Thursday, July 2, 2020
Tags Equity markets

Tag: equity markets

Fed cuts rates for third meeting in a row, signals pause

By BloombergFed Chairman Jerome Powell said monetary policy 'is in a good place.'The Federal Reserve cut its benchmark interest rate for the third...

LG Electronics profit falls 31% on year

LG Electronics Inc. said on Wednesday its third-quarter net profit fell 31% on year due to tough business conditions.The consumer-electronics maker said it...

Iberdrola’s nine-month earnings rise

Iberdrola SA said Wednesday that its nine-month earnings rose.The Spanish energy company said net profit for the first nine months of the year...

Clariant sales fall on ‘worsening economic environment’

Clariant AG said Wednesday that third-quarter sales and earnings fell slightly, in what it called a "worsening economic environment."The Swiss chemical company said...

Credit Suisse profit soars and beats expectations

Editor's note: A previous version of this report misstated analysts' expectations for revenue in the fifth paragraph. AFP/Getty ImagesThe logo of Swiss banking giant...

Volkswagen reports higher earnings, but cuts deliveries view on auto slowdown

Volkswagen AG said Wednesday that its earnings and revenue rose in the first nine months of the year, but cut its full-year forecast for...

Fiat Chrysler confirms talks with Peugeot over possible combination

Fiat Chrysler Automobiles NV and Peugeot maker PSA Group of France said they were in merger talks, discussions that could lead to...

Bayer backs guidance as sales rise, profit falls

Germany's Bayer AG's said Wednesday that its third-quarter net profit fell while sales rose, and backed its guidance for the full year.Net profit for...

Standard Chartered profit rises 16% on year

Standard Chartered PLC's third-quarter pretax profit rose 16% on year as income faster than costs.The bank's pretax underlying profit was $1.24 billion in...

Can the stock market march higher without the promise of more...

ByLarge-capitalization U.S. stocks have hit a new high this week, and significant credit for this feat can be given to the Federal Reserve....