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,…
Novo Nordisk to Acquire Catalent for $16.5 Billion
Novo Nordisk, a leading pharmaceutical company, has recently announced its agreement to acquire Catalent for a staggering $16.5 billion in cash. This news has sent Catalent stock soaring by 9%…
Coherent Stock Rises as Demand Improves
By Ben Glickman Coherent, the optical materials and semiconductor company based in Saxonburg, Pennsylvania, experienced a surge in its stock price after reporting positive signs of improving demand and exceeding…
Snap Reports 10% Workforce Reduction, Prepares for Financial Results
Snap, the parent company of Snapchat, made headlines as it announced a 10% reduction in its workforce. This decision comes as the social-media giant seeks to prioritize its key objectives…
Energizer Holdings Reports Q1 Earnings, Expects Flat or Declining Sales
By Rob Curran Intro Energizer Holdings, a leading manufacturer of batteries, flashlights, and other consumer products, reported a decline in net income for the fiscal first quarter. The company attributes…
Hertz Global Holdings Q4 Losses Widening Impact Stock Performance
Hertz Global Holdings Inc.'s stock tumbled 6% early Tuesday, following the announcement of a wider-than-expected fourth-quarter loss. The car rental company reported a net loss of $348 million, or $1.14…