Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
Asia Pacific markets traded mixed on Friday morning as investors remained worried over trade tensions between the United States and China.Asia Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
shares rose as much as 7 percent in after-hours trading on Tuesday after the company beat earnings estimates for the third quarter.
The company, which manages brands like KFC, Pizza Hut and Taco Bell in China, reported earnings of 51 cents per share compared to analysts' estimate of 45 cents per share. The company missed revenue expectations, however, reporting $2.21 billion for the third quarter, while Wall Street expected $2.23 billion.
Overall same-store sales had a smaller-than-expected decline, falling one percent while analysts estimated a 1.5 percent drop. Same-store sales at KFC beat estimates, while Pizza Hut's missed estimates.
The company also raised its dividend 20 percent, from 10 cents to 12 cents per share, and increased its stock buyback plan by $850 million to $1.4 billion.
In August, the company rejected a $17.6 billion buyout offer from Hillhouse Capital.