International Companies
Royal Caribbean tops Wall Street estimates
Cruise operator Royal Caribbean turned in third-quarter profits that topped estimates on the Street on Thursday; however, the Miami-based outfit narrowed its full-year guidance, taking it below consensus estimates.
Merck swings to a profit as Keytruda revenues soar
US drugmaker Merck swung to a $2bn profit in its last trading quarter, bouncing back from the small loss recorded a year earlier as a result of large one-time charges.
Altria pulls vaping products from market; tightens full-year guidance
Marlboro-owner Altria is to pull several of its vaping products ahead of possible ban of e-cigarettes to young people in the US.
Twitter shares take off on better-than-expected numbers
Twitter posted better-than-expected revenues on Thursday as it continued a crack down on "spammy and suspicious" accounts, sending its shares soaring.
US initial jobless claims rise touch more than expected
The number of Americans filing for unemployment benefits rose a little more than expected last week, according to figures released by Labor Department on Thursday.
Facebook fined £500,000 over Cambridge Analytica scandal
Facebook has been fined by the UK’s Information Commissioner's Office (ICO) over the data breach revealed earlier on this year related to political consulting and data harvesting company Cambridge Analytica.
AB InBev halves interim dividend as profits drop
Budweiser and Stella Artois maker AnheuerBusch InBev's third-quarter net profit fell 37% and the interim dividend was halved to pay down debt.
UBS targets super-rich to underpin future growth
Swiss banking group UBS said it would be targeting the world’s wealthiest people for future growth as it posted market-beating profits.
Microsoft turns in record first quarter as cloud revenues continue to grow
Microsoft turned in a record first quarter on Wednesday, thanks primarily to strong cloud growth.
Tesla turns in rare profit on historic revenues
After markets closed on Wednesday, Tesla revealed historic revenues and a rare profit from its last trading quarter.