Corporate news

Chinese investors react as they monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 16, 2019. Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. (AP Photo/Andy Wong)
October 16, 2019 - 2:30 am
TOKYO (AP) — Global shares were mixed Wednesday after a Wall Street rally driven by healthy earnings reports from U.S. companies. France's CAC 40 was down nearly 0.2% in early trading at 5,691.75. Germany's DAX was unchanged at 12,629.82. Britain's FTSE 100 fell 0.3% to 7,189.08. U.S. shares were...
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October 16, 2019 - 1:44 am
AMSTERDAM (AP) — Signify, the Dutch company formerly known as Philips Lighting, says it is buying Cooper Lighting Solutions from Eaton Corp. for $1.4 billion (1.27 billion euros) in a move intended to strengthen its position in the North American market. Signify said late Tuesday that the deal is...
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FILE - In this Oct. 8, 2019, file photo trader Mark Puetzer, center, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 15. (AP Photo/Richard Drew, File)
October 15, 2019 - 12:32 pm
Stocks notched solid gains on Wall Street Tuesday as investors welcomed surprisingly good quarterly results from some of the nation's biggest companies. Strong earnings from UnitedHealth Group, JPMorgan Chase and other companies helped lift the market, erasing modest losses from a day earlier...
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FILE - In this Oct. 9, 2019, file photo a member of the United Auto Workers walks the picket line at the General Motors Romulus Powertrain plant in Romulus, Mich. General Motors CEO Mary Barra joined negotiators at the bargaining table Tuesday, Oct. 15, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company’s factories. (AP Photo/Paul Sancya, File)
October 15, 2019 - 8:47 am
DETROIT (AP) — General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company's factories. Barra and GM President Mark Reuss were in the bargaining...
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FILE- This Nov. 14, 2018, file photo shows Lubriderm, a Johnson & Johnson product, on display at a market in Pittsburgh. Johnson & Johnson reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Gene J. Puskar, File)
October 15, 2019 - 5:02 am
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson's third-quarter profit jumped 23%, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier. The world's biggest maker of health care products also...
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This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke)
October 15, 2019 - 4:15 am
NEW YORK (AP) — JPMorgan Chase & Co. says profits grew by 8% in the third quarter compared with a year earlier, helped partly by higher interest rates and a better-than-expected performance in its investment banking business. The nation's largest bank by assets said it earned $9.08 billion, or...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Jim Mone, File)
October 15, 2019 - 3:17 am
MINNEAPOLIS (AP) — UnitedHealth is reporting a 7% increase in revenue for the third quarter and it's raising its outlook for the year. The largest U.S. health insurer posted earnings of $3.54 billion, or $3.67 per share. Earnings, adjusted for one-time gains and costs, were $3.88 per share, which...
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Police officers cross a wall at a crime scene in Halle, Germany, Wednesday, Oct. 9, 2019 after a shooting incident. A gunman fired several shots on Wednesday in the German city of Halle. Police say a person has been arrested after a shooting that left two people dead. (Sebastian Willnow/dpa via AP)
October 14, 2019 - 11:04 pm
BERLIN (AP) — Germany's security services are seeking greater powers to fight the kind of far-right extremism behind last week's synagogue attack, including requiring internet companies to report illegal hate speech. The heads of Germany's domestic intelligence service BfV and the Federal Criminal...
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General Motors employees picket outside the Fairfax Assembly Plant in Kansas City, Kan. during the nationwide UAW strike against GM, Wednesday, Oct. 9, 2019. (AP Photo/Charlie Riedel)
October 14, 2019 - 12:46 pm
DETROIT (AP) — With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement. After both sides exchanged barbs late last week, bargainers met late into the night during the weekend, and they've returned in the morning,...
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October 14, 2019 - 3:04 am
BEIJING (AP) — China's auto sales sank 6.3% from a year earlier in September, putting the market on track to shrink for a second straight year at a time when brands are spending heavily to meet government targets to develop electric cars. The China Association of Automobile Manufacturers, an...
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