9:29 AM, Oct 18, 2019 — American Express (AXP) reported third-quarter results that were ahead of analysts’ expectations, as the payments processor and credit-card company saw higher fees and increased spending by its members. Adjusted earnings rose to $2.08 a share compared with $1.88 a share in the same period of 2018, while the consensus […]
9:51 AM, Oct 15, 2019 — Goldman Sachs Group (GS) on Tuesday reported third-quarter results that missed analyst expectations as investment banking revenue fell on lower merger and initial public offering activity. The New York-based bank reported per-share earnings of $4.79 on a diluted basis for the period ended Sept. 30, down from $6.28 in […]
(MT Newswires) – Crude ended Friday’s session and week higher, on media reports of a partial trade deal between the US and China, which augured well for oil demand globally. “Good things are happening” in the trade meeting with China, President Donald Trump had tweeted early on Friday. Bloomberg later reported the partial agreement could […]
10:00 AM, Oct 14, 2019 — Sempra Energy (SRE) on Monday said it has agreed to sell its 100% stake in Chilean energy company Chilquinta Energy to China’s State Grid International Development for $2.23 billion in cash as the company looks to focus on its operations in California and Texas. The San Diego-based power company […]
10:51 AM, Oct 9, 2019 — American Airlines Group (AAL) on Wednesday said it expects Boeing’s (BA) 737 MAX to return to its schedule in mid-January. “American Airlines anticipates that the impending software updates to the Boeing 737 MAX will lead to recertification of the aircraft later this year and resumption of commercial service in […]
(MT Newswires) – Crude ended Friday’s session higher but closed the week lower, as pressure on oil producers increased after the World Trade Organization (WTO) said earlier in the week escalating trade tensions and a slowing global economy have led its economists to “sharply downgrade” forecasts for trade growth in 2019 and 2020. The energy […]
9:32 AM, Oct 3, 2019 — Soft-drinks producer PepsiCo (PEP) reiterated its full-year guidance early on Thursday as the company posted better-than-expected results for its fiscal third-quarter which were supported by sales growth of its eponymous fizzy drink and chips. The snack food and beverage giant generated revenue of $17.19 billion in the three months […]
2:08 PM, Sep 30, 2019 — Apple (AAPL) on Monday landed a price-target upgrade at J.P. Morgan, with the investment firm seeing the potential of a 21% price gain as it lifts its iPhone volume forecasts for this year and 2020. The firm set a December 2020 price target of $265 per share, up from […]
(MT Newswires) – Crude ended both Friday’s session and the week lower, as Saudi Arabia’s crude production recovered faster than expected after the drone attacks last week. Traders are also keeping a close eye on Iran and the US sanctions imposed on the Middle Eastern country after the US and Saudi Arabia tagged it as […]
2:43 PM, Sep 27, 2019 — CVS Health (CVS) is poised to accelerate earnings growth and the company is set to take a leading role in changing healthcare delivery after its tie-up with Aetna last year, RBC Capital Markets said in a note Friday. The bank assumed coverage on Woonsocket, RI-based CVS with an outperform […]
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