U.S. stocks rallied Friday, and the indices closed on fresh highs. Stocks in the financial sector rose with the central bank’s decision to allow banks to resume buybacks and raise dividends starting June-end. The vaccines’ rollout buoyed markets further. The US stock index futures opened lower today as global banks faced potential losses from a hedge fund’s default on margin calls.
Conagra Brands Inc. (NYSE: CAG) reported strong results for the third quarter of 2021 which surpassed expectations. Net sales increased 8.5% to $2.8 billion helped by the increase in at-home
Shares of Carnival Corp. (NYSE: CCL) were down over 2% on Thursday. The company reported first quarter 2021 earnings results a day ago which missed expectations. Despite seeing a drastic
Widespread flight cancellations and restrictions on the hotel industry during the pandemic have had a ripple effect on credit card companies and payment service providers. After going through a rough