International Companies
Bank of America's Q2 profits beat forecasts
Bank of America reported second quarter profit growth on Wednesday that beat analysts' estimates as the banking giant's consumer banking division drove growth.
AMSL cheers investors with above-guidance second-quarter numbers
Shares in ASML sparked 5% on Wednesday, after the Dutch semiconductor equipment specialist predicted a year of growth despite a dip in second-quarter sales.
JP Morgan Chase beats expectations
JP Morgan Chase beat analysts' expectations with its latest quarterly earnings, helped by an income tax benefit that boosted its results by $768m.
Goldman Sachs beats analysts' forecasts despite slide in revenues
Goldman Sachs cheered Wall Street on Tuesday after its second-quarter numbers beat analyst expectations.
Tesla drops Model X and S variants and cuts prices
In a new attempt at boosting sales, Tesla has dropped the standard-range variants of its Model X and Model S from its product lineup and lowered prices across its range.
Ryanair cuts summer 2020 forecasts due to delays in Boeing Max deliveries
Ryanair updated its projections for capacity growth in the winter of 2019 and the summer of 2020 following delays in deliveries of its new Boeing 737 Max jets.
New Boeing 737 Max plane ordered by Ryanair undergoes renaming
A Boeing Max 737 delivered to Ryanair has had the model’s name changed on delivery which could mean the manufacturer and airlines will rebrand the controversial model.
Citi's second quarter earnings beat analysts' forecasts
US banking group Citi reported second-quarter earnings ahead of analyst expectations on Monday, despite a fall in investment banking revenues.
Circor shares tumble as Crane says it won't extend offer deadline
Circor shares slumped on Monday after Crane Co said it would not extend its offer for the US flow control technology company if there is no "substantive engagement" this week.
Peugeot sees global car sales slide
PSA Group saw sales stall in the first half of the year, after demand faltered in China and the French company was forced to pull out of Iran.
Gilead Sciences inks 10-year collaboration deal with Galapagos
Gilead Sciences will pay over $5. 0bn for the exclusive licence and options rights to Belgian-Dutch biotechnology outfit Galapagos's entire pipeline of potential drugs outside of Europe.
Huawei is set to lay off hundreds of US workers after blacklisting
Chinese technology giant Huawei is preparing lay offs for hundreds of American workers as it struggles with the US administration’s recent blacklisting.
China's Fosun to invest £750m in debt-ridden Thomas Cook
British travel firm Thomas Cook announced on Friday that it was in "advanced discussions" with Chinese conglomerate Fosun and multiple banks regarding a £750m capital injection and the break-up of the group.
Channel Tunnel traffic falls in 'politically uncertain' market
Truck traffic through the Channel Tunnel fell 14% year-on-year to 122,349 in June, primarily due to the impact of weakness in the automotive sector, the operator said on Thursday.
Jefferies backs Boeing despite slide in deliveries
Jefferies has reiterated its ‘buy’ recommendation on Boeing, despite a slump in second-quarter deliveries that left rival Airbus poised to overtake the US company as the world’s biggest plane manufacturer.
Richard Branson's Virgin Galactic to go public
Richard Branson’s Virgin Galactic space tourism business is set to go public later in 2019 and if successful it will become the first listed space tourism outfit .
Cisco Systems to buy Acacia Communications for $2.6bn
Network gear maker Cisco Systems has agreed to buy optical component maker Acacia Communications for $2. 6bn.
Marriott to 'vigorously defend' £99m fine over huge data breach
Marriott International announced on Tuesday that it has been informed by the UK Information Commissioner's Office (ICO) of its intention to issue a fine of £99. 2m against the company in relation to the Starwood guest reservation database incident.
Hello Kitty owner fined by European Commission
Hello Kitty owner Sanrio has been fined €6. 2m by the European Commission for breaking the bloc's rules on cross-border sales.
Piper Jaffray to buy Sandler O’Neill in $485m deal
Piper Jaffray has agreed to buy Sandler O’Neill + Partners in a $485m deal.