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Recent Posts

  • Schibsted Marketplaces sells Prisjakt to eEquity for SEK 500m
    May 6, 2025
  • Zalando beats first-quarter sales forecast despite ’cautious’ consumers
    May 6, 2025
  • Analysis-’Asian crisis in reverse’ as currencies soar on the dollar
    May 6, 2025
  • December 3, 2024

US-Europe equity positioning gap widens with bias towards Wall St, Citi says

-- Investor positioning in U.S. equities remained largely bullish as a rally on Wall Street showed little signs of stopping, while positioning on European stocks...

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  • December 3, 2024

US sanctions 35 entities tied to Iranian oil trade

The United States government announced today that it has imposed sanctions on 35 entities and vessels involved in the illicit transport of Iranian petroleum. This move aims to...

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  • December 3, 2024

Turkey stocks higher at close of trade; BIST 100 up 1.51%

– Turkey stocks were higher after the close on Tuesday, as gains in the Real Estate Investments, Banking and Financials sectors led shares higher. At the close in...

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  • December 3, 2024

Carlsberg exits Russia, sells Baltika Breweries to VG Invest

Carlsberg (CSE:CARLb) announced the finalization of its departure from the Russian market by reaching an agreement to sell its shares in Baltika Breweries. The sale to VG Invest, a...

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  • December 3, 2024

Eli Lilly, Coupang among Tuesday's market cap stock movers

Tuesday's market has seen notable fluctuations among various stocks, with movements predominantly driven by corporate news and market sentiment. Mega-cap stocks such as Eli Lilly...

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  • December 3, 2024

DOGE to look into government loans to Stellantis JV and Rivian, Ramaswamy says

-- The recently formed Department of Government Efficiency will scrutinize multi billion-dollar loans to a Stellantis joint venture and Rivian from the government,...

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  • December 3, 2024

NewStreet upgrades AT&T to Buy after guidance update

-- NewStreet Research has lifted its AT&T (NYSE:T) stock rating to Buy, citing newly updated stronger-than-expected guidance, robust share repurchase plans, and a...

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  • December 3, 2024

Constellation Brands sells Svedka Vodka to Sazerac

Constellation Brands (NYSE:STZ) announced the divestiture of its Svedka vodka brand to Sazerac, a leading global spirits company. The transaction is anticipated to be finalized in...

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  • December 3, 2024

Intel's ousted CEO Pat Gelsinger to receive $12 million severance

Pat Gelsinger, the former CEO of Intel (NASDAQ:INTC), is set to receive a severance package worth approximately $12 million, following his departure from the semiconductor giant....

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  • December 3, 2024

Skechers shares surge on upbeat holiday sales commentary

Shares of Skechers USA (NYSE:SKX) rose as much as 6.2% in intraday trading, marking the largest rise since September 26. The boost in stock value came after the company's Chief...

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