Merck MRK -0.49 % & Co. posted a revenue decline as generic competition and currency fluctuations hurt its results. Merck said it expects 2016 adjusted earnings per share of between $3.65 and $3.77, compared with its previous projection of $3.60 to $3.75.
Alibaba Group Holding Ltd, China's biggest e-commerce company, said fourth-quarter revenue rose 39 percent, beating Wall Street estimates, helped by growth in gross merchandise volume.
Ford Motor Co. F -0.89 % , like the rest of the auto industry, has a software problem: Elon Musk's Tesla Motors. TSLA -4.20 %. Tesla has set the standard in the auto industry as the equivalent of an iPad on wheels, offering major software updates to ...
NEW YORK U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and a retreat in biotech shares.
Comcast Corp. executives sought to calm nerves among employees at DreamWorks Animation's headquarters Wednesday as the cable giant prepares to acquire the Glendale-based animation studio.