Elevance Health reported a first quarter profit of $2.2 billion as commercial health insurance and healthcare services offset a big decrease in Medicaid enrollment.
ASML on Monday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.
Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer vacation season, with travelers seemingly unfazed by recent incidents in the industry that ranged from a panel blowing off a jetliner in flight to a tire falling off another plane during takeoff. Delta []
The median price of an existing home sold in March was $393,500, up 4.8% from the year before.
Rate hikes by the U.S. Federal Reserve have compelled companies like Schwab to increase the interest they pay on deposits - a crucial source of capital that is used to invest in interest-earning assets and give out loans. Schwab has also taken on debt to bolster its funding, which hit interest revenue further. The interest rate on its borrowings from the Federal Home Loan Bank was 5.27%, compared with 5.05% a year ago.
The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.
British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.
For the first time since 2015, the Iowa softball team traveled to Ann Arbor, Michigan, and faced a strong Wolverine squad that ranks third in the Big Ten. Iowa led in all three games at one point by at least two or more runs but lost each contest by margins of 8-6, 9-8, and 6-5,
(Reuters) -Citigroup's profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund. Citi said in its investor presentation that it expects a headcount reduction of 7,000 and $1.5 billion in annualized savings from reorganization. Fraser began a sweeping reorganization in September to simplify the bank and improve performance.
New data on property sales revealed a post-Brexit fall in the number of Brits buying second homes in France - but estate agents say that UK buyers are still a big force, but now they're more likely to move to France than buy a holiday home here.
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Take-Two Interactive Software Inc., the company behind the Grand Theft Auto