Tag: Wall Street
Fed Chair Warsh signals rate hikes may be needed with inflation...
JACKSON HOLE, Wyo. (AP) – Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may...
General Dynamics Electric Boat parent’s Q2 profit jumps 14%
NORTH KINGSTOWN – General Dynamics Corp., the parent company of General Dynamics Electric Boat, posted a $1.16 billion profit in the second quarter, a...
Textron posts $248M profit in Q2
PROVIDENCE – Textron Inc. reported a $248 million profit in the second quarter, a slight increase from $245 million a year ago.
The company on Tuesday posted...
Magic: The Gathering powers Hasbro to $160.9M Q2 profit
PAWTUCKET – Hasbro Inc. on Tuesday reported a second-quarter profit of $160.9 million driven by a strong performance from Magic: The Gathering, after posting an...
Citizens’ 2Q profit increases 34.6%
PROVIDENCE – Citizens Financial Group Inc. on Thursday posted a $587 million profit for the second quarter of 2026, up 34.6% year over year. The increase was...
Aspen Aerogels affirms plan to restart E.P. plant; Q1 loss narrows...
NORTHBOROUGH, Mass. – Aspen Aerogels Inc. on Thursday posted a $23.7 million loss in the first quarter of 2026 and said it expects to...
CVS reports 73% profit boost in Q1
WOONSOCKET – CVS Health Corp. on Wednesday reported a first-quarter profit of $2.94 billion, an increase from $1.7 billion the year prior.
For the quarter, the...
General Dynamics posts $1.13B Q1 profit
NORTH KINGSTOWN – General Dynamics Corp. logged a $1.13 billion profit in the first quarter of 2026, a 13.2% increase year over year, the aerospace and defense...
Citizens Financial Q1 profit rises to $517M on margin expansion, fee...
PROVIDENCE – Citizens Financial Group Inc. on Thursday reported a profit of $517 million in the first quarter of 2026, a 39% increase from...
Dow drops 1,000 points after oil spikes to its highest price...
NEW YORK (AP) – The Dow Jones Industrial Average dropped more than 1,000 points Thursday after the price of oil spiked to its highest level...
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