Labour hedge fund donor’s profits drop 76% after restructure

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - October 30

Standard Chartered lifts income guidance again after beating third-quarter profit forecasts

The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.

Business - CNBC - 6 days ago

Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance

Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.

Business - CNBC - 6 days ago

Reddit stock price soars after social media player reports rare profit

Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.

Estée Lauder’s stock heads for record selloff after profit warning, dividend cut

Consumer sentiment in China worsened, driving weak prestige beauty and Asia travel retail sales.

Business - MarketWatch - 5 days ago

Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal

Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.

Business - MarketWatch - 4 days ago

Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities

Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.

Business - MarketWatch - October 15

Texas judge won't drop lawsuit after commission rescinds LGBTQ rights warning

A Texas judge said she will not drop her lawsuit against a state commission that publicly sanctioned her for refusing to officiate at same-sex weddings.

Treasury yields jump after better-than-expected retail sales, drop in jobless claims

U.S. Treasury yields were higher on Thursday as investors parsed the latest economic data.

Business - CNBC - October 17

CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena

Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...

Business - MarketWatch - October 17

Patriots' Ja'Lynn Polk says he has 'best hands in the league' after Jerod Mayo criticizes his drops

Mayo called out the rookie receiver, who has developed a drop problem

Sports - CBS Sports - October 17

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