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Forexlive americas fx news wrap 20 sep: fed keeps steady but shifts to higher for longer

US stocks not happy with "higher for longer" from the FedA summary of the Fed Chair Q&A comments by topicHighlights from the Fed Chair Powells press c...

September 20, 2023, 9:08 pm

The fomc keeps the target fed funds range at 5.25% to 5.50%

The Fed kept rates unchanged at the September 2023 meeting.Highlights:Target rate 5.25% – 5.5%2023 end of year target rate: 5.6%, unchanged from Jun...

September 20, 2023, 6:00 pm

Kb home 3q financial results beat estimates on steady demand, higher deliveries

KB Home (NYSE:KBH) after Wednesday's close reported third quarter 2023 adjusted earnings per share (eps...

September 20, 2023, 4:47 pm

Fedex shares rise as company delivers 1q earnings beat

Shares of FedEx (NYSE:FDX) rose in after-hours trade as the transportation services provider delivered first quarter fiscal 2024 earnings that toppe...

September 20, 2023, 4:34 pm

Exclusive: repsol challenges venture global lng over failure to supply gas

Spain's Repsol SA has asked an international tribunal to require U.S. gas exporter Venture Global LNG t...

September 20, 2023, 3:23 pm

Cgc stock alert: canopy growth preps for the resale of 45 million shares

The cannabis market is one that's starting to look a bit more bifurcated. Shares of many index funds tracking this sector are up big this year on some...

September 20, 2023, 3:08 pm

Apogee (apog) q2 earnings top estimates, fy24 eps view rises

Apogee (APOG) Q2 results reflect gains from growth in the Architectural Glass segment, offset by lower volumes in Architectural Services and Architect...

September 20, 2023, 1:32 pm

Pml: the macro-environment keeps pressuring this option

PIMCO Municipal Income Fund II is evaluated as an investment option at its current market price. The fund's income metrics are poor, and an income cut...

September 20, 2023, 1:06 pm

Honeywell: unimpressive growth outlook makes the company a little expensive

Honeywell's revenue and eps growth have been underwhelming, making the company slightly overpriced and ...

September 20, 2023, 11:54 am

Costco likely to reveal 4q recovery next week

Costco Wholesale Corporation (NASDAQ:COST) is expected to report a rise in top-line and bottom-line growth when it releases its fourth-quarter earning...

September 20, 2023, 11:44 am

Bp appoints kate thomson as interim cfo in leadership reshuffle

Kate Thomson, who has been serving BP for nearly two decades, steps in as the new interim CFO post the ...

September 20, 2023, 9:46 am

Ovid therapeutics to present at the 2023 cantor fitzgerald global healthcare conference

NEW YORK, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (NASDAQ: OVID), a biopharmaceutical company committed to developing medicines that...

September 20, 2023, 7:30 am

Pearson falls as ceo steps down

Shares in Pearson PLC (LSE:PSON) fell 5% after it announced a change at the top, with Andy Bird having decided to retire and replacement broght in fr...

September 20, 2023, 5:23 am

Precious-gold stalls as fed caution keeps investors at bay

“Thus far, real Treasury yields have remained elevated in the lead-up to the upcoming Fed meeting, which reflects broad positioning in place for a h...

September 20, 2023, 4:14 am

Merck: secure a safe 8% annualized return for the next decade

Merck's strong performance in the past two years, driven by Keytruda and Lagevrio, has outperformed the market by an impressive 52%. MRK's acquisition...

September 20, 2023, 4:13 am

Instacart's ipo gave investors 'everything they wanted', says venture capital firm

Rashaun Williams of Manhattan Venture Partners shares what he liked about Instacart's IPO and why other start-ups might struggle to follow in their fo...

September 20, 2023, 3:01 am

Pepsico's growth still makes the expensive p/e hard to swallow

PepsiCo is a great growth company with a high valuation, trading at 31.5x TTM P/E. The latest Q2 2023 r...

September 19, 2023, 11:32 pm

Fed creeps toward next phase in its fight against inflation

The Federal Reserve is unlikely to declare victory this week. But investors will watch for any hint that the end to rate increases is coming. Read Ful...

September 19, 2023, 6:29 pm

Biden admin pulls back on sending reps to detroit to aide uaw negotiations; more plants expected to strike friday if progress isn't made

The Biden administration has nixed plans to send government officials to Detroit this week in an effort to help facilitate a deal between the United A...

September 19, 2023, 4:49 pm

Oil price outlook: brent, wti crawl higher with $100 in sight

Oil markets maintain the current bullish structure but intra-day developments hint at a pullback. However, a tight oil market and robust demand ke...

September 19, 2023, 3:16 pm


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