Check out some of the biggest manufacturers in the pre-market: Nordstrom – Retail shares rose 30.5% in pre-market trading after the company posted better-than-expected results for the fourth quarter. Nordstrom reported earnings of $ 1.23 per share, compared to Refinitiv’s expected consensus estimate of $ 1.02. Revenues also exceeded expectations. The retailer highlighted the improvements …
Inscriptions at the Job News USA Career Fair in Louisville, Kentucky, June 23, 2021. Luke Charette Bloomberg | Getty Images Private job creation rose faster than expected in February, according to a census released Wednesday by payroll firm ADP. The companies added 475,000 positions for the month, better than the Dow Jones estimate of 400,000. …
Worker in an oil field developed by Almetyevneft, Tatneft’s Oil and Gas Production Board (NGDU). Egor Aleev | TASS | Getty Images An influential energy alliance, known as OPEC +, will meet on Wednesday to determine the next phase of production policy. This comes as crude prices rise to multi-year highs due to fears of …
OPEC + agrees to increase production despite rising oil prices Read More »
The sign for the sale of real estate on the house shows an upcoming open house in Washington, DC. Saul Loeb AFP | Getty Images Demand for mortgages stopped last week as interest rates peaked for many years, but that is likely to change quickly. Tariffs are now falling rapidly due to the Russian invasion …
“Russia’s economy is being hit hard,” Kremlin spokesman Dmitry Peskov told foreign journalists. “But there is a certain safety margin, there is potential, there are some plans, the work is underway.” Peskov was answering a question about US President Joe Biden’s remark in his speech on the state of the union that the Russian economy …
Russia says the economy is suffering “serious blows” with increasing isolation Read More »
Shares of Salesforce rose on Wednesday, after gains for the quarter for January fell from a year earlier, but exceeded views, while earnings exceeded analysts’ estimates. The earnings guidelines for the CRM stock software maker were above expectations, while earnings forecasts were missed. x Salesforce (CRM) reported a profit for the fourth quarter after the …
CRM stocks are rising as profits, highest revenue estimates Read More »
Tesla CEO Elon Musk shared a new remark to Joe Biden on Tuesday after the US president’s speech on the state of the Union. Both in his speech and later on Twitter, Biden praised Ford and GM’s investments in electric vehicles and the jobs they will create. “Something is happening in America. Just look around …
People attend the all-electric SUV of the Ford Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, United States, November 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor said Wednesday it would reorganize operations to split its electric and internal combustion engine business into separate units within the automaker. The …
Ford divides electric cars and old cars into separate units Read More »
BMO Capital Markets chief strategist Brian Belsky predicts how the market will continue to respond to the Russia-Ukraine conflict on Morning with Maria. US stock futures spent hours jumping between gains and losses during the night. The main futures indices suggest a gain of 0.7% at the opening bell. RUSSIA INVASES UKRAINE: LIVE UPDATES Oil …
Stock futures are rising, with oil rising close to $ 110 a barrel Read More »
Here’s a look at the latest big corporate announcements. Cars Ford announced on Tuesday that it was suspending operations in Russia. The American carmaker has a 50% stake in Ford Sollers, a joint venture that employs at least 4,000 people and is shared with Russia’s Sollers. Ford said earlier Tuesday that it was “deeply concerned …
Companies are withdrawing from Russia because of the war in Ukraine Read More »
