Fed’s Mester open to rate cuts if it’s clear inflation is easing further
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that if the U.S.…
Author: Trading Reports Daily
DuPont sets $1 billion stock buyback target, hikes dividend after Q4 profit beat
By Saikeerthi . (Reuters) -DuPont de Nemours announced a new $1 billion stock repurchase program and a 6% rise in…
Spirit to ramp up robotics to reduce 737 fuselage problems
By Abhijith Ganapavaram and Valerie Insinna (Reuters) -Spirit AeroSystems will invest in autonomous technology to limit any defects in its…
Novartis to acquire cancer-focused MorphoSys for $2.9 billion
(Reuters) -Drugmaker Novartis AG said it will acquire MorphoSys AG, a developer of cancer treatments, for 2.7 billion euros ($2.9…
Palantir forecasts strong 2024 profit on robust AI demand, shares jump (Feb. 5)
(Corrects to “Monday” from “Tuesday” in first paragraph of Feb. 5 story) By Arsheeya Bajwa (Reuters) -Palantir Technologies forecast 2024…
Marketmind: RBA eyed as US bond yield surge casts shadow
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The trading and investment climate across…
Dollar surges to 11-week high as Fed rate cut bets diminish
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar climbed to its highest in almost three months against…
US unveils charges, seizures linked to Iranian oil network
By Timothy Gardner and Rami Ayyub (Reuters) – The United States on Friday announced terrorism and sanctions-evasion charges and seizures…
Meta surges with record $196 billion gain in stock market value
By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market value on Friday,…
Exxon beats estimates, ends 2023 with a $36 billion profit
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels…