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Market updates
Cardinal Health to acquire Integrated Oncology Network for $1.12 billion
September 20, 2024 11:30 PM AEST| By EODHD(Reuters) -Cardinal Health on Friday agreed to acquire community cancer center operator Integrated Oncology Network for $1.12 billion in cash, marking its expansion into cancer care. The Dublin, Ohio-...
Market Chatter: German Court Rules in Favor of Nokia in Amazon.com Video Streaming Patent Case
September 20, 2024 11:27 PM AEST| By EODHDMarket Chatter: German Court Rules in Favor of Nokia in Amazon.com Video Streaming Patent Case
Lennar's Fiscal Third-Quarter Gross Margin Miss, Guidance Weighs On Investor Sentiment, Analysts Say
September 20, 2024 11:25 PM AEST| By EODHDLennar's Fiscal Third-Quarter Gross Margin Miss, Guidance Weighs On Investor Sentiment, Analysts Say
Cardinal Health to acquire Integrated Oncology Network, a physician-led independent community oncology network
September 20, 2024 11:15 PM AEST| By EODHDTransaction demonstrates Cardinal Health's continued strategic investment in specialty and oncology, underscores commitment to independent community healthcare providers Accelerates the development of...
P&G to Webcast Discussion of First Quarter 24/25 Earnings Results on October 18
September 20, 2024 11:15 PM AEST| By EODHDCINCINNATI, September 20, 2024--(BUSINESS WIRE)--The Procter & Gamble Company (NYSE:PG) will webcast a discussion of its first quarter earnings results on Friday, October 18, 2024 beginning at 8:30 a....
Northrop Grumman Announces Webcast, Conference Call of Third Quarter 2024 Financial Results
September 20, 2024 11:00 PM AEST| By EODHDNorthrop Grumman Corporation FALLS CHURCH, Va., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its third quarter 2024 financial results will be posted...
Fidelity Tops The Investing Ranks In IBD's Trust Survey
September 20, 2024 10:30 PM AEST| By EODHDInvesting and wealth management firms' clients shared their views on financial soundness, quality products and data security. Continue reading View comments
Why Target poached a top PepsiCo exec to be its new CFO
September 20, 2024 09:33 PM AEST| By EODHDGood morning. Target’s new CFO is the latest example of a top executive who has spent decades building a career at one company—and then leaping to a new one to go higher. The CFO in question is Jim Le...
Factbox-US companies to hire thousands of seasonal workers for holiday season
September 20, 2024 09:04 PM AEST| By EODHD(Reuters) - U.S. companies from Target and Macy's to package delivery firm UPS plan to hire thousands of seasonal workers ahead of the all-important holiday season. Retailers are expected to add fewer...
Market Chatter: Hershey Company Cuts Jobs as Part of Productivity Initiative
September 20, 2024 08:48 PM AEST| By EODHDMarket Chatter: Hershey Company Cuts Jobs as Part of Productivity Initiative
Eco Buildings Secures Preliminary Order from Albanian Client
September 20, 2024 08:32 PM AEST| By Team Kalkine MediaEco Buildings Group, a modular housing company, has secured a preliminary order for 5,000 square meters of walling from R&T Sh.p.K. This order is intended for the installation of a permanent perimeter wall around a residential tourist site in Albania...
Annuities’ New Golden Age Probably Isn’t Over Yet
September 20, 2024 08:30 PM AEST| By EODHDHEARD ON THE STREET It has been a historic couple of years for annuity sales, fueled by the highest interest rates in a generation. Will falling rates put an end to that? For eight years through 2021,...
Thames Water Warns of Only Eight Months’ Cash Reserves
September 20, 2024 08:16 PM AEST| By Team Kalkine MediaThames Water has issued a warning regarding its financial situation, stating that its cash runway is projected to expire in May 2025 unless a refinancing agreement is reached with lenders. A company representative noted that various options are being...
Low-Slung Data Centers Look to the Sky
September 20, 2024 08:00 PM AEST| By EODHDThe boxy, hulking design, standard for decades, is being reimagined: Data centers are going taller, at times getting slick facades. ‘They can’t just be big boxes anymore,’ says one expert. Continue re...
These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More
September 20, 2024 07:18 PM AEST| By EODHDFedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies after the company announces CEO John Donahoe will be retiring. Continue readin...
Mark Zuckerberg declares Meta ‘the opposite’ of Apple in comments reigniting Tim Cook feud
September 20, 2024 07:00 PM AEST| By EODHDIf Mark Zuckerberg’s new laid-back look—complete with shaggy hair and chunky gold chain—is any indication, he’s much different from the straightlaced, crew-cutted Apple CEO Tim Cook. It’s no wonder, t...
German Industrial Producer Prices Drop 0.8% in August
September 20, 2024 06:53 PM AEST| By Team Kalkine MediaIn August, German industrial producer prices saw a year-on-year decrease of 0.8%, primarily attributed to lower energy costs, according to official data released by the Federal Statistical Office, Destatis. This decline reflects ongoing shifts in the...
Lennar Beats Earnings Estimates. The Stock Drops.
September 20, 2024 06:20 PM AEST| By EODHDLennar reported third-quarter earnings on Thursday that beat estimates as homes for sale remained in short supply. Lennar reported earnings of $4.26 a diluted share on $9.4 billion in revenue, beating...
Sunny Summer Boosts Retail Sales: A Seasonal Surge!
September 20, 2024 06:13 PM AEST| By Team Kalkine MediaRetail sales reached their highest level in over two years in August, according to official data released on Friday, surpassing forecasts and reflecting a stronger-than-anticipated performance.,Estimates from the Office for National Statistics indica...
PBOC Keeps Rates Steady Amid Weakening Recovery
September 20, 2024 06:11 PM AEST| By Team Kalkine MediaThe People's Bank of China (PBOC) surprised analysts on Friday by maintaining benchmark interest rates despite growing calls for policy easing amid a sluggish economic recovery. In a decision that defied market expectations, the central bank held the...
AI on the Rise: A Look at Top AI Companies and Their Stocks