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FedEx reports quarterly profit |
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(Reuters) - Package delivery company FedEx Corp reported a quarterly profit compared with loss in the year-ago period, boosted by higher sales across all its business units.
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Adobe reports 26.7 percent jump in quarterly revenue |
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(Reuters) - Adobe Systems Inc reported a 26.7 percent jump in revenue, the 13th straight quarter of increase, as more customers subscribed to its Creative Cloud package of software tools, which include Photoshop.
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Wall St. ends down as energy, retail shares fall |
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NEW YORK (Reuters) - U.S. stocks closed lower on Tuesday as a sharp drop in oil prices hurt energy stocks and retail stocks were pulled down by concerns about Amazon.com's plan to boost its apparel business.
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U.S. crude ends at nine-month lows on global oversupply |
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NEW YORK (Reuters) - Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non-OPEC oil producers with a deal to cut global output.
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Boeing gets boost from United and lifts demand forecast |
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PARIS (Reuters) - Boeing won a key endorsement from United Airlines for the latest model of its best-selling 737 on Tuesday and struck an upbeat tone by raising its 20-year industry demand forecast despite signs the pace of growth is slowing.
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