TOKYO Asian stocks fell on Wednesday on growing concerns about the health of the world's banks, particularly in Europe, pushing investors into safer assets such as the yen, which stood near a 15-month high versus the dollar.
The turmoil engulfing Viacom deepened on Tuesday as weak earnings and continued concern over the company's leadership sent shares down more than 21 percent, the lowest level in more than five years.
(Adds analyst and CFO comments, financial details, company background). By AlanJohn Koshy. Feb 8 Consumer review website operator Yelp Inc reported a smaller-than-expected loss on Monday, but its shares slumped 11 percent, swept up in a broader ...
The blockbuster "Star Wars: The Force Awakens" was largely responsible for Walt Disney Co.'s record profit for the first fiscal quarter, but Disney executives also credited the space opera for the record attendance at the company's domestic parks.
The fall in average regular unleaded gasoline prices to about $2 a gallon has helped keep a lid on inflation. (Photo: AP). CONNECT TWEET LINKEDIN GOOGLE+ PINTEREST.