Truckload: Higher Rates Drive OR Improvement Despite Labor Headwinds
Third-quarter earnings season is off to a good start for truckload carriers and transportation companies with exposure to the mode. A key concern for the group was whether or not rate increases would offset cost inflation and allow for continued margin improvement; so far they have.
Lower Than Expected Housing Starts and Building Permits Could Be Problems for Homebuilders
Investors have another group of earnings to consider on Tuesday. This week a slew of companies are slated to report earnings including 77 of the 500 stocks that make up the S&P 500. Investors will be looking for signs of supply chain relief and bottlenecks.
S&P Global And IHS Markit Announce UK CMA Decision That Merger ‘does not raise potential competition concerns, except in relation to certain commodity and petrochemical price assessments in the UK’
S&P Global (NYSE:SPGI) and IHS Markit (NYSE:INFO) today provided the following update regarding the decision by the UK Competition and Markets Authority ("CMA") that the merger of S&P Global and
Elon Musk’s SpaceX Gets Wide Public Support And Some Criticism In First FAA Hearing Over Boca Chica Launch Program
The Federal Aviation Administration (FAA) on Monday conducted a virtual public hearing to draw views for an environmental review of the billionaire entrepreneur Elon Musk-led SpaceX’s proposed Starsip launch program at Boca Chica, Texas, Valley Central
Congress Grill Amazon For Alleged Misleading: WSJ
A congressional committee questioned whether Amazon.com Inc (NASDAQ: AMZN) executives misled them during a probe into its business practices and if they may have lied under oath,
Teamsters Update: Yes on New California Law, A Few New Units, One Decertification Looming
It has been a mixed few months for the Teamsters, but the scale does appear to be weighing more in the direction of positivity from its perspective.
Earnings Season Continues with State Street, Albertsons, and Sandvik Announcing on Monday Morning
Stocks appear to be pausing as rates start to rise. Before the U.S. markets opened, short-term U.S. Treasury yields were rising. The five-year yields rose to their highest levels in 20 months per Reuters.
Why Are PagSeguro Shares Trading Higher Today?
PagSeguro Digital Ltd (NYSE:PAGS) clarified a “negligible” impact to 2022 revenue and net income from the Brazilian Central Bank hearing 89/2021…
Friday’s Market Minute: Beats Relieve Markets
Stocks had a winning week following better-than-expected earnings reports resulting in strong end-of-week gains. On Thursday, following earnings beats from big banks and other large companies, the S&P 500 Index (SPX) saw its best day since March, closing 1.7% higher, while the Nasdaq-100 (NDX) climbed 1.9%.