In recent trading, shares of Deckers Outdoor Corp. (Symbol: DECK) have crossed above the average analyst 12-month target price of $618.86, changing hands for $629.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention —
In recent trading, shares of CloudFlare Inc (Symbol: NET) have crossed above the average analyst 12-month target price of $63.86, changing hands for $66.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
Korea Electric Power Corp (KEPCO) said on Wednesday it plans to raise the industrial electricity price for larger companies and sell off more assets after its debt level hit 201 trillion won ($154 billion) at the end of June.
Germany's Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better than expected and helped by higher interest rates.
The Korea Feed Association (KFA) has issued an international tender to purchase up to 69,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Wednesday.
China will give power utilities more flexibility on signing long-term thermal coal supply contracts with domestic miners for 2024, as supply concerns have waned amidst surging output and imports.
Poland's second-biggest lender Pekao reported a net profit of 1.72 billion zlotys ($413 million) in the third quarter on Wednesday, beating estimates, after a loss a year earlier due to relief measures for mortgage payers.
German logistics company DHL Group on Wednesday posted a 32% drop in its third-quarter operating profit and narrowed its full-year profit forecast as falling e-commerce demand post-COVID continued to hit its business.
A month on from the Oct. 7 attack by Hamas gunmen that killed 1,400 Israelis, investors are gradually returning to country's financial markets, warily accepting the descent into its worst security crisis in decades.
U.S. President Joe Biden and Chinese President Xi Jinping are expected to hold summit talks in San Francisco next week as they seek to stabilize tense ties by meeting in-person for just the second time in nearly three years, but little bonhomie and no grand bargains appear in the offing.
Siemens Healthineers on Wednesday posted better than expected fourth-quarter results helped by its cancer care unit and proposed an unchanged dividend for its fiscal year 2023.
Credit Agricole, France's second-largest listed bank, posted better-than-expected quarterly results on Wednesday, driven by a strong performance of its investment bank and retail activities.
At least 150,000 metric tons of pigeon peas bound for India are held up at ports in Mozambique awaiting export permission from customs despite multiple requests from sellers over the past few weeks, five industry officials said on Wednesday.
Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank should hold interest rates at or near record highs through next year to extinguish price pressures, the International Monetary Fund said on Wednesday.
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