News
NatWest Group Shares Plummet Following Investigation
NatWest Group shares plummet 16% after investigation into Nigel Farage's account closure reveals serious failings. Barclays also adjusts net interest margin.
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Remy Cointreau Revises Sales Forecast as Cognac Demand Drops
Remy Cointreau adjusts sales forecast after experiencing a sharp decline in sales, specifically in cognac, during the second quarter.
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Shares of Banks and Financial Institutions Flat as Consumers Pull Back on Credit-Card Spending
Consumers cutting credit-card spending causes shares of banks to remain flat, raising concerns among investors. Treasury yields near multi-year high indicate market unease. Mastercard experiences decline in shares due to potential challenges in consumer spending. Silverstein Properties undergoes leadership change for smooth transition and continued success.
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BP Partners with Tesla to Expand Electric Vehicle Charging Network
BP's EV charging business, BP Pulse, acquires Tesla's ultra-fast charging hardware units in a $100 million deal to expand its charging network. Tesla chargers will be integrated into an independent EV charging network for the first time.
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Industrial and Transportation Stocks Volatile After Q3 Earnings
Shares in the industrial and transportation sectors experienced volatility after Q3 earnings reports. Boeing registered a loss, General Dynamics delivered strong results, Ryder System struggled, Fortive projected modest growth, and Ford Motor negotiated a labor agreement.
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Hess Corp. Reports Strong Q3 Results
Hess Corp. reports impressive Q3 results with increased production and resilient financial performance despite market challenges.
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Whirlpool Corp. Reports Strong Sales Growth in Q3
Whirlpool Corp. surpasses analysts' predictions with strong Q3 performance, sees slight adjustment in full-year earnings guidance
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Airbus to Charter Low-Emission Ships for Transportation of Aircraft Subassemblies
Airbus plans to charter low-emission ships for transporting aircraft subassemblies, reducing carbon emissions by 63% by 2030.
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Defensive Stock-Market Sectors Struggling to Provide Shelter
Consumer-staples and utilities sectors struggle while tech sectors experience gains, highlighting the complexities of today's market environment.
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Thermo Fisher Scientific Stock Falls as Sales Miss Expectations
Thermo Fisher Scientific stock falls as sales miss expectations, blaming a challenging macroeconomic environment for downward guidance adjustment. Despite market conditions, CEO expresses satisfaction with team's execution and announces acquisition.
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