Archive for Tag: stock market news

Chevron

Chevron profit drops on weaker refining margins, storm hit

Chevron Corp (NYSE:CVX)’s UP 1.51% AT 83.88 Chevron Corp (NYSE:CVX)’sfirst-quarter profit fell 29% compared with the same period a year ago as gains from oil and gas prices were undercut by weaker refining margins, production losses and the impact of an asset sale that benefited results last year. Oil...

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Sanofi

Eczema treatment and vaccines lift Sanofi first quarter results

Sanofi (NASDAQ:SNY) UP 1.51% AT 83.88 Sanofi (NASDAQ:SNY)confirmed its 2021 targets after it posted stronger-than-expected first quarter results as sales of its star eczema treatment as well as flu and polio vaccines helped offset a dip in cough and cold treatments dented by lockdowns. The French drug maker, which...

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Bank of America profit more than doubles on reserve release boost

Bank of America (NYSE:BAC) UP 1.42% AT 39.88 Bank of America Corp’s profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to cover potential coronavirus loan losses. The second-largest U.S. bank by assets unlocked $2.7 billion from...

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What Is Stock Market?

WHAT IS A STOCK MARKET?

INTRODUCTION The stock exchange refers to the gathering of markets and exchanges where regular activities of shopping for , selling, and issuance of shares of publicly-held companies happen . Such financial activities are conducted through institutionalized formal exchanges or over-the-counter (OTC) marketplaces which operate under an outlined set of...

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