Jabil Inc. (NYSE: JBL) expands its commitment to sustainability by acquiring Retronix, a provider in the reclamation and refurbishment of electronic components.
Tyson Foods Inc. (NYSE: TSN) has initiated a recall of approximately 29,819 pounds of its novelty chicken products due to concerns over potential contamination.
On Friday, November 3rd, the U.S. stock markets closed higher on falling bond yields amid slowing job growth and rising unemployment, signaling a potential pause in the Fed's rate hikes.
In economic data, U.S. job growth slowed with 150,000 new positions in October, falling short of the expected 180,000, while unemployment edged up to 3.9% and wage growth modestly increased.
Fluor Corp (NYSE: FLR) reported a third-quarter (Q3) 2023 revenue growth of 9.7% year-over-year to $3.96 billion, beating the consensus of $3.89 billion.
On Thursday, November 2nd, U.S. stock markets closed higher amid optimism that the Fed's rate hikes have peaked and positive quarterly reports boosted sentiment.
U.S. weekly jobless claims rose slightly to 217,000, exceeding predictions of 210,000, while nonfarm business labor costs dropped by 0.8% in Q3 after a 3.2% previous quarter increase.
Huntington Ingalls Industries Inc (NYSE: HII) reported a third-quarter FY23 sales and service revenue increase of 7.2% year-over-year to $2.82 billion,