NEW YORK—Intercontinental Exchange Inc on Thursday reported a quarterly profit that topped Wall Street expectations, helped by strong gains in its mortgage technology business and robust demand for its interest rate and energy hedging products. The New York Stock Exchange owner earned $1.30 per share in the quarter ended Sept. 30, 8 cents above the…
NYSE-Owner ICE’s Quarterly Profits Top Expectations, Shares Hit Record
October 29, 2021
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Business & EconomyBusiness ColumnistsCompaniesIntercontinental Exchange IncMarket WatchMarketsNew York Stock ExchangeQuarterly Profits
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Comcast Q3 Growth Aided by Customer Addons, NBCUniversal
Comcast Corp. reported third-quarter FY21 revenue growth of 18.7% year-on-year to $30.3 billion, beating the consensus of $29.87 billion. Revenue for Cable Communications rose 7.4 percent Y/Y to $16.12 billion, driven by increases in broadband, advertising, wireless, business services, video, and other revenue, partially offset by a decrease in voice revenue. Customer Relationships increased by 255,000…
US GDP up 2 Percent in Q3: ‘Very Disappointing’
Investors got some disappointing news about the economic rebound Thursday when the U.S. Commerce Department reported third-quarter GDP growth that fell short of economist expectations. What Happened? U.S. GDP grew just 2% in the third quarter, short of economist estimates of 2.8 percent. Third-quarter growth represented the slowest rate since the pandemic recovery began. Why…
How to Create a Video-Based Employee Onboarding Program to Maximize New-Hire Productivity
By Alexander Young With over 20 percent of staff turnover occurring in the first 45 days of employment, having a strong onboarding process is vital for new-hire retention and employee productivity. Effective onboarding improves these metrics by over 82 percent and 70 percent respectively, according to research by Glassdoor. So how can startups and…
Being Happy With Less
Every single day, I get emails from readers who seem to be absolutely obsessed with the idea of “maximizing” their Social Security benefits. And frequently, those emails are dripping with anxiety and sometimes almost torment. It’s like these folks are just worrying themselves sick that they might be missing out on a few bucks in…
Hope Is a Good Thing
Dear Dave, What is the main difference between people who follow your plan, stick with it, and succeed, and those who fall off along the way? Damon Dear Damon, I’ve walked with thousands of families through financial problems. Some of them were speed bumps that just needed to be smoothed out, while others seemed like…
Is Tesla on Track to Deliver Apple-Like Gross Margins Amid China Demand Rebound? Bulls Munster and Ives React to Q3 Earnings
Tesla Inc.’s impressive third-quarter earnings and revenue beat despite the impact of chip shortage indicates a robust electric vehicle trajectory for the Elon Musk-led company in the current quarter and beyond, according to analysts from Loup Ventures and Wedbush Securities. Tesla Analysts Wedbush analyst Daniel Ives has maintained an Outperform rating and a price target…
World Bank Sees ‘Significant’ Inflation Risk From High Energy Prices
October 21, 2021
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ArchivedBusiness & EconomyBusiness ColumnistsEconomieseconomyenergy pricesInflation RiskNewsUSUS NewsWorld Bank Group
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WASHINGTON—Energy prices are expected to inch up in 2022 after surging more than 80 percent in 2021, fueling significant near-term risks to global inflation in many developing countries, the World Bank said in its latest Commodity Markets Outlook on Thursday. The multilateral development bank said energy prices should start to decline in the second half…
Business Chart of the Day: If the Ford Rally Over?
They say that markets have memories. And if it’s true, there’s a good chance the rally in shares of Ford Motor Company may be about to end. A market memory is a reference to a support or resistance level retaining its importance for an extended period of time. In the case of Ford, it may be…
Business Chart of the Day: Is the Ford Rally Over?
They say that markets have memories. And if it’s true, there’s a good chance the rally in shares of Ford Motor Company may be about to end. A market memory is a reference to a support or resistance level retaining its importance for an extended period of time. In the case of Ford, it may be…
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