U.S. Midwest, Mountain West oil activity declines in third quarter – Fed survey
By Liz Hampton DENVER (Reuters) – Oil and gas activity in the U.S. Midwest and Mountain West declined in the third quarter, but remains generally …
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Egypt’s current account deficit drops by half in April-June quarter
CAIRO (Reuters) – Egypt’s current account deficit fell by almost half in the April-June quarter as non-oil imports tumbled by nearly 20% from the previous …
Rivian produces over 7,000 vehicles in third quarter, maintains full-year target
(Reuters) -Rivian Automotive Inc said on Monday it produced 7,363 vehicles at its manufacturing facility in Normal, Illinois and delivered 6,584 vehicles in the quarter …
European shares kick off last quarter of 2022 on upbeat note
By Devik Jain and Amruta Khandekar (Reuters) – European shares gained on Monday, in a positive start to the last quarter of this year, as …
Marketmind: Quiet start after torrid quarter
A look at the day ahead in European and global markets from Anshuman Daga After a tumultuous quarter that saw global inflation and borrowing costs …
Commerzbank foresees difficult fourth quarter – intranet post
FRANKFURT (Reuters) – Commerzbank’s top executives told employees on Friday that the next three months will be the hardest this year for the bank and …
Australia job vacancies dip from record highs in Aug quarter
SYDNEY (Reuters) – Job vacancies in Australia eased from all-time highs in the August quarter as positions were filled in the private sector, but openings …
U.S. oil refinery run-rates could top 90% for 3rd quarter in a row
By Erwin Seba HOUSTON (Reuters) – U.S. oil refinery utilization rates, a measure of how operators view future fuel demand, could top 90% next quarter …
Apple may move a quarter of iPhone production to India by 2025 -JPM
(Reuters) – Apple Inc may make one out of four iPhones in India by 2025, J.P.Morgan analysts said on Wednesday, as the tech giant moves …
Barclays forecasts contraction in fourth quarter for major economies
(Reuters) – Global growth is heading for an “increasingly synchronous downturn”, economists at Barclays said on Thursday, citing a deepening energy crisis in Europe, continued …
CMA CGM expects shipping slowdown after another strong quarter
PARIS (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM <CMACG.UL> said on Friday as it reported another …
Revisions confirm steep decline in U.S. productivity in second quarter
WASHINGTON (Reuters) – U.S. worker productivity plunged in the second quarter, leading to the largest year-on-year decline on record, the government confirmed on Thursday, keeping …
Watches of Switzerland more cautious after strong first quarter
By Silke Koltrowitz ZURICH – Luxury watch retailer Watches of Switzerland expects a potentially more challenging trading environment in the second half of its current …
Elliott exited Twitter during second quarter amid takeover frenzy, filings show
By Svea Herbst-Bayliss BOSTON – Elliott Management, the hedge fund that pushed for big changes at Twitter two years ago, exited the stock during the …
CRU Opens in New Orleans’ French Quarter
Atlanta, GA (PRESS RELEASE) CRU Lounge, owned by Atlanta-based entrepreneur Dennis McKinley, already the largest black-owned restaurant nightlife chain and largest hookah lounge chain in …
Brazil’s BRF shares tumble after weak quarter
By Ana Mano SAO PAULO – Investors dumped shares in Brazilian food processor BRF SA on Thursday after a wider-than-expected quarterly loss partly attributed by …
China’s Ant Group net profit fell 17.3% in March quarter – Alibaba filing
SHANGHAI – China’s Ant Group on Wednesday logged net profit of 11.38 billion yuan ($1.68 billion) in the quarter to March, down 17.3% from a …
United States Attorney’s Office Releases Second Quarter Immigration Enforcement Statistics for 2022
PHOENIX, Ariz. – Today, the United States Attorney’s Office announced its immigration enforcement statistics for April 2022 to June 2022. These cases are prosecuted in partnership …
‘More Money Than God’: Big Oil Posts Record-Breaking Profits in Second Quarter
‘More Money Than God’: Big Oil Posts Record-Breaking Profits in Second Quarter John Hugh DeMastri on July 29, 2022 UPDATE: This piece has been updated …
Quarter of firms reach Lloyd’s of London 35% target for women leaders
LONDON – A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, …
Twitter Blames Musk For Brutal Second Quarter Earnings
Twitter Blames Musk For Brutal Second Quarter Earnings Max Keating on July 22, 2022 Twitter’s second quarter earnings report released Friday underperformed analysts’ expectations, which …
Big Oil set to open cash taps with another record quarter
By Ron Bousso and Sabrina Valle LONDON/HOUSTON – Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what …
For U.S. card issuers, recession worries may foreshadow a good quarter
By Niket Nishant and Manya Saini (Reuters) – U.S. card companies are likely to strike a cautious tone in their quarterly results as rising prices …
Cetera Attracts Record $3.6 Billion in Second Quarter 2022
Business development results spike following key additions to sourcing and engagement team LOS ANGELES, July 13, 2022 — Cetera Financial Group, one of America’s largest …
CON EDISON TO REPORT 2nd QUARTER 2022 EARNINGS ON AUGUST 4
NEW YORK, July 6, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd quarter 2022 earnings on August 4, 2022 after …
Qatar’s economy grows 2.5% in first quarter
DUBAI – Qatar’s economy grew 2.5% in the first quarter from a year earlier, although the growth fell slightly from the previous quarter, official estimates …
Mitsubishi Motors Reports Second Quarter 2022 Sales, Outlander Sales Performance Continues to Lead the Way
The 2022 Outlander has earned outstanding customer and media accolades since launching in February of 2021. In that time, the seven-passenger SUV marked its best-four …
Exxon signals operating profits could double over the first quarter
By Sabrina Valle HOUSTON -Exxon Mobil Corp on Friday signaled that skyrocketing margins from fuel and crude sales could generate a record quarterly profit, according …
Whirlpool to exit Russia, take $300 million-$400 million hit in second quarter
(Reuters) – Whirlpool Corp has struck a deal to sell its operations in Russia to Turkish appliances maker Arçelik AS, the U.S. company said on …
Capital One Financial Corporation to Webcast Conference Call on Second Quarter 2022 Earnings
MCLEAN, Va., June 21, 2022 — On Thursday, July 21, 2022, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release …
Bank Indonesia to hold rates in June but start hiking next quarter
By Arsh Tushar Mogre and Shaloo Shrivastava BENGALURU -Bank Indonesia will leave its key interest rate steady at 3.50% on Thursday but over one-quarter of …
French central bank sees second quarter growth of 0.25%
PARIS – France’s economy should avoid falling into recession during the current quarter after contracting in the first three months of the year, the central …
NEW YORK COMMUNITY BANK TO ELIMINATE NON-SUFFICIENT FUND FEES; TO ROLL OUT EARLY PAY PRODUCT DURING THIRD QUARTER
HICKSVILLE, N.Y., June 6, 2022 — New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) the parent holding company of New York Community Bank (the …
VACANT ZOMBIE PROPERTIES RISING IN SECOND QUARTER AMID JUMP IN FORECLOSURE ACTIVITY
Zombie Foreclosures Up 3 Percent from First to Second Quarter of 2022 as Foreclosure Activity Increases 13 Percent; Increase in Empty Properties Facing Foreclosure Marks …
U.S. productivity tumbles in first quarter; labor costs surge
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government …
Brazil’s jobless rate drops to 10.5% in quarter through April
SAO PAULO – Brazil’s jobless rate fell to 10.5% in the three months through April, making it the lowest since early 2016, statistics agency IBGE …
French economy shrank in first quarter as inflation unnerves consumers
PARIS – France’s economy shrank unexpectedly in the first quarter as consumers struggled to cope with surging inflation, official data showed on Tuesday, putting pressure …
Turkish finance minister says economy grew 7% in first quarter
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Monday that preliminary indicators show the economy grew at a 7% pace in the first quarter …
Ad group S4 Capital posts 35% first quarter gross profit growth
LONDON – Martin Sorrell’s digital advertising group S4 Capital reported a 34.5% rise in first-quarter gross profit and reiterated its full-year outlook, saying it expected …
Egypt’s foreign debt rose by $8.1 billion in last quarter of 2021
CAIRO – Egypt’s net external debt climbed by $8.1 billion in the fourth quarter of 2021, central bank data showed on Sunday. Egypt had been …
Dividend payouts hit first quarter record, but outlook rocky
By Lucy Raitano LONDON – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to …
Third Point’s Loeb turns back on Disney, cools on Amazon in first quarter
By Svea Herbst-Bayliss BOSTON – Third Point liquidated its position in Walt Disney Co during the first quarter, two years after the hedge fund first …
Broadcaster ITV says ad market will get tougher after ‘robust’ quarter
LONDON – British broadcaster ITV said advertising markets would get much tougher in the months ahead, reflecting the absence of last year’s European Football championship, …
EM economic growth to slow sharply this quarter -JPMorgan
NEW YORK – Economic growth in emerging markets is set to slow “sharply” this quarter weighed by China, Russia and the spread of tighter monetary …
France to return to growth in second quarter – INSEE
PARIS – France’s economy will escape from stagnation in the current quarter and eke out meagre growth, although inflation will continue to weigh on consumers, …
CON EDISON REPORTS 2022 FIRST QUARTER EARNINGS
NEW YORK, May 5, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2022 first quarter net income for common stock of $602 …
SunPower Reports First Quarter 2022 Results
Recorded $350 million GAAP revenue, including record-high $336 million non-GAAP residential revenue, 41% year-over-year residential growth Added 16,500 customers, 40% year-over-year growth Entered second quarter …
CON EDISON REPORTS 2022 FIRST QUARTER EARNINGS USA – English USA – English
NEW YORK, May 5, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2022 first quarter net income for common stock of $602 …
Axa reports 2% rise in first quarter revenue, keeps 2023 targets
PARIS -French insurer Axa on Thursday posted a 2% rise in revenue, with strength in its health and casualty insurance business offsetting weakness in savings. …
Brazil’s BRF pledges changes after bad first quarter; shares tumble
By Ana Mano SAO PAULO – Brazilian food processor BRF SA on Thursday attributed disappointing first-quarter results to a rise in costs and inflation in …