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SK Hynix third-quarter profit at record high on firm chip demand

SEOUL (Reuters) – SK Hynix Inc , the world’s second-biggest memory chip maker, reported record quarterly profit for the July-September … Continue reading → The post SK Hynix third-quarter profit at...

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Berkshire third-quarter profit drops on investments, operating results gain

By Luciana Lopez and Jonathan Stempel NEW YORK (Reuters) – Warren Buffett's Berkshire Hathaway Inc said on Friday third-quarter profit … Continue reading → The post Berkshire third-quarter profit drops...

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Global concerns may shrink Wall Street’s third-quarter estimates

Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push third-quarter revenue … Continue reading → The post Global concerns may shrink Wall...

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Inventories hurt U.S. third-quarter GDP, domestic demand strong

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth braked sharply in the third quarter as businesses cut back on … Continue reading → The post Inventories hurt U.S. third-quarter GDP,...

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U.S. third-quarter GDP growth revised up to 2.1 percent

WASHINGTON, Nov 24 (Reuters) – – The U.S. economy grew at a healthier clip in the third quarter than initially … Continue reading → The post U.S. third-quarter GDP growth revised up to 2.1 percent...

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Consumer, business spending support U.S. third-quarter growth

The U.S. economy grew at a fairly healthy clip in the third quarter as strong consumer and business spending offset … Continue reading → The post Consumer, business spending support U.S. third-quarter...

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U.S. consumer spending ends third-quarter with strong momentum

U.S. consumer spending rose more than expected in September as households boosted purchases of motor vehicles and inflation increased steadily, … Continue reading → The post U.S. consumer spending ends...

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Consumers, exports give U.S. economy muscle in the third-quarter

The U.S. economy grew faster than initially thought in the third quarter, notching its best performance in two years, buoyed … Continue reading → The post Consumers, exports give U.S. economy muscle in...

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This Week: GM results, new home sales, third-quarter GDP

A look at some of the key business events and economic indicators upcoming this week: SPOTLIGHT ON GM Wall street … Continue reading → The post This Week: GM results, new home sales, third-quarter GDP...

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Inventory, trade deficit lifts economy to third-quarter growth

WASHINGTON – The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in … Continue reading → The post Inventory, trade deficit lifts economy to third-quarter...

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