Finance

(Reuters) – Beyond Meat Inc’s (O:BYND) expenses more than doubled in the third quarter as the vegan burger maker ramped up manufacturing to meet booming demand for plant-based proteins. The company’s shares fell 8% in after-market trading as the surge in expenses overshadowed a beat on quarterly revenue and a raised forecast for full-year sales. …

(Reuters) – Microsoft Corp (NASDAQ:MSFT) said it has tracked “significant” cyberattacks coming from a group it calls “Strontium” or “Fancy Bear”, targeting anti-doping authorities and global sporting organizations. The group, also called APT28, has been linked to the Russian government, Microsoft said in a blog post. (https:// At least 16 national and international sporting and …

(Bloomberg) — Shares of America chicken processors surged Monday after China said it’s prepared to lift a ban on U.S. poultry that’s been in place since 2015. Tyson Foods Inc (NYSE:TSN)., Pilgrim’s Pride Corp. and Sanderson Farms Inc. are all poised to benefit as China may seek to import more protein in the wake of …

(Bloomberg) — It was only expected to happen a couple times a year — and just as a last resort. That’s what utility giant PG&E Corp. originally said 13 months ago when it outlined plans to stage mass blackouts in Northern California during strong winds, a desperate maneuver to keep its lines from sparking wildfires. …

(Reuters) – Google parent Alphabet Inc (O:GOOGL) missed analysts’ estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.7% even though revenue growth topped expectations. Google provides limited product-level financial disclosures, leaving investors increasingly uncertain about how pressures including regulatory scrutiny, advertiser boycotts and global trade tensions …

(Reuters) – T-Mobile US Inc (O:TMUS) on Monday beat analysts’ third-quarter estimates for net new phone subscribers who pay a monthly bill, boosted by competitive wireless plans aimed at fending off its bigger rivals. The third-largest U.S. wireless carrier by subscribers said it added 754,000 phone subscribers on a net basis in the three months …

Investing.com – T-Mobile US (NASDAQ:TMUS) reported third quarter earnings that beat analysts’ expectations on Monday and revenue that fell short of forecasts. The firm reported earnings per share of $1.16 on revenue of $11.06B. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $11.33B. That compared to EPS of $0.93 on revenue of …

Investing.com -Google’s parent company Alphabet (NASDAQ:GOOGL) on Monday reported third-quarter earnings that missed analysts’ expectations as an increase in advertising growth was offset by rising costs. Investing.com -Google’s parent company Alphabet (NASDAQ:GOOGL) on Monday reported third-quarter earnings that missed analysts’ expectations as an increase in advertising growth was offset by rising costs. The company reported …

(Reuters) – A newly approved three-drug treatment for tuberculosis will be available in 150 countries including India and South Africa, priced at $1,040 for a complete regimen, more than twice the cost proposed in the past by advocacy groups for other treatments. The United Nations-backed Stop TB Partnership said on Monday that BPaL would be …

SAO PAULO (Reuters) – BP (LON:BP) Plc is still looking to close its deal with Bunge Ltd to merge sugar and ethanol assets in Brazil in 2019, so the companies can go on to plan their operations together for the new cane season that starts in early 2020. BP’s chief executive for biofuels, Mario Lindenhayn, …