Earnings Report

Many of these products had already seen a price hike in 2018.

U.S. stocks dipped in early trading Friday to join a worldwide drift lower as concerns remain high about global trade and the strength of the economy.

Quarterly reports from Mattel and Hasbro show that while the demise of Toys R Us has shaken up the industry, the two dominant toymakers' paths are diverging less than a year later.

Hasbro Inc. on Friday reported fourth-quarter net income of $8.8 million, after reporting a loss in the same period a year earlier.

Liverpool has reported pre-tax profit rising to a record 125 million pounds ($162 million), fueled by last season's run to the Champions League final.

Hasbro lost sales from the collapse of retailer Toys 'R' Us and a challenging retail environment in the UK.

Expedia Group Inc. boosted fourth-quarter revenue by selling more hotel rooms and airline tickets, but write-downs pushed profit down 69 percent, to $17 million.

The company topped Wall Street’s expectations across the board, with a same-store sales increase of more than 6 percent, driven in part by higher menu prices, and $1.23 billion in fourth-quarter revenue.

Sprint and T-Mobile will defend their $26.5 billion merger in front of two House panels in February.

Taco Bell recorded its strongest growth in same-restaurant sales in seven quarters.

Twitter reported quarterly profit, excluding some items, of 31 cents per share.

The streaming service’s subscriber base has roughly doubled since last September.

The company said it now expects 2019 adjusted earnings per share of between $5.55 and $5.65.

Fourth-quarter profits and guidance at GM exceeded Wall Street expectations.

Strong results from Disney’s media networks, which includes ESPN and other properties, helped fuel the earnings beat.