United Technologies Corp Chief Financial Officer Neil Mitchill said he expects 2020 operating profit at the U.S. aircraft parts maker's Collins Aerospace unit, its biggest, to be hurt largely due to the grounding of Boeing Co's 737 MAX aircraft.
U.S. stock indexes were on track to recover on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on fears that a coronavirus outbreak could hit global economic growth.
From fees and when to invest to the best way to invest in a target-date fund, people make a lot of mistakes when it comes to investing. Expensive mistakes.
Lockheed Martin Corp reported a better-than-expected quarterly profit on Tuesday and forecast 2020 revenue above analysts' estimates, as the Pentagon's No.1 weapons supplier benefited from heightened geopolitical tensions in the Middle East.
There are too many unknowns about the worsening coronavirus outbreak to start buying stocks after Monday's worst market slide since October, said CNBC's Jim Cramer.
U.S. stock indexes opened higher on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on concerns that a coronavirus outbreak in China could hit global economic growth.
Xerox Holdings Corp on Tuesday posted a better-than-expected quarterly profit as it kept a tight lid on costs and said it plans to follow through with its $33 billion bid to buy rival HP Inc .
New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and was a drag on economic growth.
Here's what a big drop in the stock market means for you, depending on your age.
U.S. stocks rose on Tuesday as gains in technology and financial shares helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on global growth.
Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain's 5G mobile network on Tuesday, resisting U.S. pressure to exclude the Chinese company from next generation communications over fears Beijing could use them to spy.
Britain's Foreign Secretary Dominic Raab said intelligence sharing would not be jeopardized by Tuesday's decision to allow China's Huawei [HWT.UL] a role in building the country's 5G telecoms network.
One potential side effect of the U.S. Federal Reserve's efforts to pump liquidity into the banking system and avoid further unwanted surges in short-term borrowing rates: The central bank may soon have to take measures to keep interest rates from getting too low.
3M CEO Mike Roman said the company is seeing increased demand for its respiratory protection products due to coronavirus.
Adidas will launch new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative, the sportswear firm said on Tuesday.