While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
Home Depot's CEO said the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
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The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
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J.P. Morgan advised clients in a note early Tuesday that it was time to buy shares of Beyond Meat again.Marketsread more
U.K. Prime Minister Boris Johnson told the EU that a Brexit deal can still be approved by U.K. lawmakers if Brussels agrees to scrapping the contentious Irish "backstop."read more
Baidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business.Technologyread more
An exchange-traded fund based in mortgage-backed securities may provide just the kind of stable income investors need in this market, says ETF.com's Dave Nadig.ETF Edgeread more
Check out the companies making headlines before the bell:
Merck – Merck earned an adjusted $1.04 per share for the fourth quarter, beating estimates by a penny a share. Revenue came in very slightly above Wall Street forecasts. Sales of the company's Keytruda cancer drug jumped 66 percent from a year earlier.
Cigna – The health insurer beat estimates by 4 cents a share, with adjusted quarterly profit of $2.46 per share. Revenue also came in above estimates. Cigna issued adjusted 2019 earnings per share guidance of $16 to $16.50 per share, compared to a consensus estimate of $16.74 a share.
Honeywell – The industrial conglomerate reported adjusted fourth quarter profit of $1.91 per share, 2 cents a share above estimates. Revenue also came in above Wall Street forecasts as its commercial aerospace, defense, and warehouse automation businesses performed well. Honeywell also issued a stronger-than-expected full-year earnings outlook.
United Technologies – Goldman Sachs added the stock to its "Conviction Buy" list, noting strength in the aerospace aftermarket and the defense sector as well as other positive factors.
Amazon.com – Amazon reported quarterly earnings of $6.04 per share, beating the consensus estimate of $5.68 a share. Revenue also beat forecasts amid a record holiday quarter, however Amazon gave a weaker-than-expected current-quarter sales forecast.
Yum China – Yum China came in 4 cents a share ahead of estimates, with adjusted quarterly profit of 12 cents per share. The restaurant operator's revenue was essentially in line with forecasts. Comparable-store sales rose 2 percent, led by strength at the KFC unit.
Cypress Semiconductor – Cypress reported adjusted quarterly profit of 35 cents per share, 2 cents a share above estimates. The chipmaker's revenue also beat Wall Street forecasts. Cypress had posted a loss in the year-ago quarter.
Deckers Outdoor – Deckers earned $6.59 per share for its latest quarter, well above the consensus estimate of $5.30 per share. The footwear maker's revenue was above forecasts and the maker of Ugg boots also raised its full-year forecast.
Symantec – Symantec beat analysts' forecasts by 5 cents a share, with adjusted quarterly profit of 44 cents per share. The cybersecurity software maker's revenue also came in above forecasts on a strong performance by the company's consumer business. Symantec also announced the departure of Chief Financial Officer Nicholas Noviello.
Apple – Apple blocked Alphabet's Google unit from running its internally built iOS apps, following reports that Google had been running a voluntary app that let it track user activity. Apple had imposed a similar restriction on Facebook earlier this week, but the two sides have settled their dispute.
Sony – Sony reported its highest ever quarterly profit, driven largely by its music content. Sony did see lower profit at its gaming division, however.