UBS Group AG (UBS) and Credicorp Ltd. (BAP) kicked off the trading day with impressive gains of 4.7% and 4.0% respectively. Other companies also experienced positive movement, with Wayfair Inc.…
Allianz, Europe's largest insurer, announced its earnings results for the second quarter on Thursday, showcasing impressive growth in profits. Here are the key highlights from the report. Net Profit Surges…
They say the stock market doesn't peak until the last bear turns bullish. Bull markets "die on euphoria," as the late Sir John Templeton used to say. The Contrarian Approach…
Cetera Financial Group has successfully finalized its acquisition of Securian Financial's retail wealth management business, demonstrating its continued growth and commitment to providing exceptional services to its clients. Notably, Cetera…
Housing costs continue to contribute significantly to inflation, even as rent growth moderates. According to the Bureau of Labor Statistics, shelter inflation accounted for 90% of the consumer price index's…
Shares in Wienerberger experienced a sharp decline on Thursday following the company's revision of its projections for its end markets in Europe. It seems that demand in these markets is…
By Mauro Orru Zurich Insurance Group has reported a net profit below analysts' expectations for the first half of the year. The Swiss insurer disclosed that its net profit increased…
Target Corp. announced on Wednesday its plans to roll out the highly successful "Drive Up with Starbucks" service across the entire country. This expansion comes after a year-long pilot program…
Shares of Plug Power Inc. experienced a decline during Wednesday's extended trading session following the announcement of higher losses than what was anticipated by Wall Street for the second quarter.…
China's largest property developer, Country Garden, has defaulted on interest payments on its dollar-denominated debt, with a face value of $1 billion. This default has sparked concerns about China's highly…
By Adriano Marchese Metro reported a substantial increase in profit and revenue during its third fiscal quarter, surpassing analyst expectations. However, the company is currently facing a strike by its…
German diagnostics systems developer, Stratec, reported lower earnings for the second quarter of the year. The decrease in profits was attributed to higher costs. However, the company remains optimistic about…