News
Rising Interest Rates Impact Consumer Companies
Consumer companies are facing challenges due to rising interest rates, impacting new-home sales, Unilever's marketing chief appointment, Heineken's earnings projection, and apparel retailers' challenges with Millennials.
ServiceNow Reports Strong Quarterly Revenue Growth
ServiceNow Inc. reports a remarkable surge in quarterly subscription sales, driven by AI expansion and strong performance. CEO highlights innovation.
President Biden Not Worried About Attempts to Reverse 2024 Election Results
President Joe Biden is confident that the new House Speaker will not attempt to reverse the outcome of the 2024 election. He compares the situation to his own experience in the 2020 election.
European Stocks Finish Flat
European stocks closed flat with some individual companies experiencing notable gains and losses. Currency and commodity performance also fluctuated.
Deutsche Bank Expects Increased Profits and Shareholder Returns
Deutsche Bank plans to utilize additional capital by 2025 to achieve increased profits and meet the demand for advisory services. The bank's third-quarter results align with expectations, driven by growth in corporate and private banking divisions. Staff cuts and streamlining efforts will also contribute to shareholder returns.
Ascent Resources Arbitration Decision
Shares in Ascent Resources rise by 27% after arbitration tribunal decision, resolving dispute with joint-venture partner.
House Republicans Choose Mike Johnson as Speaker Nominee
House Republicans have voted Louisiana Rep. Mike Johnson as the nominee for U.S. House speaker, following intense debates and the withdrawal of a previous candidate. The decision holds hope for unification and progress on crucial matters like supporting Israel and passing a budget.
Dassault Systemes Beats Expectations with Strong Q3 Results
Shares of Dassault Systemes increase as company reports strong Q3 results, exceeding revenue and operating profit expectations. Promising projections for Q4 and full year.
U.S. Stock Futures Show Mixed Trading
U.S. stock futures are mixed as investors await earnings reports and focus on inflation data. Technology giants Microsoft and Alphabet see mixed results.
Beach Energy Reports 10% Decrease in First-Quarter Production
Australian company Beach Energy sees a 10% decrease in first-quarter production of oil and gas due to lower gas nominations. Despite this decline, the company remains confident in future growth.