Market updates

ALK upgrades its full-year revenue and earnings outlook
August 23, 2024 01:38 AM AEST| By EODHDALK Abello ALK (ALKB:DC / OMX: ALK B / AKBLF) today announced that the full-year financial outlook has been upgraded to reflect the current performance and outlook for the remainder of the year. Reven...

Microsoft Raised a Key Growth Forecast. Why It Isn’t What It Seems.
August 23, 2024 01:27 AM AEST| By EODHDThe company is changing what it reports as part of its Azure cloud-computing business, saying that will make it easier to track consumption of its services. Continue reading View comments

Analog Devices 'Mixed' Fiscal Q3 Weighed Down by Macro Weakness, Slower Recovery, Morgan Stanley Says
August 23, 2024 01:25 AM AEST| By EODHDAnalog Devices 'Mixed' Fiscal Q3 Weighed Down by Macro Weakness, Slower Recovery, Morgan Stanley Says

Zoom Video Communications Reports Positive Q2 Results with Signs of Growth Recovering, RBC Says
August 23, 2024 01:25 AM AEST| By EODHDZoom Video Communications Reports Positive Q2 Results with Signs of Growth Recovering, RBC Says

Update: Zoom Video Shares Jump After Fiscal Q2 Adjusted Earnings, Revenue Beat Estimates
August 23, 2024 01:17 AM AEST| By EODHDUpdate: Zoom Video Shares Jump After Fiscal Q2 Adjusted Earnings, Revenue Beat Estimates

Italian aviation authorities investigate after turbulence injures two easyJet flight attendants
August 23, 2024 12:49 AM AEST| By EODHDLONDON (AP) — Italian authorities have launched an investigation after two easyJet flight attendants were injured when their flight from Corfu to London’s Gatwick Airport was buffeted by turbulence ea...

O'Reilly Automotive's Operational Enhancements to Support Market Expansion, Profit Growth, Wedbush Says
August 23, 2024 12:39 AM AEST| By EODHDO'Reilly Automotive's Operational Enhancements to Support Market Expansion, Profit Growth, Wedbush Says

Paired Power Partners with California American Water to Deliver Microgrid EV Charging in San Diego, California
August 23, 2024 12:28 AM AEST| By EODHDCAMPBELL, Calif., August 22, 2024--(BUSINESS WIRE)--Leading U.S. solar microgrid manufacturer Paired Power announces its partnership with California American Water to deliver resilient EV charging wit...

Blue-Chip Stocks Falter as Markets Pause
August 23, 2024 12:23 AM AEST| By Team Kalkine MediaOn Wednesday, the FTSE 100 in London closed higher, but mid-cap stocks drew more attention ahead of the upcoming Federal Open Market Committee minutes.,The FTSE 100 index rose by 10.11 points, or 0.1%, to finish at 8,283.43. The FTSE 250 climbed 201....

Barclays Among Top Stocks with Disappointing Recent Results
August 23, 2024 12:22 AM AEST| By Team Kalkine MediaDuring the current earnings season, nearly all 417 companies within the MSCI Europe index have reported their financial results, with 97% having done so. Many of these companies that surpassed market expectations saw their share prices rise as a resu...

Escher Group Eyes Return to London Stock Market
August 23, 2024 12:19 AM AEST| By Team Kalkine MediaEscher Group, a global provider of software solutions for post offices, is reportedly planning a return to the London stock market after being taken private six years ago.,Sky News has reported that Escher, which had longstanding contracts with Fujit...

PEOPLE Magazine Recognizes Humana as one of the Top "100 Companies That Care"
August 23, 2024 12:13 AM AEST| By EODHDMore than 5,000 Humana volunteer employees met Wednesday, August 21, in Louisville, KY to kick off the company's first Community Day. (Photo: Business Wire) LOUISVILLE, Ky., August 22, 2024--(BUSINESS...

Howmet Aerospace to Present at Jefferies Industrials Conference
August 23, 2024 12:08 AM AEST| By EODHDPITTSBURGH, August 22, 2024--(BUSINESS WIRE)--Howmet Aerospace Inc. (NYSE: HWM) announced today that John C. Plant, Chairman and Chief Executive Officer, and Ken Giacobbe, Executive Vice President and...

Wolters Kluwer: Leading U.S. economists anticipate a slowdown in GDP growth, no recession
August 23, 2024 12:04 AM AEST| By EODHDWolters Kluwer Blue Chip Economic Indicators shows 93% of economists expect 1st rate cut to occur in September NEW YORK, August 22, 2024--(BUSINESS WIRE)--Wolters Kluwer has published the August 2024...

Ally Financial to present at the Barclays Global Financial Services Conference
August 23, 2024 12:00 AM AEST| By EODHDCHARLOTTE, N.C., Aug. 22, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the Barclays Global Financial Services Conference on Tuesday, Se...

U.S. Bank acquires healthcare payments platform Salucro Healthcare Solutions
August 22, 2024 11:00 PM AEST| By EODHDAcquisition further expands bank’s focus on healthcare industry MINNEAPOLIS, August 22, 2024--(BUSINESS WIRE)--U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), has acquired Salucro Healthcare Solutio...

How Democrats are pitching Harris as good for business (despite some unpopular ideas)
August 22, 2024 10:34 PM AEST| By EODHDA series of Democratic emissaries to the business world are making a case this week that a President Kamala Harris will be good for business — in spite of unanswered questions about her economic agend...

Hormel Foods Corporation to Participate in the 2024 Barclays Global Consumer Staples Conference
August 22, 2024 10:00 PM AEST| By EODHDAUSTIN, Minn., Aug. 22, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Jim Snee, president, chief executive officer, and cha...

Vertex to Participate in Upcoming September Investor Conferences
August 22, 2024 10:00 PM AEST| By EODHDBOSTON, August 22, 2024--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced management participation in two upcoming investor conferences. Dr. Reshma Kewalramani, Chie...

Halliburton Working to Assess Cause, Impacts of Cyberattack
August 22, 2024 09:23 PM AEST| By EODHDHalliburton is working “diligently” to assess the cause and potential impact of a reported cyber incident, a company spokesperson told Hart Energy on Aug. 22. “We have activated our preplanned respons...
AI on the Rise: A Look at Top AI Companies and Their Stocks