News
Oil futures settled higher on Thursday, stretching their gains into a third straight session on the back of U.S. GDP data showing that the nation’s economy grew at an annual 2.6% pace in the third quarter, following two straight quarters with declines. U.S. benchmark West Texas Intermediate crude for December delivery CLZ22, +1.06% rose $1.17, […]
Shares of Amazon.com Inc. AMZN, -4.11% sank 4.6% in afternoon trading, and has now lost 8.6% in two days, as investors prepped for the ecommerce giant’s third-quarter results after the closing bell. The stock has declined the day after results were reported 6 times in the last 8 quarters, with an average decline of 5.1% […]
Gold futures declined on Thursday, a day after prices posted their highest finish in nearly two weeks. The precious metal saw prices drop after a better-than-expected U.S. GDP number, with the thinking being that a more robust growth number would strengthen the Federal Reserve’s “resolve to keep hiking” interest rates, said Brien Lundin, editor of […]
Northrop Grumman Corp. [s: noc] stock fell 3.9% before market open on Thursday. The defense company earned $5.89 a share, which included an 18 cent unfavorable impact from marketable securities, compared with earnings of $6.63 a share in the same period last year. Analysts surveyed by FactSet were looking for earnings of $6.08 a share. […]
Shares of Hertz Global Holdings Inc. HTZ, -1.35% fell 4.7% in premarket trading Thursday, after the car rental company beat earnings expectations but reported a big drop in margins as intentionally elevated maintenance costs addressed out-of-service levels. Net income rose to $577 million, or $1.33 a share, from $571 million, or $1.13 a share, in […]
• CHFJPY reversed from resistance level 150.40 • Likely to fall to support level 146.00 CHFJPY currency pair recently reversed down from the key resistance level 150.40 (which has been steadily reversing the pair from the start of September) strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 150.40 started […]