Category Archives:
Chinese chip equipment makers grab market share as U.S. tightens curbs
By Fanny Potkin and Yelin Mo SINGAPORE/BEIJING (Reuters) - As the U.S. tightens its restrictions on China's semiconductor industry, Chinese manufacturers of tools used to make chips are benefiting, wi...
Oct 18, 2023
Ford names Kumar Galhotra as Chief Operating Officer
(Reuters) - Ford Motor Co on Wednesday named Kumar Galhotra as its chief operating officer. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)
Oct 18, 2023
Spirit Aero, Boeing enter agreement to boost deliveries
(Reuters) -Aerospace supplier Spirit AeroSystems said on Wednesday it had entered into a preliminary agreement with its largest customer Boeing to achieve production stability at its factories and sup...
Oct 18, 2023
Morgan Stanley profit shrinks as deal slump lingers
(Reuters) -Morgan Stanley's profit fell about 9% in the third quarter, dragged down by lethargic dealmaking that sent the lender's shares down nearly 3% in premarket trading. Profit for the three mont...
Oct 18, 2023
Abbott profit beats on strong sales of medical devices, diagnostics
(Reuters) -Abbott Laboratories on Wednesday tightened its profit forecast for the year after beating estimates for third-quarter earnings on strong demand for its medical devices and diagnostics produ...
Oct 18, 2023
M&T Bank beats profit estimates as higher rates boost interest income
(Reuters) - M&T Bank beat Wall Street estimates for third-quarter profit on Wednesday, as the Federal Reserve's rapid rate hikes allowed the lender to charge more on loans. The higher-for-longer inter...
Oct 18, 2023
Futures down on Middle East worries as earnings get into full swing
By Ankika Biswas and Shashwat Chauhan (Reuters) -Futures for Wall Street's main indexes dipped on Wednesday as growing tensions in the Middle East spurred demand for safe-haven assets, with investors ...
Oct 18, 2023
Suspect in Natalee Holloway case to plead guilty to extorting Holloway’s mother
(Reuters) - Joran van der Sloot, the Dutch man suspected in the 2005 disappearance of Alabama teenager Natalee Holloway, is expected to plead guilty on Wednesday to U.S. charges of extorting Holloway'...
Oct 18, 2023
P&G tops quarterly profit estimates on pricing boost, resilient demand
(Reuters) -Procter & Gamble's quarterly sales and profit topped market expectations on Wednesday, helped by steady demand for its personal care products and cleaning supplies as well as price hikes. P...
Oct 18, 2023
Citizens Financial’s profit drops 33% on interest income slump
(Reuters) - Citizens Financial Group's third-quarter profit fell 33% on Wednesday on a decline in the bank's income earned from charging customers interest on their loans. Analysts had been expecting ...
Oct 18, 2023
Peoria, IL, USA
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