Alcoa Corp. Shares Plunge Amid Trade War Concerns
Shares of Alcoa Corp. are experiencing their largest decline in 10 months as concerns grow over the possibility of a trade war with China if Donald Trump is elected president…
Estée Lauder Announces Expansion of Profit-Recovery Plan
Luxury cosmetics company, Estée Lauder, made headlines on Monday with the announcement of its expanded profit-recovery plan for fiscal 2025 and 2026. This plan includes a restructuring program that entails…
Nordea Bank’s Dividend Increase and Growth Focus in 2024
By Dominic Chopping Helsinki-based Nordea Bank has announced its plans to increase its dividend and strive for higher income growth this year. The bank reported a net profit of 1.11…
Australian Services Activity Shows Resilience Despite Interest Rate Increase
Australian Services Activity Shows Resilience Despite Record Rise in Interest Rates Australian services activity contracted at a slower rate in January, indicating the ongoing resilience of the economy despite a…
NYSTRS Increases Holdings in High-Performing Stocks
The New York State Teachers’ Retirement System (NYSTRS), one of the ten largest public retirement systems in the U.S., recently made strategic moves to increase its holdings in certain stocks…
Thermon Group Holdings Lowers Full-Year Guidance for Earnings
Shares of Thermon Group Holdings took a hit as the company revised its full-year earnings guidance. The stock dropped 9.5% to $24.36 during Friday's afternoon trading session, following an 8.6%…
UK Stocks Finish Lower as FTSE 100 Declines
The UK stock market closed in negative territory on Friday, with the FTSE 100 Index ending the day down 0.09% at 7,615.54. Top Losers Endeavour Mining PLC (EDV): The gold…
Cigna Group: Bucking the Trend in Managed-Care Earnings
A strange thing happened on Friday morning: Cigna, a managed-care company, reported its earnings, and to everyone's surprise, its stock jumped up. This positive market reaction is noteworthy considering the…
Charter Communications Reports Lower Earnings in Q4 2022
Charter Communications, a leading cable company, has reported lower earnings in the fourth quarter of 2022. The company faced challenges with its internet and video customers, as cord cutting accelerated…
Chevron’s Acquisition Boosts U.S. Net Production
Chevron's recent acquisition of PDC Energy has had a significant impact on the company's net production in the United States during the fourth quarter. The company has achieved a new…
Chinese Developer Landsea Green to Acquire Texas Homebuilder for $185 Million
Shares of Chinese developer Landsea Green Management saw a rise in value after the company announced plans for its Nasdaq-listed unit to acquire a Texas homebuilder for $185 million. This…
Etsy’s Stock Surges After Hedge Fund Partner Joins Board of Directors
Investors showed increased interest in Etsy Inc. on Thursday following the announcement that a partner of hedge fund Elliott Investment Management L.P. has joined the online crafts marketplace's board. This…
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