bank earnings, Trump trade comments weigh

U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President Donald Trump on trade also dragged down Wall Street's major indexes.



5 years ago

United Airlines quarterly profit beats on strong travel demand, higher fares

United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats given supply constraints from the Boeing Co 737 MAX grounding.



5 years ago

U.S. retail sales data dents stocks, lifts Treasury yields

A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could adopt a less dovish stance.



5 years ago

U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm

The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday, citing support from the Energy Department and Defense Department.



5 years ago