(Reuters) - A Norfolk Southern (NYSE:NSC) train derailed on Saturday, spilling diesel fuel and polypropylene plastic pellets into the Lehigh River in eastern Pennsylvania, police said. There were no reports of injuries to the crew on the train or evacuations or a hazardous material threat to the community, the Lower Saucon Township Police Department said...
JELD-WEN (NYSE:JELD) Holding, Inc. (NYSE: JELD), a global leader in designing, manufacturing, and distributing building products, reported a stronger-than-expected profit for the fourth quarter, despite a decline in revenue. The company announced adjusted earnings per share (EPS) of $0.37, surpassing the analyst consensus of $0.27. However, revenue for the quarter slightly missed expectations, coming in...
Donald Trump introduced limited edition Bitcoin-themed sneakers following his speech at the Bitcoin 2024 conference. According to a social media post by former President Trump, the sneakers are available in limited quantities, each pair numbered, and can be purchased using Bitcoin or other cryptocurrencies. $299 Bitcoin Sneakers Accept Crypto Payments These limited-edition sneakers, with only...
RPM International, Inc. (RPM) reported Thursday that net income attributable to RPM for the fourth quarter grew to $180.61 million or $1.40 per share from $151.36 million or $1.18 per share in the prior-year quarter. Excluding special items, adjusted earnings for the quarter was $1.56 per share, compared to $1.36 per share in the year-ago...
French stocks rebounded on Tuesday after suffering heavy losses in the previous session following President Emmanuel Macron\'s decision to call a snap national election in response to the recent surge of far-right success in the European Union elections. The benchmark CAC 40 was up 14 points, or 0.2 percent, at 7,908 after losing 1.4 percent...
JPMorgan CEO Jamie Dimon warned his fellow shareholders of increased U.S. inflation due to “a growing need for increased spending” in his annual shareholder letter published on Monday. Covering everything from AI to policy making, Dimon’s letter lauded the U.S. economy for being “resilient” despite an “unsettling landscape,” particularly in the face of growing inflation...
Major Wall Street whales, including Goldman Sachs, BNY Mellon, and Cboe Global Markets, have successfully concluded a large-scale pilot test utilizing blockchain technology on the Canton Network. The series of pilot tests successfully concluded on the Canton Network makes it one of the largest-scale experiments utilizing blockchain technology in capital markets. Wall Street Whales Successfully...
The manufacturing sector in the Philippines continued to expand in June, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.3. That\'s down from 51.9 in May, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. While the latest...
The UK construction sector remained in the growth territory for the fourth straight month in June but the pace of expansion softened amid a renewed fall in housing activity, survey data from S&P Global showed on Thursday. The headline construction Purchasing Managers\' Index posted 52.2 in June, down from 54.7 in May. A reading above...
Grayscale, a prominent digital asset management firm, has unveiled plans to launch a “dynamic income fund” dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors. Grayscale Launches GDIF, an Actively Managed Fund for Accredited Investors Grayscale Dynamic Income Fund $GDIF is our first actively managed investment product. It seeks to optimize income in...