© Reuters. FILE PHOTO: U.S. President Joe Biden speaks on the phone with Russia’s President Vladimir Putin about a possible Russian invasion of Ukraine, as Biden spends the weekend at the U.S. presidential retreat at Camp David, in this official White House handout WASHINGTON (Reuters) -U.S. President Joe Biden will…

© Reuters. FILE PHOTO: Roberto Colaninno attends the celebrations for the 50th anniversary of the Vespa Primavera scooter at the Piaggio Museum in Pontedera, Italy, April 19, 2018. REUTERS/ Alessandro Bianchi/File Photo By Crispian Balmer ROME (Reuters) – Entrepreneur Roberto Colaninno, chairman and CEO of scooter maker Piaggio and one…

© Reuters. ​CAVA surges 11% on Q2 beat CAVA Group (NYSE:) shares jumped 8% in premarket Wednesday following the company’s Q2 results. EPS of $0.21 came in better than the consensus estimate of ($0.02). increased 62.4% year-over-year to $172.9 million, beating the consensus estimate of $163.19M, driven by 102 net…

© Reuters. FILE PHOTO: People attend a job fair in a mall in Beijing, China June 30, 2023. REUTERS/Thomas Peter/File Photo By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The word ‘crisis’ should always be used responsibly and…

© Reuters. PNC’s $750 Million Bond Sale Amid Banking Race to Boost Capital Reserves Amid a rush among banks to accumulate funds, PNC Financial Group (NYSE:) has turned to the US blue-chip bond market, marking its second venture since a regional banking upheaval jolted investors earlier in the year. The…

© Reuters. July Retail Sales Beat Expectations: Is the Consumer the Pillar Against Recession? US retail sales showcased a promising surge in July, outpacing expectations and demonstrating the resilience of consumers, according to data released by the Commerce Department. Sales witnessed an uplift of 0.7% in July, a figure that…

© Reuters. Mercury Systems stock plunges 10% on Q4 miss & disappointing guidance Mercury Systems (NASDAQ:) reported its yesterday, with EPS of $0.11 coming in worse than the consensus estimate of $0.52. Revenue was $252.3 million, missing the consensus estimate of $278.81M. Following the announcement, shares dropped more than 10%…

© Reuters. FILE PHOTO: A Southwest Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts/File Photo (Reuters) -Southwest Airlines Co said on Tuesday it had reached a tentative agreement with the union that represents about 17,120 transport…

© Reuters. FILE PHOTO: A sign outside the headquarters of JP Morgan Chase & Co in New York, September 19, 2013. JPMorgan Chase & Co will pay $920 million in penalties in two countries to settle some of its potential liabilities from its “London Whale” derivatives tr NEW YORK (Reuters)…

© Reuters. FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo By Sabrina Valle and Sourasis Bose (Reuters) -U.S. oil and gas producer Occidental Petroleum (NYSE:) on…