2024 – Page 43 – Best Day Investing – Investing and Stock News

Lender Banco do Brasil posts 8% profit increase, higher loan-loss outlook

By Andre Romani SAO PAULO (Reuters) – Brazilian state-run lender Banco do Brasil posted on Wednesday an 8.3% increase in its third-quarter adjusted net profit from a year earlier, while…

November 14, 2024

Stock

Major Apple supplier Foxconn expected to report strong Q3 results on AI boom

TAIPEI (Reuters) – Taiwan’s Foxconn (SS:601138), the world’s largest contract electronics maker, is expected to report on Thursday that third-quarter profit rose 7% year-on-year on robust demand for artificial intelligence…

November 14, 2024

Stock

California’s only nuclear plant to use AI to help comply with new licensing challenges

By Stephen Nellis (Reuters) – California’s only remaining nuclear power plant plans to use artificial intelligence tools to help it comply with new licensing requirements to keep the decades-old facility…

November 14, 2024

Stock

US Bank CEOs express confidence in deals, consumer finances

By Tatiana Bautzer and Nupur Anand NEW YORK (Reuters) -U.S. bank CEOs expressed confidence in the dealmaking outlook and the financial health of U.S. consumers at an industry conference in…

November 14, 2024

Economy

Britain eyes pension ‘megafunds’ to super-charge economy

LONDON (Reuters) -Britain wants to build a slew of “megafunds” with up to 80 billion pounds ($102 billion) in fresh investment firepower, under plans for the biggest shake-up in UK…

November 14, 2024

Economy

New York governor to relaunch Manhattan congestion charge plan, source says

By David Shepardson (Reuters) -New York Governor Kathy Hochul will announce on Thursday that the state plans to revive a congestion charge for driving in parts of Manhattan that she…

November 14, 2024

Economy

Brazil’s incoming central bank chief stresses ‘various paths’ to achieve inflation target

BRASILIA (Reuters) – Brazil’s incoming central bank chief Gabriel Galipolo said on Wednesday that pursuing its 3% inflation target is non-negotiable for policymakers, but that there are various paths to…

November 14, 2024

Economy

Visa says EU regulator probing fees charged to retailers

(Reuters) -Payments giant Visa (NYSE:V) said on Wednesday the European Commission (EC) had opened a preliminary investigation into fees charged to retailers. Reuters had exclusively reported earlier this month that…

November 14, 2024

Economy

Banks flood US debt market in biggest single-day raise since 2016, BMO says

By Matt Tracy (Reuters) – Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions in a single day since the beginning of…

November 14, 2024

Stock

After-hours movers: Cisco, DLocal, CNH Industrial and more

After-Hours Stock Movers: Cisco Systems (NASDAQ:CSCO) fell 0.7% despite reporting solid first quarter results and guidance. Product orders were up 20% year over year, and up 9% year over year…

November 13, 2024