We recently noticed that Moncler’s stock price (OTCPK:MONRF) has underperformed the market (Fig 1), and this was due to a few sell-side analysts who started cutting the company’s target price. The group has strong market positions in outerwear and a top-performing team that has successfully implemented product diversification to reduce…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A rescue bid for French IT services group Atos led by its largest shareholder has collapsed, casting the future of the troubled group into doubt once again. Atos said on Wednesday that…

By Karen Brettell NEW YORK (Reuters) – The dollar gained on the euro and pared losses against the yen on Wednesday after Federal Reserve Chair Jerome Powell said that a rate cut in March was not the U.S. central bank’s “base case.” It came after the Fed offered a neutral…

(Reuters) – Foreign investors increased their purchases of Japanese stocks last week as easing concerns over the Bank of Japan’s (BOJ) potential policy shift buoyed market sentiment. According to data from Japanese exchanges, foreigners accumulated a net 817.43 billion yen ($5.44 billion) of local stocks in the week to Feb.…

Rhode Island made news this month when it became the twentieth state to establish a state-facilitated retirement savings program and the seventeenth to do so with an auto-IRA model. This action by the Rhode Island legislature means every state in New England, except New Hampshire, will now offer a state-facilitated…

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Missouri Attorney General Andrew Bailey announced that the U.S. District Court for the Eastern District of Missouri granted his motion to block what he called President Biden’s latest illegal student loan handout scheme. Bailey said that Congress never gave Biden the authority to saddle working Americans with half-a-trillion dollars in…

The high interest rate environment has done little to dampen the appetite for credit products, a recent TransUnion report said.  The report said that in the first quarter of 2024, when counted together, consumers had more than 543 million bank cards in their wallets, an increase of 20 million year…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseJulian Assange has reached a plea deal with US prosecutors that would end the WikiLeaks founder’s long-running legal saga over leaked documents and ultimately allow him to walk free…

By Ketki Saxena Investing.com – The weakened against its US counterpart today, hit by risk-off sentiment after Microsoft (NASDAQ:) and Alphabet (NASDAQ:) earnings disappointed, and following a less-dovish-than-hoped-for Fed. A rate decision from the US Federal Reserve was the main driver of action for the USDCAD pair today, overshadowing a…