American International Group Inc missed analysts’ estimates for third-quarter profit on Friday due to weakness in the insurer’s life and retirement unit and a difficult period for catastrophe losses.
World equity markets surged and crude prices rose on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth.
Royal Dutch Shell has appointed Huibert Vigeveno to head its downstream business, the refining, trading and marketing operations that are to become a key pillar for the oil and gas company as it transitions to cleaner energy.
Dividend paying stocks like EnPro Industries, Inc. (NYSE:NPO) tend to be popular with investors, and for good reason… …read more […]
By Greg Roumeliotis, Yingzhi Yang, Echo Wang and Alexandra Alper
The SPDR Healthcare Sector fund ETF (XLV) has been the best performing sector ETF in the last month with a 4.65% return. This earnings season has been relatively positive for Healthcare stocks. …read more […]
“Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn’t by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […] …read more […]
Fosun Tourism Group on Friday said it will acquire the intellectual property assets of Thomas Cook Group Plc for 11 million pounds ($14.25 million).
The three rate cuts passed by the Federal Reserve this year leave the U.S. economy better armed to withstand the risks of a global slowdown, Fed Vice Chair Richard Clarida said on Friday, further supporting the case for keeping rates steady for now.
Apple’s AirPods Pro are a huge upgrade from the company’s original AirPods, and worth the extra cost. …read more […]
Fitbit shares spike after Alphabet announced it’s buying the company for $2.1 billion. Yahoo Finance’s Dan Roberts, Heidi Chung, Kristin Myers and Brian Sozzi discuss on YFi AM. …read more […]
U.S. President Donald Trump’s administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry Kudlow said on Friday.
U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere and hiring in the prior two months was stronger than previously estimated, offering some assurance that consumers would continue to support the slowing economy.
Shares of the Chinese tech giant Alibaba have been volatile Friday but are higher following its second-quarter financial results, beating on almost every important metric. Yahoo Finance’s Dan Roberts, Heidi Chung and Kristin Myers discuss on YFi AM. …read more […]
U.S. President Donald Trump’s administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry Kudlow said on Friday. “We will obviously look at it very, very carefully,” Kudlow said on Bloomberg. …read more […]
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