Chipotle, Microsoft, Alphabet and more

Chipotle, Microsoft, Alphabet and more

Signage is displayed outside a Chipotle Mexican Grill Inc. restaurant in San Francisco, California, U.S., Monday, July 20, 2020. Chipotle is expected to release earnings numbers July 22. David Paul Morris | Bloomberg | Getty Images Find out which companies are making headlines in the midday business. Chipotle Mexican Grill– Shares of Chipotle jumped more … Read more

5 things to know before the stock market opens on Wednesday July 27

5 things to know before the stock market opens on Wednesday July 27

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, United States, July 19, 2022. Brendan Mcdermid | Reuters Here are the most important information investors need to start their trading day: 1. Stock futures on the rise Shares were poised to open higher on a pivotal Wednesday morning. Investors … Read more

Boeing, Hilton, Spotify, Garmin and more

Boeing, Hilton, Spotify, Garmin and more

Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a bigger-than-expected quarterly loss with revenue below consensus estimates. However, Boeing reported positive operating cash flow and, unlike previous quarters, did not record any expenses related to the production of its 737 MAX aircraft. Boeing jumped 4.4% in premarket action. Hilton … Read more

Hong Kong property stocks fall, Australian inflation rises

Hong Kong property stocks fall, Australian inflation rises

SINGAPORE — Property stocks in Hong Kong fell as Asia-Pacific markets traded mixed on Wednesday. Australian inflation rose and investors were eagerly awaiting the Fed’s policy decision. Shares of property company Country Garden plunged 15.05% after announcing it would raise 2.8 billion Hong Kong dollars ($360 million) by selling 870 million new shares. The shares … Read more

China property sales set to plunge worse than 2008, S&P says

China property sales set to plunge worse than 2008, S&P says

Most apartments in China are sold before developers have finished building them. Pictured on June 18, 2022, people select apartments in a housing estate in Huai’an, Jiangsu Province, near Shanghai. Edition of the future | Edition of the future | Getty Images BEIJING — China’s property sales are expected to plunge more this year than … Read more

China property sales set to plunge worse than 2008, S&P says

China property sales set to plunge worse than 2008, S&P says

Most apartments in China are sold before developers have finished building them. Pictured on June 18, 2022, people select apartments in a housing estate in Huai’an, Jiangsu Province, near Shanghai. Edition of the future | Edition of the future | Getty Images BEIJING — China’s property sales are expected to plunge more this year than … Read more

China property sales set to plunge worse than 2008, S&P says

China property sales set to plunge worse than 2008, S&P says

Most apartments in China are sold before developers have finished building them. Pictured on June 18, 2022, people select apartments in a housing estate in Huai’an, Jiangsu Province, near Shanghai. Edition of the future | Edition of the future | Getty Images BEIJING — China’s property sales are expected to plunge more this year than … Read more

Credit Suisse appoints Ulrich Koerner as CEO, launches strategic review as losses mount

Credit Suisse appoints Ulrich Koerner as CEO, launches strategic review as losses mount

Credit Suisse announced on Wednesday that CEO Thomas Gottstein would step down as the bank reported a massive second-quarter loss as poor performance by investment banks and rising litigation provisions weighed on profits. The troubled Swiss bank posted a net loss of 1.593 billion Swiss francs ($1.66 billion), well below analysts’ consensus expectations for a … Read more

Enphase (ENPH) Q2 2022 Results: Strong Growth in Europe

Enphase (ENPH) Q2 2022 Results: Strong Growth in Europe

Workers install solar panels on the roofs of houses under construction south of Corona, California. The California Energy Commission in May 2018 passed new energy building standards requiring solar panels for virtually all new homes built in the state starting in 2020. MediaNews Group/Inland Valley Daily Bulletin via Getty Images | Early digital media | … Read more

Enphase (ENPH) Q2 2022 Results: Strong Growth in Europe

Enphase (ENPH) Q2 2022 Results: Strong Growth in Europe

Workers install solar panels on the roofs of houses under construction south of Corona, California. The California Energy Commission in May 2018 passed new energy building standards requiring solar panels for virtually all new homes built in the state starting in 2020. MediaNews Group/Inland Valley Daily Bulletin via Getty Images | Early digital media | … Read more