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Google Business NewsSep 28, 2022
Biden approves an additional $1.1 billion in security assistance for Ukraine - CNBC
Biden approves an additional $1.1 billion in security assistance for Ukraine  CNBCUS poised to provide $1.1 billion more in aid to Ukraine  The Associated Press - en EspañolWhite House requests Ukraine nuclear security funding to expand assistance due to nuclear power plant concerns  CNNBiden Administration Approves $1.1 Billion More in Military Aid to Ukraine  The Daily BeastNew $1.1 bln U.S. arms package for Ukraine in process -U.S. officials  Reuters.com

Google Business NewsSep 28, 2022
Biden approves $1.1 billion more in military aid to Ukraine; Russia denies Nord Stream sabotage allegations - CNBC
Biden approves $1.1 billion more in military aid to Ukraine; Russia denies Nord Stream sabotage allegations  CNBCEurope investigates 'attacks' on Russian gas pipelines  ReutersGerman lawmakers point finger at Russia over Nord Stream sabotage  Business InsiderTUCKER CARLSON: What really happened to the Nord Stream pipeline?  Fox NewsNord Stream Leaks Appear to Be Putin Sabotage  BloombergView Full Coverage on Google News

MarketWatch MarketPulseSep 28, 2022
Thor Industries stock jumps after big profit beat, amid strength in motorized RV sales
Shares of Thor Industries Inc. shot up 4.6% in premarket trading Wednesday, after the recreational vehicle maker reported a big profit beat for the fiscal fourth-quarter, as sales rose above forecasts and margins improved. Net income for the quarter to July 31 climbed to $280.9 million, or $5.15 a share, from $230.3 million, or $4.12 a share, in the year-ago period. That FactSet consensus for earnings per share was $3.81. Sales grew 6.4% to $3.82 billion, above the FactSet consensus of $3.69 billion. North America towable sales increased 3.8% to $1.80 billion and North America motorized RV sales rose 24.5% to $1.02 billion, while Europe RV sales dropped 16.8% to $809.7 million. Gross profit margin improved by 0.90 percentage points to 17.5%. For fiscal 2023, the company said there remains "a level of uncertainty" with respect to economic growth and consumer demand. Thor said it will provide full-year guidance in conjunction with first-quarter results. The stock, which closed Monday at the lowest price since April 2020, has tumbled 30.9% year to date through Tuesday while the S&P 500 has shed 23.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchSep 28, 2022
Market Extra: ‘We are in deep trouble': Billionaire investor Druckenmiller believes Fed's monetary tightening will push the economy into recession in 2023
Billionaire investor Stanley Druckenmiller sees a "hard landing" by the end of 2023 as the Federal Reserve's aggressive monetary tightening will tip the U.S. economy into recession.

NPR Topics: BusinessSep 27, 2022
Federal money is now headed to states for building up fast EV chargers on highways
All fifty states, D.C. and Puerto Rico have received the go-ahead to start spending federal dollars on new chargers. The long-term plan is to spend $5 billion improving charging infrastructure.

MarketWatchSep 27, 2022
: Big banks to pay nearly $2 billion for ‘widespread and longstanding failures' in keeping text-message records
Nearly a dozen financial institutions agreed to pay more than $1.8 billion collectively for failing to properly collect employees' text messages for their records, the Securities and Exchange Commission and Commodity Futures Trading Commission announced Tuesday.
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