Northern Trust Corp. turned a profit in the third-quarter, but the company failed to beat analysts’ expectations, according to results released Wednesday.
U.S. stock futures point to a second straight day of declines, as a wave of earnings roll in and with an assessment of the economy from the Federal Reserve to come. See Indications.
Investors bid shares of Yahoo higher ahead of the opening bell, playing off third-quarter financial results showing that the Internet company’s profit more than tripled from the year-ago period.
French carmaker PSA Peugeot Citroen S.A. said Wednesday its third-quarter revenue fell 7.7%, as scrappage incentives in Europe stimulated demand but led to increasing sales of lower-margin cars.
The U.S. dollar tumbles versus the British pound but holds steady versus the euro and gains ground on the Japanese yen ahead of the release of the Federal Reserve's closely watched summary of anecdotal reports on the U.S. economy.
U.S. stock futures on Wednesday pointed to a second straight day of declines, as a wave of earnings rolled in with an assessment of the economy from the Federal Reserve to come.