Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Global dividends reached a first-quarter record of $263.3 billion, rising 7.8% despite concerns about the world economy, according to new reach Monday.Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
The firm upgraded the stock to equal-weight from underweight ahead of the company's earnings on Wednesday.Marketsread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread more
Goldman Sachs is in talks to buy B&B Hotels from private equity firm PAI Partners, the companies said on Monday, in a deal which an earlier report from the Financial Times...Investingread more
Check out the companies making headlines before the bell:
Lowe's – The home improvement retailer beat estimates by a penny a share, with quarterly profit of 80 cents per share. Revenue was slightly below forecasts, and a 1.7 percent comparable-store sales increase was below the Refinitiv forecast of a 2.1 percent rise.
Best Buy – The electronics retailer reported adjusted quarterly profit of $2.72 per share, 15 cents a share above estimates. Revenue also beat forecasts. Comparable-store sales were up 3 percent, better than the 2 percent Refinitiv estimate. Best Buy also gave an upbeat full-year earnings forecast, and announced a dividend increase to 50 cent per share from 45 cents.
Campbell Soup – Campbell beat estimates by 7 cents a share, with adjusted quarterly profit of 77 cents per share. Revenue topped forecasts, as well. Campbell reported flat organic sales, however, and saw profit margins fall.
Office Depot — The office products retailer earned an adjusted 9 cents per share for its latest quarter, 1 cent a share above estimates. Both revenue and comparable-store sales were below analysts' forecasts, however.
Dean Foods — The nation's largest milk producer reported a quarterly loss of 50 cents per share, nearly twice the 26 cents a share loss that analysts were anticipating. Revenue exceeded forecasts, but Dean said it experienced a significant increase in input costs. Dean also said it is exploring strategic alternatives including possible asset sales, and announced the suspension of its quarterly dividend.
Weight Watchers – Weight Watchers missed estimates by 14 cents, with adjusted quarterly profit of 46 cents per share. The weight loss company's revenue also missed forecasts and the company issued weaker-than-expected 2019 revenue guidance. Weight Watchers said it was disappointed with its 2019 start.
Papa John's – Papa John's fell 2 cents a share short of estimates, with adjusted quarterly profit of 15 cents per share. The pizza chain's revenue was also short of analysts' forecasts. North American comparable-store sales fell 8.1 percent during the quarter, and 7.3 percent for the full year The company's 2019 comparable-store sales forecast is stronger than analysts had been expecting.
Mylan – Mylan reported adjusted quarterly profit of $1.30 per share, falling 6 cents a share shy of consensus forecasts. The generic drugmaker's revenue was in line with Street projections. Mylan also issued weaker-than-expected 2019 earnings guidance as it spends more on research, development, and marketing.
Deutsche Bank - U.S. private-equity firm Cerberus would be open to a merger between Deutsche Bank and Commerzbank, according to a Reuters report. Cerberus is a major shareholder in both German banks.
Home Depot – Home Depot was downgraded to "market perform" from "outperform" at Telsey, which said it came away from the home improvement retailer's earnings call with concerns that the guidance of a 5 percent comparable sales increase could prove to be too optimistic.
Rio Tinto – Rio Tinto reported better-than-expected profit for its latest quarter, as well as its highest earnings since 2014. The mining company also announced a regular and special dividend, as well as giving an upbeat outlook for its iron ore business.
Liberty Global – Liberty is in advanced discussions to sell its Swiss internet and digital TV unit to Zurich-based Sunrise Communications for $6.3 billion, according to a Reuters report.
Wynn Resorts – Wynn was fined $20 million in connection with a probe by Nevada regulators into sexual misconduct allegations against former CEO Steve Wynn. It was the largest fine ever assessed by the state's gambling regulators.
Gap – Gap announced a new $1 billion stock buyback program. The apparel retailer also announced it would maintain its annual dividend at the current 97 cents per share for fiscal 2019.
GW Pharmaceuticals – GW reported better-thanexpected earnings for its latest quarter, although the drugmaker's revenue was short of Street forecasts. GW Pharma said it is seeing strong demand for its new Epidiolex epilepsy drug.
Palo Alto Networks – Palo Alto beat estimates on both the top and bottom lines, with the cybersecurity company seeing a 33 percent jump in its products business and a 29 percent increase in services revenue. It also gave an upbeat revenue forecast.