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Uncertainty Surrounds Profit Margins of Kimberly-Clark Inc.

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  • Post last modified:December 15, 2023

Kimberly-Clark Inc.'s stock experienced a 1.5% decline on Friday following BofA Securities' downgrade of the stock from neutral to underperform. This downgrade was primarily due to concerns over the company's…

Animal Spirits Return Amidst Dovish Fed Update

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  • Post last modified:December 14, 2023

The recent dovish policy update from the Federal Reserve has sparked a resurgence of "animal spirits" in the financial markets. This term refers to the range of human emotions that…

Natural-Gas Inventories Expected to Fall Below Average

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  • Post last modified:December 14, 2023

Last week, natural-gas inventories were expected to decrease by a smaller amount than usual for this time of year, due to milder temperatures across the United States. According to a…

Norway’s Central Bank Raises Key Policy Rate

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  • Post last modified:December 14, 2023

Norway's central bank surprised the markets on Thursday by announcing a 25 basis points hike in its key policy rate. The move aims to prevent prolonged high inflation levels and…

Etsy Inc. Announces Staff Layoffs, Shares Fall

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  • Post last modified:December 13, 2023

A Shift in Strategy for the E-Commerce Giant Etsy Inc. experienced a significant drop in its shares on Wednesday, with a decline of over 7%, placing the company among the…

Moderna Announces Company Reorganization

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  • Post last modified:December 12, 2023

Moderna Inc. has recently revealed a strategic reorganization aimed at enhancing focus on two key initiatives: driving sales for its COVID vaccine, Spikevax, and preparing for the anticipated launch of…

Pfizer Set to Finalize $43 Billion Acquisition of Seagen

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  • Post last modified:December 12, 2023

Pfizer, the renowned New York drugmaker, has successfully obtained all necessary regulatory approvals for its groundbreaking $43 billion acquisition of the biotech cancer specialist, Seagen. The company is now poised…

Germany’s Economic Outlook Improves Unexpectedly

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  • Post last modified:December 12, 2023

Germany's economic outlook received an unexpected boost in December, thanks to growing confidence that the European Central Bank (ECB) may soon cut interest rates as inflation continues to drop. According…