NEXT Group H1 Profit, Sales Climb; Lifts FY25 Outlook
(RTTNews) - NEXT Plc (NXGPF, NXT.L), a British clothing, footwear and home products retailer, Thursday reported that its first-half profit before tax grew 4 percent to 432 million pounds from last ...
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European Shares Set To Rally As Fed Begins Easing Cycle With A Bang
(RTTNews) - European stocks may open on a buoyant note Thursday after the U.S. Federal Reserve kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point ...
Roche's Xofluza Reduces Influenza Transmission In Phase III Study
The company noted that CENTERSTONE is the first global phase III study to show a transmission reduction benefit with an antiviral used in the treatment of a respiratory viral illness. This new data ...
Sensex, Nifty Climb After Bumper Fed Rate Cut
The benchmark S&P/BSE Sensex jumped 533 points, or 0.6 percent, to 83,481 in early trade while the broader NSE Nifty index was up 145 points, or 0.6 percent, at 25,522. Among the top gainers, Grasim, ...
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Are Options Traders Betting on a Big Move in TaskUs (TASK) Stock?
Investors in TaskUs, Inc. TASK need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $7.50 Put had some of the highest implied ...
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Is the Options Market Predicting a Spike in DLH (DLHC) Stock?
Investors in DLH Holdings Corp. DLHC need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2024 $7.50 Put had some of the highest implied ...
Asian Markets Mostly Higher Amid Fed Rate Cut
Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, as the markets react to the US Fed's decision to lower interest rates for the ...
What To Expect From FedEx's Q1
FedEx (NYSE: FDX) is scheduled to report its fiscal Q1 2025 results on Thursday, 9 (FedEx’s fiscal year ends in May). We expect the company to post an upbeat quarter, driven by an overall improvement ...
$30 In Sight for Intel Stock After Amazon AI Chip Win?
Intel stock (NASDAQ: INTC) rallied by close to 6% in Monday’s trading and gained by another 8% in after-hours trading, taking the stock to levels of about $22 per share. Intel stock still remains down ...
Rate Cuts Won’t Fix Tesla’s Deeper Problems
Elon Musk has indicated that the U.S. Federal Reserve’s tight monetary policy is a key factor behind Tesla’s cooling sales, particularly in the U.S. market. With financing costs elevated, many ...
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Bel Fuse To Acquire Majority Stake In Enercon From Fortissimo For Enterprise Value Of $400 Mln
(RTTNews) - Bel Fuse Inc. (BELFA, BELFB) announced that it agreed to acquire a majority stake in Enercon Technologies, Ltd. from Fortissimo Capital based on an enterprise value of $400 million. Bel ...
Sensex, Nifty Seen Higher As Fed Kicks Off Easing Cycle
Benchmark indexes Sensex and Nifty gave up early gains to end modestly lower on Wednesday, after having hit new record highs in intraday trade. Asian markets traded mixed this morning, with sentiment ...