BofA cuts NZD/USD forecast, sees AUD/NZD rising on rate differentials
As a result of these developments, Bank of America now forecasts the NZD to end the year at 0.62, revised from the previous ...
Air Products stock dips amid soft Q1 results and outlook
Air Products, a leading industrial gases company, posted first-quarter earnings per share (EPS) of $2.86, a modest $0.01 above the analyst estimate of $2.85. However, revenue for the quarter was $2.93 ...
US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close
Nippon Steel's bid for U.S. Steel, key to the Japanese company's global expansion plan, was blocked last month by then-U.S. President Joe Biden, citing national security. Together with U.S. Steel, it ...
BoFA hikes Nordic Semiconductor stock target after Q4 results
This guidance is significantly above the consensus estimate of $116 million, suggesting that orders from individual customers are expected to counter the usual first-quarter negative seasonality. The ...
Corporate hedging against dollar surge amid tariff plans
The U.S. dollar index, which measures the currency against a basket of others, has risen about 7% from its September lows and ...
UK urged to favor short-term bonds amid market shifts
This shift in strategy is aimed at addressing the changing demands of the market as the UK looks to finance an anticipated £300 billion in public borrowing for the next year. The average maturity of ...
Vestas stock drops despite solid earnings
Despite these strong results and the announcement of an unexpected €100 million share buyback and €75 million dividend, Vestas guided to a wide range for FY25 revenues of €18 billion to €20 billion, ...
CFTC shifts focus, curbs regulation by enforcement
The US Commodity Futures Trading Commission (CFTC) announced that it is moving away from its previous practice of "regulation by enforcement," a method particularly noted during the Trump ...
Telenor stock rises following earnings report
Shares of Telenor (OL:TEL) edged up 1.5% after the company reported mixed financial results, with service revenues in the Nordics falling slightly short of expectations, but overall earnings before ...
Carlsberg's FY24 results beat expectations, stock jumps
In its FY25 guidance, Carlsberg forecasts organic EBIT growth between 1% and 5%. Morgan Stanley (NYSE: MS) analysts consider ...
Boliden AB stock jumps on positive outlook
Investing.com -- Shares of Boliden AB (STO:ST: BOL) climbed 8.5% following the company's optimistic production outlook and expansion plans. Despite anticipating a seasonally challenging first quarter ...
Solana platform Pump.fun faces legal action over tokens
According to Burwick Law, since the class action lawsuit was filed against Pump.fun last week, the platform has created over 200 tokens that misuse the intellectual property of Burwick Law and Wolf ...