Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Prime Minister Narendra Modi and his Bharatiya Janata Party are set to form the new government again, exit polls from India's month-long parliamentary elections show. But past...Electionsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
While some fans of the long-running "Game of Thrones" felt satisfied by the show's final bow, others were quick to express their displeasure with how events unfolded.Entertainmentread more
Stocks in Asia were mixed on Monday amid a series of geopolitical developments across the region.Asia Marketsread more
Check out the companies making headlines before the bell:
General Mills – General Mills reported fourth-quarter adjusted profit of 79 cents per share, 7 cents a share above estimates. Revenue was essentially in line with expectations. The food producer said it expected a “dynamic” market environment in fiscal 2019, and sees organic net sales flat to up one percent in the new fiscal year.
Teva Pharmaceutical – The drugmaker’s stock was added to Citi’s “US Focus List” citing a favorable risk-reward profile and the prospects for increased earnings.
World Wrestling Entertainment – WWE signed a multi-year media rights deal with USA Network and Fox Sports that more than triples the fees it was receiving in its current deal. The new agreements take effect in the fall of 2019.
Alphabet – Alphabet’s Google unit is retiring the DoubleClick and AdWords brand names in a streamlining of its advertising business. Google is focusing its ad-buying services under the Google Ads name.
Facebook — Facebook is once again accepting cryptocurrency ads, after banning them in January. However, Facebook is keeping its ban on ads for initial coin offerings in place.
General Electric – GE’s streamlining moves are winning praise from major shareholder Trian, according to the New York Times. Separately, GE was upgraded to “perform” from “underperform” at Oppenheimer, which said the company’s streamlined portfolio can unlock value and decrease its liabilities.
Sonic – Sonic reported adjusted quarterly profit of 52 cents per share, beating estimates by three cents. However, the restaurant chain’s revenue missed forecasts, and a comparable store sales decline of 0.2 percent came after the company had said earlier this month that comp sales would be “approximately flat”.
Harley-Davidson– Harley remains on watch as the motorcycle maker continues to receive criticism from President Trump, after announcing it would shift some production overseas to avoid new EU tariffs. The Washington Post reports that the president feels personal betrayed by the company’s actions.
Yum Brands – The parent of KFC, Taco Bell, and Pizza Hut was upgraded to “buy” from “neutral” at BTIG, which cited a number of factors including valuation and benefits from a recent investment in GrubHub.
Abbott Labs – The drug maker’s stock is rated “overweight” in new coverage at Bernstein, which points to strong product launches and successful integration of acquisitions like St. Jude and Alere.
AT&T – The stock is rated “overweight” in resumed coverage at Morgan Stanley, which said significant uncertainty for the sector in general and the company in particular is already reflected in the stock’s price. Morgan Stanley expects the Time Warner acquisition to increase earnings, and also notes that AT&T is targeting a dividend increase in December.