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Mortgage rates, or interest rates on home loans, continues to increase, according to mortgage provider Freddie Mac (FMCC.OB). Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 3.09 percent for the week ending October...

Cosmetics and beauty products giant L'Oreal Co. (LRLCY.PK), Thursday reported that its third-quarter sales were 7.996 billion euros, up 13.6% from 7.036 billion euros last year. On a Like-for-like basis, sales were up 13.1%. Professional products revenues gained 9.7% to 945.6 million euros, while...

Vivendi SA (VIV.L, VIVEF.PK) reported that its revenues for third quarter of 2021 rose 14.1 percent to 2.476 billion euros from 2.170 billion euros last year. Revenues were up 14.4% at constant currency. For the third quarter, Canal+ Group's revenues grew 6.3% to 1.467 billion euros, while Havas...

Loews Corporation (L) said Andrew Tisch will retire from the Office of the President at the end of the calendar year. He will continue to serve on the board as Co-Chairman and Chairman of the Executive Committee. "At the end of this December, I will relinquish my executive responsibilities and step...

Uniper SE said it expects adjusted EBIT for the first nine months of 2021 to be approximately 600 million euros, compared to 405 million euros, prior year. The company said the increase in earnings reflects mainly a higher contribution from the gas mid-stream business within the Global Commodities Segment....

Olin Corp. (OLN) said it plans to permanently shut down the remaining diaphragm-grade chlor alkali capacity at the company's McIntosh, Alabama facility. The closure is anticipated to be completed by the end of third quarter 2022. "When this shut down is complete, Olin will have rationalized approximately...

Agilent Technologies Inc. (A) has received CE-IVD mark approval for the PD-L1 IHC 28-8 pharmDx to guide options for the first-line treatment of adult patients with HER2-negative advanced or metastatic gastric, gastroesophageal junction, or esophageal cancers. When used in conjunction with the PD-L1...

While reporting financial results for the third quarter on Thursday, Genuine Parts Co. (GPC) raised its earnings, adjusted earnings and total net sales growth guidance for the full-year 2021. For fiscal 2021, the company now projects earnings in a range of $5.92 to $5.97 per share and adjusted earnings...

Ally Financial Inc. (ALLY), a bank holding company, reported Thursday that third-quarter net income attributable to shareholders increased to $683 million or $1.89 per share from $476 million or $1.26 per share in the year-ago quarter. Excluding items, adjusted earnings for the quarter were $2.16...

Crocs Inc. (CROX) said that it raised its fiscal year 2021 revenue and operating margin guidance. For fiscal year 2021, the company expects non-GAAP operating margin of about 28%. It now projects revenue growth to be between 62% and 65% compared to 2020 revenues of $1.39 billion. Previously, it expected...

Webster Financial Corporation (WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, said it delivered strong financial performance for the quarter ended September 30, 2021 as evidenced by linked quarter loan growth of 2.7%, excluding PPP, and deposit growth of 4.1%. Also, the company...

While announcing third-quarter results on Thursday, Advertising company Interpublic Group Of Companies Inc. (IPG) said it has upgraded fiscal 2021 expectation, based on continued progress on public health and sustained macro recovery. For the year, the company now sees organic growth of approximately...

Rural lifestyle retailer Tractor Supply Co. (TSCO) on Thursday reported that net income for the third quarter increased to $224.4 million or $1.95 per share from $190.6 million or $1.62 per share in the prior-year quarter. Net sales for the quarter grew 15.8 percent to $3.02 billion from $2.61 billion...

AutoNation, Inc. (AN), an automotive retailer, announced Thursday agreement to acquire Priority 1 Automotive Group, representing approximately $420 million in annual revenue. The transaction is subject to customary terms and conditions, including manufacturer approval. The deal is expected to close...

Pool Corp. (POOL) on Thursday reported that net income for the third quarter surged 55 percent to $184.67 million or $4.54 per share from $119.10 million or $2.92 per share in the prior-year quarter. Excluding the impact from ASU 2016-09 in both periods, adjusted earnings for the quarter were $4.44...

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