AbbVie beats 2Q profit forecasts, but sales fall short
Associated Press | July 24, 2015 6:07 am
Drugmaker AbbVie Inc. reported better-than-expected second-quarter profit, but its sales disappointed Wall Street.
FIFA sponsor Visa calls for independent reform board
Associated Press | July 23, 2015 10:07 pm
FIFA sponsor Visa Inc. called Thursday for an independent commission to be formed to clean up world soccer’s scandal-ridden governing body.
China manufacturing slumps to 15-month low
Associated Press | July 23, 2015 9:07 pm
China’s manufacturing slumped to a 15-month low in July in a fresh sign of deterioration in the world’s second biggest economy, a survey showed Friday.
YouTube creators looking elsewhere for money
Associated Press | July 23, 2015 5:07 pm
When 29-year-old YouTube star Meghan Tonjes launched a podcast with crowd-funding site Patreon a year ago, it was one of dozens of things the singer-songwriter was doing to grind out a living online. Today, it’s paying her rent.
Amazon’s birthday present: Surprise 2Q profit
Associated Press | July 23, 2015 4:07 pm
Investors helped Amazon celebrate its 20th birthday, pushing the online retailer’s stock up 17 percent in aftermarket trading Thursday after it reported a surprise second-quarter profit.
Visa 3Q earnings jump 25 percent, beat estimates
Associated Press | July 23, 2015 3:07 pm
Visa Inc. said its fiscal third-quarter profit jumped 25 percent, helped by a double-digit rise in payments processed on its network. However Visa executives emphasize they are not seeing as robust U.S. consumer spending as they hoped.
Getting tested again: Municipal bond funds face more stress
Associated Press | July 23, 2015 2:07 pm
Here we go again.
General Motors and SanDisk are big market movers
Associated Press | July 23, 2015 1:07 pm
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Cheaper fuel helps Southwest, United post record 2Q profits
Associated Press | July 23, 2015 12:07 pm
Cheaper fuel and full planes are adding up to record airline profits, and the carriers are sharing the bounty with stockholders.
As sales fall in US, McDonald’s eyes variety of changes
Associated Press | July 23, 2015 11:07 am
McDonald’s is looking at variety of changes to win back customers in the U.S.: A new value message to replace the Dollar Menu, breakfast all day, and nips and tucks to improve the taste of its burgers.