Wells Fargo analysts project Trump auto industry impact
Wells Fargo (NYSE:WFC) provided an update on the automotive industry following President Trump’s inauguration speech. The firm outlined the key risks and anticipated timeline for policy actions affecting the sector, noting that there were no surprises regarding Trump’s
3M posts fourth-quarter profit above estimates on strong demand
(Reuters) – U.S. industrial conglomerate 3M Co on Tuesday forecast 2025 adjusted profit largely in line with Wall Street estimates, as the company cut costs amid weak consumer spending on non-essential items. The St. Paul, Minnesota-based company expects 2025 adjusted
Standard Chartered names Sal Vitale as US coverage head
(Reuters) – Standard Chartered (OTC:SCBFF) has named Sal Vitale as managing director and head of coverage for the U.S. and the Americas, the bank said on Tuesday. Vitale brings almost 25 years of corporate and investment banking experience, having previously served
Smithfield Foods targets up to $10.7 billion valuation in US IPO
(Reuters) – Smithfield Foods is targeting a valuation of up to $10.73 billion in its U.S. initial public offering, the Farmland (NYSE:FPI) bacon maker said on Tuesday. Hong Kong-based WH Group (OTC:WHGLY), the world’s largest pork producer, is spinning off Smithfield