Ashford Hospitality Trust Plans to Sell Hotels to Pay Off Debt
Shares of Ashford Hospitality Trust surged after the real estate investment trust (REIT) announced its plans to sell a portion of its hotels in order to pay off debt due…
U.S. Crude Oil and Gasoline Inventories Show Mixed Results
According to data released by the U.S. Energy Information Administration (EIA), there was an increase in U.S. crude oil and gasoline inventories last week. However, distillate fuel stocks experienced a…
Dassault Systemes Expects Continued Revenue Growth
Dassault Systemes is anticipating continued revenue growth and improved profitability in the upcoming year after successfully meeting its guidance for the final months of 2023. In the period between October…
Stock Futures Point Higher after Fed Comments
Stock futures are indicating a modest increase on Thursday, following a market downturn prompted by Federal Reserve Chairman Jerome Powell's statement that an interest-rate cut in March is unlikely. Earnings…
Church & Dwight Reports Profit in Q4 and Forecasts Continued Sales Growth for 2024
Church & Dwight, the consumer-products company known for brands like Arm & Hammer, has announced a profitable fourth quarter and has provided a positive sales outlook for 2024. The company's…
Brookfield Renewable Partners Reports Profit in Q4 2020
Brookfield Renewable Partners, a leading renewable power company, announced a profit of $35 million for the final quarter of last year. In comparison, the company had reported a loss of…
Regional Bank Stocks Seek Stability after New York Community Bancorp’s Surprise Loss
Regional bank stocks are looking to stabilize early on Friday following a two-day selloff triggered by New York Community Bancorp's unexpected loss and drastic reserve increase. NYCB Takes a Hit…
UniCredit to Increase Shareholder Returns
UniCredit, the Italian bank, has announced its plans to significantly enhance returns to shareholders following a rise in fourth-quarter net profit. The bank intends to allocate €8.6 billion ($9.28 billion)…
Carlsberg Q4 and Full Year Results
Brewer Carlsberg is scheduled to unveil its financial results for the fourth quarter and full year on Wednesday. Here are the key details you need to know. Sales Forecast Analysts'…
Canada’s Official International Reserves Decline in January
Canada's official international reserves experienced a decrease of $1.98 billion in the previous month, according to the federal finance department. As of January 31, the country's reserves of foreign currencies…
Agriculture Commodity Markets Update
Barcelona, Feb. 5-9 The agricultural commodity markets experienced a downturn as a result of the stronger-than-expected U.S. jobs report, which led to an increase in the value of the dollar.…
Interest Rate Cuts and Economic Data
Chicago Fed President Austan Goolsbee recently shared his views on interest rate cuts, stating that a change in economic data is not necessary to justify such cuts. According to him,…