Fitch’s Downgrade of U.S. Government Debt
The recent downgrade of U.S. government debt by Fitch Ratings has caused quite a stir, but is it really that significant? While the credit worthiness of the U.S. government is…
Stock Market Reacts to Fitch Ratings Downgrade of U.S. Debt
On Wednesday, the stock market experienced a decline following Fitch Ratings' decision to lower its U.S. debt ratings from AAA to AA+. This downgrade was due to the country's increasing…
Humana Inc. Exceeds Q2 Earnings Estimates, Expects Improvement in Medicare Advantage Utilization
Louisville, KY - Humana Inc. (HUM, +0.28%) experienced a 2.6% increase in premarket trading on Wednesday, following the release of its second-quarter earnings report. The health insurance company surpassed earnings…
Amazon Clinic Expands Availability Nationwide
Amazon.com Inc. has announced that its virtual health care platform, Amazon Clinic, is now accessible to customers in all 50 states and Washington, D.C. This expansion comes after Amazon Clinic's…
BMW Shares Fall After Lower-than-Expected Q2 Margin
Berlin, Germany— BMW shares experienced a decline on Tuesday following the release of the car maker's second-quarter financial report. Although the company raised its guidance for the auto segment for…
Navidea Biopharmaceuticals Faces Potential Delisting from NYSE American Exchange
Navidea Biopharmaceuticals (NASDAQ: NAVB) has experienced a significant drop in its shares, with prices falling by 16% to 8 cents. The company has been grappling with the possibility of delisting…
Stock Futures Slip as S&P 500 Closes Out Strong Month
Stock futures are slipping on Monday as the S&P 500 wraps up a successful month of gains. The focus this week on Wall Street will be on the earnings reports…
Danone Expects Strong Year-End Results
Danone, the French yoghurt maker, has announced that it is on track to meet the upper end of its guidance for the year, following stronger-than-expected first-half sales and earnings. In…
Ignoring the Risks: Investors Turn a Blind Eye to Corporate Defaults
Despite an increasing number of companies defaulting on their debts due to higher interest rates, investors seem to be disregarding this alarming trend. Torsten Slok, chief economist at Apollo Global…
Banca Monte dei Paschi di Siena Shares Soar on Strong Q2 Results
Shares of Banca Monte dei Paschi di Siena, the world's oldest bank, continued their upward trajectory on Monday following the release of better-than-expected second-quarter financial results. At 0830 GMT, Monte…
Stock Market Update
As the U.S. stock markets prepare to open, there are a few notable movements in pre-market trading. Elanco Animal Health Inc. (ELAN) has seen an increase of 8.8%, while ResMed…
U.S. Grain Export Inspections Continue to Lag Behind
U.S. grain export inspections witnessed a decline for the week ended Aug. 3, with yearly inspection totals still falling behind the pace set in the previous year. Corn Export Inspections…