Stocks

© Reuters. In a strategic move to improve store efficiency and customer experience, British multinational retailer Marks & Spencer (M&S) has announced plans to reduce its “full line” stores from 247 to 180 over the next five years, while concurrently expanding its food shops from 316 to 420 through the…

© Reuters. Investing.com — Here is your weekly Pro Recap of the past week’s biggest headlines in the electric vehicle space: Tesla to exercise caution, see big share drop; OSHA proposes fines on GM battery plant. As always, InvestingPro users got these headlines at lightning speed. Never miss another opportunity…

© Reuters. Commercial Metals Company (NYSE:) is due to trade ex-dividend soon, with the cut-off for eligibility set for Tuesday, October 25th. The company has announced a dividend of $0.16 per share, which is scheduled for distribution on November 9th. The current stock price of Commercial Metals stands at $40.34,…

© Reuters. Coca-Cola (NYSE:) FEMSA (KOF) has announced its intention to increase its dividend to MX$1.41 on November 13, marking a significant above-average annual payout of 4.6% of the stock price. The decision is supported by the company’s robust earnings and cash flow, ensuring sustainability and reflecting a strong commitment…

© Reuters ICICI Bank announced a record Q2 net profit of Rs 10,261 crore ($1.23 billion), marking a 35.8% increase from the previous year, propelled by business growth, improved margins and a reduction in bad loans. The surge surpassed analysts’ expectations, reflecting the bank’s robust performance under the leadership of…

© Reuters. Zurn Elkay Water Solutions Corporation (ZWS) has announced an increase of 14% to its periodic dividend, raising it to $0.08 on December 7th. This decision comes despite a below-average yield of 1.1%. The company’s last dividend was amply covered by its significant cash flow, a trend that prevailed…

© Reuters. The equity market trends for the upcoming week are expected to be influenced by a variety of factors, including quarterly earnings reports from key companies, global trends, prices, geopolitical situations like the Hamas-Israel conflict, and decisions by the European Central Bank on interest rates. Market participants, including foreign…

© Reuters. HEICO (NYSE:) Corporation’s shares have demonstrated a strong performance over the past five years, with an impressive 92% surge despite a recent 11% dip, according to data. The robust growth in the company’s business is reflected in its annual EPS growth of 9.2% and a share price rise…

© Reuters. Last week saw significant declines in U.S. equity markets, primarily driven by the potential for additional Federal Reserve rate hikes and disappointing corporate earnings results. The 10-Year Treasury Yield surged to its highest close since 2002, and the reached levels not seen since mid-March. The Equity REIT Index…

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