West Virginia Online PowerBroker West Virginia Online PowerBroker
HOME SECTIONS SEARCH NEWS FINANCE MY ACCOUNT ABOUT
Tue, October 15 // 9:08PM est. Good Evening! Login New Shopper? Start Here New Business? Start Here
West Virginia Online PowerBroker



Finance

 
Financial News


Pelosi holds off on House vote authorizing impeachment inquiry 'at this time'External Link

House Speaker Nancy Pelosi said Tuesday the House will not hold a vote authorizing an impeachment inquiry into President Donald Trump "at this time." Speaking to reporters on Capitol Hill, Pelosi said there is no requirement to hold such a vote. The White House has criticized the lack of a vote, calling the Democrats' impeachment inquiry illegitimate. Pelosi, a California Democrat, said Republicans can't defend Trump so they are focusing on process.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Tue, 15 Oct 2019 23:30:27 GMT
West Virginia Online PowerBroker
Natera stock falls after hours on secondary-offering announcementExternal Link

Natera Inc. shares fell in the extended session Tuesday after the DNA test company announced a secondary offering of its stock. Natera shares fell 6% after hours, following a 2.7% gain to close the regular session at $39.22. The company said it plans to offer $175 million in shares, with underwriters getting an option for $26.3 million to cover overallotments. J.P. Morgan, Morgan Stanley, Cowen, and Piper Jaffray are among the underwriters. At Tuesday's closing price, about 5.1 million shares will be offered, compared with about 70 million shares currently outstanding.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Tue, 15 Oct 2019 22:10:03 GMT
West Virginia Online PowerBroker
All Kitchen Collection stores will close by the end of 2019External Link

Hamilton Beach Brands Holding Co. announced Tuesday afternoon that it will close all 160 of its Kitchen Collection stores by the end of the year. Hamilton Beach said that it would commence sales at the stores in the next few days that will last into the holiday-selling season before the stores - which employ about 800 workers - shut down by the end of the year. "While operating losses have moderated from the prior year in the first half of 2019, Kitchen Collection continues to experience decreased comparable store sales as a result of declining foot traffic due to the consumer shift to e-commerce sales," Hamilton Beach Chief Executive Gregory Trepp said in an announcement Tuesday afternoon. Hamilton Beach shares have declined 29% so far this year, as the S&P 500 index has gained 18.3%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Tue, 15 Oct 2019 20:56:47 GMT
West Virginia Online PowerBroker
Interactive Brokers Q3 sales beat Wall Street expectationsExternal Link

Shares of Interactive Brokers Group Inc. fell slightly in the extended session Tuesday after the brokerage reported third-quarter sales above Wall Street expectations and its quarterly per-share profit was in line with views. Interactive Brokers said it earned $36 million, or 45 cents a share, in the quarter, compared with $39 million, or 51 cents a share, a year ago. Revenue was $466 million, compared with $439 million a year ago. The company pinned the results in part on a 19% growth in net interest income and a 12% increase in commissions revenue from a year ago. Analysts polled by FactSet had expected earnings of 45 cents a share on sales of $461 million. Shares of Interactive Brokers ended the regular trading day up 0.9%. The company announced last month that it was rolling a "lite" version of its trading platform with free trading for U.S. equities, a move followed by similar announcements from companies such as Fidelity Investments, Charles Schwab Corp. and TD Ameritrade Holding Corp.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Tue, 15 Oct 2019 20:55:30 GMT
West Virginia Online PowerBroker
United Airlines stock higher after company raises guidance, tops profit viewsExternal Link

Shares of United Airlines Holdings Inc. rose 3% in the extended session Tuesday after the airline reported an adjusted third-quarter profit above Wall Street expectations and raised guidance for the year. United said it earned $1 billion, or $3.99 a share, in the quarter, compared with $833 million, or $3.05 a share, in the year-ago quarter. Adjusted for one-time items, United earned $4.07 a share, compared with $3.05 a share a year ago. The company reported operating revenue of $11.38 billion in the quarter, compared with $11.00 billion a year ago. Analysts polled by FactSet expected United to report adjusted earnings of $3.97 a share on sales of $11.42 billion. United raised its full year 2019 adjusted EPS guidance to a range between $11.25 and $12.25. The company is "ahead of pace" to reach its goal of an adjusted EPS between $11 and $13 by the end of 2020, Chief Executive Oscar Munoz said in a statement. Shares of United had ended the regular trading day up 1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Tue, 15 Oct 2019 20:33:42 GMT
West Virginia Online PowerBroker


West Virginia Online PowerBroker
In The Spotlight...
River Expeditions
Experience real adventure in the scenic, historic New River Gorge National Park in West Virginia. Discover amazing rafting, rock climbing, mountain biking, ATV touring, horseback riding and more. Let River Expeditions host your trip for memories that last a lifetime. Our affordable vacation packages include lodging, meals, adventures and attractions. Rafting is a must… something the entire family can enjoy together for years to come.



Site Statistics
Memberships 2736
Business Listings 4154
Home | Sections | Search | News | Finance | My Account | Terms and Conditions | Privacy Policy

© 2019 Citynet. All Rights Reserved.