Financial Results from THY and ISCTR, Revision from CCOLA, and Foreign Investment from IHLAS: Latest Updates from BIST Companies

You can find our updated summary of company news based on the announcements made by companies listed on Borsa Istanbul in the continuation of our content.

THY an...

Fed Prepares to Cut Interest Rates by 25 Basis Points

Forex - Due to inflation continuing to progress towards the 2% target, Fed officials are expected to cut interest rates by a quarter percentage point at the Feder...

STOCK VALUATION - Deniz Invest maintains target price for TOASO-Tofaş at 357.7 TL, keeps recommendation as "under review"

Forex -

Nvidia to Replace Intel in the Dow Jones Industrial Average

Nvidia will replace rival chip manufacturer Intel (NASDAQ: INTC) in the Dow Jones Industrial Average. Intel shares fell by 1% in after-hours trading on Friday, wh...

Hisense Aims to Become the Top TV Seller in the U.S. Within 2 Years

Hisense, the China-based home appliance manufacturer, aims to become the number one TV seller in the U.S. within two years. To strengthen its brand in the U.S., t...

Exxon and Chevron Surpass Q3 Profit Estimates with Increased Oil Production

In the latest financial update, Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) have announced that they exceeded third-quarter profit expectations. The companies a...

Nintendo Downgrades Sales and Operating Profit Forecast for Switch

Foreks - Nintendo has lowered its Switch sales forecast for the fiscal year ending March 2025 due to decreased demand. The Japanese gaming giant stated it expects...

Earnings Call: Tennant Company Reports Strong Growth Despite Challenges

Tennant Company (TNC), a global leader in designing, manufacturing, and marketing solutions for redefining the cleaning of the world, reported a 3.6% increase in ...

STOCK VALUATION - Ak Investment Reduces Target Price for CCOLA - Coca Cola İçecek from 90 TL to 81 TL, Maintains "Outperform" Recommendation

Forex, also known as foreign exchange, is the global marketplace for trading national currencies against one another. It is one of the largest financial markets i...

Maersk Reports Strong Q3 Performance and Raises Year-End Expectations

A.P. Møller - Maersk (MAERSKb.CO) reported strong financial results for the third quarter of 2024. The company achieved EBITDA of $4.8 billion and EBIT of $3.3 bi...

Energisa CEO Pınar: "We are on track to meet our investment targets for 2024"

Foreks - Turkey's leading electricity distribution, retail sales, and customer solutions company Enerjisa Enerji (IS:ENJSA) has announced its financial results fo...

Amerigo Resources Reports Strong Q3 2024 Results

Amerigo Resources (ARG: TSX) reported strong financial and operational results for the third quarter of 2024 during its earnings call on October 30, 2024. Led by ...

STOCK EVALUATION - Ak Investment Maintains Target Price of 515 TL and "Outperform" Rating for THYAO-THY

Forex -

Panasonic Maintains Steady Growth Amid Market Challenges

Panasonic Corporation (6752.T) recently detailed its performance for the second quarter of the fiscal year 2025, ending September 30, 2024, during an earnings cal...

STOCK EVALUATION - Ak Investment Reduces Target Price for TOFAS (TOASO) from 440 TRY to 345 TRY, Maintaining "Outperform" Recommendation

Forex -

Silvercrest Reports Growth Amid Strategic Expansions

Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) reported a year-over-year increase of 13% in assets under management (AUM), reaching $35.1 billion in the t...

STOCK VALUATION - Ak Investment Lowers Target Price for ISCTR - İş Bank to 17 TL from 20 TL, Maintains "Outperform" Rating

Forex -

Amazon's Q3 2024 Earnings Report: Strong Growth, Artificial Intelligence, and AWS Surge

On October 31, 2024, Amazon.com Inc (NASDAQ: AMZN) announced its financial results for the third quarter of 2024. The company reported revenue of $158.9 billion, ...

STOCK VALUATION - Vakıf Investment Lowers Target Price for ISCTR - İş Bank to 16.5 TL from 17.6 TL, Maintains "Buy" Recommendation

Forex -

Earnings Call: Interface Inc. Reports Strong Q3 Growth, Raises Outlook

Interface Inc. (TILE), a global commercial flooring company, reported strong financial results in its Q3 2024 earnings call, with CEO Laurel Hurd and CFO Bruce Ha...

STOCK EVALUATION - Vakıf Investment Maintains Target Price of 430 TL and "Buy" Recommendation for THYAO-THY

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