Latest Financial markets News
Stock market today: World shares are mixed as investors eye the US election
World shares were mixed on Tuesday, with major benchmarks in Asia gaining more than 1%, as investors awaited the outcome of the U.S. presidential election and other potentially market-rattling events this week. This week brings bring various potential flashpoints, among them...
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues. Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $111.1 billion...
Boise Cascade: Q3 Earnings Snapshot
BOISE, Idaho (AP) — BOISE, Idaho (AP) — Boise Cascade L.L.C. (BCC) on Monday reported third-quarter profit of $91 million. On a per-share basis, the Boise, Idaho-based company said it had net income of $2.33. The results did not meet Wall Street expectations. The...
Stock market today: Wall Street drifts ahead of Election Day and a manic week for markets
NEW YORK (AP) — U.S. stocks drifted lower Monday ahead of a momentous week full of potential flashpoints in Washington, D.C., and around the world. The S&P 500 slipped 0.3%, though it remains near its record set last month. The Dow Jones Industrial Average fell 257 points,...
Huntsman: Q3 Earnings Snapshot
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Monday reported a loss of $33 million in its third quarter. On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 19 cents. Earnings, adjusted for non-recurring costs,...
How major US stock indexes fared Monday, 11/4/2024
U.S. stocks drifted ahead of a momentous week full of potential flashpoints, while oil prices climbed and Treasury yields dropped. The S&P 500 slipped 0.3% Monday, even though the majority of stocks within the index rose. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq...
Purple Innovation: Q3 Earnings Snapshot
LEHI, Utah (AP) — LEHI, Utah (AP) — Purple Innovation, Inc. (PRPL) on Monday reported a loss of $39.2 million in its third quarter. On a per-share basis, the Lehi, Utah-based company said it had a loss of 36 cents. Losses, adjusted for one-time gains and costs, were 8 cents per...
Brookfield: Q3 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Brookfield Asset Management Ltd. (BAM) on Monday reported third-quarter profit of $544 million. The Toronto-based company said it had profit of 33 cents per share. Earnings, adjusted for non-recurring costs, were 38 cents per share. ...
A TV as big as a bed? With the holidays approaching, stores stock more supersize sets
NEW YORK (AP) — For some television viewers, size apparently does matter. Forget the 65-inch TVs that were considered bigger than average a decade ago. In time for the holidays, manufacturers and retailers are rolling out more XXL screens measuring more than 8 feet across. That's...
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
NEW YORK (AP) — Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems. Paint-maker Sherwin-Williams will also...
