Globe Life targeted by 'unknown threat actor' in extortion attempt
Globe Life Inc. (GL) has been targeted in an extortion attempt, the life insurance company revealed Thursday. In an SEC filing, Globe Life said that it recently received communications "from an ...
Nestle's Short-Term Outlook Looks Challenging, but Long-Term Outlook Intact
Nestle’s global distribution network and entrenched supply chain relationships render the company one of the most effective platforms to develop and expand brands on a global scale (as seen in its ...
Elevance Health's stock tumbles as profit dented by 'unprecedented' Medicaid challenges
Elevance Health Inc.'s stock tumbled 13.5% to lead S&P 500 premarket decliners Thursday, after the health insurer's third-quarter profit fell short of estimates amid "unprecedented" challenges in the ...
AMP's Earnings Turnaround Continues
AMP remains in good financial health. AMP Bank has a common equity Tier 1 ratio of 10.8% as of June 30, 2024. Another positive is the increase in the bank’s deposit/loan ratio to 90%, from 63% in 2015 ...
NYSE stocks at new highs pump the market - but the VIX is sending mixed signals
The S&P 500 Index (SPX) SPX, continues to advance, making a series of new all-time highs. There is support in the zone between 5,670 and 5,770. There is no formal resistance at this time, but we often ...
This presidential candidate is still the stock market's bet to win the election
The Dow Jones Industrial Average's DJIA strong year-to-date return translates to a 72% probability that the Democratic candidate, Vice President Kamala Harris, will win the presidential election in ...
China Considering Higher Tariffs on Car Imports
The value of cars with an engine size of more than 2.5 liters imported from the EU in the first eight months of the year slid 13% from a year earlier to $10.2 billion, China Passenger Car Association ...
Marsh & McLennan 3Q Profit, Revenue Rises
Marsh & McLennan posted higher net income and revenue for the third quarter, driven by sales in its Risk & Insurance Services and Consulting segments. The professional services firm logged net income ...
Travelers' stock leaps further into record territory as earnings triple, profitability improves
(TRV) shot up 7.4% into record territory in premarket trading Thursday, after the insurer reported a big third-quarter earnings beat and a profitability measure that saw sharp improvement. Net income ...
Tech stocks are nearing their first record high since July as dip-buyers get their wish
Whereas indexes like the S&P 500 had previously depended largely on tech and a handful of megacap names earlier in the year, the last three months have seen a dramatic shift as more corners of the ...
Retail Sales Due Today; ECB Set to Follow Fed With Rate Cut
The rate setter for the 20 countries sharing the euro will likely move the key deposit rate to 3.25% from the current 3.5%. The ECB started cutting in June, three months earlier than the Fed, and has ...
Turkey's Central Bank Holds Key Interest Rate
Turkey's central bank kept its benchmark interest rate on hold for a seventh-straight meeting, but warned that uncertainty clouded the path of inflation. The bank's policy committee on Thursday left ...