Pfizer profit falls, hurt by strong dollar

Pfizer Inc (PFE.N) said on Wednesday its second-quarter earnings fell 19 percent, as the strong dollar crimped revenue across its product line. The world's largest drugmaker earned $2.26 billion, or 34 cents

Boeing profit up on strong defense business

Boeing Co (BA.N) said on Wednesday its quarterly profit increased more than expected, driven by growth in defense programs. The world's No. 2 planemaker said second-quarter net profit rose to $998 million,

US Futures moving lower after bank earnings

U.S. stock index futures pointed to a lower open on Wednesday after disappointing quarterly banking results dented recent optimism about the financial sector's recovery. A third-consecutive quarterly loss at Morgan Stanley (MS.N)

UK factory orders weaker than expected in July

British manufacturing orders have fallen at their fastest rate since January 1992 this month, a survey showed on Wednesday, disappointing hopes for a speedy recovery in the sector. The Confederation of British

HSBC fined record 3.2 mln stg for UK data lapses

HSBC Holdings, Europe's biggest bank, was fined 3.2 million pounds ($5.2 million) on Wednesday for information security breaches, the biggest fine Britain's financial regulator has ever imposed for data security lapses. The

Apple smashes profit forecasts, iPhone shines

Apple Inc's quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhones and higher-than-expected gross margins, boosting its shares 4 percent on Tuesday. The company continued to

Whirlpool profit falls on lackluster sales

Whirlpool Corp (WHR.N) reported a lower second-quarter profit on Wednesday as sales at the world's biggest appliance maker crumbled in the global economic slowdown. Net earnings available to common shareholders of the