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Wall Street’s three major indexes managed to close Tuesday’s choppy session higher, marking quarterly and monthly gains, even as investors braced for a U.S. government shutdown, which would delay key economic reports and muddy the Federal Reserve‘s interest rate policy outlook. With investors having bet for some time on a spate of further Fed rate…
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Zydus Lifesciences shares jump 6% on buyback buzz; co announces $166 mn Assertio acquisition
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Kinder Morgan misses estimates, lowers annual profit forecast on weak prices By Reuters
By Sourasis Bose (Reuters) -Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday and lowered its annual forecast as the U.S. pipeline operator contends with weaker commodity prices and lower crude volumes. Shares of the company, whose pipelines move about 40% of total U.S. production, fell 2.6% in extended trade. “For…
