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Rentokil upgraded as opportunity knocks

Rentokil Initial PLC (LSE:RTO) has been upgraded to ‘buy' from ‘hold' by Deutsche Bank, ahead of the US$6....

June 23, 2022, 9:17 am

Bed bath & beyond: a shot at survival

Gross margins have been negatively affected by supply chain issues. Company-owned brands penetration and declining freight rates are reasons for optim...

June 13, 2022, 9:59 am

Ford to invest $3.7b in u.s. factories, add 6,200 union jobs in push to build more evs

Ford said Thursday it will invest $3.7 billion and add more than 6,200 new union manufacturing jobs in Michigan, Ohio and Missouri as part of the auto...

June 2, 2022, 9:57 am

Ford moves to retain and expand workforce with $4.7b in investments

With so many American businesses struggling to find staff right now, it should probably come as no surprise that Ford is making a series of announceme...

June 2, 2022, 9:21 am

Yamana gold and iq-ai are top early risers on tuesday

Yamana Gold Inc shares jumped 21% to 492.5p after agreeing to be taken over by Gold Fields Limited for a valuation of US$6....

May 31, 2022, 4:20 am

Costco beats on revenues, $52.596b vs. $51.707b estimated

CNBC's Courtney Reagan joins 'Closing Bell: Overtime' to report Costco earnings. With Dan Suzuki of Richard Bernstein Advisors, Keith Lerner of Truist...

May 26, 2022, 4:55 pm

Nordstrom, inc raises its forecast; shares rise

Nordstrom, Inc. (NYSE:JWN)s (Nordstrom, Inc. (NYSE:JWN)) fiscal first-quarter sales exceeded analysts' expectations, with the company upping its full-...

May 25, 2022, 10:25 am

Multiplan corporation: adding this growing healthcare tech play to the 'bio boom' portfolio

Healthcare technology tickers have been one of the hardest-hit industries on the market and MultiPlan Corporation appears to be trading at a 70%+ disc...

May 23, 2022, 12:22 am

Rio tinto to provide up to us$400mln in interim debt funding to turquoise hill for oyu tolgoi

Rio Tinto PLC (LSE:RIO) said it agreed to provide up to US$400mln in interim debt funding to Turquoise Hill Resources Ltd (TSX:TRQ), the developer of ...

May 19, 2022, 4:18 am

Hyundai plans $7b new us plant: report

Hyundai is planning to build a huge, $7 billion electric vehicle plant in Georgia and will announce the details next week, according to a U.S. officia...

May 13, 2022, 5:35 pm

Sony pictures full-year profit swings to $1.7b; q4 snares $84m

Refresh for latest…: For the fiscal year ended March 31, 2022, Sony Pictures Entertainment saw a 172% increase in operating income to 217.4 billion ...

May 10, 2022, 4:10 am

Pfizer accused of profiteering after reporting further leap in covid vaccine sales

Pfizer Inc (NYSE:PFE) was accused of profiteering in the pandemic as it reiterated its estimate that its Covid vaccine jointly developed with BioNTe...

May 4, 2022, 4:48 am

Deutsche bank: good start to the post-restructuring period

2022 is the first year after 2019 with limited restructuring expenses for Deutsche Bank. Management reaffirmed an 8% RoTE target and a 26-2...

May 1, 2022, 9:03 am

Activision blizzard shareholders approve proposed $68.7b sale to microsoft

The deal is expected to close in fiscal year 2023, subject to customary closing conditions and the completion of a regulatory review....

April 28, 2022, 3:03 pm

Buying the dip: teladoc stock is down by 43% in premarket after a $6.67b in q1

The price of Teladoc stock has been in the red for the better of April and despite closing the market at a drop of 3.08%, it has gone ahead to registe...

April 28, 2022, 8:26 am

Just eat shares jump as it considers sale of us business grubhub

Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) is considering the sale of its US business Grubhub, which it only bought last June for US$...

April 20, 2022, 9:08 am

Lockheed martin (lmt) wins $3.27b contract for radar systems

Lockheed Martin (LMT) clinches a $3.27 billion contract for the full-rate production of AN/TPQ-53 radar systems....

April 5, 2022, 3:48 pm

Fncb bancorp: a 3.16% yield with a sub-30% payout ratio

FNCB Bancorp is the holding company of a small community bank in Pennsylvania with just under $1.7b in ...

April 4, 2022, 10:00 am

China's evergrande delays results, us$2bn seized

China Evergrande Group has delayed the publication of its annual results, with the world's most indebted property developer making the surprise discl...

March 23, 2022, 5:28 am

U.s. regulators seek more info on microsoft's $68.7b activision blizzard acquisition

The U.S. Federal Trade Commission asked Microsoft and Activision Blizzard “for additional information and documentary material” for its review of ...

March 21, 2022, 8:06 pm


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