Amgen beats 4Q net income and revenue expectations
Amgen Inc. cruised to a 27 percent jump in fourth-quarter profit and beat Wall Street expectations, due to higher sales of nearly all its medicines, tight cost controls and a tax benefit.
Hyundai Motor reports 22percent drop in 4Q earnings as emerging market currencies fell
Hyundai Motor Co. suffered a drop in quarterly earnings and is forecasting weak sales growth this year.
AbbVie shares slip after drugmaker issues 2015 earnings forecast deemed conservative
The price of AbbVie shares dipped early Friday after the drugmaker delivered what some analysts saw as a conservative forecast for 2015 earnings growth.
CVS Health raises quarterly dividend, forecasts 2015 earnings growth
CVS Health will raise its quarterly shareholder payout by 27 percent, and the nation's second-largest drugstore chain also said Tuesday that it expects another year of earnings growth in 2015.
Business events and economic reports scheduled for the coming week
All times are Eastern MONDAY, Nov. 24 BERLIN — Germany's Ifo institute releases its monthly business confidence index, a key indicator for Europe's biggest economy.
Best Buy reports unexpected sales gain in 3Q as holiday shopping season kicks off
Best Buy says its revenue edged up in the third quarter, a positive sign for the electronics retailer as the holiday season kicks off.
Halliburton, Allergan, Celldex, Exterran and Amicus Therapeutics are big market movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Halliburton Co., down $5.85 to $49.23 The oilfield services company is buying rival Baker Hughes Inc. in a cash-and-stock deal worth $34.6 billion as oil prices tumble.
Halliburton, Hertz, Nokia, Geron and Amazon are big market movers
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Halliburton Co., up $1.29 to $55.08 The oilfield drilling and services company and its rival Baker Hughes Inc. are discussing a possible merger deal.
Orexigen Therapeutics rises as European Union review of weight loss drug continues
Shares of Orexigen Therapeutics Inc. jumped Monday after the company said a European Union review of its weight loss drug Contrave, which was approved in the U.S. in September, is progressing on schedule.
Tesla delivers record 7,785 sedans in 3Qm, but loss widens on engineering costs
Electric car maker Tesla Motors set a quarterly record for deliveries of its Model S sedan, but its losses mounted due to increased engineering costs.
Swiss drug maker Novartis posts 45 percent 3Q profit rise
Swiss pharmaceutical giant Novartis AG has posted a 45 percent rise in net profit in the third quarter, boosted by strong sales of new products such as Gilenya for multiple sclerosis and the leukemia drug Tasigna.
Amgen beats 3Q net income and revenue expectations despite $376M in restructuring costs
Amgen announced Monday that its earnings fell in the third quarter on charges from an ongoing restructuring effort, but the biotech drugmaker's adjusted results still surpassed Wall Street.
Ford profit fall in third quarter on costs for launching new F-150
Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year.
General Motors 3Q profit nearly doubles on strong performance in N. America, China
General Motors says its third-quarter profit nearly doubled as strong earnings in North America and China outweighed struggles in Europe and South America.
Philip Morris Int'l 3Q profit falls 8 pct on lower cigarette sales, unfavorable exchange rates
Philip Morris International's third-quarter profit dropped 8 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.
Tesla, PepsiCo, Ventas and Symantec are big market movers
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE PepsiCo Inc., up $1.08 to $94.65 The soda and snack maker's stock extended its gains after it reported a rise in third-quarter profit earlier this week.
Best Buy beats 2nd-quarter net income expectations, misses revenue forecasts
Best Buy Co. (BBY) on Tuesday reported fiscal second-quarter earnings of $146 million.
Wal-Mart 2Q profit rises roughly 1 percent
Wal-Mart Stores Inc. (WMT) on Thursday eked out a 0.6 percent profit increase in its fiscal second quarter.
SeaWorld, Macy's, King Digital, Deere, and Amazon are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE SeaWorld Entertainment Inc., down $9.25 to $18.90 The theme park and entertainment company reported worse-than-expected quarterly financial results and cut its full-year guidance.
