By Pete Schroeder WASHINGTON (Reuters) – U.S. banks reported Wednesday a slowdown in profits in the third quarter of the year, as lower noninterest income and higher realized losses on …
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By Bansari Mayur Kamdar (Reuters) – The biggest U.S. ETF tracking clean energy shares was on track for record annual outflows as a rapid rise in interest rates, surging raw …
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Higher Gas Prices Under Biden Will Take A Bite Out Of Americans’ Wallets This Thanksgiving Weekend Nick Pope on November 23, 2023 While the White House has tried to spin …
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(Reuters) – Walt Disney said on Tuesday the new collective bargaining agreements with the Directors Guild of America, WGA and SAG-AFTRA will lead to increased costs to create content. The …
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By Matt Tracy (Reuters) – Investment bank Morgan Stanley is recommending that corporate bond investors focus on higher quality investment-grade and high-yield bonds headed into next year, as a wave …
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TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday asked business leaders to raise wages in next year’s spring labour negotiations to a level higher than this year’s against …
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By Md Manzer Hussain (Reuters) – Gulf stock markets put in a mixed performance on Sunday as higher oil prices were offset by worries of faltering demand from China, the …
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By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Thursday said the era of super-low interest rates was likely over and warned businesses and households to …
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(Reuters) -Domino’s Pizza Group on Thursday reported a fall in meal deliveries in the third quarter as customers cut back on ordering in as they grapple with higher living costs. …
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(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well as strong demand for its …
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By Lefteris Papadimas ATHENS (Reuters) – Alpha Bank and Piraeus Bank reported on Friday a jump in profits for the first nine months of 2023 as higher rates boosted net …
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(Reuters) – Monster Beverage Corp beat estimates for third-quarter profit on Thursday, helped by higher pricing for its energy drinks and hard seltzers, sending the company’s shares up about 3% …
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(Reuters) – American Electric Power on Thursday beat profit estimates for the third quarter, as the utility benefited from higher electricity rates and customer additions. That helped the company, one …
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NEW YORK (Reuters) – Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher retail margins and so-called rider charges which are …
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(Reuters) – Insurance provider Aflac on Wednesday reported third-quarter profit above estimates, helped by higher premium revenue from its U.S. unit and strong gains on its investments. Its U.S. unit …
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By Arathy Somasekhar HOUSTON (Reuters) – Marathon Oil on Wednesday posted a third quarter profit that fell 44% from a year ago as energy prices fell, but results beat Wall …
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that market borrowing costs would need to be sustainably higher for that to bear on …
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By Rishav Chatterjee (Reuters) -Australia’s Domino’s Pizza Enterprises on Wednesday said it expects earnings in fiscal 2024 to be significantly higher than 2023 as it continues to cut costs. Domino’s …
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(Reuters) – Global index provider MSCI on Tuesday posted a higher third-quarter profit as product subscriptions benefited from a market recovery led by bets of the U.S. Federal Reserve easing …
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(Reuters) – Public Storage on Monday raised its full-year outlook for revenue growth and core funds from operation (FFO) per share, on higher move-in volumes and improved occupancy in its …
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(Reuters) – Loews Corp on Monday reported a profit in the third quarter compared to a loss a year earlier, boosted by higher investments and insurance unit CNA Financial’s strong …
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By Manya Saini and Niket Nishant (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to open higher on Tuesday as …
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NEW YORK (Reuters) – U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market expectations that the Federal Reserve …
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MARRAKECH, Morocco (Reuters) – World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies across the globe. He also …