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Bombardier to sell aerostructures business to Spirit AeroSystems

Canada's Bombardier said on Thursday it had agreed to sell its aerostructures business to Spirit AeroSystems for more than $1 billion in cash and debt.



6 years ago

Estee Lauder cuts profit forecast, blames HK and China

Estee Lauder Cos Inc cut its forecast for full-year profit on Thursday, citing an array of political and economic risks including ongoing protests in Hong Kong, Brexit and slowing growth in China.



6 years ago

NYSE-owner ICE profit beats estimates; transaction, data units shine

Intercontinental Exchange Inc , which owns the New York Stock Exchange, beat analysts' estimates for third-quarter profit on Thursday, buoyed by strength in its trading and clearing business and data services unit.



6 years ago

Futures drop as U.S.-China trade worries resurface

U.S. stock index futures fell on Thursday as uncertainty around a potential trade deal between the United States and China overshadowed strong earnings reports from Apple and Facebook.



6 years ago

Conte says crucial to keep jobs, plants in Italy in FCA-PSA deal

Italy's Prime Minister Giuseppe Conte said that merger plan between Peugeot owner PSA and Fiat Chrysler Automobiles must keep jobs and factories in Italy, Italian media reported on Thursday.



6 years ago

Greek airline Sky Express partners with Qatar Airways

Greek airline Sky Express said on Thursday it had signed an agreement with Qatar Airways to cooperate on flights connecting Doha with the Greek islands, in a boost to the country's key tourism industry.



6 years ago

Price cuts, iPhone 11 timing drive Apple's uncertain China rebound: analysts

Apple Inc managed to largely stem a fall in China revenue in the September quarter thanks to the release-timing of the iPhone 11, a cheaper variant, and a bit of good luck, but analysts said the company's good fortunes might be shortlived.



6 years ago

Here's what every major analyst said about Apple's better-than-expected earnings report

The major Wall Street analysts said Apple's earnings report was better than they expected and are bullish on the company heading into the holiday season.

6 years ago

Encana plans move to the U.S., changes name

Canadian oil and gas producer Encana Corp said on Thursday it will redomicile to the U.S. and change its name to Ovintiv Inc.



6 years ago

Thomson Reuters operating profit tops Wall Street estimates

Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.



6 years ago

Bristol-Myers posts better-than-expected results, Opdivo growth slows

U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer treatment Opdivo slowed.



6 years ago

SNC-Lavalin names Ian Edwards as CEO

SNC-Lavalin Group Inc said on Thursday it named interim head Ian Edwards as its chief executive officer.



6 years ago

Trade war fears are spoiling Apple's great quarter as stock is just slightly higher

The tech giant just reported stronger-than-expected earnings for the fourth quarter, but its stock is up only slightly.

6 years ago

Altria takes $4.5 billion charge as Juul investment sours amid vaping backlash

Altria Inc took a $4.5 billion hit from its investment in electronic-cigarette maker Juul Labs Inc on Thursday as it faced up to the financial fallout of a regulatory crackdown on the vaping industry this year.



6 years ago

Ukraine decries Nord Stream 2 approval, says it weakens Europe

Denmark's decision to approve the Nord Stream 2 gas pipeline, designed by Moscow to bypass Ukraine, strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday.



6 years ago