hurricanes

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

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..

American International Group Expects Losses After Natural Disasters

American International Group Expects Losses After Natural Disasters

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..

U.S. Stocks Hit Record Highs

U.S. Stocks Hit Record Highs

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 ..