Barclays downgrades Moncler to ‘equal weight’ amid growth concerns
Investing.com — Barclays (LON:BARC) has adjusted its stance on Moncler, downgrading the luxury brand to an “equal weight” from an “overweight” rating. This revision reflects analysts’ concerns over the brand’s limited immediate growth catalysts and ongoing challenges in key
Brown-Forman announces restructuring, to cut about 12% of global workforce
(Reuters) – Jack Daniel’s maker Brown-Forman said on Tuesday it would cut about 12% of its global workforce, or 5,400 employees, as the company looks to cut costs amid weak alcohol demand. This post appeared first on investing.com
What Bitcoin’s past bull runs can tell about its future
Investing.com — Bitcoin‘s price surged by 120% in 2024, reaching a record high of $108,316 in mid-December, before retreating to $90,000—a 17.5% decline from its peak. This correction coincided with substantial withdrawals from US spot Bitcoin ETFs, including a net
JPMorgan Chase announces Jennifer Piepszak as new COO
Investing.com — JPMorgan Chase (NYSE:JPM) has named Jennifer Piepszak, the current co-CEO of its commercial and investment bank, as its new chief operating officer, effective immediately. This announcement coincides with the news that Daniel Pinto, the current president and chief
BofA changes ratings on seven chemical stocks, upgrades Celanese, Eastman, Olin
Investing.com — BofA revised ratings on chemical stocks amid a diverse chemical end markets and changed risk/reward views after a 15% sell-off in the sector in fourth quarter. Celanese (NYSE:CE) was upgraded to “Buy” from “Underperform” with a price target