Latest Currency markets News
Edmunds: The five best used SUVs for under $35,000
Whether you’re a busy professional seeking comfortable transportation, a parent seeking reliability and low cost in a family vehicle, or an outdoor enthusiast needing off-road capability, the used SUV market offers a spectrum of options for less than $35,000. The hard part is figuring out which...
Nokia sees double-digit fall in Q2 profit, sales in weak 5G market but sees improved 2nd half
HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia Thursday reported a double-digit fall in profit and sales in the second quarter due to a continuing weak market as clients are holding off investments in 5G technology. The Espoo, Finland-based company reported a net...
United Airlines Q2 profit rises to $1.32 billion as travel demand offsets the carrier's rising costs
United Airlines on Wednesday reported that its second-quarter profit rose 23% to $1.32 billion, as record crowds at U.S. airports helped the carrier overcome sharply rising costs for fuel and labor. However, United warned that third-quarter results will fall short of Wall Street...
Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record
Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures were mixed and oil prices were little changed. In Tokyo, the Nikkei...
Robinhood buying crytocurrency exchange Bitstamp for about $200 million
Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally. Bitstamp, founded in 2011, has offices in Luxembourg, the UK, Slovenia, Singapore, and the US. It has more than 50...
Hamilton Lane: Fiscal Q4 Earnings Snapshot
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Thursday reported fiscal fourth-quarter profit of $48.4 million. The Conshohocken, Pennsylvania-based company said it had net income of $1.26 per share. Earnings, adjusted for non-recurring costs, came...
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
TOKYO (AP) — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen ($65 billion) through fiscal 2031 to deliver EV models around the world, including the U.S. and China. “Honda has not changed its belief that EVs...
Sifco: Fiscal Q2 Earnings Snapshot
CLEVELAND (AP) — CLEVELAND (AP) — Sifco Industries Inc. (SIF) on Thursday reported a loss of $1.6 million in its fiscal second quarter. The Cleveland-based company said it had a loss of 26 cents per share. The producer of forgings and machined components for the...
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target. In a statement Thursday, the bank’s nine-member...
Townsquare: Q1 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported earnings of $1.1 million in its first quarter. The Purchase, New York-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring gains, came to 3 cents...
