Market updates

Lennar Third-Quarter Revenue May Outperform Consensus, Earnings Could Fall Short, Wedbush Says
September 12, 2024 03:24 AM AEST| By EODHDLennar Third-Quarter Revenue May Outperform Consensus, Earnings Could Fall Short, Wedbush Says

Kosmos to Repay Debt with $500MM Senior Notes Offer
September 12, 2024 03:13 AM AEST| By EODHDKosmos Energy Ltd. has priced $500 million in aggregate principal amount of 8.750% senior notes due 2031, some of which will go to pay outstanding debt. The offering is expected to close Sept. 24 and...

AT&T CEO on Fed rate cuts: They will make our stock look more attractive
September 12, 2024 02:34 AM AEST| By EODHDAT&T CEO John Stankey thinks his stock's 5%-plus dividend yield could look juicy as interest rates decline and investors hunt for income. "We have a very attractive dividend out there on our stock. An...

Top Midday Stories: AWS to Invest $10.5 Billion to Build UK Data Centers; TD Bank Ordered to Pay $28 Million by CFPB; Dell to Continue Layoffs
September 12, 2024 02:30 AM AEST| By EODHDTop Midday Stories: AWS to Invest $10.5 Billion to Build UK Data Centers; TD Bank Ordered to Pay $28 Million by CFPB; Dell to Continue

Airbus CEO Bullish On Air Travel Despite Bumps
September 12, 2024 02:13 AM AEST| By EODHD“It's not a big surprise to me that there is a bit of softening, but I would not see it as a sign of slowing down of aviation,” Faury said in an interview at an aerospace forum in Washington, D.C. thi...

BUREAU VERITAS: Number of shares and voting rights as of August 31, 2024
September 12, 2024 01:55 AM AEST| By EODHDBUREAU VERITAS REGULATED INFORMATION Neuilly-sur-Seine, France – September 11, 2024 Information on number of shares and voting rights as stipulated by article 223-16 of the general regulations of the...

Why Goldman Sachs Downgraded Morgan Stanley Shares
September 12, 2024 01:39 AM AEST| By EODHDMorgan Stanley stock received a downgrade from Goldman Sachs, which says the shares’ outperformance could be coming to an end. Continue reading View comments

VW and Germany Were Great for Each Other. Now They’re Not.
September 12, 2024 01:34 AM AEST| By EODHDBoth the carmaker and its home country are suffering from high costs, eroding tech leadership and a reliance on China. Continue reading View comments

Why Ally’s Warning Light on Credit Should Be Heeded
September 12, 2024 01:23 AM AEST| By EODHDA “check engine” light went off yesterday for consumer lenders. Ally Financial, a leading retail auto lender, spooked investors by warning that “credit challenges have intensified” in this business ov...

T-Mobile Conducts the First Ever Wireless Emergency Alert Via Satellite
September 12, 2024 01:22 AM AEST| By EODHDT-Mobile Starlink satellite-to-smartphone technology to bring critical emergency alerts to 500,000+ square miles of land currently unreachable with earth-based cell towersEmergency alerts will work fo...

Balfour Beatty Hires William Webb as General Manager of Total Power Group Operations
September 12, 2024 01:19 AM AEST| By EODHDBalfour Beatty US announces the hiring of William “Billy” Webb as General Manager of its Total Power Group operations based in Greensboro, North Carolina. (Photo: Business Wire) DALLAS, September 11,...

IBM Stock Gets Price-Target Hike As Big Blue Approaches Record Territory
September 12, 2024 01:10 AM AEST| By EODHDIBM stock is nearing a return to record territory for the first time in a decade amid rising AI excitement. Continue reading View comments

Market Chatter: Hewlett Packard Enterprise Seeks $9.5 Billion Debt Package for Juniper Acquisition
September 12, 2024 01:06 AM AEST| By EODHDMarket Chatter: Hewlett Packard Enterprise Seeks $9.5 Billion Debt Package for Juniper Acquisition

Nippon Steel, U.S. Steel make last-ditch effort to win US nod, source says
September 12, 2024 12:44 AM AEST| By EODHDBy Alexandra Alper and David Shepardson WASHINGTON (Reuters) -A top Nippon Steel executive and U.S. Steel's CEO are meeting with senior U.S. officials on Wednesday in an effort to salvage Nippon's $14...

Stellantis to invest over $406 million in Michigan plants in EV, hybrid push
September 11, 2024 11:21 PM AEST| By EODHD(Reuters) - Stellantis said on Wednesday it would invest more than $406 million in three facilities in Michigan to develop a platform that can be shared for both electric and hybrid vehicles. One of t...

Abu Dhabi National Oil Expected to Make Formal Bid for Covestro
September 11, 2024 10:53 PM AEST| By Team Kalkine MediaThe Financial Times has reported that Abu Dhabi National Oil Company (ADNOC) is poised to make a formal offer for Covestro, a major German manufacturer of plastics and chemicals, with a transaction valued at approximately €14.4 billion, including deb...

London Midday: FTSE Edges Up as UK Economy Stagnates
September 11, 2024 10:49 PM AEST| By Team Kalkine MediaLondon stocks remained slightly higher by midday on Wednesday as new data revealed that the UK economy continued to stagnate in July.,The FTSE 100 index was up by 0.1% at 8,213.59. Data from the Office for National Statistics showed that gross domest...

Manchester United Fiscal Fourth-Quarter Loss Widens Amid Double-Digit Revenue Decline
September 11, 2024 10:46 PM AEST| By EODHDManchester United Fiscal Fourth-Quarter Loss Widens Amid Double-Digit Revenue Decline

Sweden’s EQT Reportedly Competing for Grant Thornton UK
September 11, 2024 10:36 PM AEST| By Team Kalkine MediaSwedish buyout firm EQT has reportedly joined other buyout firms exploring the acquisition of a substantial stake in the UK operations of accountancy firm Grant Thornton.,Sky News reported that EQT, currently in the process of acquiring computer game...

3D Systems Expands Orthopedic Surgical Planning Portfolio Receiving FDA Clearance for Key Ankle Indications
September 11, 2024 10:30 PM AEST| By EODHD3D Systems Inc. New TOTAL ANKLE Patient-Matched Guides pair with Smith+Nephew’s Total Ankle replacement solution, designed to help surgeons save time and ensure accuracy while performing fewer steps t...
AI on the Rise: A Look at Top AI Companies and Their Stocks