Consumer lender Ally Financial to sell credit card business to CardWorks
(Reuters) – Consumer lender Ally Financial (NYSE:ALLY) has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday. This post appeared first on investing.com
JD Sports Fashion downgraded by Citi analysts amid softer growth outlook
Investing.com — JD Sports Fashion (LON:JD) has been downgraded by analysts at Citi Research, reflecting a more cautious outlook on the retailer’s growth trajectory and profitability. The downgrade comes as the group faces a challenging consumer environment,
Energy player Venture Global slashes IPO price
Investing.com — Venture Global Inc . has announced it will be selling 70 million shares of Class A common shares in its upcoming initial public offering (IPO). The company expects the IPO to range from $23.00 to $27.00 per
Apple stock correction likely to extend- Fairlead Strategies
Apple stock is likely to experience more losses on Wednesday after dropping 3.2% on Tuesday. Shares are down 0.6% in pre-market trade. On Tuesday, Apple stock fell after two Wall Street analysts issued downgrade calls with Jefferies analysts adjusting their rating
Shares in Schaeffler slump after car parts maker issues profit warning
Investing.com – Shares in Schaeffler AG (ETR:SHA0) slumped sharply in European trading on Wednesday after the car parts maker warned its full-year income margin would be below the group’s guidance. In an ad hoc release citing preliminary figures on Tuesday, the