Before markets opened on Monday, Otis Worldwide beat analysts’ profit estimates while missing on expected revenue. The elevator maker also narrowed its fiscal year earnings per share (EPS) forecast range and lowered its forecast revenue range. Shares traded up about 2.2% shortly after the opening bell. Activision Blizzard missed on EPS and revenue, but Microsoft still has the $95.00 per […]

Headwinds within the market are particularly strong right now. Geopolitical tensions, Chinese lockdowns, and upcoming interest rate hikes are just a few examples of what investors are facing at the moment. While a lot of uncertainty surrounds these headwinds, investors can look to analysts for stocks to buy and stocks to avoid, as it is increasingly becoming a stock-picker’s market. […]

This promises to be a busy week for March-quarter earnings. More than a thousand U.S.-traded firms are scheduled to report results this week, including some of the country’s largest tech and energy firms. Before markets opened on Monday, Otis Worldwide beat analysts’ profit estimates while missing on expected revenue. The elevator maker also narrowed its fiscal year earnings per share […]

FILE PHOTO: UnitedHealth Group’s headquarters building is seen in Minnetonka, Minnesota in this picture taken in 2019. UnitedHealth Group/via REUTERS(Reuters) -UnitedHealth Group has entered an agreement to sell Change Healthcare’s claims editing business to private equity firm TPG Capital for $2.2 billion after the healthcare company completes its acquisition of Change. Earlier this month, UnitedHealth and Change agreed to extend […]

Americans drink a massive amount of beer. According to Beer Info, the average beer consumption for Americans over 21 is 28.2 gallons. Beer consumption rates are regional. Heavy beer drinkers tend to be in rural states. Beer choices in the U.S. are remarkable. There are almost 9,000 breweries in the U.S., and that number is growing. While major brands like […]

FILE PHOTO – A WWF billboard listing protected species stands in front of a bushmeat market in Mbandaka, Democratic Republic of the Congo, October 19, 2018. REUTERS/Thomas Nicolon KINSHASA (Reuters) -A new case of Ebola has been confirmed in northwestern Democratic Republic of Congo, the National Institute of Biomedical Research said on Saturday, four months after the end of the […]

MEXICO CITY (Reuters) – Workers at a Panasonic auto parts plant in northern Mexico elected an independent union this week, marking another defeat for one of the country’s biggest labor organizations as Mexico seeks to strengthen worker rights in line with a new trade deal.FILE PHOTO – A man is seen next to Panasonic Corp’s logo at Panasonic Center in […]

US Treasury Secretary Janet Yellen and a top White House adviser called for major reforms at the World Bank on Thursday, saying the seven-decade-old multilateral development bank was not built to address multiple and overlapping global crises. Yellen told reporters that both the World Bank and the International Monetary Fund were not designed to handle the multiple global crises they […]

Following the rebound seen in the previous session, treasuries showed a notable move back to the downside during trading on Thursday. Bond prices drifted lower over the course of the morning and remained firmly negative in afternoon trading. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 7.7 basis points to 2.917 […]