Looking at the sectors faring worst as of midday Tuesday, shares of Technology & Communications companies are underperforming other sectors, showing a 1.8% loss. Within the sector, Qorvo Inc (Symbol: QRVO) and Intel Corp (Symbol: INTC) are two of the day's laggards, showing
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in th
In trading on Tuesday, shares of PG&E Corp's 4.8% Redeemable 1st Preferred (Symbol: PCG.PRG) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.20), with shares changing hands as low as $18.35 on the day. This compares to an average yield
Algerian state grains agency OAIC has bought milling wheat in an international tender which closed on Tuesday, European traders said in initial assessments.
The best performing sector as of midday Tuesday is the Energy sector, up 1.1%. Within that group, Targa Resources Corp (Symbol: TRGP) and Baker Hughes Company (Symbol: BKR) are two of the day's stand-outs, showing a gain of 2.1% and 1.9%, respectively. Among energy ETFs, one ET
In trading on Tuesday, shares of Jackson Financial Inc's Dep Shares Reset Rate Series A Preferred Stock (Symbol: JXN.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.65 on the day. This comp
The collector car market grows each year as newer models become classics and younger enthusiasts start investing in vintage or antique vehicles not used as daily drivers. And its a lucrative market,...
Victoria Nuland, the third-ranking U.S. diplomat who is known for her staunch support for Ukraine in its war with Russia, will step down as under secretary of state for political affairs in the coming weeks, the State Department said on Tuesday.
German automotive and industrial supplier Schaeffler AG reported quarterly adjusted core profit (EBIT) of 1.19 billion ($1.29 billion) on Tuesday, weighed down by weak demand in China for the group's Industrial division.
Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei [HWT.UL].
Private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector.
Global office rental firm IWG reported a 34% jump in annual core profit on Tuesday, buoyed by increased demand for its flexible working spaces and pricing strength, and forecast 2024 earnings in line with its expectations.
Kenya's private sector activity bounced back in February to record its first expansion since August, helped by easing inflation and gains in agriculture, manufacturing and services, a survey showed on Tuesday.
(RTTNews) - Schaeffler AG (SCFLF.OB), a German manufacturer of rolling element bearings, reported Tuesday that its fiscal 2023 net income attributable to shareholders of the parent company amounted to 310 million euros, down from last year's 557 million euros.
Most nonferrous metals prices in London fell on Tuesday, on a firmer dollar and disappointment from the lack of fresh supportive measures in top consumer China.
Shoprite, South Africa's biggest supermarket group, reported a 7.6% rise in its half-year profit on Tuesday, supported by a record Black Friday and festive season as cash-strapped shoppers and upmarket consumers went after food deals.
Norsk Hydro's renewable energy unit Hydro Rein has agreed with Swedish renewables developer IOWN Energy to buy an 80% stake in a 2.4 gigawatt portfolio of planned wind power projects in Sweden and Norway, it said on Tuesday.
British food-to-go retailer Greggs said it expected another year of growth in 2024 after it posted a 13% rise in profit last year, helped by extending its opening hours into the evening and expanding in food delivery.