A gentleman exits Walgreens pharmacy in New York City on March 09, 2023. Credits: Leonardo Munoz | Corbis News | Getty Images Discover the top-performing companies during premarket trading: Walgreens Boots Alliance — The leading retail pharmacy chain experienced a decline of approximately 7% after revising its full-year earnings projection to $4 to $4.05 per …
Nurphoto | Nurphoto | Getty Images Delta Air Lines announced on Tuesday that it has raised its second-quarter forecast and projected full-year adjusted earnings of $6 per share, which falls within the upper range of its previous estimates given in April this year. The airline attributes this positive outlook to robust travel demand and customers …
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Shares of online money transfer firm Wise surged nearly 18% on Tuesday after reporting a significant increase in profits attributed to rising interest income. In a statement to the stock market, Wise stated that its pre-tax profit …
Hong Kong observation wheel, and the Hong Kong and Shanghai Bank, HSBC building, Victoria harbor, Hong Kong, China. Ucg | Universal Images Group | Getty Images According to HSBC Asset Management, the U.S. is expected to enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession in 2024.” …
Budrul Chukrut | Lightrocket | Getty Images Here are today’s trending companies: Lucid Group – Lucid shares saw a 9% increase as the electric vehicle manufacturer announced a partnership with British luxury automaker Aston Martin to supply powertrain and battery systems. WSFS Financial – Regional bank WSFS Financial saw a 4.4% increase in its stock …
Federal Reserve Chairman Jerome Powell confirmed on Wednesday that there will likely be more interest rate increases until significant progress is made in reducing inflation. In his remarks to the House Financial Services Committee, Powell stated that the recent decision to not raise rates was only a temporary pause and not an indication that the …
A woman walks past a FedEx Ground vehicle parked in the Midtown neighborhood of New York, Dec. 4, 2015. John Taggart | Bloomberg | Getty Images Discover the top trending companies in premarket trading. FedEx — The shipping giant’s shares declined by 2.9% following the release of its quarterly results. While FedEx exceeded earnings expectations, …
The live stream is scheduled to begin at 10 a.m. ET. If the player does not appear at that time, please refresh the page. Today, Federal Reserve Chairman Jerome Powell will address the House Financial Services Committee as part of his two-day testimony on monetary policy on Capitol Hill. These sessions are held biannually. In …
The livestream is scheduled to begin at 10 a.m. ET. If you do not see the player above at that time, please refresh the page. Today, Federal Reserve Chair Jerome Powell will make his second appearance on Capitol Hill to discuss monetary policy. Following his testimony before the House Financial Services Committee yesterday, Powell will …
A Longhorn Steakhouse restaurant in Thornton, Colorado, U.S., on Friday, March 19, 2021. Darden Restaurants Inc. is set to release its earnings figures on March 25. Chet Strange | Bloomberg | Getty Images Darden Restaurants reported quarterly earnings yesterday, surpassing the expectations of Wall Street analysts, mainly due to strong sales at LongHorn Steakhouse. However, …