Financial News

Ford reaffirms annual core profit outlook

Ford reaffirms annual core profit outlook

FILE PHOTO: A Ford logo is pictured at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024.…
Russian banks’ profits drop 22% m/m to $3 billion in Feb

Russian banks’ profits drop 22% m/m to $3 billion in Feb

FILE PHOTO: A view shows Russia’s Central Bank headquarters in Moscow, Russia May 7, 2023. A sign reads: «Bank of…
Spice maker McCormick beats quarterly results on steady volumes, higher prices

Spice maker McCormick beats quarterly results on steady volumes, higher prices

FILE PHOTO: McCormick & Company spices are seen on display in a store in Manhattan, New York City, U.S., March…
Carnival Corp. a top pick as Mizuho sees ‘path to higher than expected EBITDA’

Carnival Corp. a top pick as Mizuho sees ‘path to higher than expected EBITDA’

Carnival Corp. (CCL) a top pick as Mizuho sees ‘path to higher than expected EBITDA’   Analysts at Mizuho initiated…
Wolfe Research initiates MSCI stock with Peerperform rating

Wolfe Research initiates MSCI stock with Peerperform rating

  Tuesday, Wolfe Research began coverage on shares of MSCI Inc . (NYSE:MSCI), assigning a Peerperform rating to the stock.…
United Parcel Service forecasts 2026 revenue above expectations

United Parcel Service forecasts 2026 revenue above expectations

FILE PHOTO: The company logo for United Parcel Service (UPS), is displayed on a screen at the New York Stock…
AvidXchange refreshes board with two new directors

AvidXchange refreshes board with two new directors

  CHARLOTTE, N.C. — AvidXchange Holdings, Inc. (NASDAQ:AVDX), a provider of accounts payable automation software and payment solutions, has announced…
Investors file record number of climate resolutions for North American companies

Investors file record number of climate resolutions for North American companies

2/2 FILE PHOTO: People hold signs as they protest against U.S. Senator Joe Manchin (D-WV) as they blockade the Grant…
Alibaba cancels Cainiao IPO, offers buyout to shareholders

Alibaba cancels Cainiao IPO, offers buyout to shareholders

  HANGZHOU, China — Alibaba (NYSE:BABA) Group Holding Limited (NYSE: BABA and HKEX: 9988) has canceled the planned initial public…
Wells Fargo boosts Gap shares on leadership strategy success, GM expansion

Wells Fargo boosts Gap shares on leadership strategy success, GM expansion

  On Tuesday, Wells Fargo updated its financial outlook for Gap Inc. (NYSE:GPS) shares, increasing the retailer’s price target to…
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