Edition:
United Kingdom

Sanjana Shivdas

Delta Air Lines shares drop on weak revenue outlook

5:16pm GMT

Shares in U.S. carrier Delta Air Lines Inc dropped 4 percent in Thursday morning trading on concerns that slowing global economies would limit the No. 2 U.S. airline's revenue growth in 2019 despite strong travel demand. | Video

Boeing needs a surge to hit year-end delivery goal

11 Dec 2018

Shares in Boeing Co slipped 2 percent on Tuesday after November deliveries suggested the world's largest planemaker will need a surge in deliveries in December to hit its year-end targets, though it surpassed some analyst expectations.

Johnson Controls sells its power business to Brookfield in $13 billion deal

13 Nov 2018

Johnson Controls International Plc said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash deal valued at $13.2 billion.

Johnson Controls sells its power business to Brookfield in $13 billion deal

13 Nov 2018

Johnson Controls International Plc said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash deal valued at $13.2 billion (10.19 billion pounds).

Strong truck demand drives Cummins third-quarter profit beat

30 Oct 2018

Cummins Inc topped Wall Street estimates for quarterly profit on Tuesday, as the U.S. engine maker was lifted by strong demand for trucks in a booming global construction market.

U.S. autos rise on report China proposes slashing car purchase tax

29 Oct 2018

Shares of U.S. automakers rose on Monday after a report that China was considering halving its car purchase tax to 5 percent to support its struggling auto industry, which has been hit hard by the ongoing Sino-U.S. trade war.

Union Pacific profit beats, shares rise

25 Oct 2018

Union Pacific Corp on Thursday posted a bigger-than-expected jump in quarterly profit and said it was working to run its trains more efficiently as new U.S. trade policies and economic softening in Europe threaten to slow business down.

UPDATE 3-Union Pacific profit beats, shares rise

25 Oct 2018

Oct 25 Union Pacific Corp on Thursday posted a bigger-than-expected jump in quarterly profit and said it was working to run its trains more efficiently as new U.S. trade policies and economic softening in Europe threaten to slow business down.

Homebuilder Pulte expects U.S. market to weather higher rates

23 Oct 2018

PulteGroup Inc raised its fourth-quarter forecast for average prices on Tuesday, easing investor concerns that rising mortgage rates would hurt homebuyers' affordability and pressure the company's ability to raise prices.

Alcoa's profit beat fueled by rising alumina prices, shares rise

17 Oct 2018

Top U.S. aluminum producer Alcoa Corp reported a better-than-expected quarterly profit on Wednesday, as a series of supply hits boosted alumina prices.

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