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Recent Posts

  • Tesla misses out on European EV growth as Model Y fails to revive sales
    May 27, 2025
  • Brussels asks European companies to detail US investment plans, sources say
    May 27, 2025
  • RBC downgrades Premier Foods to “sector perform” on valuation grounds
    May 27, 2025
  • December 23, 2024

Store checks suggest Walmart's holiday positioning remains strong: Jefferies

-- Walmart's holiday preparations appear to be in full swing, with Jefferies analysts highlighting the retailer's strong positioning following a recent visit to a...

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  • December 23, 2024

Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion

(Reuters) -Dutch technology investor Prosus (OTC:PROSF) NV said on Monday it would buy Latin America-focused online travel agency Despegar (NYSE:DESP).com Corp for about $1.7...

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  • December 23, 2024

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.84%

– Saudi Arabia stocks were higher after the close on Monday, as gains in the Financial Services, Industrial Investment and Real Estate Development sectors led shares...

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  • December 23, 2024

US House committee targets another investor climate group

By Ross Kerber (Reuters) - The Republican-led U.S. House of Representatives Judiciary Committee is seeking information from some 60 U.S. asset managers about their involvement...

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  • December 23, 2024

Petrofac shares tumble 11% as restructuring sparks shareholder dilution fears

-- Shares of Petrofac (LON:PFC) plunged over 11% on Monday following the announcement of a financial restructuring plan that signals major challenges for the...

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  • December 23, 2024

If Google's remedies are chosen over DoJ's, shares are likely to rally: Barclays

-- Barclays analysts said in a note Monday that Google’s proposed remedies in its antitrust case could lead to a significant upside for Alphabet (NASDAQ:GOOGL)...

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  • December 23, 2024

Xerox, Apple, Qualcomm and Rumble rise premarket

-- US stock futures traded in a mixed fashion Monday, at the start of a holiday-shortened week. Here are some of the biggest premarket US stock movers today: Xerox...

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  • December 23, 2024

Morgan Stanley sees U.S. stock momentum eclipsing breadth

-- Momentum seems to be taking precedence over the traditional indicator of market health, breadth, according to Morgan Stanley (NYSE:MS). This shift emerges as...

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  • December 23, 2024

Factbox-Europe's embattled auto sector plans plant closures and layoffs

(Reuters) -Automotive companies across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a...

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  • December 23, 2024

Goldman Sachs's model recommends overweights in these sectors

-- The S&P 500 declined by 2% this week following a more hawkish-than-expected FOMC meeting. The updated dot plot revealed a median projection of two interest rate...

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