Nissan Motor Co Ltd reported a 70% profit drop on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker was hit by falling sales that highlight its ongoing turmoil after the ouster of former head Carlos Ghosn.
Nissan Motor Co reported a 70% drop in quarterly profit on Tuesday and cut its full-year forecast to an 11-year low, hit by a strong yen and falling sales, and highlighting the turmoil at the Japanese automaker after the ouster of Carlos Ghosn.
World shares inched higher on Tuesday as investors awaited a speech by President Donald Trump on U.S. trade policy and on news he was likely to delay a decision on European auto tariffs.
Auto suppliers Continental and Osram plan deeper cost cuts after reporting weaker results on Tuesday, as a global slowdown hits the car industry.
Cowen named retailers Target and Walmart its top holiday picks, in what it calls an "inequitable" holiday season "where value matter most."
Tyson Foods Inc fell short of Wall Street estimates for quarterly sales on Tuesday, as the No.1 meat processor in the United States was hit by weakness in its beef business, its biggest segment, due to a drop in cattle processing capacity.
German lighting group Osram has urged its shareholders to back a $5 billion takeover bid from Austria's AMS after a previous offer at the same price failed last month to win enough backing to proceed.
The top five most regretted majors span the arts and sciences — English, communications, biological sciences and law all made the list, according to a recent ZipRecruiter survey.
A majority of the most wealthy investors around the world are bracing for a big sell-off next year, according to a UBS survey.
The registered investment advisor industry has attracted the attention of private equity investors, thanks to good growth, high profit margins, consistent cash flow and low capital needs.
D.R. Horton Inc topped expectations for profit and revenue in the fourth quarter and forecast 2020 home sales above analysts' estimates, as cheaper mortgage rates buoyed demand from buyers, sending shares in the biggest U.S. homebuilder up 3%.
German prosecutors on Tuesday filed charges against a current Volkswagen manager as well as a former manager and two former board members, accusing them of a breach of fiduciary trust in connection with salary awards to works council members.
Tyson Foods Inc fell short of Wall Street estimates for quarterly sales and profit on Tuesday as a fire at one of its slaughterhouses hit volumes in its beef business, the company's biggest segment.
SunTrust initiated coverage on Biogen and Amgen on Tuesday, saying solid drug pipelines and growth opportunities in China will drive outperformance.
CNBC's 2019 Upstart 100 list showcases young start-ups from around the world that are building and scaling businesses addressing the rapidly changing technological era we live in.