Save articles for later Add articles to your saved list and come back to them any time. National Australia Bank, Westpac and ANZ Bank have pulled off a better than expected financial year, after the property market and the unemployment rate both turned out to be surprisingly resilient despite steep interest rate rises. As the three banking giants closed their […]

Slideshow ( 3 images )WASHINGTON (Reuters) -U.S. Senator Bob Menendez’s trial on corruption charges will begin in May, a federal judge in New York said on Monday. The Democratic senator for New Jersey has pleaded not guilty and resisted calls for his resignation following his indictment last month on charges of taking bribes from three New Jersey businessmen. U.S. District […]

WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by anti-abortion activists to throw out more than $2 million in damages they were ordered to pay Planned Parenthood after secretly recording video of abortion providers in a scheme to try to show the illicit sale of aborted fetal tissue for profit.Slideshow ( 2 images )The justices […]

Value style is considered one of the best practices when it comes to picking stocks. Value investing is essentially about selecting stocks that are fundamentally sound but have been beaten down by some external factors. Such stocks are poised to bounce back as and when investors recognize the inherent value of companies. Certainly, the value investment strategy best suits investors […]

Players in the Zacks Computer – Integrated Systems industry are grappling with lingering supply-chain bottlenecks. A challenging macroeconomic landscape with rising inflation is also a concern. Soaring prices and persistent delays in customer acceptance have resulted in high levels of backlog and cast a pall on the industry’s prospects. Nonetheless, International Business Machines IBM, Hewlett Packard Enterprise HPE, NCR Corporation […]

After U.S. markets closed on Tuesday, Costco reported revenue and earnings per share (EPS) that were better than expected. Revenue rose 9.5% year over year and 1.5% sequentially. The good report initially induced investors to sell the news, but optimists pushed the share price up about 1.7% early Wednesday. Before markets opened on Wednesday, Paychex also beat consensus estimates on […]

Today, Zacks Equity Research discusses Exxon Mobil Corp. XOM, Chevron Corp. CVX, Shell plc SHEL and YPF Sociedad Anónima YPF. Industry: Integrated Energy Link: https://www.zacks.com/commentary/2154859/4-integrated-energy-stocks-set-to-escape-industry-weakness Uncertainty around the trajectory for interest rates has made the overall energy market extremely volatile. This is hurting the prospects of upstream and downstream businesses, thereby making the outlook for the Zacks Oil and Gas Integrated […]

Treasuries moved sharply lower during trading on Monday, more than offsetting the rebound seen in the previous session. Bond prices showed a steep drop in early trading and saw further downside going into the close. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, soared 10.4 basis points to 4.542 percent. With the […]

Wall Street has seen a bull run in 2023 after a highly disappointing 2022. Year to date, all three major stock indexes are in positive territory. In fact, the S&P 500 and the Nasdaq Composite have witnessed an impressive rally. However, in the past one and a half months, volatility has returned to U.S. stock markets. The Dow, the S&P […]

The futures traded higher, after a risk-off Tuesday in which all the major indexes closed lower. Once again, the song remains the same, as the impending announcement from the Federal Reserve is expected to be no rate increase, and market strategists will be closely scrutinizing the accompanying text for a continued hawkish bias and the higher-for-longer messaging from Fed Chair […]