FOX News: Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 22 min 40 sec ago
Aetna, which is in the process of buying rival Humana, reported first-quarter operating earnings that topped analysts' estimates as the health insurer added more members to its government plans.
Time Warner Cable Inc. posted first-quarter earnings ahead of expectations on Thursday, driven by what the company called "robust" customer growth.
French drugmaker Sanofi went public with a $9.3 billion offer to buy Medivation on Thursday, setting up what could be a lengthy takeover fight after the U.S. cancer firm rebuffed its approaches.
Many big chipmaker buyouts have occurred over the past year, but the wave of market consolidation probably won't end anytime soon, since major chipmakers still must expand their portfolios or bolster their manufacturing capabilities to stay competitive.
Time Warner Cable, which is being bought by Charter Communications, reported a 7.2 percent rise in revenue as it added more high speed data customers.
Oil futures steadied after setting a 2016 high on Thursday as traders locked in profits, though analysts said supply disruptions, strong investor appetite and a weakening dollar could push prices higher soon.
Volkswagen has a chance of posting solid growth in its operating business this year even as it grapples with its diesel emissions scandal and a strategic repositioning, Chief Executive Matthias Mueller said.
U.S. economic growth likely stalled in the first quarter as domestic demand cooled and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labor market.
Japanese electronics maker Sony on Thursday reported its biggest annual operating profit since fiscal 2007 due to cost cuts in its struggling smartphone business and brisk demand for PlayStation 4 videogames.
China stocks dropped on Thursday, led by resource shares, as commodity prices fell in response to fresh regulatory trading curbs, hitting already fragile investor confidence.
The Bank of Japan held off on expanding monetary stimulus on Thursday, even as global headwinds, a strong yen and soft consumption threatened to derail a fragile economic recovery.
Corporate demand for data security is rising
Weighed down by several weak earnings reports, the stock market was flat for most of Wednesday's trading session.
If after-hours trading was anything to go by, the initial reaction of investors, following Intel 's first quarter earnings release on April 19, was not good.
Image detail from Euronet Worldwide's most recent annual report.
If Facebook holds its after-hours gain, the stock will open tomorrow at an all-time of about $119, representing a gain of about 9% compared with where it was trading on Wednesday.
One of Retail Opportunity Investments' 75 grocery-anchored shopping centers.
Apple stock was hit hard on Wednesday following the company's second fiscal quarter earnings release.
Marketing chief Phil Schiller introducing the 9.7-inch iPad Pro.