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ADVFN Financial News : Breaking financial news, market insights, commentary & economic analysis from the world stock markets.
News Highlights: Top Company News of the Day - Thursday at 9 AM ETAmerican Airlines stock jumps toward best post-earnings gain in 3 years American Airlines' stock took flight Thursday after the air carrier beat fourth-quarter profit expectations by a wide margin and provided an upbeat 2024 outlook, while recording... |
U.S. Economy Grew 3.1% Over Last YearBy Gabriel T. Rubin U.S. economy grew 3.1% over the last year as strong consumer spending and hiring upended recession fears. (END) Dow Jones Newswires January 25, 2024 08:50 ET (13:50 GMT) Copyright (c) 2024 Dow Jones & Company, Inc. |
U.S. Economy Lost Pace in December -- Chicago FedBy Joshua Kirby The U.S. economy weakened at the end of the year as production slipped and employment fell back, data from the Federal Reserve Bank of Chicago showed Thursday. The Chicago Fed National Activity Index decreased to minus 0.15 in December from... |
SNC-Lavalin Partnership Secures Fusion Engineering Support Contract in U.S.By Adriano Marchese SNC-Lavalin Group and its partners have been awarded an engineering support services contract by the U.S. Department of Energy's Princeton Plasma Physics Laboratory. The Canadian company, which has rebranded and is in the process... |
European Central Bank Leaves Key Interest Rate Unchanged -- WSJBy Tom Fairless FRANKFURT--The European Central Bank held its key interest rate at a record high, signaling concerns about high inflation even as the eurozone economy flirts with recession. Major central banks including the Federal Reserve late last year... |
Eli Lilly Executive VP of Global Quality Johna Norton to RetireBy Colin Kellaher Eli Lilly's executive vice president of global quality, Johna Norton, is retiring after more than three decades with the drugmaker. Eli Lilly on Thursday said Norton, who joined the Indianapolis company in 1990, will continue to... |
Union Pacific Posts Higher 4Q Earnings, Warns of Muted 2024 VolumeBy Will Feuer Union Pacific's profit edged higher in the fourth quarter, but the company warned of a muted volume outlook for 2024, citing soft economic conditions and lower demand for coal. The Omaha, Neb.-based freight railroad, a bellwether of the... |
NextEra Energy 4Q Revenue Beats Expectations, Bullish on Results in 2024 and BeyondBy Denny Jacob NextEra Energy posted better-than-expected revenue in the latest quarter and struck a bullish tone for future year results. The renewable energy provider logged net income of $1.21 billion, or 59 cents a share, for the fourth quarter ended... |
Lava Therapeutics Shares Rise as Drug Set for Test With Merck's KeytrudaBy Rob Curran Lava Therapeutics shares surged after the biotech company said one of its product candidates would be tested on prostate-cancer patients in combination with Merck's blockbuster Keytruda drug. The Dutch biopharmaceutical firm said the... |
BOE to Limit How Much U.K. Digital Currency Can Be Held InitiallyBy Miriam Mukuru The Bank of England will restrict how much U.K. digital currency an individual or a business could hold at the initial stages after its introduction, the BOE said in a press release. Work on the feasibility and possible design of the... |
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