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Latest Earnings is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

S&P 500 could slide 9% - Johnson
Tue, 23 Jul 2019 15:23:00 -0400 - The S&P 500 crossed above 3,000 Tuesday, but Piper Jaffray's Craig Johnson sees the index sliding to 2725 by year's end. He tells Reuters' Fred Katayama the markets are losing momentum.
Alibaba opens up to American sellers
Tue, 23 Jul 2019 15:08:28 -0400 - Chinese e-commerce giant Alibaba Group will now allow small businesses in the United States to sell on, in an effort to tap into the $23.9 trillion business-to-business e-commerce market and fend off fierce competition from rivals like
Breakingviews TV: Apple chips
Tue, 23 Jul 2019 13:40:02 -0400 - The iPhone maker is mulling a bid for Intel’s modem-chip unit. Making more components in house could help boss Tim Cook boost margins. Even better, explains Robert Cyran, it could reduce the company’s royalty payments to Qualcomm, a big bone of contention between the firms.
Coffee perks up Coca-Cola's sales
Tue, 23 Jul 2019 12:10:15 -0400 - Coca-Cola's push beyond sugary sodas helped boost the company's profit and sales. As Fred Katayama reports, the beverage giant also raised its organic revenue forecast for the full year.
Heathrow boss confident new runway will go ahead
Tue, 23 Jul 2019 11:27:37 -0400 - The boss of London's Heathrow Airport said on Tuesday that construction of its new runway would go ahead despite incoming Prime Minister Boris Johnson's long-standing opposition to the expansion of Britain's biggest airport. Francis Maguire reports.
Want a yacht? Head for Poland, not the Riviera
Tue, 23 Jul 2019 11:18:40 -0400 - EU figures show that Poland now accounts for more than half of the bloc's exports of luxury yachts. Julian Satterthwaite reports.
Huawei first-half revenue up about 30% despite U.S. ban - Bloomberg
Tue, 23 Jul 2019 11:04:33 -0400 - Huawei's revenue grew roughly 30% in the first half despite U.S. technology export restrictions, according to Bloomberg on Tuesday. David Pollard reports.
Down to earth: China's STAR market reverses huge gains
Tue, 23 Jul 2019 10:16:31 -0400 - The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires. Francis Maguire reports.
Camel dung fuels cement production in UAE
Tue, 23 Jul 2019 08:28:25 -0400 - Thousands of tonnes of camel dung are being used to fuel cement production in the northern United Arab Emirates, cutting emissions and keeping animal waste out of landfill.
China's hog crisis: U.S. farmers look to cash in
Tue, 23 Jul 2019 07:27:42 -0400 - The devastating impact of African swine fever on the Chinese pork industry is trumping concerns about trade wars and tariffs, and has U.S. farmers hoping to cash in on China's appetite for pork. Francis Maguire reports.
Earnings: UBS defies gloom, Santander feels Popular pain
Tue, 23 Jul 2019 07:16:24 -0400 - UBS delivered its best second-quarter results in nearly a decade on Tuesday, but Spanish lender Santander reported an 18% fall in net profits on costs from its acquisition of Banco Popular and a weak performance in Britain. David Pollard reports.
Huawei laying off majority of U.S. unit - source
Mon, 22 Jul 2019 18:36:25 -0400 - Futurewei Technologies Inc, the U.S. research arm of China’s Huawei Technologies Co Ltd, began laying off workers on Monday, according to employees including one who spoke to Reuters as he left the company’s Silicon Valley campus.
Wall Street gains on rate cut hopes
Mon, 22 Jul 2019 16:40:08 -0400 - The S&P 500 ended higher on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon this week. Fred Katayama reports.
Fed easing could boost value stocks - Stone
Mon, 22 Jul 2019 15:30:37 -0400 - Value stocks have underperformed growth stocks in the last decade, but Avalon Advisors chief investment strategist Bill Stone tells Reuters' Fred Katayama why he thinks value could soon gain traction.
Trump to "find out" about Huawei's ties to NK
Mon, 22 Jul 2019 13:39:18 -0400 - President Trump says he will look into reported ties between Huawei Technologies and North Korea. Rough Cut (no reporter narration).
Breakingviews TV: Cheap data
Mon, 22 Jul 2019 13:02:52 -0400 - Equifax is paying some $800 mln to resolve its 2017 breach of financial information. Yet as Robert Cyran explains, that includes less than $3 in compensation for each of the nearly 150 million Americans affected – a sum that does little to encourage tighter security.
Equifax to pay up to $700 mln for data breach
Mon, 22 Jul 2019 12:45:45 -0400 - Equifax has agreed to pay up to $700 million, beef up its security, and make it easier for affected consumers to freeze their credit as a part of a settlement announced by authorities on Monday, which will end numerous probes and legal actions revolving around one of the largest data breaches in U.S. history.
Microsoft invests $1 bln in OpenAI
Mon, 22 Jul 2019 12:15:34 -0400 - Microsoft said it's investing $1 billion in San Francisco-based OpenAI to develop artificial intelligence supercomputing technologies on its cloud computing service. Fred Katayama reports.
Philips sales spurred by rising Chinese healthcare spending
Mon, 22 Jul 2019 10:22:58 -0400 - Rising healthcare spending by the Chinese government helped Dutch health technology company Philips post better-than-expected sales growth for the second quarter, putting its shares among the top performers in Europe on Monday. Francis Maguire reports.
A stellar debut: shares rocket on China's STAR Market
Mon, 22 Jul 2019 07:11:09 -0400 - Trading on China’s new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, sending shares up as much as 400% for the day, and far exceeding the expectations of veteran investors braced for a wild ride. Francis Maguire reports.

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