Latest Financial markets News

FTC orders 8 companies to provide information on 'surveillance pricing' practices

Jul. 23, 2024 18:24 PM EDT

NEW YORK (AP) — The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper’s individual characteristics. In a Tuesday announcement, the FTC said it was seeking...

Stock market today: A torrent of profit reports leaves Wall Street mixed as small stocks keep rising

Jul. 23, 2024 16:57 PM EDT

NEW YORK (AP) — U.S. stocks held relatively steady in a calm Tuesday on Wall Street, as earnings reporting season ramped up for big companies. The S&P 500 slipped 8.67 points, or 0.2%, to 5,555.74. The Dow Jones Industrial Average edged down by 57.35, or 0.1%, to 40,358.09, and...

Weatherford: Q2 Earnings Snapshot

Jul. 23, 2024 16:42 PM EDT

HOUSTON (AP) — HOUSTON (AP) — Weatherford International Inc. (WFRD) on Tuesday reported second-quarter profit of $125 million. On a per-share basis, the Houston-based company said it had net income of $1.66. The results fell short of Wall Street expectations. The...

How major US stock indexes fared Tuesday, 7/23/2024

Jul. 23, 2024 16:42 PM EDT

U.S. stocks held steady in a calm day on Wall Street, as earnings reporting season ramped up for big companies. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.1%. The smaller stocks in the Russell 2000...

Chubb: Q2 Earnings Snapshot

Jul. 23, 2024 16:38 PM EDT

ZURICH (AP) — ZURICH (AP) — Chubb Corp. (CB) on Tuesday reported second-quarter net income of $2.23 billion. The Zurich-based company said it had profit of $5.46 per share. Earnings, adjusted for non-recurring gains, were $5.38 per share. The results exceeded Wall...

Western New England Bancorp: Q2 Earnings Snapshot

Jul. 23, 2024 16:38 PM EDT

WESTFIELD, Mass. (AP) — WESTFIELD, Mass. (AP) — Western New England Bancorp (WNEB) on Tuesday reported second-quarter net income of $3.5 million. The bank, based in Westfield, Massachusetts, said it had earnings of 17 cents per share. The results beat Wall Street...

FTAI Aviation: Q2 Earnings Snapshot

Jul. 23, 2024 16:28 PM EDT

NEW YORK (AP) — NEW YORK (AP) — FTAI Aviation Ltd. (FTAI) on Tuesday reported a loss of $219.9 million in its second quarter. The New York-based company said it had a loss of $2.26 per share. Earnings, adjusted for non-recurring costs, were 26 cents per share. The...

UPS, Comcast fall; GE Aerospace, Sherwin-Williams rise; Tuesday, 7/23/2024

Jul. 23, 2024 16:12 PM EDT

Stocks that traded heavily or had substantial price changes on Tuesday: United Parcel Service Inc. (UPS), down $17.50 to $127.68 The package delivery service increased its volume in the U.S. for the first time since 2022, but profit and revenue fell short of forecasts....

Closing prices for crude oil, gold and other commodities

Jul. 23, 2024 15:24 PM EDT

Benchmark U.S. crude oil for September delivery fell $2.82 to $76.96 per barrel Tuesday. Brent crude for September delivery fell $1.39 to $81.01 per barrel. Wholesale gasoline for August delivery fell 6 cents to $2.41 a gallon. August heating oil fell 2 cents to $2.41 a gallon....

Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

Jul. 23, 2024 11:06 AM EDT

Coca-Cola is raising its full-year sales guidance after a stronger-than-expected second quarter boosted by continued price increases. The Atlanta beverage giant said Tuesday it now expects organic sales to grow between 9% and 10% this year, up from 8% to 9% previously. One standout...