The General Motors headquarters inside the Renaissance Center in Detroit on April 15, 2024.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday.Here is what Wall Street is expecting, according to average estimates compiled by LSEG:Earnings per share:...
Check out the companies making headlines after the bell : Nike — Shares added nearly 1% after the sneaker giant and athletics apparel company renewed its uniform partnership with the NBA and WNBA. The company will be the exclusive provider of uniforms for both leagues for another 12 years....
The U.S. presidential election is fast approaching, but it may not have as much an impact on markets as people may think, some investors say. With just a little over two weeks until the election, the race appears to be locked in a "dead heat" between former President Donald...
Check out the companies making headlines in midday trading: Boeing — The stock climbed 3%. The aircraft maker reached a new contract proposal with its machinists' union, which could end a strike that has been going on for more than a month. The ratification vote is set for Wednesday....
Check out the companies making...
The U.S. presidential election is...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore's United Overseas Bank. But the bank remains optimistic about one key region."The U.S. commercial real estate remains a hotspot, especially with the low occupancy rates that we...
BNP Paribas latest quarterly results are out.ANGELA WEISS | AFP | Getty ImagesBNP Paribas, the euro zone's biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate financing services offset the continued retreat in trading revenue. The French lender's third-quarter net income dropped by 4% from...
The United Overseas Bank (UOB) building is pictured in the Raffles Place financial district in Singapore on August 10, 2023.Roslan Rahman | Afp | Getty ImagesSingapore's United Overseas Bank, or UOB, expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday a weaker-than-expected 1% drop in...
United Auto Workers President Shawn Fain (right) and UAW Secretary-Treasurer Margaret Mock (left) lead a march outside Stellantis' Ram 1500 plant in Sterling Heights, Michigan after the union called a strike at the plant on Oct. 23, 2023.Michael Wayland / CNBCDETROIT – The United Auto Workers union and Ford...
James Gorman, Morgan Stanley CEO, July 18, 2023.CNBCMorgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024.Pick, a Morgan Stanley veteran who rose through the ranks to lead the bank's Wall Street operations, will also join the New York-based bank's board,...
Eisai on Wednesday said an injectable version of the Alzheimer's drug Leqembi showed promising initial results in a clinical trial, potentially paving the way for a new and more convenient option for administering the antibody treatment. However, the injection did not cause lower rates of brain swelling and bleeding, which...
Guests shop during a visit to the new Malibu Barbie Cafe pop-up in New York City, May 17, 2023.Brendan McDermid | ReutersCall it a Barbie boost.Mattel on Wednesday said Barbie sales jumped 16% in the third quarter, riding the wave of the blockbuster movie. The "Barbie" film, released in...
