 | | | | Advanced Micro Devices Inc forecast current-quarter revenue below analysts' estimates on Tuesday, as demand wanes from console makers ahead of new launches. | | | | | | OxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in a probe of illegal kickbacks from drugmakers, according to people familiar with the matter. | | | | | | EBay Inc forecast first-quarter revenue below Wall Street targets on Tuesday, as the e-commerce company faces fierce competition from bigger rival Amazon.com Inc , sending its shares down about 3% after the bell. | | | | | | Starbucks Corp on Tuesday became the first major U.S. company to signal a hit from the new coronavirus outbreak in China, as it closed more than half of its stores in China and adjusted its operating hours. | | | | | | Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said. | | | | | | Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for the first time in a year and soaring demand for add-ons like AirPods wireless headphones. | | | | | | Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets eased as investors took a less pessimistic view of the potential economic fallout from China's coronavirus outbreak. | | | | | | Airbus faces a $4 billion fine and sharply lower 2019 profits after unveiling a preliminary deal with French, British and U.S. authorities following a crippling three-year probe into allegations of bribery and corruption over jetliner sales. | | | | | | U.S. stocks rebounded on Tuesday, as the S&P 500 bounced back from its worst day in nearly four months, led by a climb in Apple and other names hit by exposure concerns to the coronavirus outbreak in China that sparked a recent sell-off. | | | | | | Deutsche Bank AG has delayed raises to fixed pay compensation at the German bank by three months until after April 1, citing the need to further improve cost management, according to a memo seen by Reuters on Tuesday. | | | | | | A closely watched bond market phenomenon has again flashed yellow, but investors are loathe to give it much weight. | | | | | |
