Snap-On Poised to Benefit From Long-Term Secular Tailwinds Despite Slower Near-Term Growth
Despite recent weakness, we think that, in the longer term, Snap-on will benefit from solid auto repair demand. We believe steadily aging vehicles, a growing fleet size, and increasing vehicle ...
Comex Gold Settles 0.64% Higher at $2691.00, Record High — Data Talk
Front Month Comex Gold for October delivery gained $17.00 per troy ounce, or 0.64% to $2691.00 today --Largest one day dollar and percentage gain since Friday, Oct. 11, 2024 ...
Nestle Says Slowdown in Rising Food Costs Isn't Soothing Pinched Shoppers — Commodities Roundup
Cocoa futures closed Wednesday down 1.1% to $7,678 a ton, though they remain up nearly 83% since the start of the year. Cocoa hit an all-time high of $11,722 a ton in April on fears of a supply ...
Nestle Says Slowdown in Rising Food Costs Isn't -2-
He says competitors in Northern Australia, Jamaica and India were struck by force majeure disruptions that were beyond their control in the past year--while Alcoa reported a decrease in alumina ...
KeyCorp Earnings: Net Interest Income Shows Solid Growth, 2024 Expense Guidance Increases
We believe KeyCorp stock is slightly undervalued. KeyCorp’s KEY third-quarter results largely met our expectations. Adjusting ...
M&T Bank Earnings: Net Interest Margin Impresses, Credit Trends Positive
Fee income (only about one-fourth of M&T’s revenue) also performed well. Fee revenue of $606 million was up 4% sequentially, ...
The stock market still leans to this candidate winning the presidential election
The greater the stock market's year-to-date return going into the presidential election, the greater the chances the incumbent party will win. Consider: -- In all years in which the Dow's year-to-date ...
Truist Earnings: New Medium-Term Return Target, Continued Elevated Repurchases Expected
Truist’s top priorities for excess capital are deepening client relationships and returning capital to shareholders.
Coinbase bonds swept up in crypto rally as Kamala Harris backs regulatory framework
Coinbase Global Inc.'s bonds have been rallying this week along with other crypto assets after Vice President Kamala Harris pledged to support a regulatory framework for sector.
EssilorLuxottica Posts Higher 3Q Revenue, but Macroeconomic Challenges Seen Continuing — Update
The Franco-Italian eyewear group booked 6.44 billion euros ($6.99 billion) in revenue, up 4% at constant currency compared with the prior-year period, marking a slowdown from the prior quarter when ...
NYSE stocks at new highs pump the market - but the VIX is sending mixed signals
The S&P 500 Index (SPX) SPX, continues to advance, making a series of new all-time highs. There is support in the zone between 5,670 and 5,770. There is no formal resistance at this time, but we often ...
Nvidia's stock tracks toward record as TSMC sees AI chip market still booming
Nvidia shares (NVDA) are up 2.7% in afternoon trading Thursday, recently changing hands at $139.45 and on track for a new record close if current gains hold through the regular session. The stock's ...