The chemical maker posted a 49% jump in Q3 EPS to 70 cents, trouncing estimates for 51 cents after it raised prices on polyurethane used in foam insulation. Revenue fell 8% to $2.74 bil, missing Wall Street's target of $2.9 bil. Over the past two quarters, the company's polyurethane business has helped offset weak sales in its paint pigment division. Huntsman's (HUN) shares rose 4.3% to 16.19.
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Finance expert Suze Orman has voiced concerns about the impact of climate change on property insurance costs, asserting it could threaten the American dream of homeownership. Orman, 72, faced a $28,000 annual insurance quote for her Florida oceanside condo, leading her to forego coverage entirely. She highlights a troubling trend where soaring insurance costs driven by frequent and severe weather events may deter Americans from buying homes. Don't Miss: For many first-time buyers, a house is abo
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
The energy sector is going through a big transition, but these two industry giants are trying to change along with it.
The company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions.
(Bloomberg) -- Seven property insurers in Florida went bankrupt in 2021 and 2022. The bankruptcies left thousands of homeowners scrambling to get new coverage, which often came with a big increase in cost. Worse, many had outstanding claims for hurricane damage that had not been addressed.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White Ho
CEO Larry Ellison said the relocation will help the company better integrate with the healthcare industry.
Several fired Google employees spoke at a press conference Monday about their experiences.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.