2024 – Page 32 – Best Day Investing – Investing and Stock News

General Mills to acquire Whitebridge Pet Brands for $1.45 billion

(Reuters) -General Mills said on Thursday it would buy Whitebridge Pet Brands’ North American premium cat feeding and pet treating business in a transaction valued at $1.45 billion to broaden…

November 14, 2024

Stock

K+S cuts 2024 outlook, faces headwinds

Investing.com — K+S Group (ETR:SDFGn) on Thursday adjusted its financial guidance to the lower end of expectations, signaling a less optimistic outlook for 2024. The company’s EBITDA guidance for the…

November 14, 2024

Stock

ASML CEO says AI boom benefits the company

AMSTERDAM (Reuters) – ASML (AS:ASML) CEO Christoph Fouquet said on Thursday the ongoing boom in AI computer chips would help ASML by increasing the relative share of advanced logic and…

November 14, 2024

Stock

ESS Tech tumbles 19% on disappointing results, analyst downgrades

Shares in ESS Tech Inc (NYSE:GWH) tumbled nearly 19% in premarket trading Thursday after the energy storage solutions provider reported much worse-than-expected results for the fiscal Q3 2024. The company…

November 14, 2024

Economy

Traders keep bets on Dec rate cut after latest US economic data

(Reuters) – Futures tied to the Federal Reserve’s policy rate edged down after data showed wholesale prices firmed a little more than expected last month, though not enough to suggest…

November 14, 2024

Economy

ECB divided on risk of excessively weak inflation, accounts show

FRANKFURT (Reuters) – A European Central Bank rate cut last month was seen as an insurance move against unexpectedly low inflation but policymakers appear divided on the risk of excessively…

November 14, 2024

Economy

Sotheby’s settles New York tax fraud case, pays damages

By Jonathan Stempel NEW YORK (Reuters) -Sotheby’s will pay $6.25 million and adopt reforms to settle New York Attorney General Letitia James’ lawsuit accusing the famed auction house of fraudulently…

November 14, 2024

Economy

Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock

(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal hurdle last month, ending their effort to create a U.S.…

November 14, 2024

Economy

Euro zone economy seen hit early next year by Trump tariffs, say economists: Reuters poll

By Indradip Ghosh BENGALURU (Reuters) – The euro zone economy will be hit with tariffs from the incoming U.S. Trump administration early next year, according to a majority of economists…

November 14, 2024

Economy

Fed’s Kugler says Fed has made good progress on achieving mandates

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve its job and inflation…

November 14, 2024