Consumer stocks were mixed pre-bell Tuesday as the Consumer Discretionary Select Sector SPDR Fund (XLY) was down 0.3% and the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.2% recently.
Real estate investment trusts (REITs) have been hit hard in the past 12-18 months, largely due to them being highly sensitive to high interest rates. Rates are expected to remain higher for longer, but on the horizon are rate cuts, which will bode extremely well for the REIT sect
(RTTNews) - Precision BioSciences, Inc. (DTIL) said its partner iECURE has received Fast Track designation from the FDA for ECUR-506. ECUR-506 is iECURE's in vivo gene insertion program designed to treat neonatal onset Ornithine Transcarbamylase deficiency utilizing a PCSK9-speci
(RTTNews) - Stocks may show a lack of direction in early trading on Tuesday following the strong upward move seen over the past several sessions. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by less than a tent
To simplify the story, New York Community Bancorp (NYSE: NYCB) got too big, too fast just as interest rate increases made operating a bank more complicated. It ended up needing a huge cash infusion, and it massively reduced its dividend to just a penny per share per quarter, all
(RTTNews) - United Microelectronics Corporation (UMC) reported unaudited net sales for the month of April 2024. For the month of April, net sales were NT$19.74 billion compared to NT$18.46 billion, prior year, an increase of 6.93%. For the period of Jan.-Apr., net sales were NT$7
(RTTNews) - An affiliate of the Apax IX Fund, in which Apax Global Alpha Limited is a limited partner, has announced the sale of its controlling interest in Healthium MedTech, an Indian medical devices player. The deal values Apax Global's look-through investment in Healthium at
(RTTNews) - British energy major BP Plc (BP.L, BP_UN.TO, BP) reported Tuesday that its first-quarter replacement cost or RC profit plunged to $1.61 billion from last year's $8.67 billion.
(RTTNews) - Solvay reported first quarter profit from continuing operations of 109 million euros compared to a loss of 54 million euros, prior year. Profit per share from continuing operations was 1.01 euros compared to a loss of 0.53 euros. Underlying net profit from continuing
(RTTNews) - German semiconductor maker Infineon Technologies AG (IFNNY) reported Tuesday that its second-quarter profit fell 52 percent to 394 million euros from last year's 826 million euros.
(RTTNews) - Sandoz Group AG (SDZNY), a Swiss company focused on generic pharmaceuticals and biosimilars, on Tuesday reported an increase in sales for the first-quarter.
So you're wondering how much money you'd have now if you'd invested $10,000 in the stock of General Electric (NYSE: GE) -- now doing business as GE Aerospace -- 10 years ago. That's a fine question, and the answer, according to theonlineinvestor.com is: $13,947 for the period fro
(RTTNews) - European stocks may open higher on Tuesday after U.S. markets notched third consecutive day of gains overnight on the back of better-than-expected corporate earnings and rate-cut optimism.
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