Latest Financial markets News
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
DETROIT (AP) — Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline. The Dearborn, Michigan, automaker said Wednesday it made $1.33 billion from January through March, compared with $1.76...
Stock market today: Tesla cruises higher as most of Wall Street drifts in mixed trading
NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday as Wall Street’s momentum eased following some sharp swerves. The S&P 500 was virtually flat and edged up by 1.08, or less than 0.1%, to 5,071.63. It had jumped sharply in the first two days of the week to claw...
PennyMac Mortgage: Q1 Earnings Snapshot
WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — PennyMac Mortgage Investment Trust (PMT) on Wednesday reported first-quarter net income of $47.6 million. On a per-share basis, the Westlake Village, California-based company said it had profit of 39 cents. ...
Alerus: Q1 Earnings Snapshot
GRAND FORKS, N.D. (AP) — GRAND FORKS, N.D. (AP) — Alerus Financial Corporation (ALRS) on Wednesday reported first-quarter earnings of $6.4 million. On a per-share basis, the Grand Forks, North Dakota-based company said it had net income of 32 cents. The results...
Pegasystems: Q1 Earnings Snapshot
CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Pegasystems Inc. (PEGA) on Wednesday reported a loss of $12.1 million in its first quarter. The Cambridge, Massachusetts-based company said it had a loss of 14 cents per share. Earnings, adjusted for one-time gains and costs, were...
Universal Health Services: Q1 Earnings Snapshot
KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Services Inc. (UHS) on Wednesday reported first-quarter earnings of $261.8 million. The King Of Prussia, Pennsylvania-based company said it had profit of $3.82 per share. Earnings, adjusted for non-recurring...
How major US stock indexes fared Wednesday, 4/24/2024
U.S. stocks drifted to a mixed finish. The S&P 500 closed little changed Wednesday after a two-day winning streak erased nearly two-thirds of last week’s steep loss. The Dow Jones Industrial Average fell 0.1%, and the Nasdaq composite edged up 0.1%. Tesla...
Canadian Pacific Kansas City: Q1 Earnings Snapshot
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Canadian Pacific Kansas City Limited (CP) on Wednesday reported first-quarter profit of $574.9 million. On a per-share basis, the Calgary, Alberta-based company said it had net income of 62 cents. Earnings, adjusted for...
FirstService: Q1 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — FirstService Corp. (FSV) on Wednesday reported first-quarter net income of $6.3 million. The Toronto-based company said it had profit of 14 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share. ...
Watsco: Q1 Earnings Snapshot
MIAMI (AP) — MIAMI (AP) — Watsco Inc. (WSO) on Wednesday reported first-quarter earnings of $87 million. On a per-share basis, the Miami-based company said it had net income of $2.17. The results missed Wall Street expectations. The average estimate of four...