Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Stocks in Asia traded mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
Hong Kong democracy activist Joshua Wong walked free from prison on Monday after serving nearly five weeks for contempt of court, pledging to join a mass protest movement...China Politicsread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its...US Marketsread more
Check out the companies making headlines before the bell:
Walmart – The retailer earned an adjusted $1.29 per share for the second quarter, 7 cents a share above estimates. Revenue also topped forecasts. Comparable-store sales at Walmart U.S. stores rose 4.5 percent from a year earlier, well above the consensus estimate of 2.4 percent. The company also raised sales and earnings guidance for the year.
JD.com – The China-based internet retailer missed estimates on both the top and bottom lines in its second-quarter earnings report. Investors appear to be focusing on slowing revenue growth rates, with the second quarter's 31.2 percent growth well below the peak of about 60 percent registered in 2015.
J.C. Penney – The retailer lost an adjusted 38 cents per share for the second quarter, wider than the 6 cents a share loss that analysts were expecting. Revenue also came in below estimates, and J.C. Penney cut its full-year earnings guidance. The retailer also said it would continue to take actions to right-size its inventory.
Boeing – UBS began coverage of the jet maker with a "buy" rating, saying it sees a potential 50 percent upside for the stock based on an acceleration in profit margins and cash flow.
Cisco Systems – Cisco reported adjusted quarterly profit of 70 cents per share, beating estimates by 1 cent a share. The networking equipment and software company's revenue also top forecasts and it gave a better-than-expected current-quarter forecast as its subscription-based software business gains traction.
NetApp – NetApp beat estimates by 24 cents a share, with adjusted quarterly profit of $1.04 per share. The cloud data storage company's revenue came in slightly above Street forecasts.
Walt Disney — U.K. regulators have confirmed a prior decision that Disney will have to pay at least 14 pounds per share for British broadcaster Sky, if it completes its deal to buy 21st Century Fox before either Fox or NBCUniversal and CNBC parent Comcast succeeds in taking control of Sky. Fox's 39 percent stake in Sky is among the assets Disney is buying.
Amazon.com – Amazon is considering putting together an insurance comparison site in the U.K., according to Reuters, in what would be a big step into the region's financial services industry. Separately, Amazon is among those competing to buy movie theater chain Landmark, according to a Bloomberg report.
Pfizer – Pfizer has struck an alliance with privately held German biotech company BioNTech to develop more effective flu vaccines. BioNTech could receive up to $425 million depending on the achievement of certain development goals.
Best Buy – Best Buy is buying health services company GreatCall for $800 million in cash in the electronics retailer's largest-ever acquisition. Best Buy already sells GreatCall merchandise, including emergency response services and mobile products aimed at senior citizens.
Symantec — Activist investor Starboard Value has taken a 5.8 percent stake in the cybersecurity software maker, according to The Wall Street Journal, and has nominated five directors to the 11-person board. Starboard is said to be pushing for operational changes to improve profit margins.
Kimberly-Clark – J.P. Morgan upgraded the consumer products maker's stock to "neutral" from "underperform," following the company's announcement Wednesday that it would raise prices on certain products. The firm does note that it remains to be seen whether the increases will hold in a competitive pricing environment.