Fox Corp quarterly revenue tops estimates as Super Bowl boosts viewership

(Reuters) – Fox Corp (FOXA.O) beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company’s shares up more than 2% in extended trading. Revenue from the company’s television unit

Wall Street gains on optimism over easing lockdowns

(Reuters) – Wall Street’s main indexes rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past a stunning 20 million plunge in U.S. private payrolls last month. Five of

GM investors want to know how much more coronavirus pain remains

DETROIT (Reuters) – Investors want to know what kind of economic hit General Motors Co (GM.N) expects from the coronavirus pandemic as it moves forward, whether it needs to raise further cash and when North American vehicle production will resume

Oil surge lifts global stocks out of three-day losing streak

NEW YORK (Reuters) – A gauge of global stock markets snapped a three-day losing streak on Tuesday as moves to ease major economies out of their coronavirus lockdowns lifted the outlook for growth and helped give international oil prices a