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Asian stocks higher as investors watch corporate earnings

Oct. 19, 2021 05:00 AM EDT

BEIJING (AP) — European stocks opened lower while Asian markets advanced Tuesday as investors waited for U.S. corporate results to see how companies are coping with supply disruptions and the last quarter's surge in coronavirus infections. Shanghai, Tokyo and Hong Kong...

Asian stocks higher as investors watch corporate earnings

Oct. 19, 2021 00:08 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher as investors waited Tuesday for U.S. corporate results to see how companies are coping with supply disruptions and the past quarter's surge in coronavirus infections. Shanghai, Tokyo, Hong Kong and Sydney...

This Week: Tesla earns, US home sales, AmEx earns

Oct. 18, 2021 01:14 AM EDT

A look at some of the key business events and economic indicators upcoming this week: CHARGED UP Wall Street expects another solid quarterly snapshot from Tesla. Analysts predict the electric vehicle maker will report Wednesday...

Alcoa, Goldman Sachs rise; Duck Creek, Corsair Gaming fall

Oct. 15, 2021 16:47 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Goldman Sachs Inc., up $14.87 to $406.07. The investment bank's earnings jumped 60% as corporate deals surged this summer, bringing in millions in fees. ...

Goldman Sachs' profits jump 60% helped by deal-making frenzy

Oct. 15, 2021 10:34 AM EDT

NEW YORK (AP) — Goldman Sachs' profits jumped 60% in the third quarter, as the deal-making bonanza that dominated financial markets this summer brought in hundreds of millions of dollars in fee revenue for the investment bank. The New York-based firm said Friday that...

UnitedHealth, Bank of America rise; Occidental, Boeing fall

Oct. 14, 2021 16:26 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: UnitedHealth Group Inc., up $16.81 to $420.36. The health insurer raised its profit forecast for the year after reporting strong third-quarter financial results. ...

‘Make-or-break quarter’ on Wall Street as earnings roll in

Oct. 14, 2021 09:31 AM EDT

NEW YORK (AP) — Crunch time is coming to Wall Street. Throughout this gilded year for investors, growth has kept accelerating for all kinds of forces that boost stock prices, sending the S&P 500 to more than 40 records. Now, though, investors are preparing for life...

UnitedHealth boosts outlook, again, after big Q3 numbers

Oct. 14, 2021 07:32 AM EDT

MINNETONKA, Minn. (AP) — UnitedHealth's Optum division continues to outperform and after putting up better-than-expected numbers for the third quarter, the nation's largest health insurer raised its outlook for 2021 for the third time. UnitedHealth runs...

Delta posts $1.2 billion Q3 profit, touts holiday bookings

Oct. 13, 2021 17:00 PM EDT

Delta Air Lines posted a $1.2 billion profit for the third quarter on Wednesday, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest” loss in the fourth quarter. The airline also...

JPMorgan's 3Q profits rise, but low rates weigh on revenue

Oct. 13, 2021 13:05 PM EDT

NEW YORK (AP) — JPMorgan Chase posted a 24% jump in third-quarter profits on Wednesday, largely driven by one-time items that boosted its results, as the bank struggled to grow revenues with interest rates at near-zero levels. Despite the slow revenue growth, the bank...