Tecnoglass Adjusts Revenue Outlook, Shares Fall
Tecnoglass shares decline after adjusting revenue outlook. Q3 financial results exceeded expectations. Adjusted revenue range for 2023.
Paramount Global Stock Downgraded as Asset Sales Delayed
BofA Securities analyst downgrades Paramount stock due to delayed asset sales and challenging macro backdrop, impacting stock's value and outlook.
Intel CEO Purchases Large Block of Company Shares
Intel stock has surged this year, and CEO Pat Gelsinger's recent purchase of Intel shares shows his confidence in the company. Gelsinger acquired 6,775 shares on the open market and received an additional 6,779 shares through stock units. T...
UBS Third-Quarter Results: What to Expect
Analysts predict UBS will report higher revenue and a net loss for the third quarter. Key factors to monitor include business integration, momentum, and UBS's plans for non-core businesses.
Telecom Italia shares decline after Vivendi challenges KKR's offer
Telecom Italia shares decline after major shareholder, Vivendi, challenges board's approval of KKR's offer for fixed-network assets
Westpac Announces Increase in Annual Net Profit and Launches Share Buyback
Westpac, one of Australia's major banks, reports a 26% rise in annual net profit and launches a share buyback program worth AUD 1.5 billion. The bank attributes its success to growth in key divisions and aims to optimize operational efficie...
Iowa Governor Kim Reynolds Endorses Ron DeSantis for President
Iowa Governor Kim Reynolds endorses Ron DeSantis for president in the 2024 Republican primary, breaking tradition and boosting his campaign. Trump campaign criticizes Reynolds' endorsement. DeSantis works to position himself as an alternati...
Long-Term U.S. Treasury Yields Set for Significant Weekly Drop
Long-term U.S. Treasury yields are set to experience their largest weekly drop since March 2020 and November of last year due to concerns about the slowing U.S. economy. This decline comes after reaching their highest levels in several year...
Streaming Video Stocks See Broad Rally
The streaming video industry saw a significant boost in the stock market, with Warner Bros. Discovery, Walt Disney Co., Netflix, Paramount+, Roku Inc., and FuboTV Inc. all experiencing gains.
Exelon Reports Slight Increase in Third-Quarter Earnings
Exelon, the Chicago-based utility company, reports a slight increase in Q3 earnings, with revenues surpassing estimates. The company's commitment to sustainable energy and strategic projects highlights its innovation and forward-thinking ap...