wall street

PURCHASE, N.Y. | PepsiCo revenue is on the rise

PURCHASE, N.Y. — PepsiCo is reporting strong earnings for the second quarter and rising revenue. The company earned $1.82 billion, or $1.28 per share. Adjusted for one-time gains and costs, per-share earnings were $1.61. That, according to a poll by Zacks Investment Research, 10 cents better than Wall Street had expected. Revenue at the Purchase, … Continue reading PURCHASE, N.Y. | PepsiCo revenue is on the rise

SINGAPORE  | Asian markets mirror optimism on Wall Street

SINGAPORE  — Asian markets were mostly higher on Tuesday as overnight gains on Wall Street and the lack of bad news surrounding U.S.-China tariffs boosted sentiment. KEEPING SCORE: Japan’s benchmark Nikkei 225 added 1.0 percent in morning trading to 22,278.51 and South Korea’s Kospi gained 0.4 percent to 2,295.54. Hong Kong’s Hang Seng rose 0.4 … Continue reading SINGAPORE  | Asian markets mirror optimism on Wall Street

US stock | US stocks snap higher despite escalating US-China trade tiff

US stock – The trade dispute between the U.S. and China escalated Friday, but Wall Street focused on a solid jobs report instead. After a wobbly start, U.S. stocks mounted a broad rally, shaking off two consecutive weekly losses. Growing jitters in recent weeks over a stepped-up trading dispute between the world’s two largest economies had … Continue reading US stock | US stocks snap higher despite escalating US-China trade tiff

NEW YORK | Dude, Dell is going public again

NEW YORK — Dell is going public again after a five-year sojourn as a privately held company. In the $21.7 billion agreement announced Monday, the PC and data storage company is offering to exchange tracking stock for a new class of common shares, simplifying the complex ownership structure that is still held mostly by founder … Continue reading NEW YORK | Dude, Dell is going public again

NEW YORK | BJ’s Wholesale Club shares soar on 1st trading day

NEW YORK (AP) — BJ’s got a warm welcome from Wall Street even as it continues to be a laggard in the highly competitive warehouse club market. Shares of BJ’s Wholesale Club Holdings Inc. rallied more than 29 percent to close Thursday at $22 as it returned to the public markets after seven years. The … Continue reading NEW YORK | BJ’s Wholesale Club shares soar on 1st trading day

SINGAPORE  | Asian stocks mixed as trade tensions weigh on US tech sector

SINGAPORE — Asian markets were mixed on Tuesday, as moves by the U.S to gain an upper hand on trade with China weighed on the technology sector. Tech stocks have been the pillar of the Wall Street’s long-running bull market. KEEPING SCORE: Japan’s benchmark Nikkei 225 index rose less than 0.1 percent to 22,347.14 and … Continue reading SINGAPORE  | Asian stocks mixed as trade tensions weigh on US tech sector

NEW YORK | Stocks skid as trade worries pull technology companies lower

NEW YORK (AP) — U.S. stocks skidded Monday as investors grew concerned that technology companies could be pulled into the broadening trade dispute between the U.S. and China. Indexes in Europe and Asia also fell. Stocks sank after the Wall Street Journal and Bloomberg News reported that the administration intends to limit exports of some … Continue reading NEW YORK | Stocks skid as trade worries pull technology companies lower

WASHINGTON | Trump’s teasing jobs report tweet raises questions

WASHINGTON (AP) — With a tantalizing tweet, President Donald Trump seemed to tease a positive jobs report on Friday, a protocol-defying step that moved markets and raised questions about the appropriateness of the president publicly hinting at information that could make or lose fortunes. Treasury yields jumped and the value of the dollar increased within … Continue reading WASHINGTON | Trump’s teasing jobs report tweet raises questions