News
Travelers Cos. Inc. shares TRV, +4.29% rose 1.3% in premarket trade Wednesday, after the property & casualty insurer topped profit and revenue estimates for the third quarter. The company posted net income of $454 million, or $1.89 a share, for the quarter, down 31% from $662 million, or $2.62 a share, in the year-earlier period. […]
Shares of Procter & Gamble Co. PG, +1.18% rose 2.1% in premarket trading Wednesday, after the consumer packaged goods company reported fiscal first-quarter profit and sales that rose above expectations, as higher pricing provided a boost, but lowered its full-year sales outlook. Net income fell to $3.94 billion, or $1.57 a share, from $4.11 billion, […]
Oil futures climbed on Wednesday, with U.S. prices up by more than 3%. The oil market rebounded as the “tug-of-war between concerns over supply and fears over demand continue the back-and-forth” price action that has been a feature of the past few weeks, said Michael Hewson, chief market analyst at CMC Markets UK. The market […]
Turkish President Recep Tayyip Erdoğan shared new details about the country’s e-Human project powered by blockchain. 1742 Total views 16 Total shares Turkish President Recep Tayyip Erdoğan unveiled new details about the e-Human project powered by blockchain ahead of Turkey’s national blockchain summit. Cointelegraph Turkey reported the e-Human project will be based on blockchain tech […]
Shares of PTC Therapeutics Inc. PTCT, -10.35% were down 10.1% in trading on Wednesday morning, the day after the company said enrollment in a Phase 2 clinical trial for its Huntington’s disease treatment candidate has been paused. PTC told investors on Tuesday night that the Food and Drug Administration had requested additional information about the […]
U.S. stocks opened lower Wednesday amid rising yields as investors assessed fresh data on the housing market. The Dow Jones Industrial Average DJIA, -0.88% dipped 0.4% soon after the opening bell, while the S&P 500 SPX, -1.25% fell 0.5% and the Nasdaq Composite COMP, -1.51% slipped 0.8%, according to FactSet data, at last check. The […]