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Halfords boss hails software arm as bridgestone takes 5% stake

Japanese tyre giant Bridgestone is to take a 5% stake in Halford Group's Avayler business and has also signed a deal to beco...

November 1, 2023, 4:56 am

European economic news preview: uk manufacturing pmi data due

Manufacturing Purchasing Managers’ survey data from the UK is the top economic news due on Wednesday. At 3.00 am ET, UK Nationwide house price data ...

November 1, 2023, 4:56 am

Rnp: high quality 10% yield from reit exposure

Cohen & Steers REIT & Preferred Income Fund has a strong portfolio with exposure to preferred securitie...

November 1, 2023, 4:53 am

Eur/usd price analysis: hovers above the 1.0550 key level ahead of fed decision

EUR/USD consolidates ahead of the Federal Open Market Committee (FOMC) policy decision with the expectation of maintaining the current interest rate a...

November 1, 2023, 4:44 am

Enterprise products partners: steady as it goes

Enterprise Products reported solid Q3 earnings, with EBITDA exceeding consensus estimates and strength across all business lines. The company plans to...

November 1, 2023, 4:42 am

Asos posts £297 million loss, plans massive discounting but slow sales expected

ASOS PLC (LSE:ASC) shares headed lower again after the online fashion retailer confirmed much larger losses for the past year and painted a mixed pi...

November 1, 2023, 4:41 am

Leggett & platt: the 7.7% dividend may not be worth it after the poor q3

Leggett & Platt's Q3 results showed a decline in revenue and EPS due to weak demand for their products, particularly in the Bedding and Furniture segm...

November 1, 2023, 4:36 am

Mapfre: a 7.8% dividend yield and a 20% discount to book value

I expect Mapfre, a Spanish insurance company, to generate EPS of 0.23-0.24 EUR and maintain a stable dividend of 15 cents per share. The company repor...

November 1, 2023, 4:30 am

Xlu: higher rates hurt

Utilities sector is no longer boring, predictable, or safe due to climate change and energy transition. Utility stocks still have room for a price cor...

November 1, 2023, 4:22 am

Aviat networks: attractive nec transaction is priced in

Aviat Networks has found success in the network solutions market, achieving profitability and organic growth after poor long-term financials. The comp...

November 1, 2023, 4:17 am

Scancell melanoma trial data chosen for poster presentation at sitc

Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) told investors that it has been selected for a poster presentation of data from the first stage of its Pha...

November 1, 2023, 4:16 am

Has the eur/usd bottomed out?

Summary The EUR/USD was up for the third consecutive day despite the release of even more disappointing Eurozone data. Unless it finishes today’s se...

November 1, 2023, 4:14 am

Jubilee metals bolstered by new supply agreements

Jubilee Metals chief executive Leon Coetzer said the tailings processing specialist delivered a strong operational performance in the first quarter of...

November 1, 2023, 4:13 am

Is wework soon to become wefailed with office group reportedlu ready to file for bankruptcy?

Once a high-flying office-sharing enterprise valued at £38.7 billion, WeWork Inc (NYSE:WE) is reportedly on the brink of filing for bankruptcy, possi...

November 1, 2023, 4:13 am

Dick's sporting goods: tackling industry challenges amidst alarming retail trends

Recent disappointing earnings for DKS, driven by inventory shrinkage and rising costs, reflect broader industry challenges. Direct to Consumer trends ...

November 1, 2023, 4:09 am

Covenant logistics named 2023 top company for women to work for in transportation for third consecutive year

CHATTANOOGA, Tenn., Nov. 01, 2023 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc. (Covenant) is proud to announce that it has been recognized for ...

November 1, 2023, 4:01 am

Astrazeneca inks gene editing deal that could end up costing it $2.5bn

AstraZeneca PLC (LSE:AZN) has entered into a partnership and investment deal with French gene editing specialist biotech firm Cellectis (NASDAQ:CLLS) ...

November 1, 2023, 3:59 am

Usd/jpy retreats from the yearly high, hovers above 151.00

USD/JPY strengthened as the BoJ scrapped the 1% ceiling for the 10-year government bond yield. BoJ Governor Ueda expressed fear about inflation not re...

November 1, 2023, 3:59 am

Texas instruments: better than tsmc

Texas Instruments is a safer investment than TSMC due to geopolitical risks surrounding Taiwan and growing US-China tensions. Texas Instruments focuse...

November 1, 2023, 3:51 am

Pound sterling price news and forecast: gbp/usd remains on the defensive below 1.2150

In Tuesday’s session, the GBP/USD traded in the 1.2120 – 1.2200 range, closing with mild losses around 1.2150. On the USD side, it gained momentum...

November 1, 2023, 3:44 am


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