The Market Script

IMF urges Turkey to avoid repeat of bumper minimum wage hike

By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…

Economy

CME Group profit jumps on record trading strength

(Reuters) -CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to…

Economy

ECB starting to debate if rates must fall below neutral level – Reuters

Investing.com — European Central Bank officials have begun to debate whether the time has come to start lowering interest rates to a level…

Stock

Merck buys cancer therapy developer Modifi Biosciences for up to $1.3 billion

(Reuters) – Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately…

Stock

Iberdrola gives upbeat outlook as strategy pays off

By Pietro Lombardi MADRID (Reuters) -The chief of Europe’s largest utility Iberdrola (OTC:IBDRY) gave a bullish outlook for the coming years on…

Stock

Earnings call: Cadence Bank reports steady Q3 growth, eyes future momentum

Cadence Bank (CADE) reported a solid performance in its third-quarter 2024 earnings call on October 30, 2024, with GAAP net income reaching…

Stock

Earnings call: CN reports steady growth despite macro challenges

In the third quarter of 2024, CN (Canadian National Railway (TSX:CNR) Company, ticker: CNR) reported modest financial growth and operational improvements amidst…

Stock

Earnings call: Lockheed Martin reports strong demand in Q3 2024

Lockheed Martin (NYSE: NYSE:LMT) has revealed a robust third-quarter performance for 2024, marked by a record-breaking backlog and a slight sales increase….

Investing