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Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

Lockheed Martin raised its forecast for 2019 earnings as it reported a 9.2% rise in quarterly profit on Tuesday, helped by increased sales in its aeronautics business, which makes F-35 fighter jets.

NBA star Beal, who just signed $72 million extension, says ‘all the jewelry, all the cars’ get old

Beal’s $72 million extension with the Washington Wizards adds two years to his five-year, $127 million contract he signed in 2016.

Biogen to seek US approval for Alzheimer’s drug, sending shares soaring 40%

Biogen is planning to file for U.S. regulatory approval for its Alzheimer’s treatment aducanumab after fresh analysis of its clinical trial showed promise, the drugmaker said.

McDonald’s stock falls 3% after earnings and revenue miss estimates

McDonald’s promotions struggled to lure U.S. customers away from the competition.

Under Armour names Operating Chief Patrik Frisk to replace Kevin Plank as CEO, shares jump

Frisk joined Under Armour in July 2017 from his position as CEO of Aldo Group. He will replace Plank effective Jan. 1, 2020.

Procter & Gamble earnings, sales top estimates, shares jump

Procter & Gamble has been enjoying strong sales, driven in part by innovation, marketing and speed to market. Last quarter, organic sales grew by 7%.

Toymaker Hasbro misses profit estimates as costs jump on tariff threat

Hasbro fell short of Wall Street estimates for third-quarter revenue on Tuesday, hit by weak demand for its toys such as Nerf guns, My Little Pony and Play-Doh.

German start-up Lilium just got a step closer to making flying cars a reality

Lilium has announced completion of the first phase of testing on its five-seater flying car, the Lilium Jet.