US stocks soar after benign CPI release; bank earnings impress
Investing.com — US stocks rose sharply Wednesday after the release of cooler than expected underlying consumer inflation, raising the potential for easier monetary policies this year. At 08:40 ET (13:40 GMT), the Dow Jones Industrial Average gained 705 points, or 1.7%, the S&P
Vertical Aerospace stock soars with new chairman appointment
Investing.com — Shares of Vertical Aerospace (NYSE: EVTL) surged 31% after the company announced the appointment of Dómhnal Slattery as the new chairman of its Board of Directors. The market responded positively to Slattery’s extensive background in aviation finance and
Price increases at bottom of parcel market should be positive for FedEx, UPS
Investing.com — The parcel market is evolving with more emphasis on price, which Wells Fargo (NYSE:WFC) analysts believe will benefit major players like FedEx (NYSE:FDX) and UPS in 2025. In a nte Wednesday, the firm highlighted that the U.S. Postal
Compass Point starts on Curbline Properties with neutral rating
Investing.com — Compass Point has initiated coverage of Curbline Properties Corp (NYSE:CURB) with a “neutral” rating and a price target of $24 given company’s unique focus on unanchored convenience properties and its low-leverage model. Spun out from Site Centers in