Boeing Co. headed back to the corporate bond market on Tuesday with a three-part financing that will help it repay most of its $13.8 billion draw on a two-year loan facility.
Amgen Inc. posted mixed fourth-quarter results as its revenue rose but profit fell, with the company saying its business continued to feel the effects of the COVID-19 pandemic.
Amazon.com Inc.’s business hit a new level in 2020, and apparently it was enough to convince founder Jeff Bezos it was time to put someone else in charge.
FireEye Inc. reported record quarterly results Tuesday and said 2021 might be its first $1 billion year of sales as the priority for cybersecurity ramps up following a massive hack in December.
U.S. stocks finished sharply higher on Tuesday, with investors encouraged by news on the pace of vaccinations in the U.S., the prospect of more fiscal aid from Congress, and a decline in the frenzy of retail trading in heavily shorted stocks.
Electronic Arts Inc. shares fell in the extended session Tuesday after the videogame publisher reported quarterly results below Wall Street expectations following a record high closing price.
The search-engine behemoth reported net income of $15.23 billion, or $22.30 a share, compared with net income of $10.67 billion, or $15.35 a share, in the year-ago quarter. The company reported $11.25 billion in net income last quarter.
U.S. stock benchmarks on Tuesday extend gains with investors encouraged by news on the pace of vaccines in the U.S., the prospect of more fiscal aid from Congress, and a decline in the frenzy of retail trading in heavily shorted stocks.
Futures for gold and silver head sharply lower on Tuesday, with the drop in silver prices following a move by the CME Group to raise margin deposit requirements for trades in the wake of precipitous gains in the precious and industrial metal.
Electric vehicles will make up a bigger chunk of retail auto sales in 2021, which is also the first year car buyers will have choice of all three of the most popular car styles to pick from an all-electric lineup.