Jersey Shore town braces as Hurricane Erin looms with possible Category 4 strength
BERKELEY TOWNSHIP, NJ – A shore town devastated by Superstorm Sandy is preparing for another potential hit as Tropical Storm Erin threatens to strengthen into a powerful hurricane. Emergency officials in Berkeley…
Nasdaq posts higher fourth-quarter profit on strength in fintech solutions
(Reuters) – Exchange operator Nasdaq reported fourth-quarter profit that rose 24.6% on Wednesday, on the back of strong performance in its solutions business. The company has been expanding beyond market-sensitive businesses like…
MSCI quarterly profit rises on subscription strength
(Reuters) – Global index provider MSCI posted a higher fourth-quarter profit on Tuesday, as its product subscriptions benefited from a market recovery led by bets that the U.S. Federal Reserve is nearing…
Franklin Templeton beats profit estimates on equity, fixed-income strength
(Reuters) – Franklin Resources reported higher-than-expected profit for the first quarter on Monday, thanks to strength in its equity and fixed-income products. Shares of the investment manager, better known as Franklin Templeton,…
Raymond James’ Q1 profit rises on capital markets, asset management strength
(Reuters) – Raymond James reported a rise in first-quarter adjusted profit on Wednesday, helped by strong performance of its capital markets and asset management businesses. M&A activity in the U.S. has shown…
National Bank of Canada’s fourth-quarter profit jumps on capital markets strength
(Reuters) – National Bank of Canada reported a rise in fourth-quarter profit on Friday, as a strong performance at its capital markets unit helped offset the hit from bigger provisions. An uncertain…
UK housing market shows new signs of strength – Nationwide
LONDON (Reuters) -British house prices rose unexpectedly in monthly terms for the third time running in November, adding to signs that the housing market downturn has abated, mortgage lender Nationwide said on…
Biden registers for South Carolina primary, seen as first test of re-election strength
By Jarrett Renshaw (Reuters) -U.S. President Joe Biden’s re-election campaign on Friday formally filed paperwork for the South Carolina Democratic primary, the party’s first official clash and an early enthusiasm test for…
Crack in US dollar strength to spread as economy slows: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The dollar’s recent weakness will linger for the rest of the year, according to a majority of FX strategists in a Reuters poll, who also said…
SpaceX eyes $15 billion in sales next year on Starlink strength – Bloomberg News
(Reuters) – SpaceX is on track to book revenue of about $9 billion this year across its rocket launch and Starlink businesses with sales projected to rise to around $15 billion in…
Exelon Q3 revenue beats estimates on Illinois unit strength
(Reuters) – Exelon Corp reported third-quarter revenue that beat Wall Street expectations on Thursday, boosted by strong results in its units that serve customers in Illinois and Pennsylvania. The company said utility…
Undeterred by dollar’s renewed strength, analysts see weakness ahead – Reuters poll
By Hari Kishan BENGALURU (Reuters) – Foreign exchange strategists are sticking with their forecasts for a weaker dollar despite having been wrong-footed for years in predicting a downturn in the greenback, the…
Marketmind: Dollar strength keeps yen under pressure
A look at the day ahead in European and global markets from Ankur Banerjee Traders remain in vigilance mode over the prospects for Japanese currency intervention as the yen crawls ever so…
Adobe forecasts fourth-quarter profit above estimates on AI strength
(Reuters) – Photoshop software maker Adobe forecast current-quarter profit above Wall Street estimates on Thursday, after beating revenue estimates for the third quarter on strong demand for its photo, video editing and…
Lee Picking Up Strength As New Models Show Possible U.S. Landfall
MOUNT HOLLY, NJ – Hurricane Lee continues to stay one step ahead of weather forecasters and the National Weather Service’s National Hurricane Center. While the storm is expected to continue northwest across…
Hurricane Lee Picking Up Strength Heading in Direction of U.S. East Coast
Tropical Storm Lee became Hurricane Lee earlier today as it continues picking up strength as it moves northwesterly toward the northern side of Puerto Rico and the Virgin Islands. The path of…
Hurricane Franklin gains strength, takes aim at Bermuda -US NHC
(Reuters) – Hurricane Franklin is forecast to become the Atlantic’s first major hurricane of the season on Monday and is on track to pass close to Bermuda on Wednesday, the U.S. National…
On frontline island with China, Taiwan president says peace comes through strength
By Fabian Hamacher and Ann Wang KINMEN, Taiwan (Reuters) – Maintaining peace needs a powerful defence, Taiwan President Tsai Ing-wen said on Wednesday, as she made a rare visit to a frontline…
Wynn Resorts beats Wall Street estimates on Vegas, Macau strength
(Reuters) – Wynn Resorts on Wednesday reported second-quarter results above Wall Street estimates as strength in its Las Vegas and Macau properties drove growth in gaming, dining and hotel bookings. The casino…
Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report
By Akshita Toshniwal (Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales of consoles such as Sony’s Playstation 5, according to gaming market research…
MetLife beats second-quarter profit estimates on investment strength
(Reuters) – MetLife on Wednesday reported second-quarter profit above expectations as a rally in U.S. markets boosted returns from the insurer’s investments. Wall Street has rebounded this year on hopes that the…
Assurant profit beats on global housing unit strength, higher investment returns
(Reuters) – Insurer Assurant Inc sailed past Wall Street estimates for profit in the second quarter on Tuesday, on the back of growth in its global housing unit and higher investment income.…
Huntington Bancshares beats Q2 profit estimates on interest income strength
(Reuters) -Huntington Bancshares beat Wall Street estimates for second-quarter profit on Friday, as it earned more from rising interest rates and saw strong demand for its commercial loans. Largely positive reports from…
BlackBerry reports surprise profit on cybersecurity strength
(Reuters) – BlackBerry posted a surprise profit for the first quarter on Wednesday as its cybersecurity business benefited from higher client spending, while its enterprise software continued to gain traction in automotive…
Latin America’s anti-corruption strength slips, ranking shows
By Carolina Pulice MEXICO CITY (Reuters) – An index evaluating Latin American countries’ ability to root out corruption showed most countries moving backward, according to the ranking released on Tuesday. The 2023…
Polish LGBTQ march seeks to show strength as election looms
WARSAW (Reuters) – Tens of thousands of Poles are expected to march through the streets of Warsaw on Saturday to demand equality for LGBTQ people, as the community eyes elections in October…
Breaking News
