News
Shares of Philip Morris International Inc. PM, -1.28% rallied 1.8% in premarket trading Thursday, after the cigarette and heated tobacco units seller reported third-quarter profit that and revenue that fell from a year ago, as rising costs hurt margins, but beat expectations amid increased pricing and a favorable mix shift to smoke-free products. Operating income […]
Blackstone Inc. BX, -5.12% said Thursday its third-quarter net income fell sharply to $2.3 million, or zero cents a share, from $1.4 billion, or $1.94 a share in the year-ago quarter. Revenue at the private equity firm dropped to $1.06 billion from $6.22 billion. Fee-related earnings rose to 98 cents a share from 65 cents […]
Quest Diagnostics Inc. DGX, +5.29% reported Thursday third-quarter profit and revenue that fell from a year ago but beat expectations, as base business performance rebounding in the latter part of the quarter to help offset inflationary pressure and declining COVID-19 volumes. The health diagnostics information services company’s stock was still inactive in the premarket. Net […]
Texas Attorney General Ken Paxton on Thursday sued Alphabet Inc.’s GOOGL, +0.71% GOOG, +0.60% Google, claiming it collected biometric data for millions of Texans without obtaining proper consent. “For more than a decade, Texas has prohibited companies from capturing Texans’ biometric data – including the unique characteristics of an individual’s face and voice – without […]
Alaska Air Group Inc. ALK, -2.90% reported its third-quarter results before market open on Thursday, boosted by what the carrier’s CEO described as the busiest travel season in two years. The company’s shares rose 1.66% before market open, after ending Wednesday’s session down 1.16%. Alaska Air reported third-quarter revenue of $2.828 billion, compared with $1.953 […]
The main currency pair was slightly below previous levels by Thursday. The current quote in EURUSD is 0.9770. There was no particularly “minor” news on the ground. But investors were sensitive to the global “mood” and started to walk away from the risks. US statistics released the day before were mixed. The number of building […]