Tag: Marketwatch
The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 2 million barrels for the week ended Feb. 4, according to sources. The API also reportedly showed weekly inventory declines of 1.1 million barrels for gasoline and 2.2 million barrels for distillates. Crude stocks at the Cushing, Okla., delivery hub edged down […]
Oil futures fell on Tuesday, with U.S. benchmark prices settling at their lowest level in nearly a week. “While some are suggesting the resumption of U.S.-Iran nuclear talks is acting as a drag, the reality is, even if there was an agreement it’s not immediately obvious how quickly this would translate into more supply,” said […]
Gold futures rose on Tuesday, extending their gains to a third-consecutive session. “The only trade finding any real conviction right now seems to be betting on faster rate hikes sooner from the [Federal Reserve],” said Adrian Ash, director of research at BullionVault. He said he expects higher interest rates to act “like kryptonite to gold, […]
F45 Training Holdings Inc. FXLV, +7.51% announced Tuesday that Gunnar Peterson, a celebrity trainer who has worked with Tom Brady, the Kardashians, Mike Tyson and others, as chief of athletics. Peterson has already designed “an exclusive ascending weight, pyramid-style resistance workout” that will launch in April. F45 stock was up 6.3% in Tuesday trading after […]
KKR & Co. Inc. KKR, -0.28% shares fell 4% in premarket trades on Tuesday after the private equity firm said its fourth-quarter profit fell to $507.56 million, or 82 cents a share, from $1.48 billion, or $2.46 a share, in the year-ago quarter. Adjusted profit was $1.59 a share. Analysts expected KKR to earn $1.21 […]
Carrier Global Corp. shares CARR, -0.26% rose 1.3% premarket Tuesday, after the heating and cooling equipment maker beat estimates for the fourth quarter. Palm Beach, Fla.-based Carrier posted net income of $324 million, or 36 cents a share, for the quarter, down from $884 million, or $1.00 a share, in the year-earlier period. Adjusted per-share […]
Shares of General Electric Co. GE, +0.90% rallied 1.3% Monday toward their longest winning streak in nearly six years, but they remained well below recent peak of just three weeks ago. GE’s stock started its current win streak after it closed at $89.32 on Jan. 26, which was the lowest close since Feb. 1, 2021, […]
Fastenal Co. FAST, -2.82% disclosed Monday that while its total workforce increased by 0.7% last year, but fell 1.6% in the U.S. The maker of fasteners, tools and manufacturing supplies said in its 10-K filing with the Securities and Exchange Commission that it had 20,507 full and part-time employees worldwide as of Dec. 31, 2021, […]
President Joe Biden on Monday said “we will bring an end” to the Nord Stream 2 pipeline connecting Russia and Germany if Russia invades Ukraine. Speaking during a White House news conference with German Chancellor Olaf Scholz, Biden did not specify how he would propose to halt the project, but said, “I promise you we’ll […]
Shares of Amgen Inc. AMGN, +0.64% rose more than 3% in the extended session Monday after the drug maker reported an adjusted quarterly profit above Wall Street expectations and said sales rose in part due to COVID-19 products. Amgen said it earned $1.9 billion, or $3.36 a share, in the quarter, compared with $1.6 billion, […]