Futures on Wall Street indexes are rising to start the month, pointing to modest opening gains for the S&P 500 ahead of another batch of earnings. Here’s what we’re watching before the bell. Novavax said it had completed its rolling submission to Canada’s health regulator to authorize its Covid-19 vaccine candidate. Shares jumped 6.8% in […]

Wall Street indexes are slipping after some major earnings reports pointed to risks from supply logjams and difficulty finding workers. Here’s what we’re watching in Friday’s trading: Amazon and  Apple reported quarterly results that showed how supply-chain problems and tight labor markets are tripping up even some of the biggest business winners of the pandemic era. Lucid […]

U.S. stock futures are edging higher amid another wave of earnings from major corporations. Here’s what we’re watching ahead of Thursday’s session. Shares of Ford Motor jumped more than 8% premarket after the auto maker increased its guidance. Caterpillar shares rose 1.5% in premarket trade after the maker of equipment for the construction and energy […]

Wall Street indexes are wavering amid another slew of results from some of the biggest U.S. companies. Here’s what we’re watching ahead of Wednesday’s action: Coca-Cola reported third-quarter profit and revenue that rose above expectations and raised its full-year earnings growth view. McDonald’s reported third-quarter earnings and sales that beat expectations. Robinhood Markets shares dropped […]

UBS is arguably Europe’s strongest big bank these days. So why are investors still wary? The Swiss lender reported robust third-quarter numbers on Tuesday, with the highest quarterly net profit and lowest cost-to-income ratio in more than a decade. It significantly beat its own targets and posted a 17.2% return on tangible equity and 14.9% […]

Bakkt shares soared after the announcement. Photo: BRENDAN MCDERMID/REUTERS By AnnaMaria Andriotis Close AnnaMaria Andriotis Updated Oct. 25, 2021 4:38 pm ET Mastercard Inc. MA -0.98% and crypto firm Bakkt Holdings Inc. BKKT -22.29% on Monday said they have partnered to enable cryptocurrency card payments. The companies said the partnership will make it easier for […]

HBSC’s pivot to Asia remains promising despite China’s slowing growth and real-estate market uncertainty. On Monday, the London-headquartered bank reported higher-than-expected third-quarter profits and a $2 billion buyback. Midway through its three-year turnaround plan, the bank remains committed to shifting away from the U.S. and Europe toward higher growth markets in Asia. The region already […]

The collapse of the negotiations is a blow to the government headed by former European Central Bank President Mario Draghi, which needs to reprivatize the bank by April under an agreement struck with European authorities when Rome rescued the Tuscan bank in 2017. UniCredit, headed by mergers and acquisitions banking veteran Andrea Orcel, entered into […]

Procter & Gamble Co. PG 1.08% Corporate giants are using their size and deep pockets to protect themselves from the global supply-chain meltdown. P&G said Tuesday it enlisted backup suppliers, changed shipping routes, reformulated products and in some cases limited how much a retailer can buy at a time. Grocery giant Albertsons ACI 4.44% Cos. […]

Natural-gas prices have shed 16% since hitting a 13-year high earlier this month, reversing some of a run-up that has prompted fears of exorbitant heating bills and higher manufacturing costs at a time of already high prices. A warm start to autumn is behind the decline. With most of the country yet to turn the […]