The Dow enters trading Wednesday on a nine-day losing streak, the longest stretch of consecutive daily declines for the blue chip index since 1978. Monitor these key levels.
Birkenstock Holdings posted better fourth-quarter earnings Wednesday than analysts had expected and said it expects margins will improve in fiscal 2025.
General Mills, Inc. (NYSE:GIS) shares are trading lower in the premarket session on Wednesday. The company reported second-quarter adjusted earnings per share of $1.40, beating the street view of $1.22. Quarterly sales of $5.24 billion beat the analyst consensus estimate of $5.14 billion. Quarterly sales were up 2%, driven by higher pound volume, while organic net sales increased 1%. Gross margin was up 250 basis points to 36.9%, driven primarily by Holistic Margin Management cost savings and fa
Nissan Motor (NSANY) stock is booming as the automaker reportedly prepares to explore a merger with Honda Motor (HMC), which would tie up Japan’s second and third-largest automakers.
The week of Christmas is typically bullish for stocks
(Bloomberg) -- Secondary transactions involving venture-backed startups are on track to hit a new high this year, as companies like OpenAI, SpaceX and Stripe Inc. organize tender offers to get employees paid, and investors look for ways to offload stakes outside of initial public offerings.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousTender offers give staffers, former employees and certain investors a way to sell their shares directly to other investors
On Wednesday, TC BioPharm (Holdings) PLC (NASDAQ:TCBP) announced that its Board of Directors approved a special dividend of 0.25 American Depositary Shares for every 1 ADS held by shareholders, pending shareholder approval. The company intends to hold a general meeting of shareholders on Monday, December 30. The dividend is expected to be declared on December 30, 2024, and payable to shareholders who own the company's stock at the close of trading on January 02, 2025. "We are extremely pleased t
Banks that use Temenos core software can now easily create crypto wallets and have exposure to any type of digital assets they want
Hong Kong's securities regulator on Wednesday approved four cryptocurrency exchanges in the city's latest effort to stay competitive in a race to become a global centre for digital asset trading. Hong Kong has been promoting itself as a hub for assets such as cryptocurrencies in a effort to maintain its attractions as a financial centre. The Hong Kong Securities and Futures Commission said it had granted licences to Accumulus GBA Technology (Hongkong) Co., DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales Technology (BVI).
