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Mortgage rates, or interest rates on home loans, increased from last week, according to mortgage provider Freddie Mac. Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 3.69 percent for the week ending October 17, 2019,...

rocketstages-oct17.jpg The National Aeronautics and Space Administration or NASA extended its contract with Boeing to build the rocket core stages for its Space Launch System or SLS beyond the first two Artemis missions, and through the next decade. Boeing is the current lead contractor for the core stages of the rockets for the first two missions. The new contract includes the production of ten SLS core stages.

genericdrugs-oct17.jpg The U.S. Food and Drug Administration approved an all-time record total of 1,171 generic drugs in fiscal 2019, breaking its previous record of 971 approvals in fiscal 2018. This year's approvals include 935 full approvals and 236 tentative approvals. A generic drug is a pharmaceutical drug that contains the same chemical substance and performs the same functions as a branded drug.

PG&E Corporation and Pacific Gas and Electric Company reiterated commitment to its plan of reorganization. The Plan will satisfy all wildfire claims in full, and presents a viable path for PG&E to achieve regulatory approval and confirmation of its Plan in advance of the June 30, 2020 statutory deadline,...

livecaption-oct17.jpg Google rolled out its Live Caption feature, which was first introduced at its I/O developer conference in May this year. The technology will automatically caption videos and spoken audio on a device, except for phone and video calls. It is helpful when a user is in a loud commuter train, or wants to follow along the conversation more closely.

Genuine Parts Company (GPC) revised its fiscal 2019 outlook for adjusted earnings per share to $5.60 to $5.68. This is a change from the prior guidance of $5.65 to $5.75. Analysts polled by Thomson Reuters expect the company to report profit per share of $5.69. Analysts' estimates typically exclude special...

While reporting financial results for the third quarter, swimming pool distributor Pool Corp. (POOL) on Thursday raised its earnings guidance for the full-year 2019, based on the results to date and expectations for the remainder of the year For fiscal 2019, the company now projects earnings in a...

BHP (BHP.AX, BLT.L, BBL, BHP) said it is positive about the long-term outlook, despite it remains cautious in the short-term. At the annual general meeting, the chairman of the company Ken MacKenzie, said,"We are confident that our portfolio is well positioned to seize the opportunities that will...

PPG Industries, Inc. (PPG) said the company currently expects 2019 adjusted earnings per share to be in the range of $6.17 to $6.27. Analysts polled by Thomson Reuters expect the company to report profit per share of $6.24. Analysts' estimates typically exclude special items. PPG said its updated...

Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, Inc. (TSN), has decided to prohibit the use of ractopamine in the market hogs it buys from farmers. Ractopamine is a feed ingredient that helps increase the amount of lean meat in hogs. Some countries such as China prohibit the import of...

Philip Morris International Inc. (PM) revised its 2019 reported earnings per share forecast to be at least $4.73 at prevailing exchange rates, compared to the prior forecast of at least $4.94. The earnings guidance was revised due to a tax charge of $0.20 per share in Russia. André Calantzopoulos,...

While reporting financial results for the third quarter, packaging company Sonoco Products Co. (SON) on Thursday lowered its earnings guidance range for the full-year 2019 and provide earnings outlook for the fourth quarter. For fiscal 2019, Sonoco now projects base earnings in a range of $3.50 to...

While reporting financial results for the third quarter, Textron Inc. (TXT) on Thursday narrowed its earnings guidance range for the full-year 2019. For fiscal 2019, the company now projects earnings in a range of $3.70 to $3.80 per share, compared to the previous guidance range of $3.65 to $3.85per...

Dover (DOV) reaffirmed and tightened the company's full year 2019 adjusted earnings per share guidance to $5.82 to $5.85. Analysts polled by Thomson Reuters expect the company to report profit per share of $5.82. Analysts' estimates typically exclude special items. For the third-quarter, adjusted...

While reporting financial results for the third quarter, technology company Honeywell international Inc. (HON) on Thursday raised its adjusted earnings guidance for the full-year 2019, while narrowing the annual sales outlook range. For fiscal 2019, the company raised its earnings outlook to a range...

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