Stocks
© Reuters. Treasury Wine Estates (OTC:), the Australian vintner listed on the ASX, is optimistic about its future in China as the country fast-tracks a review of antidumping tariffs on Australian wine. The company is prepared to revive its once thriving market in China if these significant setbacks are removed.…
© Reuters Investors are focusing on breakout stocks like American Eagle Outfitters (NYSE:), Inc., Rover Group, Inc., and Nu Holdings Ltd. for potential high returns, as these stocks display price oscillations within a narrow band. The strategy involves identifying optimal buying opportunities when the stock is about to break above…
© Reuters. Hong Kong’s has fallen for the third consecutive day, with a 0.6% decline on Friday, marking a weekly loss of 3.5%, the highest in two months. This comes as global funds reduce their investments in Chinese stocks amid concerns surrounding the corporate earnings season. The Tech Index also…
© Reuters. Comerica (NYSE:) Inc.’s third-quarter results, announced today, Friday, led to a 1.2% increase in premarket trading. Despite a 28% drop in net income to $251 million, the figures surpassed FactSet’s estimate of $1.69 per share. The bank also reported a decline in net interest income, which fell to…
© Reuters. FILE PHOTO: A Soviet-made retro VAZ-2101 car is on display in front of a showroom of Izh-Lada dealership in the city of Izhevsk, Russia August 19, 2022. REUTERS/Alexey Malgavko//File Photo (Reuters) – Russia’s government on Friday published a list of domestically-produced cars that state officials should buy, all…
© Reuters. DBS Group (OTC:) Holdings Ltd. confirmed on Friday that its PayLah! mobile wallet service had returned to normal operations following an interruption earlier in the day. This incident came on the heels of a more substantial outage on October 14, which was caused by a failure at a…
© Reuters Several Nifty 200 stocks reached new 52-week highs today, Friday, reflecting strong growth prospects across various sectors. Among the companies hitting record peaks were Nestle India, Colgate-Palmolive (NYSE:) (India), One97 Communications (Paytm), Ramco Cements, and Bajaj Auto. Nestle India, well-regarded for its quality and taste-oriented food and beverage…
© Reuters. Investing.com — U.S. stocks were falling on Friday, weighed by rising bond yields and concerns surrounding the escalating conflict in the Middle East. Here are some of the biggest U.S. stock movers today: American Express (NYSE:) stock fell 3.8% after the credit card giant reported third-quarter profit that…
© Reuters. In the wake of comments made by Federal Reserve Chairman Powell, U.S. bond yields spiked, only to later pull back from the crucial 5% level on Friday. The market activity was mainly driven by investors offloading long-dated U.S. government debt, prompted by worries that robust economic data could…
© Reuters. American Express Co.’s (NYSE: NYSE:) third-quarter net income for 2023 reached $2.45 billion, or $3.30 a share, surpassing the previous year’s Q3 earnings of $1.88 billion ($2.47 a share). This performance exceeded analysts’ estimate of $2.95 a share, aligning perfectly with the FactSet consensus. A key factor to…