News

Oct 26
UPDATE: Kraft Heinz shares up 3.9% premarket after earnings top estimates as company raises prices by 15.4%

An earlier version of this report had a typo in the net income number for the third quarter of 2021. It has been corrected. Kraft Heinz Co. shares KHC, -0.19% soared 3.9% in premarket trade Wednesday, after the food company blew past earnings estimates for the third quarter. The company posted net income of $432 […]

Oct 26
Turning Point Brands profit falls but beats target

Turning Point Brands Inc. TPB, +8.73% said Wednesday its third-quarter earnings fell to $11.54 million, or 60 cents a share, from $13.47 million, or 65 cents a share, in the year-ago quarter. Breaking out one-time items, Turning Point Brands earned 72 cents a share. Net sales fell 1.9% to $107.8 million. Combined net sales for […]

Oct 26
Bristol Myers Squibb’s stock is up, says Revlimid sales are declining

Shares of Bristol Myers Squibb BMY, +0.18% were up 1.2% in premarket trading on Wednesday, the day after the company shared better-than-expected results for the third quarter of the year. Bristol had earnings of $1.6 billion, or 75 cents per share, in the third quarter of 2022, up from $1.5 billion, or 69 cents per […]

Oct 26
The UK has a new name for stablecoins and a new bill to regulate crypto

The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom. 1814 Total views 8 Total shares The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (BTC) cryptocurrency and “digital settlement assets” in the country. The […]

Oct 26
What Type of Forex Trader Are You?

What Type of Forex Trader Are You? There are many types of Forex traders, and each requiring a different approach.There are many types of Forex traders, each requiring a different approach. Whether you choose fast-paced sprint day trading or long position trading, choosing the right style will maximize your chances of success.Read on to find […]

Oct 26
Otis stock set to fall after profit tops expectations but revenue comes up shy, and full-year outlook was cut

Shares of Otis Worldwide Corp. OTIS, +2.64% were indicated down about 1% in premarket trading Wednesday, after the elevator and escalator company reported third-quarter profit that topped expectations but revenue that came up a bit shy and cuts its full-year outlook, citing dollar strength and headwinds in China. Net income was $324 million, or 77 […]