Equifax Cuts Outlook for the Year Amid Weak Mortgage Market
Equifax Inc. reduces outlook for the year due to weak mortgage market, leading to decline in shares. Revised estimates and acquisition impact analyzed.
Federal Judge Grants Temporary Restraining Order to Morgan Stanley Against Former Advisor Team
Morgan Stanley has been granted a temporary restraining order against a former advisor team for soliciting clients and taking confidential information. The team is accused of violating their contracts and spreading false information to clie...
Earnings Season Struggles Continue for U.S. Airlines
United, Delta, and American Airlines face challenges in a difficult earnings season, with concerns over rising fuel prices and the cancellation of flights to Israel.
BHP Group Reports Q1 Production Figures
BHP Group reports Q1 production figures showing increased copper and energy coal output but declines in iron ore, steelmaking coal, and nickel production.
Decline in Iron Ore Output for Vale in Brazil
Vale, the Brazilian mining giant, experienced a decline in iron ore output during the third quarter due to equipment failure and maintenance stoppage. However, sales and average price increased.
Choice Hotels Makes $7.8 Billion Offer for Wyndham Hotels & Resorts
Choice Hotels publicly announces $7.8 billion offer to acquire Wyndham Hotels & Resorts, aiming to compete with industry giants in the budget hotel sector.
Umicore Receives Funding for New Battery-Materials Plant
Umicore experiences share boost as Canadian and Ontario governments fund new battery-materials plant, reducing costs and opening growth opportunities. The plant will target the North American market for electric-vehicle batteries.
Stocks Surge in Toronto as Earnings Season Approaches
Canadian stocks rise in anticipation of earnings season, with gains seen in technology and finance sectors. Manufacturing sales show modest growth.
America's Car Dealers Face Decreased Inventory Levels
America's car dealers are experiencing a decrease in inventory levels, leading to higher prices. Limited supply and the pandemic's impact on car production are contributing factors.
Anglo Asian Mining Reports Decreased Production in Q3
Anglo Asian Mining reports decline in production in Q3, citing operational suspensions at Gedabek mine and aims to meet full-year production target.