Barclays upgrades GM, Ford to Overweight on ‘historically cheap valuation’

Barclays upgraded Detroit automakers, General Motors (NYSE:GM) and Ford (NYSE:F) to Overweight ratings (From Equal-weight) as the companies move past…

US Senator Schumer urges FTC to probe Exxon, Chevron mega-deals

(Reuters) – U.S. Senate Majority Leader Charles Schumer on Wednesday urged the U.S. Federal Trade Commission to consider possible anti-competitive…

Universal Display Earnings: What To Look For From OLED

OLED provider Universal Display (NASDAQ:OLED) will be announcing earnings results tomorrow afternoon. Here’s what investors should know. Last quarter Universal…

Wall St rises ahead of Fed policy decision

(Reuters) – Wall Street’s main stock indexes rose on Wednesday as investors looked forward to the Federal Reserve’s monetary policy…

Yum Brands results beat as Taco Bell promotions draw customers

(Reuters) – Yum Brands topped Wall Street estimates for third-quarter results on Wednesday as a reboot of popular menu items…

Humana shares fall as reaffirmed 2023 profit view disappoints

(Reuters) -Humana on Wednesday beat third-quarter profit estimates on a better-than-expected performance in its government-backed insurance plans, but disappointed the…

Gold supported in 2024 by bets on monetary policy easing, Mid-East war risks: Reuters poll

(Reuters) – Gold prices will rise in 2024 from this year’s average on bets that global central banks would start…

Norwegian Cruise downgrades 2023 profit target on higher costs, Israel war

(Reuters) – Norwegian Cruise Line Holdings on Wednesday warned of a hit to its annual profit from elevated fuel costs…

Volkswagen not planning next gigafactory site at present -Blume

(Reuters) – German car group Volkswagen (ETR:VOWG_p) has no plans for another battery factory site at present, Chairman Oliver Blume…

Ferrari has no current plans to move registered office from the Netherlands

(Reuters) – Luxury sports carmaker Ferrari (NYSE:RACE) has no plans to transfer its registered office from the Netherlands at the…