The numbers: The productivity of American workers rose by a revised 0.8% annual rate in the third quarter, but the increase was still historically weak and does not bode well Read more
Tag: weak
Honda Motor earnings fall short, but lifts annual forecasts thanks to weak yen
Honda Motor Co. said Wednesday that its second-quarter net profit rose 14%, thanks to stronger earnings from its motorcycle business. The Japanese auto maker 7267, -0.70% HMC, +0.85% said net Read more
Dow rises around 300 points as investors shake off weak tech earnings, assess pace of Fed rate hikes
U.S. stocks were mostly higher Wednesday as investors shook off disappointing results from tech behemoths Microsoft and Alphabet, while the Bank of Canada delivered a smaller-than-expected rate hike. How are Read more
Texas Instruments focuses on long-term chip capacity buildout, while weak short-term outlook weighs on stock
Texas Instruments Inc. shares dropped in the extended session Tuesday after executives of the analog-chip maker focused on the company’s long-term capacity buildout, while forecasting declining earnings and sales for the Read more
Philadelphia Fed’s manufacturing gauge remains weak in October
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 8.7 in October from negative 9.9 in the prior month. Any reading below Read more
Philadelphia Fed’s manufacturing gauge remains weak in October
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 8.7 in October from negative 9.9 in the prior month. Any reading below Read more
Oil prices tick lower after weak China data sparks demand fears
Oil futures traded lower Monday following their strongest weekly gains since March, losing ground after China data raised worries about demand from the world’s largest crude importer. Price action West Read more
‘The figures were weak’: Construction spending falls in August, more than Wall Street analysts’ expectations
Outlays for construction projects fell 0.7% in August to $1.78 trillion, the Commerce Department reported Thursday. Wall Street was expecting a drop of 0.2%. Spending in July fell a revised Read more
Onewo Inc. makes weak public debut in Hong Kong
Shares of Onewo Inc. opened lower on debut in Hong Kong, failing to give an initial pop, as investor sentiment remained cautious in an uncertain market. The property services provider’s Read more
Companies are trying to blame weak earnings on the strong U.S. dollar, but that’s a lame excuse
Many corporations would have you believe that the strong U.S. dollar is why earnings targets likely will be missed. Yeah, and the dog ate my homework. The reason I’m skeptical Read more