STMicroelectronics NV (STM.FR) said Thursday that net profit for the fourth quarter fell year-on-year, while revenue rose amid higher sales. The European semiconductor chip maker said net profit fell 6.2% year-on-year to $392 million, with revenue increasing 4% to $2.75 billion. Gross margin...

Netflix's growth driver continued to be its international user base in the last quarter of 2019, its latest quarterly report showed. The streaming company's earnings, released on Tuesday evening, far exceeded Wall Street's expectations, but slower-than-anticipated growth in the U.S. user base...

UBS Group AG has cut its mid-term guidance after missing its key targets for 2019. The results come as the Swiss bank, one of the world's largest wealth managers for rich clients, is revamping its investment bank and wealth management arms, shedding jobs and reorganizing businesses. The bank now...

Saudi Arabia's reduction in oil supply was a key driver of a drop in global inventories during December, although the Gulf nation's efforts were blunted by increases from other Organization of the Petroleum Exporting Countries constituents, the International Energy Agency said. In its closely...

Morgan Stanley 's fourth-quarter profit rose 46% from a year ago, capping off the bank's best year on record. The firm's profit of $2.2 billion, or $1.30 a share, on $10.9 billion in revenue, topped expectations of analysts polled by FactSet, who had forecast earnings of $1.02 a share on $9.71...

Shares of Goldman Sachs Group Inc. (GS) slipped 0.5% in premarket trading Wednesday, after the investment and consumer bank reported a fourth-quarter profit that fell well short of expectations, while revenue beat. Net income fell to $1.72 billion, or $4.69 a share, from $2.32 billion, or $6.04...

Wells Fargo & Co. said that fourth-quarter profit fell 53% as the bank set aside more money to resolve issues tied to its sales-practices scandal. The bank's quarterly earnings totaled $2.87 billion, versus $6.06 billion a year earlier. Per-share earnings of 60 cents missed the $1.12...

Dare Bioscience Inc. (DARE) shares rose 79% to $1.50 after the company said it is in a licensing agreement with Bayer (BAYN.XE). Bayer may commercialize Dare's investigational contraceptive product Ovaprene in the U.S. once approved by the U.S. Food and Drug Administration, Dare said. Dare said...

Mediaset SpA (MS.MI) said that its shareholders approved plans to create a pan-European media and entertainment holding company at today's extraordinary general meeting. The Italian broadcasting company wants to establish Media for Europe NV, a Dutch holding company, through the merger of its...

Airbus said Thursday that it will expand its industrial output in the U.S. as it is looking to produce 63 A320 Family jets per month in 2021. The European plane maker will increase its production rate to seven A320 Family jets a month by the start of next year at its manufacturing site in Mobile...