Breaking News
Jan 30, 2023
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Italian wholesale price indexes rose in December to 31.7%, accelerating for the second month in a row from 29.4% in the previous month. On a monthly basis prices rose 2.9% from 2.6% in November.
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Nissan and Renault agreed to limit and neutralize their cross holdings and voting rights to 15% and Renault will transfer 28.4% stake in a French trust but retain economic rights.
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Whirlpool said fourth quarter net sales declined 15.3% to $4.3 billion and swung to a net loss of $1.6 billion from $300 million and diluted EPS was a loss of $29.35 from a profit of $4.90 a year ago.
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U.S. personal Spending decreased 0.2% in December and personal income rose 0.2% from the previous month. Price consumption index rose 5.0% and the core index increased 4.4% from a year ago.
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American Express said fourth quarter revenue rose 17% to $14.2 billion and net income eased to $1.6 billion from $1.7 billion and diluted EPS fell to $2.07 from $2.18 a year ago.
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Chevron said fourth quarter operating revenue increased 19.5% to $55 billion and net income soared 25.5% to $6.4 billion and diluted earnings per share rose to $3.33 from $2.63 in the previous year.
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Southwest Airlines said revenue in the December quarter increased 22% to $6.2 billion and swung to a net loss of $220 million or 37 cents from a profit of $68 million or 11 cents a share.
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Toyota Motor appointed Lexus President Koji Sato as the next chief executive of the company, after Akio Toyoda decided to step down and assume chairman role.
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Chevron Corp increased quarterly dividend by 6% to $1.51 a share payable on March 10 to shareholders on record February 16, 36th consecutive year of increase in annual dividend payout per share.
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Chevron Corp said its board authorized a new $75 billion stock repurchase program with no expiry date from April 1 after the ending of the $25 billion plan that will be completed at the end of March.
Jan 27, 2023
Jan 26, 2023