Exxon Mobil Corp. and Chevron Corp. missed profit and production estimates as wildfires, writedowns and weak refining margins battered oil explorers already reeling under a glut-driven price collapse.
July 28 �€” Facebook Inc. could be looking at a tax bill of up to $5 billion, plus interest and penalties, arising from an IRS audit of its transfer pricing, the company said in a filing with the Securities and Exchange Commission.
Stock futures edged lower Friday, as the market prepared to close out a strong July. (ZUMAPRESS.com/Newscom). ALAN R. ELLIOTT; 9:40 AM ET.
second-quarter EPS of 1.78 was way ahead of the Zacks Consensus Estimate of $1.14. The North America and AWS segments were strong contributors to profits while investments in international continued.
Alphabet's recent partnership with Fiat Chrysler to build self-driving car technology into a Chrysler mini van will be the first of many such deals, the Google parent company said Thursday.