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Tag Archives: earnings

Wall Street rises with oil prices, earnings optimism

Wall Street closed at record highs on Thursday as rising oil prices lifted energy stocks and investors bet on a strong US corporate earnings season. The S&P energy sector closed up 2 percent as Brent crude went above $ 70 ...

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Philippine shares higher on corporate earnings boost

MANILA – Philippine shares were higher in early trading Friday as better than expected corporate earnings boosted investor sentiment. The Philippine Stock Exchange Index was up 0.22 percent to 8,536.16, bucking the downtrend in the rest of Asia due to ...

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Dow ends above 23,000 for first time on strong IBM earnings

Specialist trader Michael Pistillo Jr. wears a dow 23,000 hat, after the dow briefly traded above 23,000, at his post on the floor of the New York Stock Exchange (NYSE) in New York, US, October 17, 2017. Brendan McDermid, Reuters ...

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China a sweet spot for US companies’ earnings in Q2

SHANGHAI – Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. Whether they sell construction equipment, semiconductors or coffee, many major US companies ...

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Amazon shadow looms large ahead of retail earnings

NEW YORK – As old and new Amazon.com competitors gear up to report earnings, investors are eager to know how they plan to withstand the growth of the No. 1 online retailer. So far this quarter, Amazon has been brought ...

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Samsung's record earnings see it overtake Apple

A Samsung Electronics’s Galaxy S8 is displayed at its office building in Seoul, South Korea. Kim Hong-Ji, Reuters SEOUL – South Korean tech giant Samsung Electronics posted record-breaking earnings Thursday, putting it on course to better rival Apple’s quarterly profits ...

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US stocks at records on solid earnings, higher oil

NEW YORK – Wall Street stocks were back in record territory early Wednesday on higher oil prices and another round of mostly good corporate earnings. Earnings standouts included Dow member Boeing, which jumped 6.6 percent after lifting its full-year profit ...

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Robust earnings, Wall Street rise seen to lift stocks

[embedded content] MANILA – Local shares are expected to trade higher on Friday, boosted by a stream of strong corporate earnings and Wall Street’s gains overnight, an analyst said. The Philippine Stock Exchange Index (PSEi) closed 0.87 percent lower to ...

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Asia markets down ahead of Fed, Apple earnings hit suppliers

Apple’s suppliers were among the big losers in Asian markets Wednesday after it announced the first fall in iPhone sales, while overall trading was tentative before a Federal Reserve announcement later in the day. READ: Apple reports iPhone sales down, ...

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Oil crisis to hurt workers’ earnings

Lower remittances from the Middle East will affect the credit profiles of six recipient countries including the Philippines and hurt economic growth, debt watcher Moody’s Investors Service said in a report Wednesday. “Lower remittances from Gulf Cooperation Council economies, which ...

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