Crude oil futures prices reversed lower on Friday, looking set to set a loss on the week after a tanker-tracking firm reported supply from OPEC is rising. West Texas Intermediate crude futures prices for September delivery dropped more than 2 percent to trade around $45.82 per barrel in the last trading session of the week.
Shares of Microsoft Corp. rose as much as 4 percent in after-hours trading on Thursday after the technology company reported that it produced much better profit in its fiscal fourth quarter than expected. However, shares returned lower after Microsoft published guidance for the next quarter. Shares of Microsoft hit an all-time intra-day high of $74.30
Shares of Philip Morris International Inc. lost nearly 3.0 percent on Thursday after the cigarette and tobacco company reported second-quarter earnings below expectations. Shares of Philip Morris dropped 2.98 percent in pre-market trading after the New York-based company reported revenues of $19.32 billion. This was up from $19.04 billion a year ago but failed to
Shares of American Express Company turned lower in after-hours trading on Wednesday after the credit-card company reported better-than-expected earnings and sales but profit declined in the second quarter. Shares of the company inched nearly 1.5 percent lower to US$84.65 per share in after-market trading. The card company posted second-quarter earnings of $1.3 billion, or $1.47
Shares of Morgan Stanley jumped more than 2 percent in per-market trading on Wednesday after the U.S. bank reported second-quarter earnings results that beat expectations. The company was the last of the five biggest U.S. banks to report results for the three-month period ending June. Morgan Stanley posted reported net revenues of $9.5 billion in