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Business

“BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge”

“Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices. The British energy major posted an underlying replacement cost profit, a proxy for net profit, of $3.3 billion for the third quarter, above analyst estimates of… Continue Reading…

Stocks

“GM beats Wall Street’s third-quarter estimates, guides toward ‘high end’ of 2021 earnings forecast”

“…The third quarter was expected to be a rougher one than the first half of the year for GM. Analysts, however, said they projected relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants.… Continue Reading…

Business

“Ford’s sales… down by 27.4% in the third quarter”

” Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor chips interrupted vehicle production. The drastic decline was narrower than auto forecasters expected, but… Continue Reading…

Stocks

“Fast-Growing Stocks: Nvidia, GOOGL Stock Among 17 Names Expecting Up To 776% Growth In Q3”

“Q3 Earnings: Best Growth Stocks To Watch Screen generated in MarketSmith | Data as of 9/21/21 Company Symbol EPS Est Cur Qtr % Comp Rating EPS Rating RS Rating SMR Rating Steel Dynamics Inc STLD 776 98 95 90 A Kulicke &… Continue Reading…

Business, Predictions, Opinions, & Comments

“JetBlue Airways’ Q3 Revenue Slumps 76%…”

“JetBlue Airways, a major American low-cost airline, reported that its revenue slumped 76% year-over-year… The passenger carrier company reported a net loss of $393 million or $1.44 in the third quarter of 2020, worst compared to a $187 million profit… Continue Reading…

Stocks

“Fast-Growing Stocks: See 23 Companies Expecting Up To 1,433% Earnings Growth In Q3”

“With Q3 earnings season getting underway, here’s a look at today’s fastest-growing stocks expecting 54% to 1,433% EPS increases in their next report. Alpha Pro Tech (APT) leads the list, expecting 1,433% earnings growth when it next reports…” https://www.investors.com/research/fast-growing-stocks-amzn-amd-pfsi-apt-q3-earnings-estimates/?src=A00220 This article talks… Continue Reading…

Economy

“…retail sales rise for a third straight month”

“Consumers spent less than expected in July as a pullback in auto sales helped cool an economy struggling to shake off the effects of the coronavirus pandemic. Retail sales rose 1.2% for the month, against the expected increase of 2.3%… Continue Reading…

Real Estate

“Record low US mortgage rates for the third consecutive week”

“Rates on 30-year mortgages have fallen to record lows for the third consecutive week as inflation remains muted in a weakened economy, even in the face of persistent demand from homebuyers Mortgage buyer Freddie Mac reported Thursday that the average… Continue Reading…

Economy, Personal Finance

“Nearly 1 in 3 American workers run out of money before payday—even those earning over $100,000”

“…For about a third of Americans, this is a regular financial stress, with 32% running out of money before their next paycheck hits, according to a new survey fielded by Salary Finance of over 2,700 U.S. adults working at companies with over… Continue Reading…

Economy

“Wives now out-earn their husbands nearly a third of the time”

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…