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Investing.com — A recent study has unveiled that companies with high-level political connections within their board of directors tend to have a higher market perception of their cash holdings. The research was led by the University of Portsmouth and was published in the British Journal of Management. The study scrutinized…
Investing.com– U.S. stock index futures edged higher Wednesday, boosted by Netflix’s strong results and as investors assessed President Donald Trump’s trade policies. At 05:20 ET (10:20 GMT), gained 50 points, or 0.1%, climbed 24 points, or 0.4%, and rose 165 points, or 0.8%. The main Wall Street indices posted strong…
By Tom Westbrook SINGAPORE (Reuters) – The dollar was firm and Asia’s stock markets were cautiously positive on Monday as investors waited for an expected flurry of policy announcements in the first hours of Donald Trump’s second presidency and eyed a rate hike in Japan at the end of the…
Investing.com– Gold prices steadied near a one-month high in Asian trade on Friday, as uncertainty over U.S. interest rates and policy under incoming President Donald Trump spurred some haven demand. Among industrial metals, copper prices rose tracking positive gross domestic product data from top importer China, as recent stimulus measures…
Investing.com– U.S. stock index futures rose slightly on Wednesday evening after mildly softer consumer inflation data and a slew of strong bank earnings sparked strong gains on Wall Street. Investors also welcomed a U.S.-brokered ceasefire deal between Israel and Hamas, which heralds less geopolitical tensions in the Middle East. But…
Investing.com — Madrigal Pharmaceuticals, Inc. (NASDAQ: NASDAQ:) stock fell 11% following the company’s preliminary fourth-quarter and full-year 2024 financial performance announcement. Despite reporting net sales for the fourth quarter between $100 million to $103 million and $177 million to $180 million for the full year, shares declined as the market…
By Wen-Yee Lee and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand. The world’s largest contract chipmaker, whose customers include Apple…
Air travel is being disrupted by strong winds and wildfires in Los Angeles.Several airlines have waived change fees for flights to Los Angeles and Orange County.Some flights to Burbank were diverted, while passengers photographed the fires from the skies.The wildfires devastating Los Angeles and the strong winds intensifying them are…
Investing.com — Marks & Spencer (LON:) has reported strong results during the Christmas trading period, signaling continued momentum in its revival efforts. The retailer posted an 8.7% increase in food sales, with like-for-like sales rising by 8.9%. Sustained UK volume growth of 6.6% from the first half of the financial…
Investing.com — Tesco (OTC:) on Thursday delivered strong results in its Q3 and Christmas trading update, especially in its core UK grocery business and sustained growth across key markets. However, the company has maintained its full-year guidance, reflecting a cautious stance despite strong trading momentum. “We delivered our biggest ever…
