AmEx quarterly profit exceeds expectations on cost control
(Reuters) -American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense management that helped soften the hit…
Factbox-Airlines suspend flights as Middle East tensions rise
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to…
Mizuho cuts price targets for auto chip stocks on softer trends
Investing.com — Mizuho Securities has adjusted its outlook for auto chip stocks, cutting price targets for key players amid signs of weaker-than-expected…
Swiss defend decision not to adopt latest Russia sanctions in full
LONDON (Reuters) – Switzerland on Friday said it was “unequivocally” committed to sanctions against Russia after Bern decided not to adopt in…
Photon Energy boosts Romanian solar capacity to 51.6 MWp
AMSTERDAM/BUCHAREST – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) has announced the completion and grid connection of a new 3.2 MWp photovoltaic…
Comet sees uptick in Q3 sales with semiconductor demand
ZURICH – Comet, a provider of key technologies for the semiconductor industry, reported a 45.6% increase in net sales for the third…
Exclusive-Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
By Allison Lampert and Mike Stone (Reuters) – Spirit AeroSystems (NYSE:SPR) will tell employees on Friday that it will furlough 700 workers…
US weekly jobless claims unexpectedly fall
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the…
US retail sales increase solidly in September
WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in September, supporting views that the economy maintained a strong pace…
IBM stock momentum to continue: Morgan Stanley
Investing.com — Morgan Stanley analysts believe IBM (NYSE:IBM)’s recent stock momentum is likely to persist through the upcoming earnings season. Despite maintaining an…
