By Chuck Mikolajczak NEW YORK (Reuters) – The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow registering its eighth straight day of gains a[...]
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July 19, 2023
Investors cheer Wall Street’s green shoots as bank executives stay cautious
By Tatiana Bautzer, Sinéad Carew and Saeed Azhar NEW YORK (Reuters) – U.S. banking giants reported lackluster results for investment banking in the second quarter, but that has not stopped inves[...]
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US government agencies target purchasing 9,500 EVs in 2023
By David Shepardson WASHINGTON (Reuters) -U.S. government agencies are targeting buying 9,500 electric vehicles in the 2023 budget year, but face supply issues and higher costs, a federal report said[...]
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Las Vegas Sands second-quarter revenue beats Wall Street estimates
By Doyinsola Oladipo NEW YORK (Reuters) -Las Vegas Sands Corp’s second-quarter revenue exceeded Wall Street estimates, benefiting from non-gaming programming in Macao as tourism rebounds from Ch[...]
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U.S regional bank shares rise on interest income, deposits stabilizing
(Reuters) -Major U.S regional banks said their deposits mostly stabilized and net interest income rose after the first-quarter collapse of Silicon Valley Bank sparked industry turmoil, sending their s[...]
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Discover Financial shares sink after profit miss, buyback pause
By Sinéad Carew (Reuters) – Shares in Discover Financial Services tumbled more than 13% in after-hours trading on Wednesday after its quarterly earnings fell short of expectations and it announc[...]
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Marketmind: China to keep rates on hold … for now
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China’s central bank is expected to leave key interest rates on hol[...]
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Carvana shares surge on plans to cut debt load
By Nathan Gomes (Reuters) -Carvana shares closed up 40.2% at $55.80 on Wednesday after the troubled used-car retailer struck a deal with most of its term bondholders to cut its outstanding debt by mor[...]
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Kinder Morgan second-quarter revenue misses on lower prices
(Reuters) -Pipeline and terminal operator Kinder Morgan on Wednesday posted lower-than-expected second-quarter revenue, hurt by lower commodity prices. Oil and gas prices came under pressure during th[...]
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