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Emerging-market stocks started the week lower as investors awaited earnings from some of the world’s biggest technology companies for clues on whether the artificial intelligence trade can recover from a bruising selloff.
Unilever Nigeria reported a nine-month net profit of about US$19.9 million on 23 October, up 20%, and declared a US$8.7 million interim dividend. The post Unilever Nigeria Profit Rises 20% to US$20M appeared first on The Rio Times.
Chinese miner CMOC Group Ltd.’s earnings for the first nine months of the year surged 68% as copper prices soared toward a record.
Rogers Communications Inc. beat analyst earnings expectations on gains from sports assets, but the company’s core wireless business is still struggling to find growth.
Volvo AB said good momentum in North America and Europe helped deliver solid earnings during the third quarter with the truckmaker planning to gradually increase production.
Dow Inc. said it expects earnings in its largest business to almost double in the fourth quarter from a year earlier.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Wei Li, BlackRock Global Chief Investment Strategist; Joseph Pinto, M&G Asset Management CEO (Source: Bloomberg)
Brazil's Selic stays at 13.75% with no rate meeting this week. Bradesco reports today and inflation data lands Friday, steering B3 before the open. The post Brazil Stocks Slip 0.9% Before Bradesco Earnings | Morning Call, Oct 22 appeared first on The Rio Times.
Guyana's oil fund took in about US$3.88 billion in nine months, with US$1.89 billion in the third quarter, the Bank of Guyana's reports show. The post Guyana Oil Earnings Reach US$3.88 Billion appeared first on The Rio Times.
General Motors Co. shares fell as shareholders focused on a narrower profit outlook despite plans for another $20 billion in stock repurchases. The company now sees 2026 adjusted earnings before interest and taxes in a range of $14.5 billion to $15.5 billion, compared with the $14 billion to $16 billion range it projected in July. Bloomberg's Craig Trudell joins to discuss. (Source: Bloomberg)
The US earnings season is off to a poor start, according to Wells Fargo & Co.
US stock futures rose and oil edged lower as traders prepared for a packed week of corporate earnings and Chinese economic data against a backdrop of heightened geopolitical risks.
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
On this episode of Stock Movers: - BlackRock (BLK) shares are responding to this morning's earnings. BlackRock reported assets under management that met the average analyst estimate and adjusted EPS and Sales beat estimates. - ASML (ASML) shares are rising this morning after the company said it's searching for ways to produce more chip-making machines over the next two years due to soaring artificial intelligence spending. ASML said its current supply plans mean it won’t be able to fully meet demand in 2027 and 2028, and it's investigating ways to increase capacity for 2028 beyond the 30% increase previously communicated. (Source: Bloomberg)