Entries by MT Newswires

H&R Block Tops Expectations With Fourth-Quarter Results as It Snaps Up Wave Financial for $405 Million

9:44 AM, Jun 11, 2019 — H&R Block (HRB) reported better-than-expected results for its key fourth-quarter period and said it will pay $405 million to acquire Wave, a financial solution platform focused on small business owners. Revenue slowed to $2.33 billion in the fiscal fourth quarter — the period when the tax-preparation company derives most […]

Weekly Commodities ETF Report: Crude Ends Week Higher on Increase in Inventories; Gold Surges as Disappointing May Jobs Data Spark Hopes for Interest Rate Cut

(MT Newswires) – Crude ended Friday’s session higher after a bigger-than-expected increase in US inventories, which wiped out the prior week’s decline. The Energy Information Administration reported Wednesday that stockpiles of crude oil rose by 6.8 million barrels to 483.3 million barrels in the week ended May 31. This compares with the American Petroleum Institute, […]

MT Newswires‘ Live Briefs PRO Now Available on the Bloomberg Terminal

BETHESDA, MD. — (BUSINESS WIRE) — Bloomberg Terminal clients are now receiving MT Newswires’ Live Briefs PRO North American news service, integrated into the Terminal’s native news search and alerting capabilities. This original-source news service provides unique and actionable coverage of public companies, commodities, capital markets, global economies and market moving events by veteran financial […]

Weekly Commodities ETF Report: Crude Ends Week Lower as Tariffs on Mexican Imports Hurt Global Energy Demand; Gold Higher on Safe-Haven Sentiment

(MT Newswires) – Crude ended Friday’s session lower, heading for the second week of declines as US President Donald Trump’s threats to impose tariffs on Mexico, the largest recipient of US oil exports, added to concerns that a worsening trade environment would undermine global energy demand. Trump had tweeted that the US would impose a […]

Dell First Quarter Adjusted Earnings Surpass Analysts’ Estimates

6:21 AM, May 31, 2019 — Dell Technologies (DELL) posted a modest uptick in revenue during its fiscal first quarter while adjusted earnings per share beat analysts’ estimates, bolstered by coverage expansion in the company’s client solutions group segment. The Round Rock, TX.-headquartered manufacturer of laptops and electrical devices reported revenue of $21.91 billion in […]