Gracemont Gazette

Business Watch
Equities Stage End-of-Week Recovery

2 months ago 0 comments

Equities in the US firmed in early trading on Friday as information technology stocks buoyed the Nasdaq Composite and led the sectors on the Standard & Poor’s 500 and General Electric (GE) staged a recovery of a sharp selloff a day ago. Markets have had a choppy week amid growing […]
Business Watch
Business Inflation Expectations Edge Higher

2 months ago 0 comments

Business inflation expectations ticked slightly higher in this month’s print from the Federal Reserve Bank of Atlanta, while just over half of respondents said they expect tariffs to lead to further price increases. The expectations for price growth came in at 2% for August from 1.9% in July, the Atlanta […]
Business Watch
Monster Beverage Pushes Global Expansion Further

2 months ago 0 comments

Energy drinks maker Monster Beverage (MNST) unveiled plans to further grow its global footprint and introduce new products after higher earnings and sales in the second quarter failed to meet the market’s expectations. Net sales at the Corona, California-based company jumped by 8.7% to $1.10 billion during the three months […]
Stock News
HSBC First-Half Earnings Advance

2 months ago 0 comments

HSBC (HSBC) unveiled plans to initiate a share buy-back of up to $1 billion and a change in its executive leadership as it reported growth in fiscal first-half earnings on Monday amid reports that the bank will slash thousands of jobs. Chief executive John Flint has stepped down from his […]