Earnings Report

Earnings, adjusted for asset impairment costs, were 35 cents per share.

Shares were moving high in the premarket and will add to gains in the Dow Industrial Average when the market opens.

The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share.

The drugmaker is facing criticism over the high cost of its latest treatment.

Earnings also influenced Wall Street. UnitedHealth Group on Thursday raised its 2019 profit outlook after beating estimates for financial results through June.

Morgan Stanley's 2Q results beat on both the top and bottom lines.

While new streaming services such as Disney Plus and HBO Max are set to challenge Netflix’s dominance of the sector in the coming months, company executives said they did not believe competition was a major factor.

UnitedHealth Group's 2Q results topped estimates on both the top and bottom lines.

Netflix added 2.7 million paid subscribers internationally, compared with analysts' estimate of 5.05 million, according to IBES data from Refinitiv.

The carrier has extended the potential for flight cancellations from the Max grounding until Nov. 3.

Wall Street also noted the less-than-spectacular quarterly results of several major corporations.

Stories moving the markets and shaking up the world.

Bank of America reported higher profit on loan growth.

he company raised its 2019 forecast for operational sales.