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  • SoftBank raises Yahoo Japan stake to drive growth

    SoftBank Group’s domestic telecoms arm outlined plans to increase its stake in Yahoo Japan, a

    Mobile World Live
  • EU commission cuts growth outlook over trade pressures

    The European Union's executive commission has trimmed its forecast for eurozone growth this year and next as uncertainty over trade conflicts and continued weakness in the auto industry hold back output

    ABC News
  • EU commission cuts growth outlook over trade pressures

    FRANKFURT, Germany (AP) — The European Union’s executive commission has trimmed its forecast for eurozone growth this year and next as uncertainty over trade conflicts and continued weakness in the auto industry hold back output.

    WTOP
  • CVS jumps after beating on earnings, and raising its outlook (CVS)

    CVS on Wednesday reported strong first-quarter earnings and revenue and raised its guidance for the rest of the year, sending shares up 4% ahead of the opening bell.  The integrated pharmacy health care provider earned an adjusted $1.62 a share on net revenue of $61.6 billion, easily beating the $1.51 and $60.24 billion that analysts surveyed by Bloomberg were expecting. Same-store sales jumped 3.8% versus a year ago, outpacing the 2.6% gain that was anticipated.  "We generated strong first...

    markets.businessinsider.com
  • Stocks, Yields Extend Drop After EU Slashes Growth Outlook

    Surprise! The European Commission slashed previously hope-filled economic growth forecasts for the region this morning. Most notably, the Euro-area GDP growth forecast for 2019 cut to 1.2% from 1.3% prior with Germany slashed to 0.5% from 1.1%. “As initial deadlines for U.S.-China trade negotiations and Brexit have passed without resolution, various uncertainties continue to loom large,” the European Commission said in its quarterly report. “An escalation of trade tensions could prove to...

    Zero Hedge
  • Insurer Cigna beats 1Q forecasts, raises 2019 outlook

    Cigna beats 1Q forecasts as Express Scripts takeover lifts results, and the insurer raised its 2019 outlook

    ABC News
  • Wage growth is hot and more raises are coming, major employers tell CNBC

    The latest jobs report showed wage growth picking up steam and it is going to stay that way, with a majority of corporations telling CNBC that cost of labor will be by far their biggest cost in the next six months. Eighty-five percent of North America-based CFOs tell CNBC in a survey that cost of labor will be their biggest expense, up from 56 percent in the fourth quarter 2018.

    CNBC