2024 – Page 49 – Best Day Investing – Investing and Stock News

Brazil’s Nubank beats estimates on third-quarter adjusted profit

SAO PAULO (Reuters) – Brazilian digital lender Nubank’s adjusted net profit more than doubled in the third quarter from year earlier on a foreign-exchange neutral basis, it said on Wednesday,…

November 13, 2024

Stock

Colombia stocks lower at close of trade; COLCAP down 0.56%

Investing.com – Colombia stocks were lower after the close on Wednesday, as losses in the Financials, Investment and Public Services sectors led shares lower. At the close in Colombia, the…

November 13, 2024

Stock

Canada stocks higher at close of trade; S&P/TSX Composite up 0.26%

Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the IT, Energy and Consumer Discretionary sectors led shares higher. At the close in Toronto, the…

November 13, 2024

Economy

Fed can afford patience, productivity to shape rate-cut destination: Fed’s Musalem

Investing.com — St Louis Federal Reserve President Alberto Musalem suggested Wednesday that the Fed can take its time to gauge whether further rate cuts are needed, though said that if…

November 13, 2024

Economy

Peltz says Trump-election stock market rally cannot continue uninterrupted

By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund manager Nelson Peltz, who backed president-elect Donald Trump this year, said the election-fueled stock market rally cannot continue uninterrupted. “Trees don’t…

November 13, 2024

Economy

Cisco raises annual revenue forecast as AI spurs networking tools demand

(Reuters) – Cisco Systems (NASDAQ:CSCO) raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven…

November 13, 2024

Economy

Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale

By Giuseppe Fonte, Valentina Za and Andrea Mandala ROME (Reuters) -Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena,…

November 13, 2024

Stock

Nelson Peltz says new Disney chairman Gorman will find a ‘respectable CEO’

NEW YORK (Reuters) – Hedge fund manager Nelson Peltz, who lost a bruising boardroom challenge at Walt Disney (NYSE:DIS) this year, is confident the company’s new board chairman will find…

November 13, 2024

Stock

Boeing starts issuing layoff notices as planemaker trims 10% of workforce

By David Shepardson, Allison Lampert WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted…

November 13, 2024

Stock

Amazon, Chevron lead Wednesday’s market cap stock movers

Wednesday’s market has seen notable shifts with stocks like Amazon Com Inc (NASDAQ:AMZN) and Chevron (NYSE:CVX) experiencing movement on the upside, while Advanced Micro Devices (NASDAQ:AMD) faced a downturn. Investors…

November 13, 2024