European stocks edge higher; U.K. GDP offers hope of future growth
European stock markets traded higher Thursday, helped by signs of U.K. growth ahead of the release of key U.S. consumer…
Oil falls after Saudi pledge; investors keep wary eye on Israel
(Reuters) – Oil prices fell on Wednesday, as fears of disruption to supplies due to conflict in the Middle East…
Boeing called a buy after Q3 delivery numbers: 5 big analyst picks
Boeing started with Buy rating at UBS UBS initiated coverage on Boeing (NYSE:BA) with a Buy rating on Wednesday with…
Italian union cuts annual production forecasts for Stellantis
Italy’s FIM Cisl union on Wednesday revised its vehicle production outlook for Stellantis (NYSE:STLA) in Italy for the current year…
Morgan Stanley Downgraded to Neutral by UBS Amid Challenging Revenue Conditions
UBS analyst Brennan Hawken has downgraded the stock rating of Morgan Stanley (NYSE:MS) from buy to neutral today, Wednesday. This…
Birkenstock to list shares after raising $1.5 billion in initial public offering
Birkenstock is set to debut on the New York Stock Exchange on Wednesday after the German shoemaker priced its shares…
Insurer Humana’s longtime CEO Broussard to step down next year
(Reuters) – Humana (NYSE:HUM) CEO Bruce Broussard will step down in the second half of 2024 after more than a…
Apple: Wait times for high-end iPhone 15s have compressed recently – UBS
High-end demand for Apple’s (NASDAQ:AAPL) iPhones in the U.S. and China has shown signs of softening, while Europe doesn’t present…
JPMorgan executes first blockchain-based collateral settlement for BlackRock
In a pioneering move, JPMorgan Chase & Co (NYSE:JPM) has utilized its blockchain technology to execute a collateral settlement for…
Hedge funds expected to ramp up returns on higher rates – BNP survey
(Reuters) – Investors expect hedge funds to produce higher returns with the prospect of interest rates staying higher for longer,…