Chemicals giant BASF on Wednesday picked a site in the eastern German state of Brandenburg for its second European battery materials factory, part of a 400 million euro investment plan to tap into the growing electric vehicle market.
(RTTNews) - PVH Corp. (PVH) said it has temporarily closed majority of its Calvin Klein and Tommy Hilfiger stores in China due to coronavirus concerns, including as a result of related government-imposed restrictions.
Canada's main stock index hit a new high at open on Wednesday, driven by energy stocks as oil prices rallied on optimism over fewer new coronavirus cases, while Shopify shot up nearly 20% after upbeat quarterly earnings.
Restaurant Brands International's (NYSE: QSR) Burger King has been a pioneer among fast-food chains when it comes to offering plant-based meat alternatives. In August, it began offering the Impossible Whopper, a non-meat version of its signature sandwich, at all of its U.S. loca
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(RTTNews) - Stocks are likely to move to the upside in early trading on Wednesday, adding to the modest gains posted in the previous session. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 141 points.
(RTTNews) - Samsung Electronics has expanded its presence in the foldable smartphone segment by unveiling the Galaxy Z Flip. The new smartphone is the company's second foldable handset after the Galaxy Fold launched last year.
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Grupo Financiero Galicia SA (Symbol: GGAL). The average 12-month price target for GGAL — averaging the work of 4 analysts — reveals an average price target of $23
When we think about retirement planning, the same universal advice tends to apply -- pad your IRA or 401(k), figure out your expenses, and adjust your investments to reflect the level of risk you're willing to take on as your senior years near. But there's one giant risk that ma
In recent trading, shares of T-Mobile US Inc (Symbol: TMUS) have crossed above the average analyst 12-month target price of $93.80, changing hands for $94.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
Disney (NYSE: DIS) reported robust subscriber numbers for its Disney+ streaming service when first-quarter earnings came out the other day, but the totals were surprisingly strong even with the heightened expectations.
The case for buying stock in the German industrial giant is based on two pillars. First is its hefty dividend -- current yield is around 3.6%. Second is that the diversification in its mix of businesses should ensure its earnings and dividend can grow throughout the economic cyc
(RTTNews) - SeaWorld Entertainment Inc. agreed to pay $65 million to settle lawsuits filed by investors related to "Blackfish" documentary, which accused the firm of abusing its killer whales.
(RTTNews) - The Federal Trade Commission or FTC has ordered five major technology firms to hand over details about their previous acquisitions not reported to the antitrust agencies, for study purpose. The special orders were given to Alphabet Inc., including Google, as well as
President Tayyip Erdogan said on Wednesday that the trend of falling interest rates in Turkey will continue after the central bank more than halved its policy rate since July last year.
A consortium consisting of Blackstone, Carlyle and the Canada Pension Plan Investment Board has made a roughly 16 billion euro ($17.5 billion) bid for Thyssenkrupp's elevator unit, two people familiar with the matter said.
Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with rival Kone, board member Alfred Schindler told Reuters.