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Jan 23, 2025
Valley National earnings missed by $0.02, revenue topped estimates
- Valley National (NASDAQ: VLY) reported fourth quarter EPS of $0.13, $0.02 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $474.18M...
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Jan 23, 2025
Weak investor sentiment is bullish for stocks: Yardeni
-- Despite record-high stock prices, investor sentiment has taken a decidedly bearish turn in recent weeks, a development that Yardeni Research views as a contrarian...
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Jan 23, 2025
JPMorgan cuts Panama view on Trump's threat to 'take back' canal
By Marc Jones LONDON (Reuters) - U.S. investment bank JPMorgan has downgraded its recommendation on Panama's bonds after U.S. President Donald Trump ramped up his threat this week...
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Jan 23, 2025
Nike's credit outlook revised to negative from stable by Moody's
-- Moody's (NYSE:MCO) Ratings has revised the outlook for NIKE, Inc. to negative from stable while affirming all the company's ratings. This includes the A1 senior...
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Jan 23, 2025
ACI Worldwide gets credit rating upgrade to 'BB+' at S&P amid lower leverage and growth prospects
-- ACI Worldwide Inc. (NASDAQ:ACIW), a payment systems company, has received an upgrade in its issuer credit rating to 'BB+' from 'BB' at S&P Global due to lower...
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Jan 23, 2025
BMW CEO won't extend contract beyond summer 2026, reports manager magazin
BERLIN (Reuters) - BMW (ETR:BMWG) Chief Executive Oliver Zipse will not extend his contract beyond the summer of next year, when it expires, Germany's manager magazin reported on...
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Jan 23, 2025
UBS assigns a 35% chance of a stock market bubble
-- UBS analysts see growing risks of a stock market bubble as bond yields rise, assigning a 35% probability of one forming in the near future.  The bank wrote in a...
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Jan 23, 2025
BMW CEO Oliver Zipse not to extend contract beyond summer 2026
-- BMW (ETR:BMWG)'s Chief Executive Officer, Oliver Zipse, will not renew his contract beyond the summer of 2026, according to a report from Germany's manager...
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Jan 23, 2025
Inchcape shares plunge over 10% after J.P. Morgan downgrade to 'neutral'
-- Shares of Inchcape (LON:INCH) took a hit on Thursday, plunging more than 10% after analysts at J.P. Morgan downgraded the stock to a "neutral" from an...
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Jan 23, 2025
Indicator points to slow recovery for European IT services during 2025: BofA
-- The recovery in the European IT services sector will likely remain gradual throughout 2025, Bank of America said in a note, citing its BofA European IT Services...
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