NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday as investors looked past lackluster quarterly reports from industrial bellwethers Boeing Co (BA.N) and Caterpillar Inc (CAT.N), though a lower-than-expected revenue outlook from Texas …
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Digging through old data to salvage a seemingly failed Alzheimer's drug paid off big time for Biogen Inc., but at least one of its rivals has no plans to
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Earnings, revenue grow by double-digit percentages yet again, but stock slips slightly as Azure growth rate falls lower than 60%. Bloomberg News/Landov. Microsoft Corp. reported fiscal first-quarter earnings Wednesday afternoon. Author photo. By …
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Europe’s largest lender HSBC reported third-quarter pre-tax profits that fell from a year ago, despite strength in its Asia operations. The bank said its reported profit before tax plunged 18% on-year to $4.8 billion in the three months that ended in September.
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(Reuters) – PayPal Holdings Inc (PYPL.O) reported a better-than-expected quarterly profit on Wednesday as more people used its payment processing platform to make transactions and forecast full-year adjusted profit above Wall Street estimates. Shares of …
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