Latest Financial markets News
Stock market today: Wall Street falls sharply after dispiriting data on the economy, as Meta sinks
NEW YORK (AP) — U.S. stocks are tumbling Thursday after a report suggesting flagging economic growth and still-high inflation hurt the hopes that have kept Wall Street high recently. A sharp drop for Meta Platforms, one of Wall Street’s most influential stocks, also dragged the market lower. ...
That's rich: Rise in all-cash transactions helping drive price gains for most expensive US homes
LOS ANGELES (AP) — Well-heeled home shoppers are increasingly paying cash, helping turbo-charge price gains for the most expensive U.S. homes. The median sale price of luxury homes, or those valued in the top 5% of the market nationally, hit an all-time high $1.23 million in the...
Hess: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Hess Corp. (HES) on Thursday reported first-quarter earnings of $972 million. On a per-share basis, the New York-based company said it had net income of $3.16. The results exceeded Wall Street expectations. The average estimate of...
Lincoln Electric: Q1 Earnings Snapshot
CLEVELAND (AP) — CLEVELAND (AP) — Lincoln Electric Holdings Inc. (LECO) on Thursday reported first-quarter earnings of $123.4 million. On a per-share basis, the Cleveland-based company said it had profit of $2.14. Earnings, adjusted for one-time gains and costs, were $2.23 per...
Imax: Q1 Earnings Snapshot
MISSISSAUGA, Ontario (AP) — MISSISSAUGA, Ontario (AP) — Imax Corp. (IMAX) on Thursday reported first-quarter net income of $3.3 million. On a per-share basis, the Mississauga, Ontario-based company said it had net income of 6 cents. Earnings, adjusted for one-time gains and...
S&P Global: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — S&P Global Inc. (SPGI) on Thursday reported first-quarter earnings of $991 million. On a per-share basis, the New York-based company said it had profit of $3.16. Earnings, adjusted for amortization costs and non-recurring costs, were $4.01 per...
Kirby: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Kirby Corp. (KEX) on Thursday reported first-quarter earnings of $70.1 million. On a per-share basis, the Houston-based company said it had net income of $1.19. The results beat Wall Street expectations. The average estimate of three...
Newmont: Q1 Earnings Snapshot
DENVER (AP) — DENVER (AP) — Newmont Corporation (NEM) on Thursday reported first-quarter net income of $170 million. On a per-share basis, the Denver-based company said it had profit of 15 cents. Earnings, adjusted for one-time gains and costs, came to 55 cents per share. ...
Tradeweb: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Tradeweb Markets Inc. (TW) on Thursday reported first-quarter net income of $126.1 million. The New York-based company said it had earnings of 59 cents per share. Earnings, adjusted for non-recurring costs, came to 71 cents per share. ...
Bristol Myers: Q1 Earnings Snapshot
PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Bristol Myers Squibb Co. (BMY) on Thursday reported a first-quarter loss of $11.91 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the Princeton, New Jersey-based company said it had a loss...
