Major U.S. indexes opened lower on Wednesday as another busy day of earnings kicked off.First-quarter earnings season is nearing an end but there were still plenty of twists and turns for investors.Read more: Compare the Best Growth StocksIt was a case of two roads diverging for car-hailing companies Uber and Lyft.
The drinks giant reported a $200 million increase in profit.The firm's overall growth came despite a 9.1 percent decline in revenue in the U.S., as boycotts of the light beer hampered sales.In a statement accompanying the earnings report, CEO Michel Doukeris said: 'The strength of the beer category, our diversified global footprint and the continued momentum of our megabrands delivered another quarter of broad-based top- and bottom-line growth.
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Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
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Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region.
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