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Jan 17, 2025
DFS Furniture posts strong H1 profit but cautions on market pressure ahead
-- DFS Furniture (LON:DFSD) on Friday reported strong first-half results driven by market share gains, cost savings, and improved gross margins. Shares of the...
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Jan 17, 2025
"Goldilocks data", solid earnings have prompted some re-risking, Barclays says
- Strong US economic indicators and corporate returns this week have likely whetted the appetite for riskier assets among some recently cautious investors, according...
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Jan 17, 2025
Global equity funds see drop in demand on rising US Treasury yields
(Reuters) - Demand for global equity funds declined sharply in the week through Jan. 15, as U.S. Treasury yields rose and expectations for the Federal Reserve's interest rate cuts...
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Jan 17, 2025
Goldman Sachs sees limited upside in European stocks
-- Goldman Sachs strategists expect “lacklustre upside” in 2025 for European stocks, projecting a modest 4% price increase and a 7% total return, down from 10% last...
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Jan 17, 2025
Evoke expects earnings to exceed market expectations, shares jump
-- Shares of Evoke (LON:EVOK) jumped over 9% on Friday after the sports betting and gambling giant said that its full-year earnings are expected to exceed market...
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Jan 17, 2025
Orsted stock on the rise after ABG Sundal Collier's rating upgrade
-- Shares of offshore wind developer Orsted (CSE:ORSTED) experienced a boost of up to 4.7% following an upgrade in recommendation to buy from hold by ABG Sundal...
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Jan 17, 2025
Stay long commodities and flip to long gold vs. oil: BofA's Hartnett
-- Money market funds recorded the largest outflows since April 2024, with $83.5 billion withdrawn in the week to January 15, Bank of America revealed in its latest...
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Jan 17, 2025
Glencore-Rio Tinto merger talks stall - report
-- Glencore (OTC:GLNCY) reportedly approached Rio Tinto (NYSE:RIO) late last year about a potential merger to combine their copper operations, but discussions have...
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Jan 17, 2025
Polish state fund hires Societe Generale for Talgo takeover, El Confidencial says
MADRID (Reuters) - Poland's state fund has hired Societe Generale (OTC:SCGLY) to prepare for a takeover bid of Spanish train maker Talgo (BME:TLGO), news website El Confidencial...
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Jan 17, 2025
Indonesia stocks higher at close of trade; IDX Composite Index up 0.42%
– Indonesia stocks were higher after the close on Friday, as gains in the Agriculture, Basic Industry and Property sectors led shares higher. At the close in...
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