News

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04 Apr 2025 04:01

Disney Establishes New Unit for AI and Augmented Reality Integration

Daily News

Walt Disney Co. (NYSE:DIS) has established a new business unit dedicated to integrating artificial intelligence (AI) and augmented reality technologies across var...

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04 Apr 2025 04:01

Entegris Reports Mixed Q3 Results, Remains Optimistic for 2025

Daily News

At the recent 2024 Third Quarter Earnings Conference, Entegris reported revenue of $808 million, marking a 7% year-over-year increase when excluding divestitures,...

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04 Apr 2025 04:01

Boeing Offers 38% Salary Increase to End Strike

Daily News

Boeing CEO Kelly Ortberg has called on the company’s 33,000 striking workers to consider a new contract proposal that promises a significant pay raise. The propos...

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04 Apr 2025 04:01

Toyota's Profit Expected to Decline for the First Time Since Q2 2022

Daily News

When Toyota Motor reports its second-quarter earnings on Wednesday, it is expected to record its first profit decline in the last two years, highlighting a coolin...

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04 Apr 2025 04:01

Wayfair's Resilient Performance in Q3 Despite Market Challenges

Daily News

In a challenging economic environment, Wayfair Inc. (NYSE: W), an e-commerce company specializing in home goods, has announced its financial results for the third...

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04 Apr 2025 04:01

KPMG Cuts 4% of Its Audit Staff in the U.S.

Daily News

According to a report based on sources familiar with the matter, KPMG International Ltd. laid off approximately 330 employees last week, representing about 4% of ...

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04 Apr 2025 04:01

Westwood Holdings Reports Growth and Positive Outlook

Daily News

Westwood Holdings Group, Inc. (NYSE: WHG) reported a significant increase in total assets under management (AUM) during its Third Quarter 2024 Earnings Conference...

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04 Apr 2025 04:01

Weekly Steel Production Decreased in the U.S.

Daily News

Foreks - Raw steel production in the U.S. showed a weekly decrease. According to data released by the American Iron and Steel Institute (AISI), raw steel producti...

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04 Apr 2025 04:01

Shore Capital and Silver Lake Approaching $8.6 Billion Pet Care Merger

Daily News

A significant development is taking place in the pet care industry. Private equity firm Shore Capital Partners is in discussions with Silver Lake Management to or...

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04 Apr 2025 04:01

Australian Central Bank Keeps Interest Rates Steady in Line with Market Expectations

Daily News

Forex - The Reserve Bank of Australia (RBA) has indicated that its primary focus is to sustainably bring inflation back to target, aligning with market expectatio...

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04 Apr 2025 04:01

Havertys Reports Sales Decline Amid Cautious Consumer Climate in Q3

Daily News

In the 2024 Third Quarter Earnings Call, leading home furniture retailer Havertys (NYSE: HVT) reported declines in sales and earnings per share. The company's con...

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04 Apr 2025 04:01

Prime Minister Li: China is Confident in Achieving This Year's GDP Growth Target and Future Economic Outlook

Daily News

Forex - The Chinese Prime Minister reiterated that the country is expected to achieve its economic growth target of “around 5%” this year, given the positive mome...

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04 Apr 2025 04:01

IMF Predicts Mexico's Growth Will Slow to 1.5%

Daily News

The International Monetary Fund (IMF) has projected that Mexico's economic growth will slow to around 1.5% this year and is expected to fall to 1.3% by 2025. The ...

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04 Apr 2025 04:01

Banking Policy Institute/Nelson: Fed May Shift Its Wording on Inflation Outlook

Daily News

Forex - Analysts expect a quiet quarter-point rate cut in the U.S. this week, but Bill Nelson, Chief Economist at the Bank Policy Institute, stated that the Fed m...

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04 Apr 2025 04:01

Earnings Report: Renesas Anticipates Revenue Decline Due to Inventory Issues

Daily News

Leading semiconductor manufacturer Renesas Electronics Corporation (TSE: 6723) projected a significant revenue decline in its Fiscal Year '24 Q3 Earnings Announce...

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04 Apr 2025 04:01

HSBC Maintains Expectation That TCMB Will Not Change Interest Rates Until 2025

Daily News

Forex - Following the inflation data for October released by the Turkish Statistical Institute (TÜİK) yesterday, HSBC stated that they continue to predict that th...

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04 Apr 2025 04:01

FERC Explores Co-location of Data Centers at Power Plants

Daily News

The Federal Energy Regulatory Commission (FERC) held a technical conference on Friday to discuss the impacts of constructing data centers at sites of U.S. power p...

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04 Apr 2025 04:01

China's Service Sector Activity Sees Accelerated Growth

Daily News

Forex - Service sector activity in China accelerated and grew at the beginning of the fourth quarter. The Caixin Services Purchasing Managers' Index, prepared by ...

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04 Apr 2025 04:01

Earnings Call: TMX Group Reports Strong Q3 with Strategic Acquisitions

Daily News

TMX Group Limited (TMX:X), the operator of the Toronto Stock Exchange, reported a strong financial performance for the third quarter of 2024. The company's revenu...

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04 Apr 2025 04:01

Inflation Slows Down in South Korea; Room for Interest Rate Cuts Emerges

Daily News

Forex - South Korea's headline inflation fell to its lowest level in 45 months in October, strengthening the case for the Central Bank to continue lowering intere...

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04 Apr 2025 04:01

Morguard REIT Reports Strong Q3 Results for 2024

Daily News

Morguard Real Estate Investment Trust (REIT), a leading player in the real estate sector, has announced strong financial results for the third quarter of 2024. In...

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