Stock market

What is PG&E Corporation's Share Price Doing?
October 02, 2024 06:30 AM AEST| By Team Kalkine MediaHeadlines,PG&E Corporation has seen significant growth in its stock price, with trading levels approaching yearly highs after a recent price bounce.,The company's price-to-earnings ratio is slightly below its industry peers, indicating that the stock...

Curbline Properties Debuts as Independent REIT Focused on Suburban Centers
October 02, 2024 06:03 AM AEST| By Team Kalkine MediaHeadlines,Curbline Properties Completes Spin-Off, Begins Trading as Independent Company,Curbline Properties Specializes in High-Income Suburban Convenience Shopping Centers,Curbline Properties Elects REIT Status, Positioned for Growth in Key U.S. Mar...

Coca-Cola Upgraded by HSBC Global Research
October 02, 2024 05:55 AM AEST| By Team Kalkine MediaHeadlines,Several financial analysts have recently provided updated ratings for Coca-Cola. Barclays increased their price target and assigned an "overweight" rating in July.,TD Cowen and Bank of America both raised their price targets for Coca-Cola,...

Geopolitical Tensions and Economic Data Weigh on Markets
October 02, 2024 05:28 AM AEST| By Team Kalkine MediaHighlights:,Geopolitical tensions between Iran and Israel have escalated concerns about global market volatility.,Stakeholders are turning to safe-haven assets like gold and Treasuries amidst growing uncertainties.,U.S. economic data and rising oil p...

DJT stock: Here’s why Trump Media shares are rising after 26% five-day gain
October 02, 2024 02:13 AM AEST| By InvezzShares of Donald Trump’s social media company, Trump Media, continued their upward momentum on Tuesday, following a substantial 26% increase over the previous five trading days. The stock, which trades under the ticker symbol DJT, gained an additiona...

Zim Integrated Shipping: Is now the time to buy ZIM stock amid port strike challenges?
October 02, 2024 12:13 AM AEST| By InvezzZim Integrated Shipping Services Ltd (NYSE: ZIM) is well-positioned to withstand the anticipated impact of the ongoing port strike, which could potentially cost the US economy up to $4 billion per day. Analyst Omar Nokta from Jefferies has reaffirmed...

Small companies poised for growth as Riksbank cuts interest rates to 3.25%
October 02, 2024 12:01 AM AEST| By InvezzThe Swedish Riksbank’s reduction of the key interest rate to 3.25% can mean great opportunities for small companies on the Stockholm Stock Exchange. Nikola Kalanoski on ABG Private Banking predicts that these companies will benefit from cheaper...

Raymond James sees opportunity in Atlassian’s cloud business: should you invest?
October 01, 2024 11:47 PM AEST| By InvezzOn October 1, analysts at Raymond James upgraded Atlassian Corp (NASDAQ: TEAM) from Neutral to Buy, keeping their price target steady at $200. Analyst Adam Tindle highlighted the growth potential of Atlassian’s cloud business, projecting mid-to...

ADNOC to acquire Covestro for $16.4 billion, expanding global chemical footprint
October 01, 2024 11:02 PM AEST| By InvezzAbu Dhabi’s state-owned oil firm, ADNOC, has agreed to acquire German chemical giant Covestro for €14.7 billion ($16.4 billion), marking a significant move in ADNOC’s international growth strategy. The 62 euros-a-share cash deal will also...

Rio Tinto’s Aluminium Operations Underlined as Significant by US Broker
October 01, 2024 10:53 PM AEST| By Team Kalkine MediaHighlights,World-Class Aluminium Assets,: Jefferies emphasizes the value of Rio Tinto's Canadian aluminium assets, highlighting them as under-appreciated within the broader market.,Growing North American Demand,: The company anticipates a 4% annual g...

Why is Assassin’s Creed maker Ubisoft facing questions about its future?
October 01, 2024 10:40 PM AEST| By InvezzUbisoft is facing mounting pressure from investors after delaying its highly anticipated “Assassin’s Creed Shadows” game by three months and reporting weaker-than-expected sales for “Star Wars Outlaws.” These setbacks have spa...

Curbline Spin-Off Complete, SITE Centers Expands REIT Focus
October 01, 2024 09:30 PM AEST| By Team Kalkine MediaHeadlines,SITE Centers announced the completion of the spin-off of Curbline Properties, which is now an independent, publicly traded company on the New York Stock Exchange under the ticker symbol CURB.,Curbline Properties focuses on owning convenienc...

Stock Futures Mixed as Strong September Boosts Market Optimism
October 01, 2024 09:23 PM AEST| By Team Kalkine MediaHeadlines,S&P 500 and Nasdaq Show Mixed Movement in Early Fourth Quarter,The stock futures saw a mixed start in the first trading day of October, with S&P 500 futures slightly down, while Nasdaq-100 futures posted a minor gain. Dow Jones futures expe...
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Futures Dip as Markets Eye Labor Data and Rate Adjustments
October 01, 2024 09:14 PM AEST| By Team Kalkine MediaHeadlines,U.S. stock futures dipped as investors awaited labor market data following recent comments on interest rates.,Modest rate reductions are anticipated by the year's end, driven by consumer spending and income data.,Labor market data and manuf...

i3 Energy’s Serenity License Extension Noted Prior to Gran Tierra Acquisition
October 01, 2024 09:13 PM AEST| By Team Kalkine MediaHighlights,Licence Extension,: i3 Energy PLC has secured an eighteen-month extension for the second term of the P2358 Licence, which includes the Serenity project, now expiring at the end of March 2026.,Development Evaluation,: The extension provides...

Pinterest added to RBC's 'Top 30 Global Ideas List', Amazon out
October 01, 2024 08:45 PM AEST| By InvestingInvesting.com -- RBC Capital Markets announced a quarterly update to its “Top 30 Global Ideas List,” adding eight new stocks, including Pinterest Inc (NYSE:PINS), while removing seven, one of them

Lunnon Metals Insiders See Partial Recovery from Losses
October 01, 2024 08:24 PM AEST| By Team Kalkine MediaHeadlines,Lunnon Metals stock experienced a 10% rise last week, allowing insiders who bought shares last year to recover some of their losses.,Insider transactions over the past year included a significant purchase by the MD & Director, signaling ini...

Robinhood expands footprint in Europe, introducing crypto transfer features for EU customers
October 01, 2024 06:21 PM AEST| By InvezzRobinhood has officially announced the expansion of its cryptocurrency services in the European Union, allowing customers to transfer cryptocurrencies in and out of its app. This move marks a significant step in the company’s international growth str...

Why global investors should tread carefully amid China’s stock market rise
October 01, 2024 05:46 PM AEST| By InvezzA 25% surge in Chinese stocks, fueled by Beijing’s recent stimulus measures, has left global money managers scrambling to gain exposure to the country’s stock market. However, despite these attractive gains, there are significant risks for investors...

PepsiCo nearing $1 billion acquisition deal for Siete Foods?
October 01, 2024 05:05 PM AEST| By InvezzPepsiCo Inc. (PEP.O) is in advanced discussions to purchase Texas-based tortilla-chip maker Siete Foods for more than $1 billion, according to sources cited by the Wall Street Journal. The Garza family, which owns and operates Siete Foods, has built...