Profit in the second quarter
US consumer products maker Colgate-Palmolive Co (NYSE:CL). net income rose 10.7% to $703 million in the second quarter of 2021 from $635 million in the same period a year earlier. Earnings per share rose 12% to $0.83 fro...
Robinhood shares
One of the most anticipated IPOs of 2021 for Robinhood, a popular trading app, was followed by an 8.4 per cent drop in shares at the close of trading on Thursday.
Shares i...
Shopping after COVID-19
Kimco Realty's (KR) visitor levels are back to the original pre-pandemic levels CEO Conor Flynn said on this Thursday.
"Traffic is back to what it was in 2019 and a...
E-sales slowdown
Amazon's second-quarter earnings came in below analysts' estimates; the company's third-quarter forecast also disappointed Wall Street. E-sales growth slowed, not even the Prime Day sell-off helped.
The world's largest e-retailer A...
Strong revenue growth
Visa and Mastercard posted stronger-than-expected quarterly results than Wall Street had anticipated, driven by growth in consumer spending on entertainment and tourism.
Visa (V) and Mastercard (MA) shares rose after post...
State of the stock market on Thursday
Facebook (NASDAQ:FB) shares fell 3.1% on the New York Stock Exchange premarket on Thursday after the social media giant warned of a significant slowdown in revenue growth in the current third quarter and next.
...
Vaccine certification
British-Swedish pharmaceutical company AstraZeneca will continue to push for certification of its vaccine by the US Food and Drug Administration (FDA). The company's chief executive, Pascal Soriot,...
Facebook's earnings
Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
Strengthening the US economy
At the end of the meeting, the Fed reassured financial markets by stating its commitment to maintaining current policy and zero rates until substantial progress on inflation and employment. The Fed do...
Working remotely again
Twitter, which owns the social networking site of the same name, has temporarily closed two offices in the US after two weeks of abandoning remote working. A company spokesperson said in a statement on Wednesday.
"Twitter has...
Boeing's profits
Boeing reported profits and revenue growth of 44% in the second quarter as airlines resumed orders for the company's commercial jets. Analysts suggest Boeing is starting to emerge from a deep crisis.
Shares in Boeing (BA)...
Google's report
Global digital advertising giant Google has posted a strong quarter, with results beating Wall Street expectations. Revenues at Google Cloud rose 54.3%. Shares were up 3.8% before the opening bell.
Shar...
Home prices records
House prices continue to rise as strong demand is stronger than weak supply.
In America house prices were 16.6% higher than in May last year. This is believed to be the biggest result in the last 30 years of the&n...
Revenue growth and forecasts
Microsoft reported stronger fourth fiscal quarter results than Wall Street expected on Tuesday. Component shortages for Xbox and Surface were offset by strong sales of Azure, software products and dig...
Apple report
Apple's financial report showed strong growth compared to last year's difficult year, beating forecasts and reporting a 50% increase in iPhone sales. However, this growth rate will not continue due to chip shortages.
Apple (AAPL) repor...
E-commerce tech
Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business.
As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
Trading on NASDAQ
Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
The rise of fraud
According to the Federal Trade Commission, losses to victims of fraud related to the Covid virus have risen above $500 million, as scammers defraud people using a variety of deception schemes ranging from online shopping, travel, e...
Ahead of reports
Stock futures declined in early morning trading on Tuesday on the back of upcoming quarterly earnings reports from several technology companies.
Dow Jones futures were down 205 points, S&P 500 and Nasdaq 100 futures also traded...
Company profits and chip shortages
Tesla expectedly beat Wall Street estimates for second-quarter earnings and revenue. However, due to battery material shortages and a shortage of chips, Tesla will not b...
Companies rating
17 Mention
14 Mention
10 Mention
9 Mention
8 Mention
8 Mention
8 Mention
7 Mention
7 Mention
7 Mention
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
