Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Stocks in Asia Pacific traded higher on Friday morning, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary policy...Asia Marketsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
Check out the companies making headlines before the bell:
United Technologies – United Technologies said it would separate into three independent companies, with plans to spin off its Otis and Carrier divisions to shareholders. The split, which would leave aerospace operations under the United Technologies banner, is expected to be completed in 2020.
Apple – Apple is under pressure, after President Trump told the Wall Street Journal he would put tariffs on Chinese imports currently not subject to tariffs if negotiations are not successful. That would include Apple's iPhones. Based on pre-market trading prices, Apple will no longer be the most valuable U.S. publicly traded company, losing that title to Microsoft.
Hibbett Sports – The athletic footwear and apparel retailer fell two cents short of expectations with adjusted quarterly profit of 14 cents per share. Revenue also missed estimates, although Hibbett did post an unexpected comparable store sales increase of 0.1 percent. The company also lowered its adjusted full year earnings guidance to $1.55-$1.65 versus a prior estimate of $1.57 to $1.75.
Novartis – Novartis eye care division Alcon said it expected to pay a dividend to shareholders starting in 2020, following its planned spinoff from the Swiss drug company next year.
Tesla – Tesla sales in China dropped 70 percent in October compared to a year ago, according to a Reuters report quoting information from the China Passenger Car Association. The group said Tesla sold only 211 cars in China last month.
Amazon.com – Amazon announced that Cyber Monday saw the single biggest shopping day in the online retailer's history.
AT&T – AT&T's pay-per-view broadcast of the golf match between Tiger Woods and Phil Mickelson drew far more interest than the company had anticipated, according to sources quoted by the Wall Street Journal. Sign-ups may have reached as high as one million customers across multiple providers, although most have provided refunds due to a technical glitch on the day of the broadcast.
Bristol-Myers Squibb – The drug maker said a combination of two cancer drugs did not extend the lives of lung cancer patients in a late stage trial. The combination involved the company's immunotherapy drug Opdivo combined with cancer treatment Yervoy.
Buckle – Buckle reported quarterly earnings of 42 cents per share, four cents shy of analyst forecasts. The accessories retailer also saw sales fall short of estimates, with comparable store sales falling 1.4 percent.
CVS Health – The drugstore chain operator and pharmacy benefits manager was rated "outperform" in new coverage at Cantor Fitzgerald, noting the company's strength as an integrated health care company with the capability of innovating across the entire industry landscape.
Spirit Airlines – The airline gave upbeat guidance for the current quarter, including lower costs and higher revenue.
Amarin – The Ireland-based drug maker will collect about $200 million in gross proceeds from a newly priced offering of its American depositary shares. Amarin will use the money for commercialization of its Vascepa drug, a treatment for patients with high levels of triglycerides.