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Bank Of America Q3 Profit Drops On $1.2 Bln Treasury Fine; Shares Hit

India, Oct. 14 -- Shares of Bank of America Corp. were losing around 6 percent in the pre-market activity on the NYSE after the banking major reported Wednesday lower third-quarter earnings, hurt by a... Read More


U.S. Consumer Prices Increase In Line With Estimates In September

India, Oct. 14 -- Partly reflecting a spike in energy prices, the Labor Department released a closely watched report on Wednesday showing consumer prices in the U.S. increased in line with economist e... Read More


FF EAI Robotics To Acquire Faraday Future's Robotics Business For $200 Million

India, Oct. 14 -- FF EAI Robotics Ecosystem Inc. (FFR) on Thursday announced a definitive agreement to acquire the entire robotics ecosystem business of Faraday Future Intelligent Electric Inc. (FFAI)... Read More


Wall Street Set To Open Broadly Up

India, Oct. 14 -- Geopolitical developments in the Middle East continue to influence the investor sentiments on Wednesday. In the Asian trading session, gold prices were moving lower. Spot gold dippe... Read More


Spain Inflation Confirmed At 4.9%; Highest Since 2023

India, Oct. 14 -- Spain's inflation accelerated to the highest level in more than three-and-a-half years in September, as initially estimated, the statistical office INE said Wednesday. Consumer pric... Read More


Pound Rises As UK Chancellor Assures Fiscal Discipline

India, Oct. 14 -- The British pound strengthened against other major currencies in the European session on Wednesday, as UK Chancellor of the Exchequer John Healey promises to finance the cost-of-livi... Read More


Japan Core Machinery Orders Rise 5.2% In August

India, Oct. 14 -- The value of core machinery orders in Japan was up a seasonally adjusted 5.2 percent on month in August, the Cabinet Office said on Thursday - coming in at 1,069.8 billion yen. That... Read More


State Street Q3 Profit, Revenue Rise, But Stock Down In Pre-market

India, Oct. 14 -- State Street Corp. (STT), a financial services and bank holding company, Wednesday reported a 27% increase in third-quarter profit, primarily helped by growth in net interest income ... Read More


Markets Cautious Ahead Of U.S. CPI Data

India, Oct. 14 -- Sentiment in global markets remains cautious ahead of the release of consumer price inflation readings from the U.S. on Wednesday morning. The renewed increase in oil prices as well ... Read More


Morgan Stanley Q3 Net Profit Up 6% - Update

India, Oct. 14 -- Financial services firm Morgan Stanley (MS) reported Wednesday that net income applicable to the company's shareholders for the third quarter grew to $4.91 billion or $3.03 per share... Read More