European stocks eased from a two-week high on Tuesday as a slide in technology and healthcare stocks along with mixed corporate updates tempered optimism about a U.S. stimulus package that bolstered Wall Street indexes overnight.
DXC Technologies (NYSE:DXC) stock has climbed over 10% in the last 5 trading days, and was only one of 4 stocks in S&P 500 to do so – the others being Boeing and two cruise line companies. Interestingly, this is quite at odds with how the stock has performed in recent ye
Harley-Davidson’s (NYSE:HOG) stock is still down nearly 45% this year, but last week was different. It crawled up more than 10% in the last 5 trading days, outperforming the broader market which moved up a little more than 4.4%. While an interesting development, does it mean
Intel stock (NASDAQ: INTC) is down 12% since the beginning of this year, but at the current price of around $52 per share, we believe that Intel stock could see more downside.
After a 40% rise since the March lows of this year, at the current price of around $20 per share we believe Yelp’s stock (NYSE: YELP) has reached its near term potential. Yelp’s stock has largely underperformed the broader markets between fiscal 2017 and now. The retailer
The shares of Scientific Games (NASDAQ: SGMS) have gained 30% since the beginning of the year as compared to MGM Resorts (NYSE: MGM) which is still down by 35%. Both stocks are heavily loaded with debt, but MGM Resorts has a much lower debt-to-capital ratio of 0.55 as compared
Despite multiple patent expirations of some of its key drugs, including Avastin, Herceptin, and Rituxan, Roche (OTCMKTS:RHHBY), one of the largest pharmaceutical companies with a market capitalization of close to $300 billion, saw its sales increase from $53.2 billion in 2016
After a 66% rally off the March bottom, Mastercard’s stock (NYSE: MA) looks fully valued based on its historic P/E multiples. Mastercard, the second-largest global payment solutions company in the world, has seen its stock rally from $203 to $338 off the recent bottom compar
After a 1.5x rise since its low in March, at the current price of around $104 per share, we believe Xilinx stock (NASDAQ: XLNX) could see significant downside. Xilinx manufactures semiconductor devices used across a wide variety of sectors such as aerospace, defense, AI/ML, da
A joint battery venture of Toyota Motor Corp and Panasonic Corp on Tuesday said it will produce lithium-ion batteries for hybrid cars at a plant in Western Japan from 2022 to meet growing demand for electric vehicles (EV).
(RTTNews) - BHP Group Plc. (BHP.AX, BLT.L, BBL, BHP) announced Tuesday that it has signed a Membership Interest Purchase and Sale Agreement with Hess Corp. (HES).
(RTTNews) - Ferrexpo plc (FXPO.L) reported that its nine month period pellet production increased 3% year-on-year to 8.1MT. Third quarter pellet production was down 12% to 2.5MT from second quarter, with reduced volume due to planned pelletiser maintenance in early September 202
German industrial goods orders rose by 4.5% on the month in August, data showed on Tuesday, in a boost to hopes for a robust third-quarter recovery in Europe's largest economy after the coronavirus shock.
Britain's finance minister Rishi Sunak said on Tuesday that a glitch in the test and trace system that led to over 15,000 cases not being recorded on time did not impact on the assessment of the overall COVID situation in the country.
What happened
Shares of Citigroup (NYSE: C) were falling last month as the stock got tripped up by a report in The Wall Street Journal that regulators were preparing to censure the bank over a failure to improve its risk management. The news added to the company's challenges
The Thai baht's resurgence this week has wrong-footed bears focused on domestic political unrest and weak prospects for its tourism-reliant economy [nL4N2GQ198], and further gains are likely as a new finance minister takes the helm.
SAP will try to allocate 5% of its procurement spending to social enterprises and diverse businesses by 2025 to encourage greater social and environmental responsibility.