Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR as the investment bank lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its […]
Economists polled by Reuters had forecast claims slipping to 212,000 in the latest week. The Labor Department said claims for South and North Carolina continued to be affected by Hurricane Florence, which drenched the region […]
Textron reported a lower-than-expected quarterly profit on Thursday, hit by a drop in sales of its turboprop aircraft as well as flat deliveries of its flagship Cessna business jets, sending shares down 10 percent. Textron […]
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