News

Avanti West Coast and CrossCountry handed new contracts
September 19, 2023 07:23 AM AEST | By PAMEDIATransport Secretary Mark Harper said Avanti West Coast is ‘back on track’ after struggling with reliability.

Oil prices could touch $100 briefly amid output cuts, geopolitical t...
September 19, 2023 07:16 AM AEST | By InvestingOil prices are expected to surge towards $100 per barrel in the short term due to output cuts and geopolitical tensions, according to a recent note by...

U.S. crude futures benchmark may face near-term downturn, warns Soci...
September 19, 2023 07:10 AM AEST | By InvestingAnalysts from Société Générale (EPA:SOGN) have warned that the U.S. benchmark for crude futures, West Texas Intermediate (WTI), could be susceptible t...

Alteryx stock jumps following Morgan Stanley upgrade amid challengin...
September 19, 2023 07:10 AM AEST | By InvestingData analytics software company Alteryx (NYSE:AYX) saw its stock rise by 4.82% on Monday, following an upgrade from investment bank Morgan Stanley (NY...

BMO Financial Group exits indirect auto lending to focus on core str...
September 19, 2023 07:08 AM AEST | By InvestingIn a significant move, the Bank of Montreal (BMO) has announced its exit from the retail auto finance business, as it aims to concentrate resources on...

Saudi Exchange Introduces New Indices to Attract Global Investors
September 19, 2023 07:00 AM AEST | By InvestingThe Saudi Exchange, also known as Tadawul, has launched four new indices in an effort to attract local and international investors, announced on Monda...

Tesla’s Potential Saudi Expansion and Revised Earnings Forecast
September 19, 2023 06:58 AM AEST | By InvestingElectric vehicle manufacturer Tesla (NASDAQ:TSLA) is reportedly in preliminary discussions to establish a manufacturing plant in Saudi Arabia, while i...

Macy’s Shares Yield Exceeds 6%, Reflecting Importance of Dividends f...
September 19, 2023 06:56 AM AEST | By InvestingOn Monday, shares of Macy's Inc (NYSE: NYSE:M), one of the largest 3000 companies traded on U.S. stock markets and a constituent of the Russell 3000,...

U.S. stock market shows decreased volatility despite economic uncert...
September 19, 2023 06:54 AM AEST | By InvestingDataTrek Research has identified a trend of decreasing volatility in the U.S. stock market, with the Cboe Volatility Index (VIX) dropping over 35% thi...

Federal Reserve Meeting Stirs Investor Uncertainty, Leads to Minor D...
September 19, 2023 06:40 AM AEST | By InvestingIn the closing hours of Monday's stock market activity, a slight downturn was noted in the primary indices, marking a departure from the day's peak le...

Zapf Creation’s Declining ROCE Raises Concerns About Future Performa...
September 19, 2023 06:40 AM AEST | By InvestingZapf Creation, a company in the leisure industry, has been showing concerning trends with a significant decrease in its return on capital employed (RO...

Wall Street recovers slightly ahead of Federal Reserve's rate decisi...
September 19, 2023 06:38 AM AEST | By InvestingU.S. stocks showed a modest recovery on Monday, after a significant drop in the previous session, as Wall Street anticipates the Federal Reserve's upc...

Medco Energi secures IDR 5.25 trillion credit facility from Bank Man...
September 19, 2023 06:38 AM AEST | By InvestingJAKARTA - PT Medco Energi Internasional Tbk (IDX:MEDC) has secured a Term Loan II credit facility amounting to IDR 5.25 trillion from PT Bank Mandiri...

Binance.US Trading Volume Plummets Amid Regulatory Disputes
September 19, 2023 06:36 AM AEST | By InvestingBinance.US, the American branch of the global cryptocurrency exchange, is facing a significant drop in trading volume due to intensifying conflicts wi...

Instacart targets $9B valuation in IPO amidst tranquil market perfor...
September 19, 2023 06:36 AM AEST | By InvestingThe financial markets showcased a calm demeanor last week, with minor declines in the S&P 500 and Nasdaq Composite of 1.2% and 1.5% respectively. Desp...

San Francisco’s Instacart Mulls Over IPO Pricing, Share Value May Ex...
September 19, 2023 06:34 AM AEST | By InvestingSan Francisco-based grocery delivery company, Instacart, is reportedly considering an initial public offering (IPO) with share prices potentially surp...

Howmet Aerospace Anticipated to Outperform Textron Amid Robust Finan...
September 19, 2023 06:34 AM AEST | By InvestingIn a promising outlook for Howmet Aerospace (NYSE: HWM (BMV:HWM)), the jet engine components producer is predicted to outshine its industry counterpar...

Morgan Stanley faces $750 million lawsuit over alleged fraudulent pr...
September 19, 2023 06:34 AM AEST | By InvestingOn Monday, Morgan Stanley (NYSE:MS) found itself in the crosshairs of a lawsuit filed by private equity firms Certares Management LLC and Knighthead C...

BlackLine's projected growth marked amid changing institutional inte...
September 19, 2023 06:32 AM AEST | By InvestingCloud-based accounting solutions provider BlackLine (NASDAQ: NASDAQ:BL) continues to attract attention from financial institutions, despite a slight d...

U.S. shares higher at close of trade; Dow Jones Industrial Average u...
September 19, 2023 06:26 AM AEST | By InvestingInvesting.com – U.S. equities were higher at the close on Monday, as gains in the Oil&Gas, Technology and Industrials sectors propelled shares higher.