Bayer shares are sinking in German trading after the pharmaceuticals and crop science conglomerate reduced its full-year earnings target amid a tough agricultural market.
Danish police close investigation into Old Stock Exchange fire
Danish police said Tuesday that they were closing the investigation into the devastating fire that destroyed more than half of Copenhagen’s Old Stock Exchange, saying nothing points at the blaze being the result of a criminal act. Despite extensive forensic investigations, review of surveillance and the questioning of a large number of witnesses, “it is not possible to determine the cause of the fire in the historic stock exchange building," said Brian Belling, the Copenhagen police officer in charge of the investigation. “Our assessment is that we have explored all relevant investigative possibilities in the case,” Belling told a press conference, adding that no one has been charged in the case.
If Large Institutional Investors Are Deciding to Sell This Popular Cryptocurrency, Should You?
Money is still flowing into Bitcoin. The same can't be said for Ethereum, which appears to be losing the trust of top institutional investors.
OPEC Cuts Global Oil Demand Growth Forecasts For a Fourth Consecutive Month
(Bloomberg) -- OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationGlobal oil consumption will increase by 1.8 million barrels a
Home Depot stock leaps after Q3 earnings, 2024 forecast
Home Depot saw better Q3 sales in part to due demand from Hurricanes Helene and Milton.
My No. 1 Cryptocurrency to Buy Now That Donald Trump Won the Election (Hint: Not Bitcoin)
Crypto investors had been rooting for this election outcome.
Wall Street bonuses will rise for the first time since 2021, consultant says
Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates. Payouts will probably rise after financiers benefited from several factors in recent months: a recovery in dealmaking, the Federal Reserve cutting interest rates and equity markets surging to record highs, said the consultancy's founder, Alan Johnson. While bonuses will be more generous, they will remain below the record levels from 2021, when revenue and compensation were "abnormally good," Johnson said.
Home Depot's Q3 results top Wall Street as pullback in consumer spending eases a bit
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street's expectations. Sales at stores open at least a year, a key gauge of a retailer's health, slipped 1.3%.
Is it Too Late to Buy RTX (NYSE:RTX) Stock?
It’s no secret that the stock market can experience significant volatility, moving sharply either up or down. These swings can quickly impact analysts’ ratings for a stock; within months, weeks, or even days, a “Buy” recommendation might shift to a “Hold” and vice versa. RTX Corporation (RTX), a leading aerospace and defense contractor, exemplifies this market volatility, having rallied 49% so far in 2024. Even if a stock starts from a point of substantial undervaluation, as I believe was the ca