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Boeing Avoids Strike with Union Agreement – Stock Climbing Off 52 Week Lows

In a significant development for the aerospace industry, Boeing (NYSE: BA) has successfully forged a tentative agreement with its union, thus averting a potentially costly strike. This move promises to inject a dose of stabil

Asktraders News Team
Fox Corp (NASDAQ: FOXA) Downgraded To Neutral

Shares of Fox Corporation (NASDAQ: FOXA) experienced a marginal downtick during the trading day, with a percentage change of -0.15% in the pre-market, leaving the stock price at $40.25. Despite this slight movement, a notable

Asktraders News Team
FBM KLCI Dips Slightly But Holds 1,650 Level

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended slightly lower today, dipping by 0.1%. Closing the day at 1,651.49, the index has held the 1,650 level that had pre

Asktraders News Team
Eli Lilly’s Strategic Price Cut to Boost Weight Loss Drug Market Presence

Eli Lilly share price (NYSE: LLY) is trading up 0.75% in the pre-market session as the global pharmaceutical company continues to capture significant attention for its robust portfolio of therapies that cater to various medic

Asktraders News Team
Palantir’s Stock Price Carves Out Gains In Pre-Market With S&P 500 Addition

Palantir's stock (NYSE: PLTR) is a big pre-market mover this morning, adding 6.82%. The key player in the

Asktraders News Team
Hilton Food Group Makes ‘Another Strong Step Forward’ – Shore Capital

Hilton Food Group (LON: HFG) reported results for the first half of FY24 last week, which analysts at Shore Capital believe marked significant progress in its ongoing profit recovery. 

Sam Boughedda
FTSE 100 Opens Strong – Economic Events We Are Watching This Week

The FTSE 100 and European equities have started the week beginning Monday, September 9, 2024, strong, with the London index rising, currently up 0.5%  shortly after t

Sam Boughedda
WPP Shares Jump on Amazon Media Win

WPP (LON: WPP) shares surged more than 5% Thursday on the news reported late on Wednesday that Amazon had chosen WPP and Omnicom Media Group (OMG) to split its global media duties.

Sam Boughedda
Tesla’s Stock A Top Pick At Morgan Stanley

Electric vehicle (EV) manufacturer Tesla stock price (NASDAQ: TSLA) has experienced a mini rally over the past month, with impressive gains that have injected optimism into its market stance. Over the course of two robust tra

Asktraders News Team
Nio’s Price Target Upgraded On Impressive Day For The Stock (NYSE: NIO)

NIO's stock price (NYSE: NIO) gained an impressive 14.39% in trading during the regular session, to bring the 1 month gain to a total of 28.65%. The increase comes following an uptick in the price target set by Bank of Americ

Asktraders News Team
HPE Boosts Profit Outlook, BofA Analyst Trims Stock Price Target

Hewlett Packard Enterprise (HPE) has increased its annual profit forecast, signalling a stronger-than-expected performance fuelled by a surge in the demand for servers equipped with artificial intelligence (AI) capabilities.

Asktraders News Team
Berkeley Group on Track for Pre-Tax Earnings Target

Berkeley Group Holdings (LON: BKG) announced Friday that its trading performance for the first four months of the fiscal year has remained steady. The company said it is co

Sam Boughedda
ABF: Primark Sales Impacted by Unfavorable Weather

On Thursday, Associated British Foods (LON: ABF) released an update on its trading performance during the second half of the financial year ending September 14, 2024. While

Sam Boughedda
Asos Announces Topshop JV, Says FY24 Sales Slightly Below Guidance

Online fashion retailer ASOS (LON: ASC) announced a series of developments on Thursday, including a refinancing plan, a joint venture for the Topshop and Topman brands, and a trading update for fiscal year 2024 (FY24).

Sam Boughedda
Hikma Pharmaceuticals Shares: Analyst Now More Confident in Growth – Here’s Why

Hikma Pharmaceuticals (LON: HIK) was upgraded to Buy from Hold at Berenberg this week, with an analyst at the firm telling investors in a note that they now have more confidence in the growth outlook across the business for t

Sam Boughedda
M&G Well Positioned to Navigate Challenging Market Despite Operating Profit Decline

M&G plc (LON: MNG) posted what it described as a resilient financial performance for the first half of 2024 despite reporting a decline in adjusted operating profit and net client flows.

Sam Boughedda
What Are Markets Looking For In Broadcom’s Earnings?

As the technology sector garners attention with Broadcom's (NASDAQ: AVGO) upcoming earnings release tomorrow, we take a look at the numbers that markets are expecting, along with a quick glance at future outlook.

Asktraders News Team
Viaro Energy Acquiring North Sea Assets

In recent days, independent British producer Viaro Energy has made a significant stride in expanding its portfolio by declaring its intention to acquire Shell and Exxo

Asktraders News Team
HSBC Boosts Shareholder Value with £3bn Buyback

HSBC Holdings shares (LON:HSBA) have pulled back 1.1% in London trading today, with news of a substantial £3 billion share buyback along with a declaration of a second interim dividend of $0.10 per share failing to provide th

Asktraders News Team
BP to Hand Shareholders $7 Billion on Stock Buybacks

U.K.-based oil giant BP PLC (LON: BP) has announced an upcoming reward for its shareholders, a hefty $7 billion that will come through stock repurchases. This decision c

Asktraders News Team