 | | | | NOS, Altice and Vodafone, which dominate Portugal's market, said they will not use Huawei's technology in their 5G core networks despite the government not banning the Chinese giant from the critical infrastructure. | | | | | | Yum Brands Inc on Thursday beat Wall Street expectations for quarterly same-restaurant sales and profit, as consumers ordered more comfort foods such as pizzas and tacos online while under coronavirus lockdowns, sending its shares about 2% higher. | | | | | | Kraft Heinz Co on Thursday reported quarterly results that exceeded expectations and took a nearly $3 billion charge to write down the value of several businesses, including its Oscar Mayer deli meat and Maxwell House coffee brands. | | | | | | Procter & Gamble Co forecast full-year sales and profit above Wall Street expectations on Thursday, benefiting from a surge in demand for detergents and toilet paper as pandemic lockdowns prompt cleaning drives at homes. | | | | | | ConocoPhillips reported a wider-than-expected loss on Thursday, as the oil and gas producer was hit by a plunge in crude prices due to a short oil price war and coronavirus-induced lockdowns that sapped demand for fuel. | | | | | | Organizers of a Facebook Inc advertising boycott said on Thursday the campaign would "not go away" until their concerns were addressed and they would ask advertisers in Europe to join their cause. | | | | | | U.S. stock index futures fell on Thursday with investors staying cautious ahead of data that is likely to confirm the COVID-19 pandemic caused the steepest pace of economic contraction since the Great Depression in the second quarter. | | | | | | Comcast Corp on Thursday reported second-quarter revenue that beat expectations, as strong sign-ups for broadband offset weaker advertising sales at cable networks and broadcast TV. | | | | | | Facebook Inc will reveal on Thursday whether lower ad prices lured enough marketers in the second quarter to overcome the downdraft from widespread pandemic-induced closures among the small businesses that drive most of its revenue. | | | | | | Eli Lilly and Co raised its full-year profit forecast on Thursday after increased demand for its diabetes drug, Trulicity, helped it beat second-quarter profit expectations. | | | | | |
