An eventful second-quarter earnings season is now in the books for banks, with many beating consensus estimates. The second quarter featured a particularly bleak three-month period of the coronavirus pandemic that included a large chunk of time spent sheltering in place for many
After watching the S&P 500 crash, then levitate, over the past seven months, I've come to one conclusion: high-yield closed-end funds (CEFs) are disrespected now--and that makes them a great contrarian buy.
(RTTNews) - Nikola Corp. (NKLA) announced a minimum order of 2,500 electrified refuse trucks from Republic Services, expandable up to 5,000. The order is to begin full production deliveries in 2023. Republic Services expects to realize significant operating cost savings and envi
Egypt's government has revamped Tahrir Square, dotting the space occupied nearly a decade ago by throngs of anti-regime protesters with Pharaonic monuments and private security guards.
Energy stocks were higher in Monday pre-bell trading as the Energy Select Sector SPDR (XLE) ETF was recently advancing by 0.48%. The United States Oil Fund (USO) was 0.84% higher and the United States Natural Gas Fund (UNG) was more than 1% lower. West Texas Intermediate crude
Industrial stocks may not be the most exciting companies to buy, but in a volatile market like this one, excitement isn't always a good thing. What many industrials do offer is low-key but reliable performance, saving the excitement for their dividend payouts, which can be well
Dubai Gold & Commodities Exchange (DGCX), the leading commodity derivatives exchange in the Middle East serving a global market, and Nasdaq announced that they have signed a major market technology agreement for the delivery of a full suite of integrated marketplace solutions to
Net-lease retail real estate investment trust Realty Income (NYSE: O) is generally considered to have a very safe business model. The company leases single-tenant properties to retailers that are largely immune to e-commerce headwinds and that are recession-resistant.
(RTTNews) - Barrick Gold Corp. (GOLD, ABX.TO) reported second quarter adjusted basic earnings per share of $0.23 compared to $0.09, prior year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.18, for the quarter. Analysts'
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The dollar strengthened on Monday, including against the euro and the Swiss franc, as investors focused on fiscal stimulus in the United States and U.S.-China tensions ahead of key trade talks on Aug. 15.
U.S. stock index futures were in a flat-to-slightly higher range on Monday as markets looked to executive orders from President Donald Trump over the weekend to support the economy until more concrete stimulus could be passed.
Americans desperately need relief in light of the COVID-19 crisis and the subsequent recession it's spawned. One such relief measure is boosted unemployment -- something jobless workers were privy to earlier on in the year under the CARES Act.
Emerging market central banks continued to cut interest rates in July as policymakers battling the fallout from the coronavirus pandemic tried to shore up their economies, though the pace of reductions has slowed down considerably.
(RTTNews) - Oil prices climbed on Monday after Iraq pledged to cut its oil output by a further 400,000 barrels per day and Saudi Aramco said demand will continue to improve.
Iran will not compensate Ukraine International Airlines for its plane Tehran accidentally downed in January because the passenger jet was insured by European firms, the head of Iran's Central Insurance Organisation said on Monday.
LONDON (Reuters Breakingviews) - Saudi Aramco has deployed its triple-bottomed dividend defences sooner than expected. The Saudi state energy giant is handing $18.75 billion to investors this quarter even though earnings plunged to little more than a third of that amount
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