S&P 500 Sector Gains: Energy, Tech, and Industrials Reach New Highs
The S&P 500 reached a new all-time closing high on Friday, but despite this achievement, most of its sectors have yet to surpass levels seen when the index last peaked…
Ericsson Expects Challenges in Mobile-Network Industry to Continue
Ericsson, the Swedish telecommunications-equipment company, anticipates ongoing challenges in the mobile-network industry throughout this year. Customers' cautious spending habits and the normalization of investment pace in the key Indian market…
LG Electronics to Report Fourth-Quarter Results
LG Electronics, the South Korean consumer-electronics giant, is set to announce its fourth-quarter results on Thursday. Here's a summary of what to expect: Revenue Forecast Preliminary forecasts indicate that LG…
Lockheed Martin Reports Lower Fourth-Quarter Revenue
Lockheed Martin, a defense contractor based in Bethesda, Md., reported lower fourth-quarter revenue, primarily due to declines in its missiles and fire-control unit as well as its rotary and mission…
Chesswood Group’s Shares Rise on Strategic Review Announcement
Chesswood Group, a speciality-finance provider, experienced a boost in its shares following the announcement of a strategic review that will explore various options for the company. These options include a…
Nevada Sunrise Metals Soars with Larger Lithium Deposits
Shares of Nevada Sunrise Metals experienced a significant surge on Tuesday morning after the company announced that estimates indicate the lithium deposits at its Nevada mine are larger than initially…
REIT Debt: A Surprising Rally in 2024
Debt issued by publicly traded commercial real-estate investment trusts (REITs) has defied expectations by experiencing a significant rally in the early months of 2024, despite the challenges faced by the…
The S&P 500 in 2024: Possible Decline Ahead
The S&P 500 has shown gains in 2024; however, the rise in bond yields introduces a heightened risk of a significant decline for the index. Continuing the Rally In January,…
Troubled Chinese Property Developer Country Garden Holdings Seeks to Raise Funds Through Property Sales
Country Garden Holdings, a troubled property developer based in Foshan, China, is looking to sell several properties in Guangzhou city for up to 3.82 billion yuan ($534.5 million). This move…
ServiceNow Exceeds Expectations with Strong Q4 Results
In a recent announcement, ServiceNow revealed that its subscription revenue in the fourth quarter surpassed management's expectations, leading to an increase in its guidance for this key financial metric. The…
Santos Reports Strong Finish to 2023
Santos, the oil and gas company, announced that its fourth-quarter production saw a modest increase compared to the prior quarter, marking a strong end to 2023. However, it highlighted the…
Rising Rents Leave Record Number of Renters Struggling
A recent report by the Joint Center for Housing Studies of Harvard University has shed light on the alarming increase in rental costs over the past few years, leading to…