U.S. railroad operator Union Pacific Corp reported a 4% fall for its fourth-quarter profit on Tuesday, hurt by delayed shipments amid labor shortages and adverse weather conditions.
U.S. weapons maker Lockheed Martin Corp on Tuesday forecast annual profit below Street expectations, hurt by lingering supply bottlenecks and higher costs, though a generous defense budget helped it beat fourth-quarter estimates.
U.S. stock index futures edged lower on Tuesday as corporate reports from bellwethers including 3M, Johnson & Johnson and GE pushed earnings season into high gear, while semiconductor shares pulled back from a bounce in the previous session.
Futures for Canada's main stock index edged lower on Tuesday, as investors stood on the sidelines and awaited key U.S. business activity data to gauge the impact of the Federal Reserve's aggressive monetary policy on the world's largest economy.
Elon Musk will take the stand on Tuesday in San Francisco, after telling a jury on Monday that he had locked up financial support in 2018 to take his electric car maker Tesla Inc private.
Verizon Communications Inc on Tuesday reported better-than-expected quarterly wireless subscriber additions, as its promotional plans attracted more customers and drove device upgrades during the holiday season.
Eli Lilly and Co said on Tuesday it plans to invest an additional $450 million to expand its manufacturing capacity at the Research Triangle Park facility in North Carolina to support increased demand for its key diabetes drugs.
A federal court in Canada on Tuesday will hear whether Rogers Communications Inc's hotly contested C$20 billion ($14.9 billion) bid for Shaw Communications Inc can go ahead or be blocked as recommended by the competition bureau.
Shareholder resolutions filed by New York City's top pension official will ask top Wall Street banks including JPMorgan Chase & Co and Bank of America to set stricter 2030 greenhouse gas emissions reduction targets for portfolio companies.
Property and casualty insurer Travelers Companies Inc reported a 37% fall in quarterly profit on Tuesday, hurt by losses related to a winter storm that swept across the United States and Canada in the last week of 2022.
