Tag: “Sector”

Wall Street is cutting price targets on shares of NIO as the Chinese electric-vehicle maker cuts prices for its vehicles. Both items are potentially bad news for investors.

Chinook Therapeutics stock surged 66% in premarket trading Monday after Swiss pharmaceutical company Novartis agreed to buy the biopharma company for up to $3.5 billion.

A panel that reviews disputes in the credit default swaps market said on Friday that a ‘failure to pay’ credit event had not occurred in relation to Casino Guichard Perrachon, dashing investors’ hopes for a payout on the company’s CDS.

Anheuser-Busch InBev and Molson Coors Beverage are set to gain market share from craft beer makers in the United States this year as cost-conscious consumers are opting for cheaper six-packs, according to analysts and industry experts.

Global miner Glencore, Chrysler parent Stellantis and Volkswagen’s battery unit PowerCo have agreed to back a $1 billion deal by blank-cheque fund ACG Acquisition Company to buy two mines in Brazil, ACG said on Monday.

U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said.

Nasdaq on Monday said it will buy Thoma Bravo-owned software firm Adenza for $10.5 billion, in what would be the exchange operator’s biggest acquisition as it speeds up its push to become a more tech-focused company.

Shares of used-car retailer Carvana Co fell about 2% in premarket trading on Friday, as analysts fear that the debt-laden company’s upbeat second-quarter profit forecast could be just a ‘one-time’ gain.

AstraZeneca (AZN.L) said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion to develop cell therapies that could cure autoimmune diseases.

Biogen and Eisai are headed back to face the Food and Drug Administration’s outside neurology experts, two and a half years after the same panel dealt what proved to be a decisive blow to their Alzheimer’s disease therapy, Aduhelm.

General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.

Iran and the United States are nearing a temporary deal that would swap some sanctions relief for reducing Iranian uranium enrichment activities, two sources with direct knowledge of the talks told Middle East Eye.

China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow to recover.

High-growth investor Cathie Wood is increasing her fund’s stake in Coinbase COIN after the crypto exchange was sued by the Securities and Exchange Commission this week.

Emirates President Tim Clark said on Tuesday the airline may order more Airbus A350, Boeing 777X or 787 jets as the Dubai-based carrier renews its fleet and looks ahead to demand through the 2030s.

Atos (ATOS.PA), the struggling French IT consulting firm planning to split into two listed entities, said it expected sales at loss-making unit Tech Foundations to hit bottom in 2024.

Το αποτέλεσμα των εκλογών ήταν ψήφος εμπιστοσύνης στην κυβέρνηση και πιστεύουμε ότι οι επόμενες εκλογές θα οδηγήσουν σε μια σταθερή κυβέρνηση, κάτι που χρειάζεται η χώρα για τα επόμενα χρόνια», τόνισε ο Χρήστος Μεγάλου, Διευθύνων Σύμβουλος της Τράπεζας Πειραιώς σε συνέντευξη που έδωσε την Τρίτη στο Bloomberg TV στο Λονδίνο.

Τους άξονες πάνω στους οποίους θα κινηθεί η αναπτυξιακή τροχιά της Alpha Bank όπως αυτοί καταγράφονται στο business plan της τριετίας 2023-2025 θα παρουσιάσει σήμερα στους επενδυτές η διοίκηση της τράπεζας.

Πολύ κοντά στην υπογραφή της τελικής σύμβασης για το έργο του Ultra Fast Broadband αξίας 870 εκατ. ευρώ, βρίσκεται ο ΟΤΕ, καθώς σύμφωνα με πληροφορίες, την επόμενη εβδομάδα αναμένεται να πέσουν οι υπογραφές για να ξεκινήσει η υλοποίηση του έργου.

Δύο είναι οι τραπεζίτες που πληρούν όλα τα κριτήρια για να αναλάβουν τη θέση του προέδρου στην Attica Bank.