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Market updates
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Government Borrowing Surpasses Expectations: What Does This Mean for the Economy?
September 20, 2024 05:57 PM AEST| By Team Kalkine MediaHigher-than-anticipated borrowing in August led public sector net debt to reach 100% of GDP, according to official figures released on Friday.,The Office for National Statistics reported that public sector borrowing, the gap between spending and tax...
Europe Opens: Shares Dip as Investors Weigh Rate Decisions; Mercedes Declines
September 20, 2024 05:54 PM AEST| By Team Kalkine MediaEuropean shares opened lower as market participants processed a series of interest rate decisions from central banks worldwide, while automakers faced significant declines following Mercedes-Benz’s (LSE:0NXX) announcement of another cut to its profit...
London Pre-Open: Stocks Set to Fall Amid Retail Sales and Consumer Confidence Concerns
September 20, 2024 05:47 PM AEST| By Team Kalkine MediaLondon stocks were poised to decline at the open on Friday after solid gains the previous day, as market participants assessed a drop in consumer confidence alongside stronger-than-anticipated retail sales figures.,The FTSE 100 was projected to open...
LightPath Technologies Inc (LPTH) Q4 2024 Earnings Call Transcript Highlights: Revenue Decline ...
September 20, 2024 05:01 PM AEST| By EODHDRevenue: $8.6 million for Q4 2024, down from $9.7 million in Q4 2023. Infrared Component Sales: $3 million, 35% of consolidated revenue. Visible Component Sales: $3.2 million, 37% of consolidated reve...
Valmet to supply a new BCTMP line and an evaporator line to JK Paper Limited in India
September 20, 2024 04:45 PM AEST| By EODHDValmet Oyj press release, September 20, 2024, at 9:30 a.m. EEST ESPOO, Finland, Sept. 20, 2024 /PRNewswire/ -- Valmet is to supply a new bleached chemi-thermomechanical pulp (BCTMP) line and a related...
Southwest Airlines Co. 2024 Investor Day
September 20, 2024 12:37 PM AEST| By EODHDDALLAS, Sept. 19, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its 2024 Investor Day. Southwest will be webcasting the presentation live, and a li...
Macy's to hire more than 31,500 employees for holiday season
September 20, 2024 09:31 AM AEST| By EODHD(Reuters) - Macy's said on Thursday it will hire more than 31,500 full and part-time employees for the upcoming holiday season - fewer than last year - as the U.S. department store gears up for a busy...
Woodside Contributes $50,000 to Hurricane Francine Relief Efforts
September 20, 2024 09:00 AM AEST| By EODHDHOUSTON--(BUSINESS WIRE)--Woodside Energy will contribute $50,000 to the Bayou Community Foundation in support of relief efforts following Hurricane Francine. The Category 2 hurricane impacted the Lou...
Taylor Swift's Eras Tour means big bucks for United Airlines
September 20, 2024 06:31 AM AEST| By EODHDImage: Kate Green (Getty Images) United Airlines (UAL) says it’s seen a surge in demand for flights, thanks to Taylor Swift’s Eras Tour. Chief commercial officer Andrew Nocella said the airline has re...
FMC Corporation announces dates for third quarter 2024 earnings release and webcast conference call
September 20, 2024 06:30 AM AEST| By EODHDFMC Corporation Logo. (PRNewsFoto/FMC Corporation) PHILADELPHIA, Sept. 19, 2024 /PRNewswire/ -- FMC Corporation (NYSE: FMC) announced today it will release its third quarter 2024 earnings on Tuesday,...
Speakers Announced, Registration Now Open for PG&E's 2024 Innovation Summit on November 13
September 20, 2024 06:16 AM AEST| By EODHDFall Event Presented in Collaboration with DISTRIBUTECH to Showcase R&D Advances, Focus on Opportunities for Artificial Intelligence in Energy OAKLAND, Calif., Sept. 19, 2024 /PRNewswire/ -- Today, Pa...
Webcast Alert: BorgWarner 2024 Third Quarter Results Conference Call
September 20, 2024 06:15 AM AEST| By EODHDAUBURN HILLS, Mich., Sept. 19, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: BorgWarner Logo (PRNewsfoto/BorgWarner) What: BorgWarner 2024 Third Quarter Results Con...
US Equities Markets End Higher Thursday as Investors Weigh Fed Rate Cut
September 20, 2024 06:00 AM AEST| By EODHDUS Equities Markets End Higher Thursday as Investors Weigh Fed Rate Cut
August Rents Decline, But Remain Near Peak Levels, Realtor.com Says
September 20, 2024 05:59 AM AEST| By EODHDAugust Rents Decline, But Remain Near Peak Levels, Realtor.com Says
Delta to pause flights between New York and Tel Aviv
September 20, 2024 05:37 AM AEST| By EODHD(Reuters) - Delta Air Lines said on Thursday it will pause its flights between New York-JFK and Tel Aviv through Dec. 31, due to escalating security concerns in the Middle East. The airline said a tra...
Amazon's AWS Appeals $672.7 Million Penalty in Kove Patent Infringement Lawsuit
September 20, 2024 04:59 AM AEST| By EODHDAmazon's AWS Appeals $672.7 Million Penalty in Kove Patent Infringement Lawsuit
Europe Close: Stocks Soar as Rate-Cut Hopes Ignite Rally
September 20, 2024 04:59 AM AEST| By Team Kalkine MediaOn Thursday, London stocks ended the day on a positive note, driven by the Bank of England’s anticipated decision to maintain interest rates. This move came as part of a broader upward trend across European stock markets, which were buoyed by the Fed...
American Water to Keep Good Ties with Pennsylvania Regulator, Eyes Growth Through M&A, RBC Says
September 20, 2024 04:58 AM AEST| By EODHDAmerican Water to Keep Good Ties with Pennsylvania Regulator, Eyes Growth Through M&A, RBC Says
Philly Fed Manufacturing Index Surprises with Positive Turn
September 20, 2024 04:55 AM AEST| By Team Kalkine MediaManufacturing activity in the Philadelphia region experienced an unexpected boost in September after a sharp contraction in August, though the overall picture for the industry remains mixed.,According to the Federal Reserve Bank of Philadelphia, the...
Axel Springer to Separate Classifieds from Media Assets
September 20, 2024 04:50 AM AEST| By Team Kalkine MediaOn Thursday, Axel Springer, the owner of Politico, announced an agreement with its largest shareholder, KKR, to separate its classifieds business from its media assets. This restructuring will see the company's media operations, which include Bild, B...
AI on the Rise: A Look at Top AI Companies and Their Stocks