News

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05 Nov 2024 21:21

U.S. Trade Deficit Reaches $84.4 Billion in September

Daily News

The U.S. trade deficit sharply increased in September, reaching $84.4 billion. This figure indicates a 19.2% rise compared to the revised $70.8 billion deficit in...

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05 Nov 2024 21:20

Devon Energy's Q3 Earnings Beat Expectations, Stock Climbs 3%

Daily News

OKLAHOMA CITY - Devon Energy Corp. (NYSE:DVN) announced its third-quarter results for 2024. While the company's revenue exceeded expectations, earnings fell sligh...

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05 Nov 2024 21:20

Exact Sciences Shares Plunge Amid Weak Results and Downgraded Guidance

Daily News

MADISON, Wis. - Shares of Exact Sciences Corp. (NASDAQ:EXAS), a provider of cancer screening and diagnostic tests, fell 25% following third-quarter results that m...

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05 Nov 2024 21:15

MasterBrand's Q3 Revenue Surpasses Expectations, But Earnings Per Share Fall Short

Daily News

NEW YORK - MasterBrand, Inc. (NYSE:MBC) reported that its third-quarter revenue exceeded analyst expectations, although earnings per share fell short of forecasts...

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05 Nov 2024 21:15

Masimo Shares Decline as Fourth Quarter Revenue Expectations Disappoint

Daily News

IRVINE, California - Masimo Corporation (NASDAQ:MASI) reported third-quarter earnings that exceeded analyst expectations, but shares dropped by 7.5% as fourth-qua...

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05 Nov 2024 21:13

Coupang Shares Decline Following Third Quarter Earnings

Daily News

SEATTLE - Coupang, Inc. (NYSE:CPNG) announced third-quarter earnings that exceeded analyst expectations, but the company's stock fell 3.5% in after-hours trading....

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05 Nov 2024 21:12

Revolve Group Stocks Rise 10% on Strong Q3 Results and Positive Outlook

Daily News

NEW YORK - Shares of online fashion retailer Revolve Group Inc (NYSE:RVLV) rose 10% in after-hours trading on Tuesday following third-quarter results that exceede...

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05 Nov 2024 21:11

Lumen Technologies Shares Surge 7.68% After Beating Earnings Estimates

Daily News

NEW YORK - Lumen Technologies, Inc. (NYSE: LUMN) announced its third-quarter revenue after the market closed on Tuesday, exceeding analyst expectations, and the c...

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05 Nov 2024 21:01

EU Regulators Set to Penalize Apple Under New Technology Rules

Daily News

According to sources close to the subject, Apple Inc. (NASDAQ:AAPL) is on the verge of receiving a fine from European Union antitrust regulators. The penalty is b...

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05 Nov 2024 20:42

ADM Shares Decline Amid Profit Warning and Accounting Issues

Daily News

Shares of global grain trader Archer-Daniels-Midland (NASDAQ: ADM) dropped 8% in pre-market trading today after the company announced a reduction in its adjusted ...

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05 Nov 2024 20:37

Canada's September Trade Deficit Surpasses Expectations

Daily News

OTTAWA - Canada's trade deficit in September amounted to CA$1.26 billion (US$908 million), exceeding analysts' expectations. This figure indicates that the countr...

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05 Nov 2024 20:36

Amazon CEO Addresses Employee Concerns Regarding Office Work Mandate

Daily News

In a recent general meeting, Amazon (NASDAQ:AMZN) CEO Andy Jassy addressed the company's controversial decision to require employees to work in the office five da...

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05 Nov 2024 20:31

Burberry CEO Develops Strategy Amidst Sales Decline

Daily News

Joshua Schulman, the newly appointed CEO of British luxury fashion house Burberry (LON:BRBY), is facing significant challenges as he steps into his role amid a sh...

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05 Nov 2024 20:01

Brazilian Government Advances in Spending Control Discussions

Daily News

BRASILIA - The Brazilian government is actively engaging in high-level discussions to finalize anticipated spending control measures, which are critical for maint...

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05 Nov 2024 19:56

Canada's Service Sector Expanded in October, PMI Data Indicates

Daily News

According to the S&P Global Canada Services Purchasing Managers' Index (PMI) data published on Tuesday, Canada's service sector recorded growth for the first time...

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05 Nov 2024 19:55

Freeport's Chile President Highlights Permit Delays as a Significant Issue

Daily News

SANTIAGO - Mario Larenas, the senior executive of Freeport-McMoRan (NYSE:FCX) in Chile, expressed significant concerns regarding the long delays in implementing r...

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05 Nov 2024 19:54

U.S. Service Sector Reaches Two-Year High Amid Election Climate

Daily News

In October, the U.S. services sector demonstrated stronger activity as a critical component of the economy, reaching a peak not seen in over two years. The Instit...

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05 Nov 2024 19:52

Malaysia's Central Bank Poised for U.S. Election Results

Daily News

Bank Negara Malaysia (BNM), in light of the upcoming U.S. presidential elections, has announced its readiness to manage potential market volatility. The bank is c...

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05 Nov 2024 19:51

FBI Warns Public About Fake Election Threat Videos

Daily News

WASHINGTON - The Federal Bureau of Investigation (FBI) issued a warning about two counterfeit videos that contain false claims regarding terrorism threats aimed a...

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05 Nov 2024 19:50

Hedge Funds Perform Better During Democratic Presidential Terms, Research Reveals

Daily News

A new study conducted by Hedge Fund Research (HFR) shows that hedge funds tend to perform better when a Democrat is the U.S. president. Data tracking global hedge...

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05 Nov 2024 19:48

Energy Companies Evacuate Workers as Storm Rafael Approaches Gulf of Mexico

Daily News

Energy companies operating in the Gulf of Mexico are taking precautions against Tropical Storm Rafael, which is advancing toward the region at a maximum speed of ...

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