Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.Technologyread more
Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
With Amazon and Walmart facing regulatory hurdles in India, Reliance's Mukesh Ambani isTechnologyread more
Japan's Panasonic said on Thursday it has stopped shipments of certain components to Huawei Technologies to comply with U.S. restrictions on the Chinese company.Technologyread more
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution...Asia Marketsread more
Research analyst Adam Jonas, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or Amazon would buy it.Technologyread more
The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capital One — can give financial documents to Congress, NBC News reports.Politicsread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
Check out the companies making headlines after the bell:
Cadence Design Systems shares soared more than 8 percent during after-hours trading Monday after the electronic software company beat analysts' estimates in its third quarter earnings. The company reported earnings of 49 cents a share adjusted for one time items, according to Dow Jones. Analysts were expecting earnings per share of 41 cents.
Zions Bancorp shares rose 2 percent during after-hours trading upon the announcement that the company increased its net earnings in the third quarter from last year's third quarter. The Salt Lake City, Utah-based bank reported net earnings of $215 million, or $1.04 a share, according to Reuters. This beat analysts' estimates of 96 cents a share.
SS&C Technologies shares rose more than 6 percent after-hours upon the release of the company's preliminary third quarter earnings. The software company expects its third quarter revenue to be in the range of $990 million to $992 million, up about 137 percent from 2017's third quarter revenue of $418 million.
Adjusted net income is also expected to be between $196.9 million to $199.8 million, up from the company's guidance from the second quarter of 2018 of $162 million to $168 million.