Category Archives:
Lincoln Financial swings to quarterly profit on higher investment income
(Reuters) - Lincoln Financial Group posted a quarterly profit, compared with a year-earlier loss, benefiting from a rise in its investment income. A recovery in global capital markets this year on hop...
Nov 01, 2023
Canada govt spending to feed inflation next year, central banker says
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) - Spending by federal and provincial governments in Canada will start feeding into inflation next year if current spending plans are maintained, Ban...
Nov 01, 2023
Marketmind: Fed relief to juice risk appetite
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to open higher on Thursday, lifted by Wall Street's surge...
Nov 01, 2023
Boston Properties forecasts weak full-year FFO on higher interest expenses
(Reuters) - Boston Properties on Wednesday forecast full-year funds from operations (FFO) per share below Wall Street estimates as high interest rates pressure office mortgages. The company, which is ...
Nov 01, 2023
New Fortress Energy may need to reapply for Mexico LNG permit -US
By Curtis Williams HOUSTON (Reuters) - The U.S. Department of Energy (DOE) has warned New Fortress Energy if any portion of its Altamira floating liquefied natural gas (LNG) project is located onshore...
Nov 01, 2023
Tyler Technologies misses quarterly revenue estimates
(Reuters) - Tyler Technologies missed Wall Street estimates for third-quarter revenue on Wednesday, as the IT service provider faces stiff competition from bigger firms in an uncertain economy. The co...
Nov 01, 2023
DoubleLine’s Gundlach expects interest rates to fall as US economy worsens
(Reuters) - DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a recession in early 2024, he said in an inte...
Nov 01, 2023
Allstate swings to quarterly profit on higher premiums; eyes health, benefits units sale
(Reuters) - Insurer Allstate Corp on Wednesday posted a quarterly profit, compared to a year-ago loss, on the back of higher premiums in its property-liability unit. The company said it was pursuing t...
Nov 01, 2023
Host Hotels & Resorts raises full-year adjusted FFO outlook on higher hotel occupancy
(Reuters) - Real estate investment trust (REIT) Host Hotels & Resorts raised its full-year outlook for adjusted funds from operation (FFO) on Wednesday, helped by healthy hotel occupancy rates. A reco...
Nov 01, 2023
Magnitude 6.4 earthquake strikes Timor, Indonesia – EMSC
(Reuters) - An earthquake of magnitude 6.4 struck the Timor region in Indonesia on Thursday, the European-Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 10 kilometers (6.2...
Nov 01, 2023
Peoria, IL, USA
69 °F Partly cloudy
