Apple’s Fall Product Event Set for Sept. 12
Apple Inc. has announced that its highly anticipated fall product event will take place on Sept. 12. The event is expected to showcase the company's latest lineup of smartphones. Once…
United States Steel’s Strategic Review Update
Investors eagerly await the outcome of United States Steel's strategic review. Although details are limited, it is clear that something significant is on the horizon. In a recent letter published…
New York Attorney General Announces Improved 3M Co. Settlement
New York Attorney General Letitia James announced on Tuesday that 3M Co. has agreed to make "significant changes" to the proposed settlement amount of $10.5 billion to $12.5 billion. The…
Sibanye-Stillwater Reports Lower Profits in First Half of 2023
Sibanye-Stillwater, the Johannesburg-listed precious metals miner, has announced a decline in earnings per share for the first half of 2023, as global commodity prices were impacted by slowing demand. Despite…
Xiaomi Reports Strong Q2 Results
Xiaomi, the Chinese tech giant, announced its second-quarter results on Tuesday, showcasing impressive growth and surpassing analysts' expectations. Here are the key highlights from the report: Net Profit Surpasses Estimates…
Nvidia’s Stock Buyback Plan
Nvidia, the prominent chip maker, made waves by announcing its intention to repurchase $25 billion worth of stock following their impressive earnings results. It appears that Nvidia's goal is well…
Fortescue Metals Group Reports Profit Decline and CEO Departure
Fortescue Metals Group announced on Monday that its metals business CEO, Fiona Hick, has stepped down after just six months in the role. This unexpected departure comes as the company…
Cleveland-Cliffs Closer to Acquiring United States Steel
Cleveland-Cliffs is making steady progress towards its goal of acquiring United States Steel (ticker: X), positioning itself at the forefront of the domestic steel industry. During the past week, Esmark,…
POSM Plant Restart in September
According to market sources, LyondellBasell and Covestro are set to restart their jointly owned propylene oxide styrene monomer (POSM) plant in Maasvlakte, the Netherlands, in the second half of September.…
Growth in Services Activity in Middle of U.S.
According to a recent survey by the Federal Reserve Bank of Kansas City, services activity in the middle of the U.S. remained relatively steady in August. While the composite index…
Concerns About the Future of the Economy
A recent survey of consumer sentiment reveals that Americans are expressing more concerns about the future of the economy, despite the sentiment hanging close to a two-year high in August.…
Workday Reports Strong Quarterly Results and Raises Outlook
Workday, the human-resources software provider, has announced its solid quarterly results and an optimistic outlook for the future. Analysts have responded by increasing their stock price targets, citing strong demand…
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