Keysight Technologies Inc. KEYS, -16.56% shares fell more than 7% in extended trading Tuesday after beating Wall Street estimates on first-quarter profit and revenue but falling short of expectations ...
Tag: weighed
Exxon Says Natural Gas Decline Weighed on Fourth-Quarter Profit
(Bloomberg) — Exxon Mobil Corp., the largest US oil company, said lower oil and natural gas prices had a negative impact on fourth-quarter earnings of about $3.7 billion compared with the preced...
Sam Bankman-Fried, Elon Musk Weighed ‘Joint Effort’ to Acquire Twitter
Bankman-Fried advisor Will MacAskill tried to set up a meeting between the two billionaires The FTX CEO was ready to commit roughly $5 billion towards the deal, text messages showed When Elon Musk off...
Weighed Down by Opioid Litigation, Endo International Files for Bankruptcy
Text size Dreamstime The generic drugmaker Endo International , which faces thousands of lawsuits related to its alleged role in the opioid crisis, filed for bankruptcy late Tuesday morning, while ann...
Pending Home Sales Plunge In June As Demand Is Weighed Down By Surging Mortgage Rates
Topline Pending home sales—a leading indicator for housing market activity—plunged by a more than expected 20% in June compared to a year ago, according to new data from the National Association of Re...
Events in China, India Have Also Weighed on Crypto Prices
“In one remarkable stretch, Taiwan went 200 days without a COVID-19 case, and without China-style lockdowns. The secret sauce? Thanks to privacy-protecting encryption, citizens were happy to sca...