surprise
By Patrick Wingrove (Reuters) – Moderna (NASDAQ:) reported a surprise third-quarter profit on Thursday, driven by cost cutting and higher-than-expected sales of its COVID-19 vaccine, even with low revenue from its new respiratory syncytial virus shot. The Cambridge, Massachusetts-based company posted a profit of $13 million, or 3 cents a…
By Sinéad Carew and Lisa Pauline Mattackal (Reuters) -The and the Dow scored record closing highs on Friday, with the big boosts from financial stocks after banks reported strong quarterly results while the latest inflation data fueled expectations for a U.S. Federal Reserve rate cut in November. Major financial companies…
Ukraine’s surprising invasion of Russia has produced some tangible results for Kyiv, among them being that it has compelled Moscow to redirect some forces to the embattled Kursk region and exposed vulnerabilities in its defenses.But a month in, the invasion so far has not produced some of the more immediate…
Ukrainian forces are continuing a shocking offensive into the Kursk region of Russia.While much of the information surrounding the assault remains unclear, the operation demonstrates Ukraine still holds the ability to launch a complex, surprise attack despite the battlespace being heavily surveilled to the point that soldiers and vehicles regularly…
By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) – Procter & Gamble (NYSE:) posted a surprise drop in fourth-quarter sales, as demand for its Charmin toilet paper and Pampers diapers slowed globally despite efforts to keep prices in check, sending its shares down 6% in early trading on Tuesday. Attempts…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks start the week surfing new records into another earnings season and Federal Reserve testimony, while surprise French election results saw the country’s left-wing thwart Marine Le Pen’s far right and leave a hung…
Investing.com– Oil prices fell in Asian trade on Friday, extending recent losses after unexpected builds in U.S. product inventories drummed up concerns over sluggish fuel demand, while signs of weakening business activity in top importer China weighed. An upcoming meeting of the Organization of Petroleum Exporting Countries and allies (OPEC+)…
Investing.com– Oil prices fell in Asian trade on Thursday, pressured by persistent concerns over high for longer U.S. interest rates, while an unexpected build in inventories also raised concerns over less tight markets. Traders steadily priced out a risk premium from oil prices this week after the death of Iran’s…
On May 1, CDC officials boarded Margaritaville at Sea, a Jimmy-Buffet-themed ship that welcomes 1,680 passengers, for an unexpected health inspection.The Vessel Sanitation Program officials gave the ship a failing grade. During the visit, they noted 65 issues on the ship, which resulted in an 83-point score. A score of…
Investing.com– Oil prices fell sharply in Asian trade on Wednesday, extending recent losses as signs of an unexpected build in U.S. stockpiles and strong crude production sparked doubts over tight supply conditions. Markets were also on edge before the conclusion of a Federal Reserve meeting later in the day, where the…
