Home prices continued to rise in August on pace with gains throughout 2015 as housing market indicators remained mostly positive, according to the S&P/Case-Shiller 20-City Composite index.
The Fed is not seen raising rates at the two-day meeting but investors will scrutinize its statement on Wednesday for a bearing on when it will pull the trigger.
The question for the time being is not whether China’s investment-driven growth story can realise a more sustainable shape, but whether it can do so without too much of in the way of an impact on global economic growth. In the absence of democracy, the five-year plans are...
Revenue dropped 17 percent to $4.87 billion mostly due to currency exchange and lower sales volumes. Three analysts surveyed by Zacks expected $718.8 million.
AMSTERDAM-State-owned Dutch bank ABN Amro Group NV will be returned to private hands, with its initial public offering slated to be launched in the fourth quarter.
The world’s largest chemical maker, BASF, on Tuesday lowered its outlook for the year after a slump in oil prices weighed down on the company’s top line.
As a result of the revenue growth, the company’s Board of Directors declared a quarterly dividend of $0.25 a share on the company’s common stock. The consensus estimates from Thomson Reuters call for $0.80 in earnings per share (EPS) on $18.02 billion in revenue.
Analysts on average had expected a profit of 30 cents per share, according to Thomson Reuters I/B/E/S.Revenue rose 6.8 percent $7.85 billion, but missed the average analyst estimate of $8.29 billion. T-Mobile has successfully delivered over 1 million total net customer additions...
Revenue declined by 0.4% year over year, to $14.24 from $14.29 for the 2014 third quarter. With the volume soaring to 3,485,806 shares, the last trade was called at $106.18.
Zacks upgraded Ford Motor Company from a hold rating to a buy rating and set a $17.00 price target on the stock in a research report on Thursday, July 30th. The stock is trading down 3.44% at $15.15, as of 7:53 AM EDT, following the automaker’s disappointing results.