By Bingyan Wang Evergrande Property Services Group, a subsidiary of debt-laden China Evergrande Group, released delayed earnings results that showed it swung to profit in 2022 due to lower impairment losses. Evergrande Property Services, which has been suspended from trading for over a year, released its 2022 earnings Monday after…

This is reprinted by permission from .  Conditions for first-time home buyers looked different in the first quarter of 2023 compared with one year before, but they hadn’t necessarily improved. Across the country, while active listings in the first quarter fell from the previous quarter, they remained significantly higher than…

The S&P 500 and Nasdaq Composite finished at their highest levels in more than a year on Monday, while Dow industrials scored the longest streak of gains since January, as traders awaited this week’s inflation data and central-bank decisions.What happened The S&P 500 rose 0.4% last week to end Friday…

© Reuters DA Davidson cuts estimates on Chargepoint (CHPT), maintains Buy D.A. Davidson reiterated a Buy rating on ChargePoint Holdings Inc (NYSE:) and cut their 12-month price target on the stock to $15.00 (from $18.00) after adjusting estimates through their FY25 modeling period. Analysts reduced D.A. Davidson’s top-line outlook for…

Investing.com — Oil prices rose sharply Friday after the U.S. debt ceiling deal passed through Congress, averting a default ahead of the weekend’s meeting of OPEC ministers and their allies at the weekend. By 09:00 ET (13:00 GMT), futures traded 2.3% higher at $71.69 a barrel, while the contract rose…

Investing.com – With 52% of the votes, Recep Tayyip Erdogan has been confirmed as Turkey’s president until 2028, beating opposition leader Kemal Kilicdaroglu, who garnered just under 48% of the votes, in the second round. Speaking after the victory, Erdogan, now a ‘sultan’ in Turkey for 20 years, called on…

Investing.com — Saudi Arabia vows to slash oil production from next month, while U.S. President Joe Biden signs into a law a bill that lifts the country’s debt ceiling and averts a possibly catastrophic default. Elsewhere, Apple gears up to reveal a long-awaited “mixed reality” headset. 1. Saudi output cut…

“We’ve been building more and more in harm’s way” – Sean Kevelighan, CEO of the Insurance Information Institute Here is an edited excerpt from this week’s CxO newsletter. To get this to your inbox, sign up here. The haze here in New York has lifted from the wildfires in Canada,…

Over the past decade, many countries and companies have made ambitious pledges to reach net zero greenhouse gas emissions to tackle climate change. For investors, however, the implementation of similar commitments in investment portfolios has led to some unintended outcomes. Some investors are unwilling to provide capital to high-carbon-emitting companies,…

Share to FacebookShare to TwitterShare to LinkedinIn trading on Wednesday, shares of Nike crossed above their 200 day moving average of $112.31, changing hands as high as $113.40 per share. Nike shares are currently trading up about 6.2% on the day. Start slideshow: 10 Stocks Crossing Above Their 200 Day…