Latest Financial markets News

Stock market today: Wall Street rallies again to erase more of April’s losses

Apr. 23, 2024 17:26 PM EDT

NEW YORK (AP) — U.S. stocks rallied for a second straight day Tuesday to blunt the blow of what’s been a rough April. The S&P 500 climbed 1.2% and pulled further out of the hole created by a six-day losing streak. The Dow Jones Industrial Average rose 263 points, or 0.7%, and...

Weatherford: Q1 Earnings Snapshot

Apr. 23, 2024 17:13 PM EDT

HOUSTON (AP) — HOUSTON (AP) — Weatherford International Inc. (WFRD) on Tuesday reported first-quarter net income of $112 million. The Houston-based company said it had profit of $1.50 per share. The results surpassed Wall Street expectations. The average estimate...

Enova International: Q1 Earnings Snapshot

Apr. 23, 2024 16:48 PM EDT

CHICAGO (AP) — CHICAGO (AP) — Enova International Inc. (ENVA) on Tuesday reported first-quarter profit of $48.4 million. The Chicago-based company said it had profit of $1.64 per share. Earnings, adjusted for one-time gains and costs, came to $1.91 per share. The...

How major US stock indexes fared Tuesday, 4/23/2024

Apr. 23, 2024 16:27 PM EDT

Stocks rallied for a second straight day on Wall Street, softening what’s been a rough April. The S&P 500 added 1.2% Tuesday to pull further out of the hole created by a six-day losing streak. The Dow Jones Industrial Average climbed 0.7%, and the Nasdaq composite rose 1.6%. ...

UnitedHealth says wide swath of patient files may have been taken in Change cyberattack

Apr. 23, 2024 11:55 AM EDT

UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack earlier this year on its Change Healthcare business. The company said Monday after markets closed that it sees no signs that...

PepsiCo beats Q1 revenue forecasts as price increases moderate

Apr. 23, 2024 09:57 AM EDT

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. The Purchase, New York-based company said revenue rose 2% to $18.3 billion for the January-April period. That was higher than the $18 billion Wall Street...

Invesco: Q1 Earnings Snapshot

Apr. 23, 2024 07:06 AM EDT

ATLANTA (AP) — ATLANTA (AP) — Invesco PLC (IVZ) on Tuesday reported first-quarter profit of $200.7 million. On a per-share basis, the Atlanta-based company said it had net income of 31 cents. Earnings, adjusted for one-time gains and costs, were 33 cents per share. ...

Quest Diagnostics: Q1 Earnings Snapshot

Apr. 23, 2024 06:53 AM EDT

SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — Quest Diagnostics Inc. (DGX) on Tuesday reported first-quarter earnings of $194 million. The Secaucus, New Jersey-based company said it had profit of $1.72 per share. Earnings, adjusted for amortization costs and restructuring costs,...

Novartis: Q1 Earnings Snapshot

Apr. 23, 2024 05:04 AM EDT

BASEL, Switzerland (AP) — BASEL, Switzerland (AP) — Novartis AG (NVS) on Tuesday reported first-quarter profit of $2.69 billion. The Basel, Switzerland-based company said it had net income of $1.31 per share. Earnings, adjusted for non-recurring costs, were $1.80 per share. ...

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

Apr. 23, 2024 00:31 AM EDT

HONG KONG (AP) — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S. futures were mixed and oil prices...