International Companies
Netflix shares leap following third-quarter earnings beat
Netflix shares surged as much as 12% in after-hours trading following the release of its third-quarter earnings on Tuesday.
Audi to pay €800m fine in diesel emissions scandal
Audi has agreed to pay an €800m fine, closing a probe into Volkswagen’s diesel emissions scandal that has already cost the company around €27bn.
Facebook to make political 'dark ads' transparent to users
Facebook will introduce a tool to reveal to users what British political groups are behind the “dark ads” on their site in order to inform them of what parties and pressure groups are paying to influence their vote.
Morgan Stanley's third-quarter numbers beat the Street
Investment banking giant Morgan Stanley turned in a quarterly report card that topped analysts' expectations for both earnings and revenues on Tuesday.
Strong demand for cancer drugs boosts Johnson & Johnson
America’s Johnson & Johnson, the world’s largest healthcare company, narrowly beat analysts' forecasts after strong demand for its cancer drugs bolstered third-quarter sales.
Walmart cuts earnings outlook on Flipkart acquisition
Walmart downgraded its 2019 earnings forecast on Tuesday to account for its acquisition of Indian e-commerce company Flipkart earlier this year.
Goldman Sachs soundly beats third quarter forecasts
Wall Street banking giant Goldman Sachs beat analysts' forecasts for its third quarter earnings on the back of a stronger-than-expected performance from its investment banking arm.
Volvo discovers faulty emissions component; shares tumble
Shares in Volvo Group have crashed after it warned of possibly “material” costs following the discovery that some engines could be exceeding emissions limits.