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Market updates
Berkshire's BofA stake cuts top $6 bln, analysts say Buffett booking profits
September 04, 2024 04:24 AM AEST| By EODHDBerkshire Hathaway has offloaded Bank of America shares worth more than $6 billion following a strong run in the second-largest U.S. lender's stock, with some analysts seeing profit-taking at the hear...
Eurogroup president hails 'new footing' in UK-EU relations
September 04, 2024 04:22 AM AEST| By EODHDBritain and the European Union must turn their "first steps" to rebuild trust into a "steady walk" as they confront common challenges, the president of the Eurogroup of euro zone finance ministers sai...
Citi hires Achintya Mangla to head investment banking financing
September 04, 2024 04:15 AM AEST| By EODHDNEW YORK (Reuters) - Citigroup has hired Achintya Mangla as head of financing for investment banking, a newly created role that will report to the head of banking Viswas Raghavan, according to a memo...
South African scientists unveil fragment of motorcycle-sized meteorite
September 04, 2024 04:14 AM AEST| By EODHDSouth African scientists on Tuesday unveiled a fragment of what they described as a motorcycle-sized meteorite that was discovered in a town in the country's Eastern Cape province last month.
Irish inquiry finds 'truly shocking' level of sexual abuse at church-run schools
September 04, 2024 04:13 AM AEST| By EODHDAn Irish state inquiry uncovered a "truly shocking" level of sexual abuse at religious schools, primarily those run by the Catholic Church, over nearly a century with 2,395 allegations, the government...
Sector Update: Tech Stocks Fall Tuesday Afternoon
September 04, 2024 03:59 AM AEST| By EODHDSector Update: Tech Stocks Fall Tuesday Afternoon
Constellation Brands Slashes Outlook on Weakening Wine Business. Why the Stock Is Up.
September 04, 2024 03:51 AM AEST| By EODHDThe company also says it expects to incur a noncash goodwill impairment loss for its wine and spirits business of about $1.5 billion to $2.5 billion. Continue reading View comments
US housing inflation likely to fall in year ahead, Fed paper says
September 04, 2024 03:03 AM AEST| By EODHDU.S. housing inflation is likely to ease in the coming year as the gap between supply and demand for homes narrows, according to research published on Tuesday by the Federal Reserve Bank of San Franci...
Dovenmuehle’s Ron Malik Named A 2024 Vanguard By Housingwire Magazine
September 04, 2024 03:00 AM AEST| By Send2PressLAKE ZURICH, Ill., Sept. 3, 2024 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that HousingWire has selected Ron Malik, Se...
Dark Matter Technologies’ Chief Risk And Information Security Officer Michael Housch Honored With The 2024 Housingwire Vanguards Award
September 04, 2024 03:00 AM AEST| By Send2PressJACKSONVILLE, Fla., Sept. 3, 2024 (SEND2PRESS NEWSWIRE) -- Dark Matter Technologies (Dark Matter), an innovative leader in mortgage technology backed by time-tested loan origination software and leade...
Argyle’s Brian Geary Honored With Housingwire’s 2024 Vanguard Award
September 04, 2024 03:00 AM AEST| By Send2PressNEW YORK CITY, N.Y., Sept. 3, 2024 (SEND2PRESS NEWSWIRE) -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, today annou...
Volkswagen's 87-Year Streak of German Production Hangs in the Balance
September 04, 2024 03:00 AM AEST| By EODHDNews broke Monday that Volkswagen is considering plant closures in Germany. The auto giant faces falling profits due to slowing sales in China and other major markets. This development comes as Europe...
Boeing Stock Falls After Wells Fargo Downgrade
September 04, 2024 02:53 AM AEST| By EODHDShares of Boeing fell nearly 8% after Wells Fargo downgraded the company to an underweight rating and cut its price target on the stock. Boeing's stock was on pace for its worst day since January and...
Barclays Appoints Cathy Leonhardt as Global Head of Retail Within Investment Banking
September 04, 2024 02:30 AM AEST| By EODHDBarclays appoints Cathy Leonhardt as Global Head of Retail within Investment Banking (Photo: Business Wire) With nearly 30 years of Investment Banking experience, Ms. Leonhardt brings to Barclays deep...
Ugandan opposition leader Bobi Wine shot in leg, seriously hurt, his party says
September 04, 2024 02:12 AM AEST| By EODHDUganda's main opposition leader Bobi Wine was shot in the leg and seriously injured by security agents on Tuesday, his party said.
Oliveda International, Inc. Announces Olive Tree People Subsidiary Surpassing $2 Million Daily Sales 18 Months After Launching in the U.S.
September 04, 2024 02:10 AM AEST| By EODHDOlive Tree People is on track to close Q3 and begin Q4 with continued significant revenue growth and is targeting 100,000 Waterless Beauty Consultants in the next 18 months SANTA MONICA, CA, Sept. 03,...
Intel debuts second-gen Core Ultra mobile chips in bid to fend off Qualcomm, AMD
September 04, 2024 02:00 AM AEST| By EODHDIntel (INTC) on Tuesday rolled out its new Intel Core Ultra 200V line of processors as it seeks to fend off the threat of Qualcomm (QCOM) eating into its share of the laptop market. Intel’s second-gen...
Top Midday Stories: Boeing Shares Fall on Wells Fargo Downgrade; Super Micro Computer Doesn't Foresee Material Changes to Earnings Despite Filing Delay
September 04, 2024 01:57 AM AEST| By EODHDTop Midday Stories: Boeing Shares Fall on Wells Fargo Downgrade; Super Micro Computer Doesn't Foresee Material Changes to Earnings Despite
Biotech Startup Vaxcyte Is a Threat to Pfizer and Merck. A Vaccine Candidate Is Why.
September 04, 2024 01:43 AM AEST| By EODHDAt the highest dose tested, Vaxcyte’s shot elicited a stronger immune response against 18 of the 20 strains compared with Pfizer’s. Continue reading View comments
Nvidia-backed Recursion's shares fall on mixed data for rare disorder drug
September 04, 2024 01:39 AM AEST| By EODHDNvidia-backed Recursion Pharmaceuticals said on Tuesday its experimental drug to treat a rare brain-related condition was safe and tolerable in a mid-stage study, but showed mixed results for efficacy...
