Apple Inc sold more iPhones than Wall Street had expected in the latest quarter, and the company forecast higher-than-expected revenue for the critical holiday-shopping season.
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NEW YORK U.S. home prices rose 5.1 percent in the year to August as home buyers competed for fewer properties, helped by low mortgage interest rates, some wage growth and low unemployment.
Chipotle Mexican Grill Inc on Tuesday said it expects sales at established restaurants to grow in the "high single digit" percentages next year, which would end a long string of declines following food safety lapses last year.
NEW YORK Target Corp will offer more deal-driven promotions and extend its free shipping window to January this holiday season as it looks to turn around performance in what has so far been a lackluster year for the retailer.
NEW YORK U.S. stocks slipped from two-week highs on Tuesday as results and forecasts from companies in sectors, including housing and consumer products, failed to live up to expectations.
Lockheed Martin Corp , the world's largest defense contractor, reported a quarterly profit on Tuesday that handily beat analysts' expectations, as sales of its Sikorsky helicopters pushed total revenue up 14.8 percent.