Latest Corporate stock News

FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York.  Pfizer is reporting a $306 million loss for the fourth quarter after it shifted its consumer health business into a joint venture last year. It narrowly Wall Street expectations for net income when nonrecurring events are removed. The biggest US drugmaker on Tuesday, Jan. 28, 2020 reported a net loss of  6 cents per share.   (AP Photo/Mark Lennihan, File)

Pfizer posts 4Q loss, misses Street views, on lower revenue

Jan. 28, 2020 9:44 AM EST

Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and a slight miss of Wall Street's profit expectations. The biggest U.S. drugmaker, which is divesting lower-profit segments to focus on its more lucrative new prescription drugs business, on...

FILE - In this Jan. 17, 2019 file photo, Frederic Lissalde, President and CEO, of BorgWarner speaks at the Automotive News World Congress in Detroit.  The auto parts supplier BorgWarner is acquiring Delphi Technologies in an all-stock deal, Tuesday, Jan. 28, 2020.  Lissalde will lead the combined company, which will be based at BorgWarner's headquarters in Auburn Hills, Mich.  (AP Photo/Paul Sancya)

BorgWarner to buy rival auto parts supplier Delphi for $3.3B

Jan. 28, 2020 8:34 AM EST

AUBURN HILLS, Mich. (AP) — Auto parts supplier BorgWarner is acquiring Delphi Technologies in an all-stock deal valued at approximately $3.3 billion, partly to help strengthen its power electronics products. Delphi Technologies PLC shareholders will receive a fixed exchange ratio of 0.4534 shares of...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 28, 2020. Asian shares continued to fall Tuesday, dragged down by worries about an outbreak of a new virus in China that threatens global economic growth. (AP Photo/Ahn Young-joon)

Stock markets stabilize after selloff over China virus

Jan. 28, 2020 8:09 AM EST

TOKYO (AP) — European stock markets and U.S. futures edged higher after another day of losses in Asia on Tuesday amid worries over the expanding outbreak of a new virus in China. France's CAC 40 rose 0.5% to 5,893 , while Germany's DAX rose 0.4% to 13,253. Britain's FTSE 100 was up 0.5% at 7,447. U.S....

A currency trader wearing a mask watches a calendar at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 28, 2020. Asian shares continued to fall Tuesday, dragged down by worries about an outbreak of a new virus in China that threatens global economic growth. (AP Photo/Ahn Young-joon)

Asian shares sink on mounting worries over China outbreak

Jan. 27, 2020 11:30 PM EST

TOKYO (AP) — Asian shares skidded again Tuesday on deepening worries over the expanding outbreak of a new virus in China. Markets in Hong Kong and mainland China were closed Tuesday for Lunar New Year holidays, while South Korea's benchmark tumbled 3.4% to 2,170.88 as it reopened after its own holidays. ...

People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Jan. 24, 2020. Shares are mostly higher in quiet trading as China closes down for its week-long Lunar New Year festival. (AP Photo/Eugene Hoshiko)

Stocks rise as virus in China not declared global emergency

Jan. 24, 2020 7:25 AM EST

BANGKOK (AP) — Global stock markets rose Friday after the outbreak of a new virus in China that that has killed 25 people and led to transport limits in several cities was not declared a global emergency. Germany's DAX gained 1.4% to 13,577 while the CAC 40 in Paris rose 1.1% to 6,038, helped also by a...

People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Jan. 24, 2020. Shares are mostly higher in quiet trading as China closes down for its week-long Lunar New Year festival. (AP Photo/Eugene Hoshiko)

Asian markets gain as China closes down for Lunar New Year

Jan. 24, 2020 12:08 AM EST

BANGKOK (AP) — Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Japan's Nikkei 225 index rose less than 0.1% to 23,811.54 and in...

Son of ex-US Rep. Christopher Collins spared prison

Jan. 23, 2020 7:04 PM EST

NEW YORK (AP) — The son of former U.S. Rep. Christopher Collins was spared a prison sentence Thursday after pleading guilty in an insider trading conspiracy with his father. U.S. District Judge Vernon Broderick ordered 27-year-old Cameron Collins to serve 500 hours of community service over the next five...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 23, 2020. Asian shares are mostly higher as health authorities around the world move to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. (AP Photo/Ahn Young-joon)

Asian shares higher despite growing impact of China virus

Jan. 23, 2020 12:42 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that...

FILE - In this Jan. 19, 2020, file photo Elon Musk, founder, CEO, and chief engineer/designer of SpaceX speaks during a news conference at the Kennedy Space Center in Cape Canaveral, Fla. The meteoric rise of Tesla shares that pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk. (AP Photo/John Raoux, File)

Tesla passes $100 billion, teeing up big payout for Musk

Jan. 22, 2020 4:55 PM EST

DETROIT (AP) — The meteoric rise of Tesla shares that recently pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk. Stock in Tesla Inc. rose another 4.1% Wednesday, pushing the market value of the electric vehicle and solar panel maker past a critical...

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)

Stocks mostly recover on hope for handling of Chinese virus

Jan. 22, 2020 10:57 AM EST

BANGKOK (AP) — World share prices mostly rose Wednesday as confidence increased in China's handling of an outbreak of a new virus that has infected more than 500 people, with 17 confirmed deaths. The CAC 40 in Paris was up 0.1% at 6,053, while Germany's DAX picked up 0.2% to 13,583. Britain's FTSE 100...