U.S. Markets News
Earnings preview: Higher shipping likely to boost US Steel results in Q4
United States Steel Corporation (X) is scheduled to report fourth-quarter earnings results on January 30 after market close. Analysts expect…
Specialty chemicals company Entegris to buy Versum for $4 billion
It was a case of rivals merging when Specialty chemicals company Entegris (ENTG) announced on Monday that it plans to…
China situation spurs more cuts as oil prices fall further
On Jan. 28, Monday, oil prices slipped following indications that crude production might rise further after US energy companies added…
Companies reporting earnings in the week: Jan 28 – Feb 1
A slew of major companies are reporting earnings in the week from January 28 till February 1. Telecom giant Verizon…
5G wireless technology might save Verizon (VZ) in Q4 earnings
Verizon Communications (VZ) is scheduled to post its fourth-quarter 2018 earnings before trading hours on Tuesday, Jan. 29. The Street…
Hyundai plans to cut jobs in China due to economic slowdown
In the latest of China trade woes, Hyundai Motor announced that its Chinese JV will accept voluntary retirements following a…
Intuitive Q4 earnings miss despite strong revenue growth; stock dips
Earnings of Intuitive Surgical (ISRG), a provider of minimally invasive surgical solutions, increased in the fourth quarter but missed analysts’…
Alaska Airlines stock jumps 3% on better-than-expected Q4 earnings
Alaska Airlines (ALK) Thursday reported fourth-quarter earnings that surpassed analysts’ estimates. Earnings rose to 75 cents per share from 71…
US unemployment applications drop to 49-year low amid government shutdown
The number of applications for unemployment benefits in the US dropped close to a 49-year low last week. Data from…
Chipmakers, airlines rally lift the Nasdaq despite government shutdown, trade war
On January 24, Thursday, airline stocks and chipmakers lifted the Nasdaq, especially on a day that China-US trade war and…