November 2024 – Page 154 – Best Day Investing

Italy’s Banco BPM bids for asset manager Anima, lifting shares in both

By Valentina Za and Andrea Mandala MILAN (Reuters) – A bid by Italy’s third-largest bank Banco BPM to acquire full control of Anima Holding drove shares in the fund manager…

November 7, 2024

Stock

Air France-KLM warns of higher annual costs after Q3 profit miss

By Elviira Luoma (Reuters) -Air France-KLM reported a bigger-than-expected drop in its quarterly operating result on Thursday, impacted by the Paris Olympic Games and higher unit costs. The French-Dutch airline…

November 7, 2024

Stock

Nippon Steel seeks to close US Steel deal before Trump returns to White House

By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) -Japan’s Nippon Steel hopes to close its $15 billion deal to buy US Steel by year-end before Republican Donald Trump retakes the…

November 7, 2024

Stock

Qualcomm jumps on better-than-feared Q4 results and guidance; unveils buyback plan

Investing.com — Qualcomm (NASDAQ:QCOM) delivered better-than-expected guidance following fiscal fourth-quarter results that topped Wall Street estimates and chipmaker announced a new $15 billion stock buyback program as smartphone chip demand…

November 7, 2024

Economy

Norway keeps interest rate at 16-year high, says restrictive policy needed

By Terje Solsvik and Gwladys Fouche OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts…

November 7, 2024

Economy

Malaysia central bank to ensure stability amid global volatility, governor says

KUALA LUMPUR (Reuters) – Narrowing interest rate differentials between Malaysia and major economies is good for Malaysia’s ringgit, despite greater volatility in global markets following the U.S. election, Malaysia’s central…

November 7, 2024

Economy

Swedish central bank trims rates by 50 basis points, sees more cuts ahead

STOCKHOLM (Reuters) -Sweden’s central bank cut its key interest rate to 2.75% from 3.25% on Thursday, as expected, and said that if the economic and inflation outlooks remain the same…

November 7, 2024

Economy

Futures higher after stocks soar on Trump win; Fed ahead – what’s moving markets

Investing.com – US stock futures climb after equities on Wall Street soared to record highs in the wake of Donald Trump’s victory in the US presidential election. Trump’s Democratic opponent Kamala…

November 7, 2024

Stock

Earnings call: Seanergy Maritime reports strong Q3 performance, growth strategy

In a recent earnings call, Seanergy Maritime (NASDAQ:SHIP) Holdings Corp. (NASDAQ: SHIP) announced a robust financial performance for the third quarter of 2024, showcasing a significant improvement with a net…

November 7, 2024

Stock

Earnings call: IFF raises full-year guidance after strong Q3 results

International Flavors & Fragrances Inc. (IFF), a leading innovator in taste, scent, and nutrition, has reported a robust third-quarter performance for the year 2024, leading to an increase in its…

November 7, 2024