CFRA upgrades General Motors to Hold following Q1 beat and raise

CFRA Research upgraded General Motors (NYSE:GM) to a Hold rating (from Sell) and raised their price target on the stock…

Raytheon’s profit rises on China aviation boost

(Reuters) – Raytheon Technologies (NYSE:RTX) Corp reported a 4% rise in quarterly adjusted profit on Tuesday, as the aerospace and…

Halliburton beats quarterly profit estimates as pricing improves

(Reuters) – Oilfield firm Halliburton (NYSE:HAL) Co on Tuesday reported a first-quarter profit that topped Wall Street estimates as a…

EU gives green light to revamp of Europe’s main climate policy

(Reuters) -EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe’s carbon market, which…

Oil slips on economic uncertainty, despite China hopes

(Reuters) – Oil slipped on Tuesday after two sessions of gains as uncertainty about the global economic outlook and a…

UBSG: UBS Sees Profit Shrink by 52% but Gains $28bn of New Money

You can’t have your cake and eat it too, the quarterly report of Swiss megabank UBS just confirmed. UBS reported…

PepsiCo raises annual forecasts on buoyant demand, price hikes

PepsiCo (NASDAQ:PEP) Inc on Tuesday raised its annual sales and profit forecasts after beating first-quarter revenue estimates on the back…

Spotify’s monthly active users top 500 million, beat estimate

(Reuters) – Spotify Technology SA (NYSE:SPOT) has crossed the half billion mark for monthly active users for the first time, helped by…

Oil edges up on China demand hopes, US inventories in focus

(Reuters) – Oil edged higher on Tuesday, on track for a third day of gains, supported by investor optimism that…

Gold rises on softer dollar, markets look beyond Fed rate hikes

Gold prices rose on Tuesday, extending a recovery into a third straight session as the dollar fell amid bets that…