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Tech leads Wall Street higher as tariff delay sparks rally

6 days ago DieselGasoil Comments Off on Tech leads Wall Street higher as tariff delay sparks rally
NEW YORK (Reuters) – U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally. Tech stocks, headed up by Apple Inc (AAPL.O), led all three major U.S. indexes into the black following the announcement, which calmed fears Read More

‘Toy Story 4’, Barbie star in Mattel’s surprise revenue rise

4 weeks ago DieselGasoil Comments Off on ‘Toy Story 4’, Barbie star in Mattel’s surprise revenue rise
(Reuters) – Mattel Inc (MAT.O) saw a big boost in demand for its action figures after the worldwide success of the latest “Toy Story” movie while a Barbie makeover lifted sales of the iconic doll, helping it report a surprise rise in quarterly revenue. FILE PHOTO: The Mattel company logo is seen at the 114th Read More

Earnings and trade optimism push Wall St. toward record high

4 weeks ago DieselGasoil Comments Off on Earnings and trade optimism push Wall St. toward record high
(Reuters) – The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies and on optimism the United States would resolve its trade conflict with China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan Read More

Wall Street approaches record high on earnings optimism

4 weeks ago DieselGasoil Comments Off on Wall Street approaches record high on earnings optimism
(Reuters) – The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, while a debt ceiling and budget deal between President Donald Trump and Congress also buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

Upbeat earnings from Coca-Cola, United Tech lift Wall Street

4 weeks ago DieselGasoil Comments Off on Upbeat earnings from Coca-Cola, United Tech lift Wall Street
(Reuters) – U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More

Wall St. boosted by upbeat earnings

4 weeks ago DieselGasoil Comments Off on Wall St. boosted by upbeat earnings
(Reuters) – U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More

Toymaker Hasbro profit draws power from ‘Avengers’, ‘Magic’ card game

4 weeks ago DieselGasoil Comments Off on Toymaker Hasbro profit draws power from ‘Avengers’, ‘Magic’ card game
(Reuters) – Hasbro Inc (HAS.O) on Tuesday beat Wall Street estimates for quarterly profit, powered by higher demand for action toys of blockbuster “Avengers: Endgame” and collectible card game Magic: The Gathering, sending its shares to a record high. A Monopoly board game by Hasbro Gaming is seen in this illustration photo August 13, 2017. Read More

Hasbro sales beat on higher demand for ‘Avengers: Endgame’ toys

4 weeks ago DieselGasoil Comments Off on Hasbro sales beat on higher demand for ‘Avengers: Endgame’ toys
A Monopoly board game by Hasbro Gaming is seen in this illustration photo August 13, 2017. REUTERS/Thomas White/Illustration (Reuters) – Toymaker Hasbro Inc (HAS.O) reported a better-than-expected quarterly revenue on Tuesday, helped by higher demand for action toys following the blockbuster success of “Avengers: Endgame” and “Spider-Man: Far From Home”. Net revenue rose 8.9% to Read More