Morning Bid: All Eyes on CPI
A look at the day ahead in U.S. and global markets. The ghosts of inflation past, present, and future are […]
Kevin Putnam
Author's Articles
James Hardie (NYSE: JHX) Stock Jumps on Upbeat Q2 Earnings and $300 Million Buyback Plan
On Wednesday, James Hardie Industries (NYSE: JHX) boosted its annual profit view and announced a $300 million share buyback plan, […]
James Hardie (NYSE: JHX) Stock Jumps on Upbeat Q2 Earnings and $300 Million Buyback Plan Read More »
Volkswagen Boosts Investment in Rivian to $5.8 Billion
Volkswagen Group raised its investment in Rivian Automotive (NASDAQ: RIVN) by 16% to $5.8 billion, the two automakers said on […]
Volkswagen Boosts Investment in Rivian to $5.8 Billion Read More »
Shell and Equinor Fight Challenges to UK North Sea Gas, Oil Projects
LONDON – On Tuesday, Shell (NYSE: SHEL) and Equinor (NYSE: EQNR) urged a Scottish court to uphold Britain’s approval for […]
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Spain’s Antitrust Body Extends Review of BBVA-Sabadell Merger
MADRID – Spanish bank BBVA’s (NYSE: BBVA) hostile takeover bid for smaller rival Sabadell, aimed at creating a bank with […]
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US Stock Futures Pull Back as Focus Turns from Election to Economic Data
U.S. stock index futures dipped on Tuesday after Wall Street’s rally over the past few days following election results as […]
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JetBlue Suspends Flights to Haiti Until December 2 After Bullet Strikes Aircraft
WASHINGTON – JetBlue Airways (NASDAQ: JBLU) said late on Monday it will extend a halt to all flights to and […]
JetBlue Suspends Flights to Haiti Until December 2 After Bullet Strikes Aircraft Read More »
CEOs of European Chipmakers Express Concerns Over Nationalist Industrial Policies
MUNICH – On Monday, the CEOs of Europe’s three biggest computer chip makers said that demands by the U.S., Chinese, […]
CEOs of European Chipmakers Express Concerns Over Nationalist Industrial Policies Read More »
US Investigates 1.4 Million Honda Vehicles for Engine Issues
WASHINGTON – On Monday, the National Highway Traffic Safety Administration said it is opening a probe into 1.4 million Honda […]
US Investigates 1.4 Million Honda Vehicles for Engine Issues Read More »
Morning Bid: Post-Election Dollar Revs Up, China Battles Deflation
A look at the day ahead in U.S. and global markets. The dollar continues to feed on a mix of […]
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Energy Infrastructure Partners (EIP) Raises Stake in Eni’s Plenitude to 10%
MILAN – Energy Infrastructure Partners (EIP), the Swiss asset manager, will up its stake in Eni’s Plenitude unit to 10%, […]
Energy Infrastructure Partners (EIP) Raises Stake in Eni’s Plenitude to 10% Read More »
Fed’s Powell Says He Won’t Leave Office, Even if Trump Asks
On Thursday, Federal Reserve Chair Jerome Powell said he would refuse to leave office early if incoming President Donald Trump […]
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Lucid (NASDAQ: LCID) Beats Q3 Revenue Forecasts, Reaffirms 2024 Production Guidance
On Thursday, Lucid (NASDAQ: LCID) beat Wall Street expectations for third-quarter revenue and reiterated its annual production forecast as it […]
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Pinterest (NYSE: PINS) Stock Plunges After Underwhelming Q4 Forecast
Pinterest’s (NYSE: PINS) fourth-quarter revenue forecast failed to impress investors looking for a boost from the holiday shopping season, at […]
Pinterest (NYSE: PINS) Stock Plunges After Underwhelming Q4 Forecast Read More »
Trump Likely to Let Jerome Powell Complete His Tenure as Fed Chair, CNN Reports
U.S. President-elect Donald Trump is likely to allow Jerome Powell to serve the remainder of his term as the Federal […]
Trump Likely to Let Jerome Powell Complete His Tenure as Fed Chair, CNN Reports Read More »
General Motors to End Cadillac XT4 SUV Production in Shift Toward EVs
On Thursday, General Motors (NYSE: GM) said it will end production of the gas-powered Cadillac XT4 SUV in January as […]
General Motors to End Cadillac XT4 SUV Production in Shift Toward EVs Read More »
Fed’s Powell Flags Careful, Patient Approach After Rate Cut
WASHINGTON – On Thursday, the Federal Reserve cut interest rates by a quarter of a percentage point as its policymakers […]
Fed’s Powell Flags Careful, Patient Approach After Rate Cut Read More »
Telefonica (NYSE: TEF) Takes $337 Million Write-Down on Peruvian Unit, Maintains 2024 Targets
MADRID – On Thursday, Telefonica (NYSE: TEF), the Spanish telecom company, said it booked a non-cash 314 million ($337.4 million) […]
Qualcomm (NASDAQ: QCOM) Shares Surge on Upbeat Q1 Outlook
On Wednesday, Qualcomm (NASDAQ: QCOM), the chip designer, forecast sales and profit in the current quarter would exceed Wall Street […]
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UK Regulator Ends Probe into Unilever’s Environmental Claims
On Wednesday, Britain’s competition watchdog said it has ended its investigation into Unilever’s (NYSE: UL) environmental claims about certain household […]
UK Regulator Ends Probe into Unilever’s Environmental Claims Read More »
Goldman Sachs CEO Congratulates Trump on Election Victory, Calls for Unity
On Wednesday, Goldman Sachs (NYSE: GS) CEO David Solomon congratulated President-elect Donald Trump on his election victory, mirroring previous comments […]
Goldman Sachs CEO Congratulates Trump on Election Victory, Calls for Unity Read More »
Trump Win Fuels Broad Stock Rally, Boosting Banks and Small-Caps
Donald Trump’s U.S. presidential election victory boosted the stock market on Wednesday as investors bet on lower corporate taxes and […]
Trump Win Fuels Broad Stock Rally, Boosting Banks and Small-Caps Read More »
Prudential Sees 11% Growth in New Business Profit for First Nine Months of 2024
On Wednesday, Prudential PLC (NYSE: PUK) posted an 11% rise in new business profit for the first nine months of […]
Prudential Sees 11% Growth in New Business Profit for First Nine Months of 2024 Read More »
US Stock Futures, Dollar, and Bitcoin Surge as Trump Wins 2024 US Presidential Race
LONDON – Global stock markets rallied on Wednesday, while bitcoin hit a record high and the dollar was set for […]
US Stock Futures, Dollar, and Bitcoin Surge as Trump Wins 2024 US Presidential Race Read More »