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
Ryanair expects Boeing to regain competitive edge with Trump’s White House return
Investing.com — The anticipated return of Donald Trump to the White House is predicted to provide a competitive boost to Boeing Co (NYSE:BA)., as stated by the largest European operator of the US planemaker’s flagship 737 Max. Eddie
US companies gear up for IPOs under new administration – NYSE president
Investing.com — The US companies have started planning for initial public offerings (IPOs) under the new administration, New York Stock Exchange President Lynn Martin revealed in a recent Bloomberg interview at the World Economic Forum in Davos. Martin confirmed the
Benchmark ‘buy’ on Seagate after Q2 earnings beat
Investing.com — Benchmark upgraded Seagate Technologies to “Buy” and raised its price target to $120 citing strong cloud and AI-driven demand as key growth drivers, which helped the storage company beat quarterly earnings estimate. Seagate’s fiscal Q2 results exceeded expectations, with non-GAAP
Brazilian government officials renew fiscal balance pledge
SAO PAULO (Reuters) – Brazilian government officials on Wednesday reaffirmed their commitment to balancing public accounts, as financial markets continue to question the ability of President Luiz Inacio Lula da Silva’s administration to meet its fiscal targets. Lula’s chief of staff,