Limited Impact Expected in New Recall of Infant Formula
The recent recall of infant formula is expected to have a significantly smaller impact compared to the one that caused widespread concern in the U.S. back in 2022. The FDA…
Singapore Manufacturing Sector Shows Continued Growth
Singapore's manufacturing activity continued to expand for the fourth consecutive month in December, indicating strengthening recovery in the sector. According to the Singapore Institute of Purchasing and Materials Management, the…
Xerox Announces Reorganization and Workforce Reductions
Shares of Xerox Holdings Corp. (XRX) dropped 2.4% in premarket trading on Wednesday as the company revealed plans for a reorganization and shift to a business-unit operating model. This new…
Opportunities for Dividend Investors in Developed Markets
For dividend investors looking to broaden their portfolios beyond the U.S., there are some good opportunities in developed markets like France, the United Kingdom, and Japan. Attractive Yields and Valuations…
Angle PLC Shares Surge as DNA Molecular Analysis Provides Insight into Cancer Progression and Treatment
Angle PLC, a U.K. liquid-biopsy company, has witnessed a significant rise in its shares following a groundbreaking announcement. The company revealed that DNA molecular analysis conducted on blood samples from…
Explosive Rallies in the Bond Market: A Reality Check
The recent explosive rallies in the bond market have left investors in awe. Vanguard's Extended Duration Treasury Index ETF (EDV) experienced a staggering surge of over 30% since the market…
Walgreens Reports Quarterly Loss and Cuts Dividend
Walgreens Boots unexpectedly reported another quarterly loss in its fiscal first quarter and cut its dividend to shareholders by nearly half. Here are the key details: Net Loss Walgreens posted…
E-commerce’s Record-Breaking Holiday Season in 2023
The year 2023 witnessed an unprecedented surge in e-commerce during the holiday season, according to Adobe. As price-conscious consumers sought out the best deals, online spending experienced a year-over-year increase…
LOBO EV Technologies Reduces Expected Size for Initial Public Offering
LOBO EV Technologies, a Chinese company specializing in electric vehicles, has announced a reduction in the expected size of its initial public offering (IPO). The company plans to offer 1.38…
Microsoft Nears Reclaiming Title of Most Valuable U.S. Company
Microsoft Corp. is on the verge of surpassing Apple Inc. to become the most valuable company in the United States once again. Currently valued at $2.73 trillion, Microsoft is just…
Exxon Mobil Reports Impairment Charge in Fourth Quarter
Exxon Mobil, the largest oil company in the United States, announced that it will be taking an impairment charge in the fourth quarter due to issues in California. This comes…
The U.S. Dollar Shows Strong Start in 2024
The U.S. dollar is off to a strong start in 2024, bouncing back after a challenging period that left the currency oversold at the end of last year, as per…