2024 – Page 85 – Best Day Investing – Investing and Stock News

Brazilian airline Azul’s shares jump on debt deal with lessors

SAO PAULO (Reuters) – Shares in Brazilian airline Azul jumped on Tuesday after it announced a debt deal with lessors, which analysts see removing an overhang in place since media…

October 8, 2024

Stock

Humana gets a rare stock upgrade at Wall Street amid recent woes

Investing.com — Humana Inc (NYSE:HUM). received a notable upgrade from Bernstein analysts on Tuesday, with the firm moving its rating for the stock from Market-Perform to Outperform, despite the company’s…

October 8, 2024

Stock

MBX Biosciences earns Buy rating at three investment firms

Investing.com — Three major investment firms started research coverage of MBX Biosciences stock on Tuesday, each assigning a Buy rating to the biotechnology company. Analysts at Jefferies highlighted the potential…

October 8, 2024

Stock

Fed unlikely to ‘skip’ cutting rates in November: Citi

Investing.com — Citi analysts said in a note Tuesday that the Federal Reserve is unlikely to skip rate cuts during its November meeting, despite recent labor market data that might…

October 8, 2024

Economy

China expresses concern over US chip and connected vehicle policies

BEIJING (Reuters) -China’s commerce minister on Tuesday raised “serious concerns” with U.S. Secretary of Commerce over U.S. semiconductor policies towards China and restrictions on Chinese connected vehicles, calling for sanctions…

October 8, 2024

Economy

Citi hires LaVoie from Wells Fargo to head West Coast private equity M&A

By David French (Reuters) – Investment banker John LaVoie is joining Citigroup to head up its U.S. West Coast private equity dealmaking unit, according to an internal memo seen by Reuters…

October 8, 2024

Economy

Lula nominee to head Brazil central bank emphasizes freedom in decision making

By Marcela Ayres BRASILIA (Reuters) -Brazil President Luiz Inacio Lula da Silva’s nominee to lead the central bank starting next year, Gabriel Galipolo, said on Tuesday that the leftist leader…

October 8, 2024

Economy

Kenya central bank cuts main lending rate to 12%

NAIROBI (Reuters) -Kenya’s central bank cut its benchmark lending rate to 12.00% on Tuesday, from 12.75%, the bank’s monetary policy committee (MPC) said, adding that the move was aimed at…

October 8, 2024

Economy

Gold and coffee boost September hedge fund returns, says Societe Generale

By Nell Mackenzie LONDON (Reuters) – Gold and coffee helped to deliver trend-following hedge funds a positive result in September, a Societe Generale (OTC:SCGLY) note showed on Tuesday, thanks to…

October 8, 2024

Stock

Hindenburg Research takes short position in Roblox

(Reuters) – Hindenburg Research on Tuesday disclosed a short position in Roblox, saying the videogame company has been lying to investors and regulators about the number of users on its…

October 8, 2024