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10/16/2019 | 05:16am EST
Huawei Extends Hot Streak in the Face of U.S. Blacklisting 
 

Huawei's revenue rose 24% during the first nine months of the year, despite a U.S. export blacklisting against the world's largest maker of telecommunication equipment.

 
Roche Says Outlook Improving 
 

Roche raised its guidance after reporting sales growth of 9.5% in the first nine months of the year.

 
Rio Tinto Iron-Ore Shipments Rise 
 

Rio Tinto said it shipped 1% more iron ore last quarter as its Australian mining hub recovered from earlier operational and weather-related setbacks.

 
United Raises Outlook on Robust Demand 
 

United Airlines profit outstripped expectations as the company raised its earnings estimates for the year amid a surge in bookings.

 
Berkshire Asks to Expand BofA Stake 
 

Berkshire Hathaway requested permission earlier this month from the Fed to increase its stake in Bank of America above 10%.

 
Mapletree Commercial Trust Plans to Raise S$902.3 Million for Acquisition 
 

Mapletree Commercial Trust said it is planning to raise at least 902.3 million Singapore dollars to buy a business park in Singapore.

 
Australia's Latitude Financial Scraps IPO 
 

The planned initial public offering for KKR & Co.-backed Latitude Financial has been pulled two days before trading on the Australian market was due to kick off.

 
América Móvil Reports 31% Drop in  Net Profit on Forex Losses 
 

Mexican telecommunications company América Móvil reported a 31% decline in net profit as foreign-exchange losses in the period offset gains in sales and operating profits.

 
MGM Resorts to Sell Bellagio, Circus Circus Properties in Las Vegas 
 

MGM Resorts International said it is selling two casinos on the Las Vegas Strip, including its landmark Bellagio property, in separate real-estate deals.

 
Drug Distributors Are in Talks to Pay $18 Billion to Settle Opioid Litigation 
 

Three major drug distributors are in talks to pay $18 billion to settle sweeping litigation brought by state and local governments blaming them for fueling the opioid crisis.

Stocks mentioned in the article
ChangeLast1st jan.
BANK OF AMERICA CORPORATION 1.04% 33.18 Delayed Quote.32.67%
BERKSHIRE HATHAWAY INC. 0.57% 326962 Delayed Quote.6.24%
KKR & CO. INC. 0.28% 29.14 Delayed Quote.48.04%
MAPLETREE COMMERCIAL TRUST 2.62% 2.35 End-of-day quote.41.57%
MGM RESORTS INTERNATIONAL 0.76% 31.94 Delayed Quote.30.67%
RIO TINTO PLC 2.14% 4184.5 Delayed Quote.9.84%
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