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A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s looks poised to test 6,000 for the first time as the Federal Reserve underscored a post-election stock surge with its second interest rate cut of the year on Thursday and a nod to more.…
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points (bps) in interest rates, extending a sharp rally sparked by Donald Trump’s return as U.S. president. The Fed cut interest rates by a quarter of a percentage…
In a recent earnings call, Gladstone Commercial (NASDAQ:) Corporation (NASDAQ: GOOD) discussed its financial and operational performance for the third quarter of 2024. CEO David Gladstone and General Counsel Michael LiCalsi provided insights into the company’s strategic goals and portfolio adjustments. Amidst a backdrop of a Federal Reserve rate cut…
Thousands more jobs are under threat in Germany’s beleaguered automotive industry.Parts supplier Schaeffler said it would cut thousands of jobs for a net reduction of about 3,700 workers.Union officials said Volkswagen plans to shut factories in Germany for the first time. Germany’s auto industry is under intense pressure — and…
Investing.com – European stock markets edged higher Monday, benefiting from increased risk sentiment as crude prices fell, at the start of a week packed with event risks. At 11:05 ET (15:05 GMT), the in Germany traded 0.3% higher, the in the U.K. climbed 0.4%, and the in France rose 0.7%. Risk…
I’m a professional chef with experience picking the best cuts of meat for almost any steak dish. The filet mignon pairs well with many flavors, but it’s imperative to not overcook this cut of meat. The tri-tip sirloin and flank steak are perfect for grilling but should be cut against…
By Richa Naidu LONDON (Reuters) – International companies such as Danone and Nestle have deepened price cuts or are seeking to boost online shopping volumes to win over China’s increasingly reluctant customers, executives said. China’s economy, the world’s second largest, grew at the slowest pace since early 2023 in the…
Meta undertook what it dubbed its “year of efficiency” in 2023, laying off thousands of employees. So far, 2024 has seen its own share of cuts, and workers are facing a new culture of “intensity.” Here’s a timeline of the tech giant’s recent layoffs and hiring freezes. April 2016In 2016,…
Home Bancorp (NASDAQ:) (HOMB) has reported a net income of $9.4 million, or $1.18 per share, for the third quarter of 2024, marking an increase from the previous quarter. The bank’s net interest margin expanded, and return on assets improved, even as loan growth remained subdued. CEO John Bordelon and…
Investing.com — Nestle’s third-quarter results fell short of already-lowered estimates, raising concerns about the company’s growth trajectory for the remainder of the year. Analysts at Jefferies pointed out that the latest update was “notably below even revised expectations,” warning that the disappointing performance is likely to trigger further consensus earnings…
