Market updates

A top Delta Air Lines executive is leaving to lead the company that owns Outback Steakhouse
August 27, 2024 05:32 AM AEST| By EODHDTAMPA, Fla. (AP) — A high-ranking Delta Air Lines executive whose impending departure was announced last week has been named CEO of Bloomin’ Brands, which owns Outback Steakhouse and several other res...

Foot Locker Second-Quarter Results May Beat Consensus Views, Wedbush Says
August 27, 2024 04:59 AM AEST| By EODHDFoot Locker Second-Quarter Results May Beat Consensus Views, Wedbush Says

Tempur Sealy Stock Scores RS Rating Upgrade
August 27, 2024 04:32 AM AEST| By EODHDIn a welcome move, Tempur Sealy stock saw its Relative Strength Rating rise from 70 to 75 on Monday. This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 9...

Union Pacific Corporation Invites You to Join Broadcast of its 2024 Investor Day
August 27, 2024 04:30 AM AEST| By EODHDOMAHA, Neb., August 26, 2024--(BUSINESS WIRE)--You are invited to listen to Union Pacific Corporation’s (NYSE: UNP) 2024 Investor Day presentations. The presentations will be broadcast live over the I...

AT&T to pay $950,000 to resolve investigation into 911 outage
August 27, 2024 04:28 AM AEST| By EODHDWASHINGTON (Reuters) - AT&T has agreed to pay $950,000 to resolve a Federal Communications Commission investigation into an August 2023 outage of 911 calls in four states, the agency said Monday. The...

Lululemon Has Room for Earnings Beat-and-Raise, Morgan Stanley Says
August 27, 2024 04:26 AM AEST| By EODHDLululemon Has Room for Earnings Beat-and-Raise, Morgan Stanley Says

JPMorgan Chase is sued over low rates on cash sweeps
August 27, 2024 04:23 AM AEST| By EODHDNEW YORK (Reuters) - JPMorgan Chase has been accused in a new lawsuit of sweeping customers' idle cash into accounts with "unreasonably" low interest rates. The proposed class action against the large...

Market Chatter: Exxon Mobil Consortium's Oil Production in Guyana Decreases in July
August 27, 2024 04:08 AM AEST| By EODHDMarket Chatter: Exxon Mobil Consortium's Oil Production in Guyana Decreases in July

Equity Markets Mixed Intraday
August 27, 2024 04:07 AM AEST| By EODHDEquity Markets Mixed Intraday

Applied Materials Gets DOJ Subpoena, Adding to Recent Scrutiny
August 27, 2024 03:38 AM AEST| By EODHD(Bloomberg) -- Applied Materials Inc. said the US Department of Justice has requested information on its applications for federal grants, adding another layer to government investigations into its ope...

Solar Stocks Continue to Struggle. This One Is the Only Winner.
August 27, 2024 03:37 AM AEST| By EODHDIt hasn’t been a good year for solar stocks. The Invesco Solar ETF has dropped 20% in 2024, putting it on pace to have its worst year since 2023 when it fell 27%. First Solar is the only one performin...

MercadoLibre ramps up fight with Argentine banks over QR payments
August 27, 2024 03:35 AM AEST| By EODHDBUENOS AIRES (Reuters) - Latin American e-commerce giant MercadoLibre said on Monday it had filed a complaint with Argentine regulators against digital wallet MODO backed by local banks, alleging cart...

Surging Durable Goods, Improvement in Manufacturing Leave US Equity Indexes Mixed; Oil Surges
August 27, 2024 03:30 AM AEST| By EODHDSurging Durable Goods, Improvement in Manufacturing Leave US Equity Indexes Mixed; Oil Surges

American Express Global Business Travel to Present at the Citi 2024 Global TMT Conference on September 5, 2024
August 27, 2024 03:26 AM AEST| By EODHDNEW YORK, August 26, 2024--(BUSINESS WIRE)--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) ("Amex GBT"), a leading B2B software and servi...

REITs in Canada Set to Recover as Rate Cuts Reign, TD Says
August 27, 2024 03:23 AM AEST| By EODHD(Bloomberg) -- Canadian real estate investment trusts are primed for a rebound as investors grow more confident in near-term rate cuts across North America, according to TD Cowen. Most Read from Bloom...

MercadoLibre Hits Back at Argentine Banks for ‘Cartel’ Tactics
August 27, 2024 03:16 AM AEST| By EODHD(Bloomberg) -- MercadoLibre Inc. accused Argentine banks Monday of “illegally concentrating” under one payments platform as an anti-competitive tactic against the company’s fintech arm. Most Read from...

Capstone Partners Appoints Ken Wasik as Co-Head of Investment Banking to Support Ongoing Strategic Growth
August 27, 2024 03:00 AM AEST| By EODHDBOSTON, Aug. 26, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, has announced a significant appointment within its management team. Ken Wasik, Managing Direct...

PNC Executives To Speak At Barclays Global Financial Services Conference
August 27, 2024 02:48 AM AEST| By EODHDPITTSBURGH, Aug. 26, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman and Chief Executive Officer William S. Demchak and Executive Vice President a...

Lululemon Athletica May Post Q2 EPS Beat Amid Flat Americas Sales, Morgan Stanley Says
August 27, 2024 02:45 AM AEST| By EODHDLululemon Athletica May Post Q2 EPS Beat Amid Flat Americas Sales, Morgan Stanley Says

Constellation Brands Q2 EPS to Miss Views, Macro Factors to Affect Fiscal 2025, Morgan Stanley Says
August 27, 2024 02:37 AM AEST| By EODHDConstellation Brands Q2 EPS to Miss Views, Macro Factors to Affect Fiscal 2025, Morgan Stanley Says