Category Archives:
Factbox-Redemption wave hits private REITs amid valuation jitters
NEW YORK (Reuters) - Investors looking to cash out of non-traded U.S. real estate income trusts (REITs) have pushed redemptions to an all-time high, forcing private equity firms to impose curbs to blo...
Syndicated Content Jan 24, 2023
Union Pacific posts weak profit as storm delays shipments
(Reuters) - Union Pacific Corp reported lower-than-expected fourth-quarter profit on Tuesday, hurt by delayed shipments amid labor shortages and a winter storm that crippled freight operations across ...
Syndicated Content Jan 24, 2023
OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting, sources say
By Alex Lawler, Ahmad Ghaddar and Vladimir Soldatkin LONDON (Reuters) -An OPEC+ panel is likely to endorse the producer group's current oil output policy when it meets next week, five OPEC+ sources sa...
Syndicated Content Jan 24, 2023
Lockheed Martin profit outlook disappoints as supply, labour squeeze persists
(Reuters) - U.S. weapons maker Lockheed Martin Corp on Tuesday forecast annual profit below Street expectations, hurt by lingering supply bottlenecks and higher costs, though a generous defense budget...
Syndicated Content Jan 24, 2023
Futures edge lower as earnings roll in, chipmakers retreat
(Reuters) - U.S. stock index futures edged lower on Tuesday as corporate reports from bellwethers including 3M, Johnson & Johnson and GE pushed earnings season into high gear, while semiconductor shar...
Syndicated Content Jan 24, 2023
TSX futures slip with U.S. data, BoC rate decision in focus
(Reuters) - Futures for Canada's main stock index edged lower on Tuesday, as investors stood on the sidelines and awaited key U.S. business activity data to gauge the impact of the Federal Reserve's a...
Syndicated Content Jan 24, 2023
Verizon quarterly wireless subscriber additions top estimates
(Reuters) - Verizon Communications Inc on Tuesday reported better-than-expected quarterly wireless subscriber additions, as its promotional plans attracted more customers and drove device upgrades dur...
Syndicated Content Jan 24, 2023
Eli Lilly to invest $450 million more to expand diabetes drug plant capacity
(Reuters) - Eli Lilly and Co said on Tuesday it plans to invest an additional $450 million to expand its manufacturing capacity at the Research Triangle Park facility in North Carolina to support incr...
Syndicated Content Jan 24, 2023
Musk set to take stand again in trial over Tesla funding tweet
By Hyunjoo Jin and Jody Godoy (Reuters) - Elon Musk will take the stand on Tuesday in San Francisco, after telling a jury on Monday that he had locked up financial support in 2018 to take his electric...
Syndicated Content Jan 24, 2023
New York pension seek stricter climate emissions rules from bank portfolios
By Ross Kerber (Reuters) - Shareholder resolutions filed by New York City's top pension official will ask top Wall Street banks including JPMorgan Chase & Co and Bank of America to set stricter 2030 g...
Syndicated Content Jan 24, 2023
Peoria, IL, USA
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