November 2024 – Page 152 – Best Day Investing

Bank of England policymakers speak after cutting rates

LONDON (Reuters) -The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation…

November 7, 2024

Economy

Trade barriers create financial risks, ECB’s Knot says

AMSTERDAM (Reuters) – Increasing geopolitical tensions and rising trade barriers create economic risks and make it harder to counter new shocks to the international financial system, European Central Bank governing…

November 7, 2024

Economy

Bank of England cuts rates but sees higher inflation after Reeves’ budget

By Andy Bruce, Suban Abdulla and David Milliken LONDON (Reuters) – The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future…

November 7, 2024

Economy

Developing world faces multi-billion climate adaptation cash gap, U.N. report says

By Simon Jessop LONDON (Reuters) – The amount of finance provided to developing countries to help them adapt to the impacts of climate change is far short of the $359…

November 7, 2024

Economy

Bank of England cuts base rate by 25 bps to 4.75%

Investing.com – The Bank of England cut interest rates as expected Thursday, its second reduction this year, but the future path of monetary policy looks uncertain. Policymakers voted 8 to…

November 7, 2024

Stock

Kenvue misses quarterly sales estimates on sluggish skincare sales

(Reuters) – Kenvue (NYSE:KVUE) reported third-quarter sales marginally below Wall Street estimates on Thursday, hurt by weakness in its skin health and beauty unit housing the Neutrogena and Aveeno brands,…

November 7, 2024

Stock

Novo shares hits 9-month low as 2025 guidance underwhelms

By Danilo Masoni MILAN (Reuters) – Danish drugmaker Novo Nordisk (NYSE:NVO)’s shares hit an over 9-month low on Thursday after surging more than 8% the previous day, as underwhelming guidance…

November 7, 2024

Stock

Barrick Gold misses profit estimates on higher costs, lower Nevada production

(Reuters) -Canada’s Barrick Gold (NYSE:GOLD) missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total (EPA:TTEF) gold output…

November 7, 2024

Stock

Bombardier’s third-quarter revenue rises 12% on services business boost

(Reuters) – Bombardier (OTC:BDRBF) said on Thursday its third-quarter revenue rose 12%, helped by strong demand for business jet parts and repairs. Business jet makers are increasing their order backlogs…

November 7, 2024

Stock

Playtika earnings missed by $0.07, revenue fell short of estimates

Investing.com – Playtika (NASDAQ: PLTK) reported third quarter EPS of $0.11, $0.07 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $620.8M versus the consensus…

November 7, 2024