Nasdaq News

U.S. stocks on Tuesday looked set for a lower start as traders returned from a three-day break to find a warning from Apple and Walmart reporting worse-than-forecast results.

Medtronic Plc on Tuesday reported a 51% rise in third-quarter profit on an income tax gain and higher sales at its top-selling heart devices unit, and said it expects its fourth quarter to take a hit from the coronavirus outbreak.

(RTTNews) - Acorn International Inc. (ATV) said that a buyer group, which offered to buy the company for $19.50 per American Depositary Share, is not prepared to pursue acquisition of the company citing uncertainty regarding coronavirus outbreak.

(RTTNews) - Westlake Chemical Corp. (WLK) reported fourth-quarter earnings per share of $0.56 compared to $0.95, previous year. The company noted that its earnings for the fourth quarter of 2019 benefited from tax items of $0.22 per share. Restructuring, transaction and integrat

Asda, the British supermarket arm of the world's biggest retailer Walmart, reported a fall in underlying sales in the key Christmas quarter, echoing rivals in blaming a tough consumer backdrop.

The problem with renewable energy sources like wind and solar is their intermittent nature and the fact that it is hard to store electricity on a large scale, the way we do with oil or natural gas. Tesla's (NASDAQ: TSLA) Megapack, in which large-scale batteries store power for u

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, automotive aftermarket parts provider Advance Auto Parts Inc. (AAP) initiated comparable store sales and net sales guidance for the full year 2020.

Before sunrise, thousands of Palestinians streamed towards the mosque in Nablus's Victory Square, swelling the usual crowds of morning worshippers to launch a new front in their protests against Israel and the United States.

Swiss Re's digital platform and Swedish home furnishings group IKEA have joined forces to offer home insurance policies via IKEA's website, the Swiss financial group said on Tuesday.

HSBC stock tumbled on Tuesday as profits plunged by a third and the bank announced plans to cut around 35,000 jobs in a major restructuring.

(RTTNews) - Advance Auto Parts (AAP) announced earnings for its fourth quarter that rose from the same period last year.

(RTTNews) - Retail giant Walmart Inc. (WMT) reported Tuesday that consolidated net income attributable to Walmart for the fourth quarter increased to $4.14 billion or $1.45 per share from $3.69 billion or $1.27 per share in the prior-year quarter.

(RTTNews) - Shares of HSBC Holdings Plc (HSBC, HSBA.L) were losing around 6 percent in London trading after the British bank focused on Asia reported sharp drop in fiscal 2019 profit, hurt mainly by a hefty impairment charge, despite revenue growth.

Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holiday season and lower demand for apparel, toys and electronics.

European Union finance ministers added Panama, the Seychelles, the Cayman Islands and Palau to the EU's blacklist of tax havens, while giving Turkey more time to avoid being listed, an EU document said on Tuesday.

(RTTNews) - U.K. stocks declined on Tuesday as coronavirus worries persisted, with iPhone maker Apple warning that it was unlikely to meet its March quarter sales forecast.

(RTTNews) - Shares of Bio-Rad Laboratories Inc. (BIO) touched a 52-week high of $404.83 on Feb. 14 before closing Friday's trading session at $403.63, up $24.29 or 6.40%. The stock has been trading between $266.95 and $404.83 in the past one year.

Shipping group Golden Ocean warned on Tuesday its profit would be hit by a slowdown in demand due to the coronavirus outbreak in China, sending its shares down more than 3% in early trade.

Emerging market equities lost ground on Tuesday, as Apple Inc's sales warning fanned fears of the impact from the coronavirus outbreak on companies and global supply chains, while South Africa's rand weakened due to a dreary growth outlook.

Israeli chip manufacturer TowerJazz missed earnings and revenue estimates in the fourth quarter but sees a return to growth in 2020.