DuPont shares jumped Tuesday after the Club holding reported a solid set of third-quarter results, raised earnings guidance and told investors that a key catalyst for the stock could arrive sooner than some expected. The report showed why we’ve stuck with DuPont this year despite frustration on its stock performance. Net sales in the three months ended Sept. 30 rose 4.4% year over year to $3.19 billion, a hair short

(Reuters) – California regulators will vote on Friday on whether to toughen a policy aimed at boosting low-carbon fuels to slash greenhouse gas emissions from the transportation sector and meet the state’s ambitious climate change goals. The proposed changes to California’s influential Low Carbon Fuel Standard (LCFS), which has been in place since 2011, would require a deeper reduction in the carbon intensity of transportation fuels by 2030 in order

Affirm, the provider of buy now, pay later loans, reported better-than-expected fiscal first-quarter results. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 31 cents adjusted vs. a loss of 35 cents expected Revenue: $698 million vs. $664 million expected Affirm reported gross merchandise volume, or GMV, of $7.6 billion, topping the average estimate of $7.28 billion, according to StreetAccount. GMV, a key metric that

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Donald Trump’s imminent return to the White House is putting a spotlight on the U.S. dollar, which could have far-reaching implications for everything from domestic manufacturers to emerging markets if the currency’s rally continues. The U.S. currency notched its biggest one-day gain against its peers in eight years on Wednesday, one day after Trump was re-elected president and Republicans won control of

Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares plunged as much as 15% on Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite beating on the top and bottom lines with its third-quarter earnings. Here’s how the company performed, according to LSEG: Revenue: $898 million vs. $896 million

Investing.com– Oil prices dipped on Friday but remained on track for a weekly gain, driven by OPEC+’s decision to delay production increases and the risk of further supply disruptions in the U.S At 07:25 ET (12:25 GMT), futures fell about 1% to $74.89 a barrel, while West Texas Intermediate dropped 1.2% to $71.47 a barrel. Oil markets were upbeat in anticipation of more cues on fiscal stimulus in top importer

Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased most of its losses as investors focused more on profitability metrics. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 88 cents adjusted vs. 87 cents expected Revenue: $5.98 billion vs. $6.24 billion expected Block finance chief Amrita Ahuja told CNBC that analysts focus

Investing.com – The U.S. dollar steadied Friday, set to end a volatile week with small gains as traders digested the implications of a new Trump presidency as well as benign Federal Reserve. At 04:30 ET (09:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded flat at 104.372. The index is on track for a gain of just 0.2% this week, even after

Union Pacific’s stock jumps 3.9% after earnings top estimates Source link

TAIPEI (Reuters) – Taiwan has set up a “war room” to watch the live stream from next week’s COP29 climate summit given it is not allowed to attend for political reasons, Environment Minister Peng Chi-ming said on Friday. Democratically-governed Taiwan is excluded from almost all international bodies due to objections from China, which views the island as its own territory not a country and claims the right to be able