Market updates

Market Chatter: Hershey Company Cuts Jobs as Part of Productivity In...

Market Chatter: Hershey Company Cuts Jobs as Part of Productivity Initiative

Eco Buildings Secures Preliminary Order from Albanian Client

Eco Buildings Group, a modular housing company, has secured a preliminary order for 5,000 square meters of walling from R&T Sh.p.K. This order is inte...

Annuities’ New Golden Age Probably Isn’t Over Yet

HEARD ON THE STREET It has been a historic couple of years for annuity sales, fueled by the highest interest rates in a generation. Will falling rates...

Thames Water Warns of Only Eight Months’ Cash Reserves

Thames Water has issued a warning regarding its financial situation, stating that its cash runway is projected to expire in May 2025 unless a refinanc...

Low-Slung Data Centers Look to the Sky

The boxy, hulking design, standard for decades, is being reimagined: Data centers are going taller, at times getting slick facades. ‘They can’t just b...

These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Le...

FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies after the company announces...

Mark Zuckerberg declares Meta ‘the opposite’ of Apple in comments re...

If Mark Zuckerberg’s new laid-back look—complete with shaggy hair and chunky gold chain—is any indication, he’s much different from the straightlaced,...

German Industrial Producer Prices Drop 0.8% in August

In August, German industrial producer prices saw a year-on-year decrease of 0.8%, primarily attributed to lower energy costs, according to official da...

Lennar Beats Earnings Estimates. The Stock Drops.

Lennar reported third-quarter earnings on Thursday that beat estimates as homes for sale remained in short supply. Lennar reported earnings of $4.26 a...

Sunny Summer Boosts Retail Sales: A Seasonal Surge!

Retail sales reached their highest level in over two years in August, according to official data released on Friday, surpassing forecasts and reflecti...

PBOC Keeps Rates Steady Amid Weakening Recovery

The People's Bank of China (PBOC) surprised analysts on Friday by maintaining benchmark interest rates despite growing calls for policy easing amid a...

Government Borrowing Surpasses Expectations: What Does This Mean for...

Higher-than-anticipated borrowing in August led public sector net debt to reach 100% of GDP, according to official figures released on Friday.,The Off...

Europe Opens: Shares Dip as Investors Weigh Rate Decisions; Mercedes...

European shares opened lower as market participants processed a series of interest rate decisions from central banks worldwide, while automakers faced...

London Pre-Open: Stocks Set to Fall Amid Retail Sales and Consumer C...

London stocks were poised to decline at the open on Friday after solid gains the previous day, as market participants assessed a drop in consumer conf...

LightPath Technologies Inc (LPTH) Q4 2024 Earnings Call Transcript H...

Revenue: $8.6 million for Q4 2024, down from $9.7 million in Q4 2023. Infrared Component Sales: $3 million, 35% of consolidated revenue. Visible Compo...

Valmet to supply a new BCTMP line and an evaporator line to JK Paper...

Valmet Oyj press release, September 20, 2024, at 9:30 a.m. EEST ESPOO, Finland, Sept. 20, 2024 /PRNewswire/ -- Valmet is to supply a new bleached chem...

Southwest Airlines Co. 2024 Investor Day

DALLAS, Sept. 19, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its 2024 Investor Day. Southwest...

Macy's to hire more than 31,500 employees for holiday season

(Reuters) - Macy's said on Thursday it will hire more than 31,500 full and part-time employees for the upcoming holiday season - fewer than last year...

Woodside Contributes $50,000 to Hurricane Francine Relief Efforts

HOUSTON--(BUSINESS WIRE)--Woodside Energy will contribute $50,000 to the Bayou Community Foundation in support of relief efforts following Hurricane F...

Taylor Swift's Eras Tour means big bucks for United Airlines

Image: Kate Green (Getty Images) United Airlines (UAL) says it’s seen a surge in demand for flights, thanks to Taylor Swift’s Eras Tour. Chief commerc...