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U.S. oil giant ExxonMobil (NYSE: XOM) is planning to cut 1,900 jobs, or about 2.6% of its workforce, according to an Oct. 29 press release. The news comes about three weeks after the company announced an estimated 1,600 job cuts in Europe. In March, the Saudi Arabia-Russia oil pr

(RTTNews) - Redwood Trust, Inc. (RWT) released earnings for its third quarter that advanced from last year.The company's bottom line totaled $142 million, or $1.02 per share. This compares with $34 million, or $0.31 per share, in last year's third quarter.

(RTTNews) - Below are the earnings highlights for Invacare Corp (IVC):-Earnings: -$7.28 million in Q3 vs. -$8.04 million in the same period last year. -EPS: -$0.21 in Q3 vs. -$0.24 in the same period last year. -Excluding items, Invacare Corp reported adjusted earnings of -$3.4

(RTTNews) - Erie Indemnity Co (ERIE) reported earnings for third quarter that declined from the same period last year.The company's earnings came in at $89.22 million, or $1.71 per share. This compares with $94.17 million, or $1.80 per share, in last year's third quarter.

(RTTNews) - Below are the earnings highlights for Cabot Oil & Gas Corp. (COG):-Earnings: -$14.96 million in Q3 vs. $90.36 million in the same period last year. -EPS: -$0.04 in Q3 vs. $0.22 in the same period last year. -Excluding items, Cabot Oil & Gas Corp. reported ad

(RTTNews) - Apple Inc. (AAPL) released a profit for fourth quarter that decreased from the same period last year.The company's bottom line came in at $12.67 billion, or $0.73 per share. This compares with $13.69 billion, or $0.76 per share, in last year's fourth quarter.

(RTTNews) - Resmed Inc (RMD) reported a profit for its first quarter that increased from the same period last year.The company's earnings came in at $178.4 million, or $1.22 per share. This compares with $120.1 million, or $0.83 per share, in last year's first quarter.

Coming off a four-day losing streak, the Dow closed up 139 points today as upbeat economic data lifted the market. U.S. gross domestic product (GDP) data came in better than expected, posting its fastest expansion ever, while initial jobless claims fell to 751,000 last wee

(RTTNews) - Camden Property Trust (CPT) announced a profit for third quarter that decreased from last year.The company's bottom line totaled $34.96 million, or $0.35 per share. This compares with $43.60 million, or $0.44 per share, in last year's third quarter.

(RTTNews) - Activision Blizzard (ATVI) reported a profit for its third quarter that increased from last year.The company's profit totaled $604 million, or $0.78 per share. This compares with $204 million, or $0.26 per share, in last year's third quarter.

(RTTNews) - Standex International Corp (SXI) revealed earnings for first quarter that fell from the same period last year.The company's profit came in at $9.72 million, or $0.79 per share. This compares with $12.44 million, or $1.00 per share, in last year's first quarter.

(RTTNews) - Facebook Inc. (FB) Thursday reported a third-quarter profit that increased from a year ago, driven largely by 22% growth in revenues. The social media giant's earnings and revenues for the quarter trumped Wall Street estimates.Menlo Park, California-based Facebook's t

(RTTNews) - Alphabet Inc. (GOOGL) announced a profit for its third quarter that rose from the same period last year.The company's earnings came in at $11.25 billion, or $16.40 per share. This compares with $7.07 billion, or $10.12 per share, in last year's third quarter.

(RTTNews) - Following the sell-off seen in the previous session, stocks showed a significant rebound during trading on Thursday. The major averages all moved back to the upside, with the tech-heavy Nasdaq showing a particularly strong upward move.The major averages pulled back of

(RTTNews) - Arthur J Gallagher & Co. (AJG) revealed a profit for its third quarter that increased from last year.The company's earnings came in at $206.7 million, or $1.05 per share. This compares with $151.1 million, or $0.77 per share, in last year's third quarter.

Investors might not be overly excited about Alexion Pharmaceutical's (NASDAQ: ALXN) stock performance so far in 2020. But with shares trading at only 10 times expected earnings, Alexion is arguably one of the biggest bargains in all of biotech.Alexion might not be such a bargain

What happened Shares of Pinterest (NYSE: PINS) rocketed higher on Thursday following the visual discovery engine's blockbuster third-quarter results. As of 2:15 p.m. EDT, Pinterest's stock was up more than 28%.

Moderna (NASDAQ: MRNA) expects to take its first interim peek at data from the late-stage clinical trial of its coronavirus vaccine candidate, mRNA-1273, in November. Comments to that effect were made during the company's third-quarter conference call on Thursday.That early measu

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(RTTNews) - French building materials firm Saint-Gobain (CODGF.PK), Thursday reported sales for the nine-month period of 27.89 billion euros, down 14.1% from 32.47 billion euros last year.On a like-for-like basis, sales were down 7.2 over nine months.