News

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23 Oct 2024 04:00

Intriguing Call from BofA's Moynihan: Fed Should Exercise Caution in Rate Cuts

Daily News

Bank of America CEO Brian Moynihan urged Federal Reserve policymakers to exercise caution regarding the extent of interest rate cuts. In an interview with Bloombe...

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23 Oct 2024 04:00

Proposed $280 Billion Market Stabilization Fund Set to Steady China's Stock Exchange

Daily News

The Financial and Banking Institute, a Chinese policy think tank, has called for the issuance of 2 trillion yuan (280 billion dollars) in special treasury bonds t...

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23 Oct 2024 03:55

Headline: "S&P Global Elevates Costa Rica's Credit Rating Outlook"

Daily News

S&P Global, the international credit rating agency, has affirmed Costa Rica's credit rating and revised its outlook upwards due to potential improvements in its e...

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23 Oct 2024 03:50

Headline: ECB's Villeroy: Monetary Policy Stays Ahead of the Curve

Daily News

François Villeroy de Galhau, a member of the European Central Bank's Governing Council and Governor of the Bank of France, stated that the ECB's monetary policy i...

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23 Oct 2024 03:15

Headline: ECB/Centeno: Incoming Data to Dictate the Magnitude of Rate Moves

Daily News

European Central Bank Governing Council member and Portuguese Central Bank President Mario Centeno stated that incoming data will determine the scope of the ECB's...

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23 Oct 2024 00:05

Headline: Starbucks Disappoints: Earnings Lag at $0.23, Falling Short of Expectations

Daily News

Starbucks (NASDAQ: SBUX) reported fourth-quarter earnings per share of $0.80, falling short of analysts' expectations of $1.03 by $0.23. The reported revenue for ...

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22 Oct 2024 22:10

Eurofins Remains Optimistic Despite Third Quarter Weakness, Sets Sights on Long-Term Growth

Daily News

Eurofins Scientific SE (ERF.PA), a global leader in bioanalytical testing, reported mixed performance in its 2024 Nine-Month Trading Update for the third quarter ...

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22 Oct 2024 22:06

HealthStream Reports Robust Q3 Growth and Sets Sights on Future Expansion

Daily News

HealthStream (HSTM), a provider of workforce and provider solutions for the healthcare sector, demonstrated strong performance in the third quarter of 2024. The c...

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22 Oct 2024 22:06

Headline: "Starbucks Suspends Annual Outlook Amidst Corporate Transition"

Daily News

Starbucks Corp (NASDAQ:SBUX) announced on Tuesday that it has withdrawn its annual financial forecast. This decision comes as Brian Niccol assumes the role of CEO...

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22 Oct 2024 22:06

Headline: Rising U.S. Bond Yields Unsettle Asian Investors

Daily News

Asian markets are facing a new wave of investor anxiety as U.S. bond yields rise and the dollar strengthens. The yield on the 10-year U.S. Treasury note exceeded ...

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22 Oct 2024 22:05

Headline: Flexsteel Reports Robust Growth in Q1 FY2025 Earnings Call

Daily News

Leading furniture manufacturer Flexsteel Industries (NASDAQ: FLXS) reported significant increases in net sales and profitability during its Q1 FY2025 Earnings Cal...

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22 Oct 2024 22:05

Headline: Community Financial Systems Reports Steady Growth in Q3

Daily News

Community Financial Systems Incorporated, a diversified financial services company, reported a robust performance for the third quarter of 2024. The company's pre...

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22 Oct 2024 22:04

"3M Boosts EPS Forecast Following Third Quarter Performance Surge"

Daily News

On October 22, 2024, 3M (NYSE: MMM) reported a positive third-quarter earnings statement. The company's non-GAAP earnings per share rose by 18%, while organic rev...

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22 Oct 2024 22:03

Headline: Pentair Elevates 2024 Earnings Per Share Guidance Amid Robust Performance Environment

Daily News

Pentair PLC (PNR), a global leader in water treatment and sustainable solutions, reported strong third-quarter performance despite a slight decline in sales in it...

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22 Oct 2024 22:02

Earnings Report: KREF Reports Loss in Q3 but Sees Growth in Loan Portfolio

Daily News

KKR Real Estate Finance Trust Inc. (KREF) reported a GAAP net loss for the third quarter of 2024 but highlighted a growing real estate loan portfolio and increase...

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22 Oct 2024 22:00

Headline: Nucor Reports Resilient Q3 Earnings and Optimism for Growth

Daily News

Leading steel manufacturer Nucor Corporation (NYSE: NUE) reported a robust performance in the third quarter of 2024, achieving $869 million in EBITDA and adjusted...

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22 Oct 2024 22:00

Earnings Call: A.O. Smith Unveils Mixed Q3 Results Amid Global Challenges

Daily News

A.O. Smith Corporation (AOS), a leading manufacturer of water heaters and boilers, reported mixed results in its third-quarter earnings call on October 25, 2024. ...

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22 Oct 2024 21:54

Earnings Call: Polaris Reports Strategic Inventory Reductions Amid Decline in Sales

Daily News

During Polaris Inc.'s recent 2024 Third Quarter Earnings Conference Call, executives discussed the company’s 23% decline in sales and its strategic response to a ...

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22 Oct 2024 21:52

Headline: "Hexcel Corp Reports Growth Despite Supply Chain Challenges"

Daily News

Hexcel Corporation (NYSE: HXL), a leading producer of advanced composite materials, held its Third Quarter 2024 Earnings Conference Call. The company reported sal...

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22 Oct 2024 21:51

Earnings Call: ESRT Unveils Strong Q3 2024 Results, Raises Guidance

Daily News

Empire State Realty Trust (ESRT) demonstrated a robust financial performance that exceeded consensus expectations in its 2024 Third Quarter Earnings Call. The rea...

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22 Oct 2024 21:50

Headline: Freeport-McMoRan Announces Strong Q3 Results, Surpasses Sales Guidance

Daily News

Leading international mining company Freeport-McMoRan Inc. (NYSE:FCX) announced strong financial and operational results during its 2024 Third Quarter Conference ...

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