 | | | | Apple won back its crown as the most valuable publicly listed U.S. company on Wednesday, ending the session with a market capitalization above recent leaders Microsoft and Amazon.com. | | | | | | Chipotle Mexican Grill Inc topped Wall Street estimates for quarterly profit as the fast-food chain lured diners with new promotions and online orders spiked, sending its shares up 5 percent in after-hours trading on Wednesday. | | | | | | The Australian dollar tumbled on Wednesday after the country's central bank signaled a possible interest-rate cut in the latest indication that a global economic slowdown is tilting policymakers toward looser monetary policy, while a gauge of world equity markets edged off two-month highs. | | | | | | General Motors Co on Wednesday reported a quarterly profit that exceeded Wall Street expectations, thanks to high-margin pickup trucks and small SUVs in the U.S. market and cost cutting. | | | | | | U.S. stocks edged lower on Wednesday as videogame makers gave disappointing revenue forecasts and investors awaited developments on U.S.-China trade relations. | | | | | | GoPro Inc reported its first profit in five quarters on Wednesday and topped Wall Street estimates for revenue, as it cut costs and saw strong demand for HERO 7 action cameras, the cheapest so far in its flagship line. | | | | | | Zynga Inc on Wednesday forecast quarterly bookings above analysts' estimates after beating expectations for the fourth quarter, suggesting that the game developer was benefiting from its mobile push. | | | | | | Tesla Inc said on Wednesday it was lowering the price of its Model 3 sedan for the second time this year, moves that come in the wake of Tesla losing a tax credit that made its cars more affordable for U.S. buyers. | | | | | | Siemens and Alstom's plan to create a European rail champion collapsed on Wednesday after EU regulators blocked the deal, prompting Germany and France to call for an overhaul of EU competition policy to better meet global challenges. | | | | | | The European Commission's decision to block a tie-up between Alstom and Germany's Siemens is fueling speculation over possible merger talks between the French rail business and Canada's Bombardier, lifting both companies' shares on Wednesday. | | | | | | Germany will seek to reform competition law during its European Union presidency in 2020, a government source told Reuters on Wednesday, hours after antitrust regulators blocked a rail deal between Siemens and Alstom. | | | | | |
