Today: September 18, 2024
Today: September 18, 2024

Stocks

Business

Verizon lifts free cash flow forecast as promotions drive subscriber growth

Verizon raised its annual free cash flow forecast on Tuesday as its promotional offers and high-speed 5G network drew more subscribers than expected in the third quarter,

Verizon lifts free cash flow forecast as promotions drive subscriber growth
Business|Economy

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter

Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter
Business

3M raises full-year profit forecast aided by cost cuts, price hikes

3M Co on Tuesday raised its full-year adjusted profit forecast and reported upbeat quarterly earnings, as the diversified manufacturer was able to offset slow demand with

3M raises full-year profit forecast aided by cost cuts, price hikes
Business

US, European bellwethers best expectations, boost investor confidence

A broad swath of global industrial and consumer bellwethers reported stronger-than-expected earnings in their most recent quarter, as resilient spending patterns kept

US, European bellwethers best expectations, boost investor confidence
Business

Snap sees upbeat fourth quarter as new ad features start to pay off

Photo messaging app Snap on Tuesday reported a surprise rise in quarterly

Snap sees upbeat fourth quarter as new ad features start to pay off
Economy

Marketmind: A welcome bounce, but mixed big tech signals

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: A welcome bounce, but mixed big tech signals
Economy

Stocks sag as disappointing earnings compound interest-rate headache

Stocks wobbled on Wednesday after the latest round of earnings prompted concern among investors over the economic outlook, as even Google parent Alphabet

Stocks sag as disappointing earnings compound interest-rate headache
Business|Economy|News|World

Stock market today: World shares mixed after China pledges more support for slowing economy

World shares are mixed after China pledged more spending to counter its economic slowdown

Stock market today: World shares mixed after China pledges more support for slowing economy
Economy

Third-quarter US earnings estimate improves slightly -LSEG

The estimate for U.S. third-quarter earnings has improved slightly this week, with more S&P 500 companies including Microsoft reporting stronger-than-expected results.

Third-quarter US earnings estimate improves slightly -LSEG
Economy

Stocks and Treasury yields decline amid mixed earnings, economic data

Shares around the world fell and U.S. Treasury yields retreatedon Thursday as investors digested mixed U.S. economic and corporate signals.

Stocks and Treasury yields decline amid mixed earnings, economic data
Business

Unilever's new CEO lays out plans to simplify business, shares fall

Unilever's new chief executive Hein Schumacher on Thursday laid out long-awaited plans to simplify the business after admitting it had underperformed in recent years, but shares

Unilever's new CEO lays out plans to simplify business, shares fall
Business

Dexcom lifts 2023 revenue view on strong demand for diabetes devices

Medical device maker Dexcom on Thursday raised its annual revenue forecast and beat quarterly estimates on strong demand for its continuous glucose monitoring (CGM) devices, sending its

Dexcom lifts 2023 revenue view on strong demand for diabetes devices
Business

Chipotle beats results estimates as demand defies high prices

Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as demand for its burritos, rice bowls and special menu promotions defied higher prices and weakness

Chipotle beats results estimates as demand defies high prices
Business|Economy|News|World

Stock market today: Wall Street falls, bringing the S&P 500 index 10% below its July peak

Stocks closed lower on Wall Street, bringing the S&P 500 index 10% below the peak it reached in July

Stock market today: Wall Street falls, bringing the S&P 500 index 10% below its July peak
Business

Chevron's third-quarter profit slumps, shares fall 6%

Chevron on Friday posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its shares down 6%.

Chevron's third-quarter profit slumps, shares fall 6%
Business

CEO Dimon to sell some of his JPMorgan shares for first time

JPMorgan Chase Chief Executive Officer Jamie Dimon will sell some of his shares in the largest U.S. bank next year for the first time in

CEO Dimon to sell some of his JPMorgan shares for first time
Economy

Investors scoop up tech stocks and long-dated Treasuries - BofA

Investors have poured money into beaten-down, long-dated U.S. Treasuries and bruised tech stocks in recent days, BofA Global Research said in a note on Friday.

Investors scoop up tech stocks and long-dated Treasuries - BofA
Business

Amazon rallies on cloud recovery as it chases Microsoft for AI business

Amazon.com rallied nearly 6% on Friday on signs that growth in its main profit driver, the cloud business, was picking up pace after two years of sluggishness due to lower

Amazon rallies on cloud recovery as it chases Microsoft for AI business
Economy

US investors extend equity fund sell-off amid rising bond yields

U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict.

US investors extend equity fund sell-off amid rising bond yields
Business|News

Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he's run for nearly 2 decades

JPMorgan Chairman and CEO Jamie Dimon and his family are planning to sell 1 million shares of the bank starting next year, according to a regulatory filing

Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he's run for nearly 2 decades
Economy

Marketmind: Calm before policy, data storm

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: Calm before policy, data storm
Business|Economy|News|World

Stock market today: Asian shares mostly fall as investors look ahead to economic data

Asian shares are trading mostly lower as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market

Stock market today: Asian shares mostly fall as investors look ahead to economic data
Business

HSBC launches $3 billion buyback, profit disappoints on rising costs

HSBC on Monday reported a fresh $3 billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts

HSBC launches $3 billion buyback, profit disappoints on rising costs
Economy

Marketmind: Market bounce sets up Fed-dominated week ahead

A look at the day ahead in U.S. and global markets from Mike Dolan Another Monday bounce in world markets sets up a Fed-dominated week ahead - although the U.S. central bank may not yet have a great

Marketmind: Market bounce sets up Fed-dominated week ahead
Economy

Wall St closes higher on eve of Fed decision; investors assess earnings

Wall Street's main indexes ended Tuesday's session with gains as investors looked ahead to the Federal Reserve's monetary policy update while they

Wall St closes higher on eve of Fed decision; investors assess earnings

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