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Asian shares gain after earnings-fueled rally on Wall Street

Nov. 22, 2022 23:29 PM EST

BANGKOK (AP) — Asian shares advanced on Wednesday after solid earnings pushed retailers higher on Wall Street ahead of the Thanksgiving holiday in the U.S. Benchmarks rose in Hong Kong, Seoul and Sydney but fell in Shanghai. Markets were closed in Japan for a holiday. ...

NJ Q3 casino earns down 13%, but most surpass pre-COVID rate

Nov. 22, 2022 17:05 PM EST

ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos saw their third-quarter profitability decrease by more than 13% compared with a year ago, but there was encouraging news in figures released Tuesday by New Jersey gambling regulators. Earnings numbers from the state Division of...

Best Buy, Agilent rise; Zoom Video, Dollar Tree fall

Nov. 22, 2022 16:33 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Best Buy Co., up $9.05 to $79.88. The electronics retailer beat Wall Street's third-quarter earnings and revenue forecasts. Dell Technologies Inc., up $2.78 to $43.85....

This Week: Dell earns, Best Buy earns, new home sales

Nov. 21, 2022 01:03 AM EST

A look at some of the key business events and economic indicators upcoming this week: SPOTLIGHT ON DELL Dell Technologies reports its latest quarterly snapshot Monday. Wall Street predicts the computer and technology services -company’s fiscal...

Stocks end higher on Wall Street but still fall for the week

Nov. 18, 2022 16:52 PM EST

A late-afternoon rally on Wall Street helped stocks close higher Friday, though the major indexes still wound up finishing lower for the week after several days of bumpy trading. The S&P 500 rose 0.5% after wavering between small gains and losses for much of the day. The Dow...

How major US stock indexes fared Friday 11/18/2022

Nov. 18, 2022 16:26 PM EST

Stocks ended higher on Wall Street but still wound up with weekly losses after several days of bumpy trading. Some retailers posted big gains after reporting surprisingly strong quarterly results and giving investors encouraging forecasts. Gap, Ross Stores and Foot Locker all rose...

Ross Stores, Gap rise; Farfetch, Williams-Sonoma fall

Nov. 18, 2022 16:24 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Ross Stores Inc., up $9.66 to $107.59. The discount retailer reported strong third-quarter earnings and revenue. Williams-Sonoma Inc., down $8.02 to $122.37. ...

Macy's, Kohl's, Gap point to cloudy holiday retail picture

Nov. 17, 2022 17:59 PM EST

NEW YORK (AP) — Results from Macy's, Kohl's and Gap on Thursday further underscored the cloudy picture for U.S. retailers heading into the start of the holiday season. A day after Target reported a sharp drop in quarterly profits, it's clear that inflation-hit shoppers in the last...

Bowlero, PTC fall; Cisco, Bath & Body Works rise

Nov. 17, 2022 16:19 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Cisco Systems Inc., up $2.20 to $46.59. The seller of routers, switches, software and services reported strong third-quarter financial results. Kulicke and Soffa...

Alibaba posts loss, slower revenue amid lower consumption

Nov. 17, 2022 09:25 AM EST

HONG KONG (AP) — Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment. The company reported net losses of 20.6 billion yuan ($2.87...