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Market updates
Update: Over 9,500 Unite Here Workers at Hyatt, Hilton, Marriott Back on Job Across US, Union Says
September 05, 2024 07:51 PM AEST| By EODHDUpdate: Over 9,500 Unite Here Workers at Hyatt, Hilton, Marriott Back on Job Across US, Union Says
These Stocks Are Moving the Most Today: C3.ai, U.S. Steel, Tesla, Nvidia, NIO, ChargePoint, Broadcom, and More
September 05, 2024 07:51 PM AEST| By EODHDShares of C3.ai fall sharply after subscription revenue misses analysts’ forecasts, U.S. Steel rises after sliding on a report that President Joe Biden is moving closer to blocking its sale to Japan’s...
Factbox-What are airlines doing in response to Cathay Pacific's Airbus A350 engine failure
September 05, 2024 07:41 PM AEST| By EODHDBy Anna Chaberska and Alban Kacher (Reuters) - Several airlines are carrying out precautionary inspections on their Airbus A350 fleets after Hong Kong's Cathay Pacific found 15 planes that needed fuel...
Chevron Wants the Oil to Keep Flowing in Venezuela After Disputed Election
September 05, 2024 07:30 PM AEST| By EODHDBehind the scenes, Chevron’s message to the White House is that the oil giant needs to stay in Venezuela, even if Nicolás Maduro remains. Continue reading View comments
Schroders to name Richard Oldfield as next chief executive
September 05, 2024 07:22 PM AEST| By EODHDSchroders plans to appoint chief financial officer Richard Oldfield as its next chief executive, according to people familiar with the
London Pre-Open: Stocks Expected to Drop Ahead of ADP Report
September 05, 2024 06:58 PM AEST| By Team Kalkine MediaOn Thursday, London stocks are anticipated to decline at the start of trading, following mostly weaker performances in the US and Asian markets. The FTSE 100 is projected to open approximately 16 points lower.,Market Focus,Ipek Ozkardeskaya, a senior...
AB Foods Warns of Sales Drop at Primark; Vistry Reports First-Half Profit Rise
September 05, 2024 06:55 PM AEST| By Team Kalkine MediaLondon Market Opening,On Thursday, the FTSE 100 is anticipated to open 17 points lower, following a decline of 0.35% on Wednesday, closing at 8,269.60.,Stocks to Monitor,Primark, part of Associated British Foods,(LSE:ABF),, is forecasting a modest 0....
AstraZeneca says ‘small number’ of employees under investigation in China
September 05, 2024 06:50 PM AEST| By EODHDAstraZeneca said a “small number” of its employees are under investigation by police in China, following a report they had been detained
Foxconn says August revenue +32.81% y/y, performance to further improve in Q3
September 05, 2024 05:50 PM AEST| By EODHDTAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Thursday reported revenue for August rose 32.8% year-on-year. Performance i...
Valmet to start change negotiations in Finland in its Paper business line's Board and Paper Mills business unit
September 05, 2024 05:33 PM AEST| By EODHDValmet Oyj press release September 5, 2024 at 10:00 a.m. EEST ESPOO, Finland, Sept. 5, 2024 /PRNewswire/ -- Valmet starts change negotiations on September 5, 2024, that affect its Paper business line'...
Primark Owner AB Foods Upbeat on Outlook Despite Woes in Sugar Business
September 05, 2024 04:58 PM AEST| By EODHDAssociated British Foods said its Primark clothing business should post 4% sales growth for the second half, and that the operating margin for the unit would be flat for fiscal 2025. Continue reading...
Volvo Cars lowers profit margin target
September 05, 2024 04:02 PM AEST| By EODHDSTOCKHOLM (Reuters) - Swedish automaker Volvo Cars on Thursday lowered its adjusted profitability target for 2026 and said it aims to continue outgrowing the premium car market until that year, droppi...
Franklin Resources Has a Problem on Its Hands. What Investors Need to Know.
September 05, 2024 04:00 PM AEST| By EODHDA fund manager’s use of Treasury derivatives to make interest-rate bets appears to have triggered an SEC investigation. Continue reading View comments
Shell claims LNG group ‘wrongfully earned’ $3.5bn on shipment arbitrage
September 05, 2024 02:00 PM AEST| By EODHDShell is alleging US liquefied natural gas provider Venture Global “wrongfully earned” $3.5bn by failing to deliver shipments to European
Stellantis to resume production at certain U.S. plants after production adjustments
September 05, 2024 10:36 AM AEST| By EODHD(Reuters) -Jeep's parent company Stellantis said on Wednesday that it will resume production at certain U.S. assembly plants after making "production adjustments" and will assess if further action is...
Challenger Selects State Street as Custodian and Back-, Middle- and Front Office Investment Administrator Through State Street Alpha®
September 05, 2024 10:00 AM AEST| By EODHDSYDNEY, September 05, 2024--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has been selected by Challenger Limited, a publicly listed Australian investment management fi...
M&S targets further growth amid strong momentum in clothing and home
September 05, 2024 09:01 AM AEST| By EODHDMarks & Spencer has said it can grow its fashion and homeware business further on the back of strong online momentum, as bosses hailed “the beginnings of a new M&S”. The high street stalwart has seen...
Kroger CEO pins price increases on rising costs at trial
September 05, 2024 07:24 AM AEST| By EODHDKroger CEO Rodney McMullen attributed rising grocery prices to increasing costs for retailers as he defended the grocery chain's proposed $25 billion merger with rival Albertsons at a trial on Wednesd...
ZIONS BANCORPORATION TO PRESENT AT THE BARCLAYS GLOBAL FINANCIAL SERVICES CONFERENCE
September 05, 2024 07:15 AM AEST| By EODHDSALT LAKE CITY, Sept. 4, 2024 /PRNewswire/ -- Harris Simmons, Chairman and CEO of Zions Bancorporation, N.A. (NASDAQ: ZION), will make a presentation at the Barclays Global Financial Services Conferen...
Kinross to provide an update on the Great Bear project
September 05, 2024 07:00 AM AEST| By EODHDKinross Gold Corporation TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) will release its Preliminary Economic Assessment for Great Bear followed by...
AI on the Rise: A Look at Top AI Companies and Their Stocks