News

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11 Dec 2024 19:19

U.S. Budget Deficit Swells to $366.8 Billion in November

Daily News

According to a report released by the Treasury Department on Wednesday, the U.S. budget deficit experienced a significant increase in November. The deficit reache...

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11 Dec 2024 18:59

Donald Trump to Be Named Time's "Person of the Year" and Ring the NYSE Opening Bell

Daily News

According to Politico, Donald Trump is expected to be named Time magazine's "Person of the Year" for 2024, and he is planned to ring the opening bell at the New Y...

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11 Dec 2024 18:33

ADM Stocks Climb with Expanded Buyback Program

Daily News

Shares of Archer-Daniels-Midland Co. (NYSE:ADM), a large global grain trader, rose on Wednesday following the announcement of an expanded share repurchase program...

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11 Dec 2024 18:19

Walgreens Stocks Dip Amid Skepticism Over Buyback Plan

Daily News

Walgreens Boots Alliance Inc. shares fell by more than 6% after analysts expressed skepticism about the likelihood of a successful acquisition by Sycamore Partner...

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11 Dec 2024 18:19

Healthcare Stocks Decline Amid Potential PBM Legislation

Daily News

Shares of leading U.S. healthcare companies fell on Wednesday amid potential legislative news targeting pharmacy benefit managers (PBMs). The proposed bill, curre...

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11 Dec 2024 18:14

Adidas Headquarters Reexamined in EU Tax Investigation

Daily News

According to reports, Adidas AG's headquarters was searched for the second consecutive day as part of an ongoing European Union tax investigation. The investigati...

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11 Dec 2024 18:11

Parex and Geopark Stocks Decline Due to Colombia's Tax Hike Plans

Daily News

Parex Resources and Geopark stocks fell on Wednesday following Jefferies’ announcement that the Colombian government is considering increasing taxes on oil and ga...

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11 Dec 2024 17:06

FDA Aims to Reduce Nicotine Levels in Cigarettes, Tobacco Stocks Decline According to NYT

Daily News

Altria Group (NYSE:MO) and Philip Morris International (NYSE:PM) shares showed a slight decline following a report that the U.S. Food and Drug Administration (FDA...

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11 Dec 2024 17:00

Rail Traffic Volume in the U.S. Increases by 4.4%

Daily News

In the week ending December 7, the total volume of rail transportation in the U.S. increased by 4.4% compared to the same week last year. According to data releas...

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11 Dec 2024 16:57

Synovus Stock Rises with Updated Q4 Guidance

Daily News

Shares of Synovus Financial Corp. (NYSE: SNV) rose by 3% today following the company's updated guidance for the fourth quarter. The regional bank is expected to p...

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11 Dec 2024 16:27

SpaceX's Valuation Soars to $350 Billion

Daily News

Elon Musk's space company SpaceX has reached a new valuation milestone of $350 billion following a secondary stock sale. The company and investors have agreed to ...

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11 Dec 2024 16:20

Pharmacy Benefit Managers Face Potential Split Legislation - WSJ

Daily News

Shares of CVS Health, Cigna, and UnitedHealth Group fell 5% following reports from the Wall Street Journal about a bipartisan group of lawmakers preparing a bill ...

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11 Dec 2024 16:16

Bank of Canada Cuts Key Interest Rate to 3.25%

Daily News

OTTAWA–To alleviate slowing economic growth and a weakening labor market, the Bank of Canada has reduced its key interest rate by half a point. The adjustment ann...

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11 Dec 2024 16:13

JetBlue to Introduce First-Class Sections on Domestic Flights by 2026

Daily News

JetBlue Airways Corp. has announced plans to add a first-class section to its domestic aircraft fleet starting in 2026. This development is part of a broader rest...

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11 Dec 2024 16:08

U.S. Car Dealers Optimistic About 2025, Pessimistic About Electric Vehicles

Daily News

According to a report released by Cox Automotive on Wednesday, U.S. auto dealers are entering 2025 with a renewed sense of optimism. This positive sentiment is la...

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11 Dec 2024 16:07

Senate Bill Aims to End Discriminatory Airline Pricing

Daily News

A new bill introduced by Republican Senator Josh Hawley aims to put an end to practices that airlines have described as "predatory" regarding ticket prices and ad...

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11 Dec 2024 16:06

ADC Therapeutics Stock Declines Following Trial Results

Daily News

LOZAN - ADC Therapeutics SA (NYSE: ADCT), a biotechnology company specializing in antibody-drug conjugates (ADCs), has reported positive preliminary results from ...

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11 Dec 2024 15:47

Hershey Trust Co. Rejects Mondelez's Takeover Bid - Bloomberg

Daily News

According to a report based on sources close to the matter, Hershey Trust Co., the primary owner of Hershey Co., has rejected a preliminary takeover offer from Mo...

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11 Dec 2024 15:24

Nvidia to Face Lawsuit After Supreme Court Denies Appeal

Daily News

The U.S. Supreme Court has decided to deny a request by Nvidia Corp., the leading chip manufacturer in the world by market value, to hear its appeal. This decisio...

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11 Dec 2024 15:20

MARKET OUTLOOK - The Stock Exchange Closed with a Sell-Weighted Trend

Daily News

Foreks - The BIST 100 index closed the day at 10,058.47 points, down by 40.56 points. According to the Foreks News survey, a decline of 31.71 points for the BIST ...

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