Tag: Wall Street
CVS reports $2.3B profit in Q4, announces Oak Street Health deal
PROVIDENCE – CVS Health Corp. announced on Wednesday better-than-expected results from the final quarter of 2022 and confirmed its purchase of primary care provider...
Fed lifts rate by quarter-point and signals more hikes ahead
WASHINGTON (AP) – The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth...
Sensata Technologies sees profit narrow to $310.7M in 2022
ATTLEBORO – Industrial technology manufacturer Sensata Technologies Holding PLC posted a $310.7 million profit for 2022, a 14.6% decline from a year earlier, the...
General Dynamics reports $3.4B profit in 2022
PROVIDENCE – General Dynamics Corp. on Wednesday reported a profit of $3.4 billion for 2022, a 4.1% increase year over year.
Earnings of $12.19 per...
Raytheon reports $5.2B profit in 2022, announces realignment of businesses
ARLINGTON, Va. – Raytheon Technologies Corp. on Tuesday reported a year-end profit of $5.2 billion in 2022, or $3.50 per share, and announced its...
Bally’s reports $593,000 profit in Q3, misses Wall Street’s expectations
PROVIDENCE – Bally’s Corp. reported a profit of $593,000 in the third quarter of 2022 after reporting a $14.7 million loss in the same period a...
Aspen Aerogels posts $29.6M loss in Q3
NORTHBOROUGH, Mass. – Aspen Aerogels Inc. Wednesday reported a loss of $29.6 million in the third quarter of 2022, or 75 cents per diluted...
Sensata Technologies posts $140M profit in Q3
ATTLEBORO – Sensata Technologies Holdings PLC earned a profit of $140.3 million in the third quarter of 2022, compared with an $85 million profit...
U.S. applications for jobless benefits increased last week
WASHINGTON (AP) – More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation...
Markets shudder on dashed inflation hopes; Dow falls 1,250
NEW YORK (AP) — Stocks tumbled to their worst day in more than two years Tuesday, knocking the Dow Jones Industrial Average down more...
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