Stock Groups

U.S. corporate bonds perk up after stock selloff By Reuters

© Reuters. FILE PHOTO A trader is seen on the New York Stock Exchange’s trading floor in Manhattan. This was August 9, 2021. REUTERS/Andrew Kelly/File Photo CHICAGO (Reuters) – Like the U.S. stock market, the nation’s corporate bond market on Tuesday steadied one day after fear of contagion risk from debt-troubled China property developer Evergrande […]

Stock Groups

Exclusive-Taliban names Afghan U.N. envoy, asks to speak to world leaders By Reuters

© Reuters. FILE PHOTO – Taliban spokesperson?Suhail Shaheen departs after attending a press conference in Moscow (Russia) on July 9, 2021. REUTERS/Tatyana Makeyeva By Michelle Nichols UNITED NATIONS (Reuters) – The Taliban have asked to address world leaders at the United Nations in New York this week and nominated their Doha-based spokesman Suhail Shaheen as […]

Stock Groups

FedEx quarterly profit falls on labor costs By Reuters

© Reuters. FILE PHOTO A FedEx truck drives through the downtown area of Los Angeles on July 22, 2019, U.S.A. REUTERS/Mike Blake/File Photo (Reuters) – U.S. delivery firm FedEx Corp (NYSE:) posted a decline in quarterly profit on Tuesday, after labor costs crimped earnings growth from surging e-commerce shipping and higher rates and fees. From […]

Stock Groups

Adobe Earnings, Revenue Beat in Q3 By Investing.com

© Reuters. Adobe Earnings, Revenue Beat in Q3 Investing.com – Adobe (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations. Adobe reported earnings per share at $3.11 for revenue of $3.94B. Investing.com polled analysts and predicted EPS at $3.01 for revenue $3.9B. Adobe shares rose 29% over the first […]

Stock Groups

U.S. House Democrats advance abortion rights bill, Senate passage unlikely By Reuters

© Reuters. FILE PHOTO : Representative Norma Torres (D.CA) addresses a House Rules Committee committee hearing regarding the impeachment proceedings against President Donald Trump. This was on Capitol Hill in Washington. December 17, 2019. Jacquelyn Martin/Pool via REUTERS WASHINGTON (Reuters) – Democrats in the U.S. House of Representatives advanced a bill on Tuesday that would […]

Stock Groups

FedEx Earnings Miss, Revenue Beats In Q1 By Investing.com

© Reuters. FedEx Earnings Miss, Revenue Beats In Q1 Investing.com – FedEx (NYSE:) reported on Tuesday first quarter that missed analysts’ forecasts and revenue that topped expectations. FedEx posted earnings per share (EPS) of $4.37 on $22.00B revenue. Investing.com polled analysts and predicted EPS at $4.94 for revenue of $21.9B. FedEx shares fell 2% over […]

Stock Groups

Russia to spend $34 billion from rainy-day fund despite inflation worries By Reuters

© Reuters. This picture illustrates the Russian rouble coin. It was taken on October 26, 2018. Picture taken October 26, 2018. REUTERS/Maxim Shemetov By Darya Korsunskaya and Katya Golubkova MOSCOW (Reuters) – Russia will spend around 2.5 trillion roubles ($34 billion) from its National Wealth Fund (NWF) in the next three years to help revive […]

Stock Groups

U.S., several states file antitrust lawsuit against American Airlines, JetBlue By Reuters

2/2 © Reuters. FILE PHOTO A Boeing 777-300ER aircraft of American Airlines takes off from Sydney Airport, Sydney, Australia on October 28, 2020. REUTERS/Loren Elliott/File Photo 2/2 (Reuters) – The United States and several U.S. states on Tuesday filed an antitrust lawsuit against American Airlines (NASDAQ:) Group Inc and JetBlue Airways (NASDAQ:) Corp, according to […]

Stock Groups

Mirror founder Brynn Putnam to step down as CEO, Lululemon says

Mirror CEO Brynn Putnam appears on CNBC’s “Squawk Alley”. CNBC Brynn Putnam is stepping down as chief executive of connected fitness company Mirror, which is owned by Lululemon, CNBC has learned. Putnam, a former professional ballet dancer, founded Mirror in 2016. Mirror founder Putnam will remain as an advisor until July 2017. While the company […]

Stock Groups

U.S. committee reviews Zoom’s planned $14.7 billion Five9 acquisition

Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images A U.S. government committee is reviewing Zoom’s agreement to acquire cloud contact center software company Five9 for $14.7 billion on national-security grounds. According to a letter dated Aug. 27, and posted on […]