2024 – Page 21 – Best Day Investing – Investing and Stock News

Wall Street banks propelled by investment banking gains

(Reuters) -Wall Street’s biggest banks reported rising investment-banking fees in the third quarter fueled by more deals and as companies increasingly issued debt, and said that their pipeline of new…

October 15, 2024

Economy

US adds three Chinese companies to ‘Unverified List’ requiring additional export checks

(Corrects day of week in first paragraph to Tuesday) (Reuters) – The U.S. Commerce Department on Tuesday added three companies in China to a list of firms receiving U.S. exports…

October 15, 2024

Economy

Charles Schwab’s third-quarter profit jumps on higher asset management fees

(Reuters) – Brokerage firm Charles Schwab (NYSE:SCHW)’s third-quarter net income rose about 25% on Tuesday, driven by a jump in asset management fees and client assets hitting a record high,…

October 15, 2024

Economy

PNC Financial quarterly profit drops on lower interest income, higher provisions

(Reuters) – PNC Financial (NYSE:PNC) reported a 4% drop in third-quarter net profit on Tuesday, as it earned less from customer interest payment and set aside a bigger buffer of…

October 15, 2024

Stock

MTU Aero Engines lifts 2024 earnings forecast on robust Q3 results

On Tuesday, MTU Aero Engines (OTC:MTUAY) AG announced an increase in its earnings guidance for the financial year 2024. The company now anticipates an adjusted EBIT (earnings before interest and…

October 15, 2024

Stock

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.35%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Insurance, Industrial Investment and Media & Publishing sectors led shares higher. At the close…

October 15, 2024

Stock

Citigroup shares rise as Q3 earnings, revenue top estimates

Investing.com — Citigroup reported third-quarter earnings and revenue that surpassed analyst expectations, sending its shares up 2.2% in early trading on Friday. The banking giant posted adjusted earnings per share of…

October 15, 2024

Stock

Albertsons beats Q2 expectations, shares edge higher

Investing.com — Albertsons Companies reported better-than-expected second-quarter earnings and revenue on Tuesday, as the grocery chain saw growth in digital sales and pharmacy operations. The company’s shares edged 0.9% higher following…

October 15, 2024

Stock

Ingram Micro Sets IPO At 18.6m Shrs, Sees Price Range $20-$23 – Bloomberg

Ingram Micro Sets IPO At 18.6m Shrs, Sees Price Range $20-$23 – Bloomberg This post appeared first on investing.com

October 15, 2024

Stock

Progressive reports strong Q3 earnings, beats estimates

MAYFIELD VILLAGE, Ohio – The Progressive Corporation (NYSE:PGR) reported third-quarter earnings that surpassed analyst expectations, driven by strong premium growth and improved profitability. Progressive’s stock edged up 0.87% following the…

October 15, 2024