01 Apr, 2020
Kohl's Corporation (NYSE: KSS) reported worse-than-expected third-quarter earnings on Thursday. The results were influenced by higher costs and hurricanes. Shares of the company dropped 6.9% to $37.97 per share after the announcement.For the thi..
Shell Global (NYSE: RDS.A) reported almost a 50% rise in quarterly profits that was mostly driven by strong refining while also adapting well to low oil prices. Cash generation has been boosted in recent quarters as costs have been cut and asse..
According to Reuters, American International Group Inc. (NYSE: AIG) announced that it expects to book pre-tax losses of about $3 billion in the third quarter related to natural disasters, hurricanes Harvey, Maria and Irma. American International Gro..
The number of Americans filing for unemployment benefits fell unexpectedly last week as the impact of Hurricane in Texas and Florida continues to fade.Initial claims for unemployment benefits decreased by 23,000 to a seasonally adjusted 259,000 in t..
U.S. stocks traded higher on Monday and hit new record highs as investors are waiting for the Federal Reserve’s policy meeting this week.All three major indexes hit new record highs. The Dow Jones industrial average rose 0.45 percent or 76.84 ..
In wake of the hurricane Irma, millions of South Florida residents evacuated the region causing traffic jams on major highway routes out of the state. Drivers with gas powered cars faced hours of waiting and elevated prices for gas due to hurricane ..
The U.S. economy created less-than-expected jobs in August and unemployment rate edged higher from a 16-year low.According to a report released by the Bureau of Labor Statistics, the U.S. employers added 156,000 jobs in August and the unemployment r..
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