Latest Business News
Lockheed: Q3 Earnings Snapshot
BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Lockheed Martin Corp. (LMT) on Tuesday reported third-quarter profit of $1.62 billion. The Bethesda, Maryland-based company said it had profit of $6.80 per share. Earnings, adjusted for investment costs, were $6.84 per share. ...
Auburn National: Q3 Earnings Snapshot
AUBURN, Ala. (AP) — AUBURN, Ala. (AP) — Auburn National Bancorporation Inc. (AUBN) on Tuesday reported third-quarter profit of $1.7 million. The Auburn, Alabama-based bank said it had earnings of 50 cents per share. Auburn National shares have dropped 5% since the...
Dime Community: Q3 Earnings Snapshot
HAUPPAUGE, N.Y. (AP) — HAUPPAUGE, N.Y. (AP) — Dime Community Bancshares, Inc. (DCOM) on Tuesday reported third-quarter earnings of $13.3 million. The bank, based in Hauppauge, New York, said it had earnings of 29 cents per share. The results missed Wall Street...
Norfolk Southern tops third-quarter expectations with a boost from insurance and rail sales
Norfolk Southern's streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and the sale of two rail lines. The Atlanta company recorded a $287 million gain on the sale of rail...
Stock market today: Wall Street futures decline early Tuesday, even as big names post strong results
U.S. indices declined in premarket trading as Wall Street’s record-breaking rally appeared to lose some steam despite strong quarterly performances from high-profile companies. Futures for the S&P 500 and the Dow Jones Industrial Average each fell 0.4% before the bell Tuesday. ...
General Motors overcomes US sales drop and China losses to post 3rd quarter profit of $3 billion
DETROIT (AP) — U.S. sales are down and a once-reliably profitable joint venture in China is losing money, but General Motors still managed to post a third quarter profit of $3 billion Tuesday, slightly less than it made a year ago. The Detroit automaker reported $48.8 billion in...
Yellen says isolationism 'made America and the world worse off' in speech to global finance leaders
WASHINGTON (AP) — Treasury Secretary Janet Yellen is telling world financial leaders that the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before the U.S....
A 2nd major recall for Honda in October, this time for pumps that can crack, leak fuel
Honda is recalling more than 700,000 vehicles because the high-pressure fuel pump may crack and leak fuel, which could increase the risk of a fire. It is the second major call this month at Honda, after 1.7 million vehicles were found to have potential steering issues in early...
Putin hosts Global South leaders at BRICS summit meant to counterbalance Western clout
KAZAN, Russia (AP) — China’s Xi Jinping, India’s Narendra Modi and other global leaders arrived Tuesday in the Russian city of Kazan for a summit of the BRICS bloc of developing economies that the Kremlin hopes to turn into a rallying point for defying what some see as the Western liberal...
Southern First: Q3 Earnings Snapshot
GREENVILLE, S.C. (AP) — GREENVILLE, S.C. (AP) — Southern First Bancshares Inc. (SFST) on Tuesday reported net income of $4.4 million in its third quarter. The Greenville, South Carolina-based bank said it had earnings of 54 cents per share. The holding company for...
