IBM Not Immune to Macro Headwinds- UBS
UBS cut IBM's price target to $112 from $118 on Wednesday, maintaining a Sell rating on the stock, stating the company is not immune to macro.Analyst David Vogt also lowered estimates as...
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Apple Production Reports Sound 'a Little Weird': TF International
Apple (AAPL) shares fell Wednesday after reports that the technology giant was ditching its plans to boost iPhone production after demand falters. However, according to TF International...
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Midday Movers: Biogen, Apple, DocuSign and More
By Liz Moyer Investing.com -- U.S. stocks rose after the Bank of England stepped in to stabilize the British pound. Here are the midday movers for Sept. 28: Biogen Inc (NASDAQ:BIIB) shares...
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Key Factors Impacting D-St on Sept 29: US Indices Rise, Sept F&O Expiry & More
By Malvika Gurung Investing.com -- Sell-off continued on Dalal Street as the RBI’s three-day MPC meeting commenced and the domestic equity market closed lower for the sixth consecutive...
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Summers Sees Heightened Risk of Market Breakdowns, Lauds BOE
(Bloomberg) -- Former Treasury Secretary Lawrence Summers said that heightened volatility has raised the danger of “breakdowns” in market functioning -- although that’s not yet been seen...
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Caterpillar Demand Out-Running Supply - Citi
Citi analyst Timothy Thein reiterated a Neutral rating on Caterpillar (CAT) shares in a note Wednesday but cut the firm's price target on the stock to $180 per share from $195.The analyst...
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SAIL records turnover of over Rs 1 lakh crore
New Delhi, Sep 28 (IANS) Steel Authority of India Ltd (NS:SAIL) produced 18.733 million tonnes of hot metal and 17.366 million tonnes of crude steel during 2021-22, its best ever...
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If any state is providing 'X' incentive, we will provide 'X-plus': Odisha CM to investors
Bhubaneswar, Sep 28 (IANS) Odisha is committed to provide an ecosystem for job-linked industrial growth, Chief Minister Naveen Patnaik said on Wednesday.If any state is providing 'X'...
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Street’s Top Fund Manager Rejigs Portfolio, Exits Multibagger Stock & Adds VDC
By Malvika Gurung Investing.com -- PMS Fund Manager and the Founder & Chief Investment Officer of the Marcellus Investment Managers Saurabh Mukherjea has rejigged his famous smallcap...
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Biden Gets $8 Billion to Fight Hunger, With Help for Initiatives From Google, Walgreens
(Bloomberg) -- President Joe Biden announced more than $8 billion in private- and public-sector commitments to help combat hunger, casting the issue as one that should unite all Americans...
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UPDATE: Nike Earnings Could Present a 'Buy the Dip Opportunity' - JPMorgan
(Updated - September 28, 2022 11:56 AM EDT) Ahead of Nike 's (NYSE:NKE) fiscal first-quarter earnings release Thursday after market, JPMorgan (NYSE:JPM) analyst Matthew Boss told...
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Virgin Atlantic updates gender identity policy, gives staff choice of uniform
New Delhi, Sep 28 (IANS) Virgin Atlantic has launched its updated gender identity policy, giving its crew, pilots and ground team the option to choose which of the iconic uniforms, designed...
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Druckenmiller Says He’ll Be ‘Stunned’ If There’s No Recession Next Year
(Bloomberg) -- Stan Druckenmiller expects a recession in 2023, followed by markets that may stagnate for the following decade. “I would be stunned if we didn’t have a recession in ‘23,”...
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Billionaire Investor Druckenmiller Doesn't Rule out 'Something Really Bad' - CNBC
By Sam Boughedda According to Stanley Druckenmiller, the Federal Reserve's attempt to rapidly unwind the excesses it helped create over a decade of easy monetary policy will not end...
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Broadridge a Largely 'Low Value-Added' Business - Spruce Point Capital
By Sam Boughedda Spruce Point Capital Management released a report on Broadridge (NYSE:BR) Wednesday, stating it has a Strong Sell opinion on the stock, which is "largely a low value-added...
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EV players welcome govt's decision to defer stringent EV battery standards
New Delhi, Sep 28 (IANS) Electric vehicle (EV) players on Wednesday welcomed the government's decision to defer the implementation of stringent EV battery testing standards, saying it will...
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Essar Oil UK signs offtake agreement with Vertex Hydrogen
London, Sep 28 (IANS) Essar Oil UK Limited (Essar) has announced that it has signed a ‘Heads of Terms offtake agreement with Vertex (NASDAQ:VRTX) Hydrogen (Vertex) for the supply of 280MW...
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Rise in home loan interest beyond 9.5 % likely to have high impact on housing sales: Survey
New Delhi, Sep 28 (IANS) While the demand for 3BHK houses has outstripped that of 2BHKs for the first time, a Consumer Sentiment Survey said that the rise in home loan interest rate beyond...
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Axios Report On Treasury Secretary Yellen Confirms 'Conventional Wisdom' Says Analyst
By Sam Boughedda Axios reported Wednesday that US Government officials are readying for the departure of Treasury Secretary Janet Yellen following the midterms. The publication stated that...
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U.S. Stocks Rise as Bond Yields Ease
By Liz Moyer Investing.com -- U.S. stocks rose as investors tried to reverse a multi-day losing streak sparked by global growth concerns. At 09:51 ET (13:51 GMT), the Dow Jones Industrial...
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Gilts Surge as Bank of England Pivots Back to Bond-Buying
By Geoffrey Smith Investing.com -- U.K. government bonds rallied sharply on Wednesday after the Bank of England dropped its plans to tighten monetary policy further by selling bonds from...
