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Market updates
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...
Airbus, Rolls to brief airlines as pressure for A350 checks eases, sources say
September 05, 2024 06:50 AM AEST| By EODHDBy Tim Hepher PARIS (Reuters) - Airlines will likely be told there is no immediate need for global checks on the Airbus A350-1000, ending days of uncertainty after an engine emergency prompted Cathay...
Jamie Mullarkey named Markel's Global Executive Underwriting Officer for Property and First Party Lines
September 05, 2024 06:30 AM AEST| By EODHDRICHMOND, Va., Sept. 4, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jamie Mullarkey has been named Global Executive Underwriting Of...
Hewlett Packard Enterprise: Fiscal Q3 Earnings Snapshot
September 05, 2024 06:16 AM AEST| By EODHDSPRING, Texas (AP) — SPRING, Texas (AP) — Hewlett Packard Enterprise Co. (HPE) on Wednesday reported fiscal third-quarter profit of $512 million. On a per-share basis, the Spring, Texas-based company...
Equity Residential Provides Operating Update
September 05, 2024 06:15 AM AEST| By EODHDCHICAGO, September 04, 2024--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today provided an update on certain same store operating trends in its business. Same store revenue growth remains on track...
Nasdaq Executives to Present at Upcoming Investor Conferences
September 05, 2024 06:15 AM AEST| By EODHDNasdaq, Inc. NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) will be presenting at the following conferences in September with webcasts available at Nasdaq’s Investor Relations webs...
Simon® to Present at BofA Securities 2024 Global Real Estate Conference
September 05, 2024 06:10 AM AEST| By EODHDINDIANAPOLIS, Sept. 4, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that...
Lam Research Corporation Announces Participation at Upcoming Conference
September 05, 2024 06:05 AM AEST| By EODHDFREMONT, Calif., Sept. 4, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate in the foll...
XPO Provides North American LTL Operating Data for August 2024
September 05, 2024 06:05 AM AEST| By EODHDXPO, Inc. GREENWICH, Conn., Sept. 04, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating...
Intuit CEO Sasan Goodarzi to Present at Goldman Sachs Communacopia & Technology Conference
September 05, 2024 06:00 AM AEST| By EODHDMOUNTAIN VIEW, Calif., September 04, 2024--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, an...
Charter and AMC ink early renewal deal, providing cable subscribers free access to AMC+
September 05, 2024 05:44 AM AEST| By EODHDCharter Communications and AMC Networks on Wednesday said they have agreed to an early renewal of a distribution agreement, allowing Charter to carry AMC's portfolio of linear cable networks for multi...
AI on the Rise: A Look at Top AI Companies and Their Stocks