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Economy

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…
Economy

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…
Stock

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…
Stock

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…
Stock

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…
Stock

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…
Stock

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…
Economy

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…
Economy

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…
Stock

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…
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