Latest Currency markets News
Financial market worries over the UK budget appear to ease
LONDON (AP) — Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British debt steadying and the pound rising against most other currencies. In the wake of Wednesday's budget statement, the first by a...
Stoneridge: Q3 Earnings Snapshot
NOVI, Mich. (AP) — NOVI, Mich. (AP) — Stoneridge Inc. (SRI) on Wednesday reported a loss of $7.1 million in its third quarter. The Novi, Michigan-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs, were 24 cents per share. ...
Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
DETROIT (AP) — Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.'s profits this year, causing the company to lower its full-year earnings guidance. That pushed the company's stock price down 6% in trading after Monday's closing bell....
Nasdaq: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Nasdaq Inc. (NDAQ) on Thursday reported third-quarter profit of $306 million. On a per-share basis, the New York-based company said it had profit of 53 cents. Earnings, adjusted for one-time gains and costs, came to 74 cents per share. ...
Cryptocurrency exchange network accused of helping Russia hit with sanctions
WASHINGTON (AP) — A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a government-wide crackdown on cybercrime that could assist Russia ahead of President Joe Biden's meeting with Ukrainian President Volodymyr...
Betting on elections threatens confidence in voting and should be banned, US agency says
ATLANTIC CITY, N.J. (AP) — Allowing people to bet on the outcome of U.S. elections poses a great risk that some will try to manipulate the betting markets, which could cause more harm to the already fragile confidence voters have in the integrity of results, according to a federal agency that...
Sifco: Fiscal Q3 Earnings Snapshot
CLEVELAND (AP) — CLEVELAND (AP) — Sifco Industries Inc. (SIF) on Monday reported net income of $72,000 in its fiscal third quarter. On a per-share basis, the Cleveland-based company said it had net income of 1 cent. The producer of forgings and machined components...
Magnite: Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Wednesday reported a loss of $1.1 million in its second quarter. The New York-based company said it had a loss of 1 cent per share. Earnings, adjusted for stock option expense and non-recurring costs, were 14 cents per...
Townsquare: Q2 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Wednesday reported a loss of $49.2 million in its second quarter. The Purchase, New York-based company said it had a loss of $3.26 per share. Earnings, adjusted for non-recurring costs, came to 14 cents...
