Earnings

News Corp Revenue Slides

News Corp's revenue fell for the fourth quarter in a row, hurt by a stronger dollar and dwindling advertising revenue in its core news and information services business, which includes Dow Jones and the Wall Street Journal.

ConocoPhillips 4Q Loss, Slashes Dividend

ConocoPhillips reported a much bigger quarterly loss, hurt by impairment charges, and slashed its dividend as the relentless fall in crude oil prices takes a toll on the largest U.S. independent oil and gas company.

Merck Revenue and Profit Falls

Merck posted declines in sales and profit as the pharmaceutical giant gave revenue projections below analyst forecasts and earnings expectations on the lower end of them.

Yahoo Plans to Cut 15% of Workforce

Yahoo Inc reported a 15 percent fall in adjusted quarterly revenue as it struggles to keep its share of online search and display advertising in the face of tough competition from Facebook Inc and Alphabet Inc's Google.