The drop was sparked by Tuesday night’s second-quarter report, which beat Wall Street’s earnings targets (as usual) but also delivered a rare miss against top-line revenue estimates. Time Warner stock fell nearly 9%, or $7.85, to $79.80 a share on Wednesday.
Tensions came to the fore at the ongoing East Asia and Asean Foreign Ministers Meeting in Malaysia, with countries including USA, India, Japan and Australia expressing deep concern over China’s territorial claim and creation of artificial islands in the South China Sea...
The vehicle faced its first competitive outing at Le Mans back in June, but struggled throughout the race thanks to the car’s relative lack of development and unforeseen issues during the race. Terminal issues with the team’s vendor-supplied ERS system forced its...
Sources told Bloomberg News that investigators have traced the latest attack to the same group of China-linked hackers who perpetrated the Anthem, OPM and United hacks, and that some elements are consistent with those observed in the OPM hack. O and travel reservations platform...
Top Wall Street banks still expect the Federal Reserve to raise interest rates in September, but a growing number now believe the central bank is likely to only hike once this year, a Reuters poll found on Friday.
Harper said U.S. President Barack Obama never requested Canada take steps on climate change in exchange for Keystone approval, and reiterated a future president will eventually approve the pipeline. A surprise performance by one of the leaders could shake loose votes and set the...
Gold’s marking time ahead of the U.S. employment report “may be the calm before the storm, with probability calling for another leg lower to the 2010 low of $1,044”, according to technical analysts at ScotiaMocatta.