Author Archives: Syndicated Content
Visa profit falls 23% as payment volumes plunge
By Imani Moise and Niket Nishant (Reuters) - Visa Inc missed Wall Street estimates for fourth quarter profit on Wednesday, as high unemployment due to the coronavirus-induced recession continued to we...
Oct 28, 2020
Trump pulls statistically even with Biden in Florida; Arizona is a dead heat: Reuters/Ipsos
By Jason Lange WASHINGTON (Reuters) - President Donald Trump has pulled into a virtual tie with Democratic challenger Joe Biden in Florida, just a week after the former vice president held a narrow le...
Oct 28, 2020
Ford posts stronger-than-expected quarterly profit, expects full-year pretax profit
By Ben Klayman and Paul Lienert DETROIT (Reuters) - Ford Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year preta...
Oct 28, 2020
EBay beats quarterly profit estimates, forecasts current-quarter sales above expectations
(Reuters) - EBay Inc's quarterly profit topped Wall Street expectations on Wednesday and the e-commerce company forecast fourth-quarter sales above estimates, as people staying at home due to the COVI...
Oct 28, 2020
U.S. designates Chinese body a foreign mission, quits local cooperation agreement
WASHINGTON (Reuters) - The United States said on Wednesday it was designating a U.S. branch of a Chinese government-controlled organization as a foreign mission and withdrawing from an agreement to pr...
Oct 28, 2020
Osteoporosis drug helps Amgen third-quarter profit beat estimates
By Deena Beasley (Reuters) - Amgen Inc on Wednesday said its third-quarter adjusted profit rose 17% due to stronger sales of drugs including the osteoporosis treatment Prolia and recently-acquired pso...
Oct 28, 2020
Gilead quarterly revenue rises 17% on remdesivir sales
(Reuters) - Gilead Sciences Inc reported a 17% rise in quarterly revenue on Wednesday, helped by sales of its antiviral drug remdesivir, the first and only treatment approved in the United States for ...
Oct 28, 2020
Coronavirus sweeps through Milan's La Scala opera house
MILAN (Reuters) - The coronavirus is battering Milan's prestigious La Scala opera house, with 18 singers and nine musicians testing positive for the disease, an official said on Wednesday. All the mem...
Oct 28, 2020
Pinterest beats quarterly sales estimates
(Reuters) - Image-sharing company Pinterest Inc beat Wall Street estimates for third-quarter revenue on Wednesday, helped by a rebound in spending on advertisement by businesses after a deep slump in ...
Oct 28, 2020
SoftBank attempted to delay WeWork's $3 billion share purchase: court filing
By Joshua Franklin and Anirban Sen (Reuters) - SoftBank Group CEO Masayoshi Son told the executive he tasked to turn around WeWork after its botched initial public offering to "use whatever excuse" to...
Oct 28, 2020
