Learning archive

  • September 12, 2024

U.S. Bancorp’s Lagging Stock Puts Onus on Investor Day

(Bloomberg) -- As U.S. Bancorp holds its first Investor Day in five years on Thursday, investors will be listening for clues about how one of the biggest US lenders can turn its lackluster stock around.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops

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  • September 12, 2024

Chemicals maker Dow lowers Q3 revenue forecast on unplanned event in Texas plant

U.S. chemicals maker Dow lowered its third-quarter revenue forecast on Thursday due to an unplanned event at one of its plants in Texas. The company's CEO, Jim Fitterling, said a significant unplanned event occurred in July at one of its ethylene crackers in the Texas plant. Dow is also experiencing higher input costs and margin compression in Europe, he added.

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  • September 12, 2024

Trump Tariff Threat Bodes Badly for Stocks, Lazard Strategist Says

(Bloomberg) -- Donald Trump’s plans to impose sweeping tariffs on foreign-produced goods are likely to reignite the risk of high inflation and low US economic growth, posing a threat to stocks, according to a Lazard strategist.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Hal

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  • September 12, 2024

One of Europe's Most Important Tech Stocks Is Finally Winning Over US Investors

(Bloomberg) -- Germany’s SAP SE has long been one of Europe’s most important tech stocks. But it’s now winning more US investor interest — and shaking off a long history of trading at a discount to peers.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit To

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  • September 12, 2024

Short Sellers Ditch European Real Estate Stocks as Cycle Bottoms

(Bloomberg) -- Short sellers are closing more bearish bets on European property companies because of expectations falling interest rates will support stock valuations. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025Short inte

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