Inchcape shares plunge over 10% after J.P. Morgan downgrade to ‘neutral’
Investing.com — Shares of Inchcape (LON:INCH) took a hit on Thursday, plunging more than 10% after analysts at J.P. Morgan downgraded the stock to a “neutral” from an “overweight” rating. The downgrade reflects growing concerns over increased market volatility
Indicator points to slow recovery for European IT services during 2025: BofA
Investing.com — The recovery in the European IT services sector will likely remain gradual throughout 2025, Bank of America said in a note, citing its BofA European IT Services Indicator. The indicator’s December reading showed a slight sequential improvement but remained
European stocks mixed; Trump speech, Puma earnings in focus
Investing.com – European stock markets traded in a mixed manner Thursday, helped by the announcement of more Chinese economic largesse ahead of an eagerly-awaited speech by President Donald Trump at the World Economic Forum later in the session. At 06:40 ET
GE Aerospace forecasts 2025 profit above estimates on robust aftermarket demand
(Reuters) – GE Aerospace on Thursday forecast profit for the current year above estimates, as persistent shortage of new aircraft forces airlines to fly older jets, creating strong demand for its high-margin parts and services. The company also announced plans to
General Aerospace reports above-consensus Q4 earnings and revenue; stock jumps
Investing.com — General Aerospace saw its shares surge 6% in premarket trading Thursday after the company reported Q4 earnings and revenue above analyst expectations. The aircraft engine supplier reported Q4 earnings per share (EPS) of $1.32, topping the consensus estimates of