Latest Market News

Oct 25
Raytheon Technologies beats earnings target and raises the low end of its 2022 earnings range

Raytheon Technologies Corp. RTX, -1.98% shares rose 0.7% in premarket trades on Tuesday after the aerospace and defense company beat its earnings target and hiked the bottom end of its range for its 2022 profit forecast, but fell short of its third-quarter revenue mark. Raytheon said its third-quarter profit dipped 1% to $1.39 billion, or […]

Oct 25
American Electric Power raises dividend, boosting implied yield to above 3.8%

Shares of American Electric Power Co. Inc. AE, +1.93% ] rose 1.3% in midday trading Tuesday, after the electricity transmission company raised its quarterly dividend by 6.4%, to 83 cents a share from 78 cents. The new dividend is payable Dec. 9 to shareholders of record on Nov. 10. Based on current stock prices, the […]

Oct 25
Coca-Cola stock jumps after profit and revenue beat expectations, as raised prices helped offset cost inflation

Shares of Coca-Cola Co. KO, +1.89% ran up 2.6% in premarket trading Tuesday, after the beverage giant beat third-quarter profit and revenue expectations, as price increases helped offset ongoing cost inflation. Net income rose to $2.83 billion, or 65 cents a share, from $2.47 billion, or 57 cents a share, in the year-ago period. Excluding […]

Oct 25
Centene tops profit and revenue estimates for Q3

Managed care company Centene Corp. CNC, +8.52% posted better-than-expected profit and revenue for the third quarter, boosted by a strong performance by Medicaid and Medicare. Centene had net income of $738 million, or $1.27 a share, in the quarter, up from $584 million, or 99 cents a share, in the year-earlier period. Adjusted per-share earnings […]

Oct 25
Japanese Candlesticks Analysis 25.10.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Harami reversal pattern. If the pair now goes by the signal, it will end up in a descending wave. The goal of the decline is 0.9795. However, the pair may still rise to 0.9925, bounce off it, and continue […]

Oct 25
Pound is looking for foothold. Overview for 25.10.2022

On Tuesday, the British pound against the US dollar looks neutral. The current quote is 1.1300. The main political intrigue of Great Britain got solved faster than anyone could expect. The new head of the Conservative Party and simultaneously the new PM was elected Rishi Sunak. He is the first PM of Indian origin and […]