On Friday, CNBC’s Jim Cramer warned investors not to make trading decisions on the back of a company’s earnings report. Stocks rallied on Friday after initially falling on quarterly earnings reports and recession warnings from major banks. All three major indexes ended the week higher as investors digested a series of earnings reports and economic … Read more
Text size Bank of America publishes its latest quarterly results on Friday. The time of dreams Rising interest rates have pushed up Bank of America in fourth quarter revenue as the bank posted a slight increase in profits. Bank of America (ticker: BAC) reported revenue of $24.5 billion in the quarter, beating estimates of $24.2 … Read more
Text size Bank of America publishes its latest quarterly results on Friday. The time of dreams Rising interest rates have pushed up Bank of America in fourth quarter revenue as the bank posted a slight increase in profits. Bank of America (ticker: BAC) reported revenue of $24.5 billion in the quarter, beating estimates of $24.2 … Read more
Delta Air Lines Airbus A330neo or A330-900 with neo engine option from the European aircraft manufacturer, seen departing from Amsterdam Schiphol AMS EHAM International Airport. Nicolas Economou | NurPhoto | Getty Images Delta Airlines Fourth-quarter earnings and revenue beat expectations on Friday, but shares fell on the carrier’s first-quarter outlook. Delta expects to earn 15 … Read more
China’s December exports fell less than expected China’s exports and imports fell less than expected for December, according to the customs administration. Chinese exports fell 9.9% in December from a year ago, in US dollar terms, slightly better than the 10% drop predicted by a Reuters poll. Imports fell 7.5% in December from a year … Read more
China’s December exports fell less than expected China’s exports and imports fell less than expected for December, according to the customs administration. Chinese exports fell 9.9% in December from a year ago, in US dollar terms, slightly better than the 10% drop predicted by a Reuters poll. Imports fell 7.5% in December from a year … Read more
Signage is seen on the Chamber of Commerce building in the Manhattan borough of New York, New York, U.S. April 21, 2021. andrew kelly | Reuters A leading business advocacy group has pledged to sue the Federal Trade Commission if it follows through on a proposal to ban non-competition clauses in workers’ contracts — an … Read more
Inflation data may no longer be the great catalyst for equities that it once was. US stocks rebounded to close higher on Thursday, even as investors received encouraging inflation news after December’s consumer price index posted its first monthly decline since the pandemic swept the world. in 2020. Considering that inflation has been one of … Read more
Stock futures were flat in overnight trading Thursday as investors braced for the start of big bank earnings. Dow Jones Industrial Average and S&P 500 futures were flat, while Nasdaq 100 futures fell 0.10%. The overnight moves followed a positive day for all three major indices. The Nasdaq Composite snatched its fifth day of gains … Read more
Text size A Bed Bath & Beyond store in Farmingdale, NY on January 6. Johnny Milano/Bloomberg Bed bath and beyond shareholders are at increasing risk of being wiped out by bankruptcy, but you wouldn’t know that by looking at the retailer’s stock this week. Bed Bath (ticker: BBBY) stock rose another 69% to $3.49 per … Read more