Market updates

Citizens Financial Group to Participate at the Barclays 22nd Annual Global Financial Services Conference
August 20, 2024 07:39 AM AEST| By EODHDPROVIDENCE, R.I., August 19, 2024--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate at the Barclays...

Hormel Foods Announces Retirement of Deanna Brady, Executive Vice President, Retail, after 28 Years of Distinguished Leadership
August 20, 2024 06:30 AM AEST| By EODHDJohn Ghingo, former president of Applegate, rejoining the company as her successor AUSTIN, Minn., Aug. 19, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food...

AM Best Places Credit Ratings of American Heritage Life Insurance Company Under Review With Negative Implications
August 20, 2024 04:32 AM AEST| By EODHDOLDWICK, N.J., August 19, 2024--(BUSINESS WIRE)--AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating...

C.H. Robinson diverting some US customers' cargo away from Canadian ports
August 20, 2024 02:10 AM AEST| By EODHD(Reuters) - U.S. freight forwarder C.H. Robinson said on Monday it was diverting some of its U.S. customers' ocean cargo away from Canadian ports as the threat of a rail strike looms. It said roughly...

McDonald's foot traffic rebound will be the story to watch for the next decade, analyst says
August 20, 2024 01:43 AM AEST| By EODHDMcDonald's (MCD) comeback is underway, per Evercore ISI analyst David Palmer. "We are increasingly bullish on McDonald’s US business for 2025 with some relative market share trend improvement occurrin...

Target Second-Quarter Comparable Sales May Miss Views, Prompt Guidance Downgrade, RBC Says
August 20, 2024 01:35 AM AEST| By EODHDTarget Second-Quarter Comparable Sales May Miss Views, Prompt Guidance Downgrade, RBC Says

Investors Increasingly Interested in Nutrien, RBC Capital Markets Says
August 20, 2024 12:55 AM AEST| By EODHDInvestors Increasingly Interested in Nutrien, RBC Capital Markets Says

UK entrepreneur Mike Lynch among those missing in Sicily yacht disaster
August 20, 2024 12:13 AM AEST| By EODHDBritish entrepreneur Mike Lynch is among those missing following the sinking of a superyacht off the coast of Sicily, multiple news outlets have reported. His wife, Angela Bacares, was rescued. The sh...

Boeing's new CEO may need a decade to truly turn things around, says one veteran leader
August 20, 2024 12:12 AM AEST| By EODHDBoeing’s (BA) season of discontent may stretch into years before the newly appointed CEO Kelly Ortberg can right the ship, literally and metaphorically. “[They] have to think differently because they’...

Aon Unveils D&O Risk Analyzer to Advance the Management of Executive Officer Risks
August 19, 2024 11:00 PM AEST| By EODHD– Tool enables risk managers and brokers to assess corporate executive risks and tailor more impactful insurance programs – Joins Aon's Property Risk and Casualty Risk analyzers in a growing suite of...

Woodside, Climate Group Agree to End Scarborough Gas Challenge
August 19, 2024 03:27 PM AEST| By EODHD(Bloomberg) -- Woodside Energy Group Ltd. and the Australian Conservation Foundation agreed to dismiss the latter’s challenge to the development of the $12.5 billion Scarborough natural gas field off...

What one AI CEO learned by working 20 feet from Apple's Steve Jobs
August 18, 2024 10:10 PM AEST| By EODHDLearning from tech's grandmaster. It’s not often that one can absorb life and business lessons from an all-time great. But Chet Kapoor, chairman and CEO of AI company DataStax, has the distinct pleasu...

Clean Fuel Startups Were Supposed to Be the Next Big Thing. Now They Are Collapsing.
August 18, 2024 07:30 PM AEST| By EODHDStartups promising to power planes, ships and trucks with clean fuel are sputtering before they get off the ground, showing how hard it will be to wean many industries off oil and gas. A company backe...

Streaming turns a corner as Disney, Paramount report profits — but that doesn't solve all of media's problems
August 18, 2024 01:31 AM AEST| By EODHDMost streaming platforms are finally profitable or, at the very least, close to breakeven. But the demise of the cable bundle is still a complicated mess for most legacy players looking to survive in...

RBC countersues former CFO Ahn, claims breach of code of conduct
August 17, 2024 07:05 AM AEST| By EODHDBy Nivedita Balu TORONTO (Reuters) - Royal Bank of Canada filed a countersuit against ousted CFO Nadine Ahn on Friday, detailing findings of its internal investigation into her alleged intimate relati...

Oil Rig Count Falls by 2 This Week, Baker Hughes Data Show
August 17, 2024 05:47 AM AEST| By EODHDOil Rig Count Falls by 2 This Week, Baker Hughes Data Show

BHP Miners Lift Strike After Negotiators Reach Wage Accord
August 17, 2024 03:09 AM AEST| By EODHD(Bloomberg) -- BHP Group and union leaders in Chile reached a preliminary wage agreement on Friday, setting the stage for a resumption of normal production at the world’s biggest copper mine. Prices d...

Charter to Participate in Goldman Sachs Investor Conference
August 17, 2024 01:15 AM AEST| By EODHDSTAMFORD, Conn., Aug. 16, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Execut...

Charter to Participate in Bank of America Media, Communications and Entertainment Conference
August 17, 2024 01:00 AM AEST| By EODHDSTAMFORD, Conn., Aug. 16, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Jessica Fischer, Chief Financial Officer, will...

Update: BioNTech Shares Fall as Phase 3 Trial of Combined Influenza, COVID-19 Vaccine With Pfizer Misses 1 of 2 Immunogenicity Targets
August 16, 2024 10:39 PM AEST| By EODHDUpdate: BioNTech Shares Fall as Phase 3 Trial of Combined Influenza, COVID-19 Vaccine With Pfizer Misses 1 of 2 Immunogenicity Targets
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