Latest Business News
Stock market today: Wall Street ticks higher on Election Day
NEW YORK (AP) — U.S. stock indexes are ticking higher Tuesday as voters head to the polls on the last day of the presidential election. The S&P 500 was up 0.4% in early trading, inching closer to its record set last month. The Dow Jones Industrial Average was up 66 points, or...
French and Dutch investigators raid Netflix offices in probe of suspected financial wrongdoing
PARIS (AP) — Prosecutors and police investigators who specialize in fighting fraud and corruption raided Netflix offices in France and the Netherlands on Tuesday, in a probe of suspected financial wrongdoing, judicial officials said. French and Dutch authorities have been working...
UFP: Q3 Earnings Snapshot
NEWBURYPORT, Mass. (AP) — NEWBURYPORT, Mass. (AP) — UFP Technologies Inc. (UFPT) on Tuesday reported profit of $16.4 million in its third quarter. On a per-share basis, the Newburyport, Massachusetts-based company said it had profit of $2.11. Earnings, adjusted for one-time gains...
Ferrari: Q3 Earnings Snapshot
MARANELLO, Italy (AP) — MARANELLO, Italy (AP) — Ferrari NV (RACE) on Tuesday reported third-quarter profit of $411 million. The Maranello, Italy-based company said it had net income of $2.29 per share. The results exceeded Wall Street expectations. The average...
Black Diamond: Q3 Earnings Snapshot
CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Black Diamond Therapeutics, Inc. (BDTX) on Tuesday reported a loss of $15.6 million in its third quarter. The Cambridge, Massachusetts-based company said it had a loss of 28 cents per share. The results beat Wall...
Ballard: Q3 Earnings Snapshot
BURNABY, British Columbia (AP) — BURNABY, British Columbia (AP) — Ballard Power Systems Inc. (BLDP) on Tuesday reported a loss of $205 million in its third quarter. On a per-share basis, the Burnaby, British Columbia-based company said it had a loss of 68 cents. Losses, adjusted...
Investors Title: Q3 Earnings Snapshot
CHAPEL HILL, N.C. (AP) — CHAPEL HILL, N.C. (AP) — Investors Title Co. (ITIC) on Tuesday reported net income of $9.3 million in its third quarter. The Chapel Hill, North Carolina-based company said it had profit of $4.92 per share. The insurance company posted...
Expeditors International: Q3 Earnings Snapshot
BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Expeditors International of Washington Inc. (EXPD) on Tuesday reported third-quarter earnings of $229.6 million. On a per-share basis, the Bellevue, Washington-based company said it had net income of $1.63. The results...
Core Molding Technologies: Q3 Earnings Snapshot
COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Core Molding Technologies Inc. (CMT) on Tuesday reported profit of $3.2 million in its third quarter. On a per-share basis, the Columbus, Ohio-based company said it had net income of 36 cents. The maker of fiber...
Consolidated Communications: Q3 Earnings Snapshot
MATTOON, Ill. (AP) — MATTOON, Ill. (AP) — Consolidated Communications Holdings Inc. (CNSL) on Tuesday reported a loss of $49.1 million in its third quarter. On a per-share basis, the Mattoon, Illinois-based company said it had a loss of 54 cents. Losses, adjusted for severance...
