Abbott bumps up profit forecast on strong medical device sales
(Reuters) -Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand…
European tech, luxury stocks tumble as ASML, LVMH results disappoint
By Paolo Laudani and Ankika Biswas (Reuters) – Europe’s tech and luxury stocks slumped on Wednesday after disappointing results from industry heavyweights…
Musk’s SpaceX sues California panel, alleges political bias over rocket launches
By Mike Scarcella WASHINGTON (Reuters) -Billionaire Elon Musk’s SpaceX has sued a California commission in federal court, accusing panel members of political…
Coinbase stock volatility to rise in coming months, Citi warns
Investing.com — Citi analysts cautioned in a note Wednesday that Coinbase (NASDAQ:COIN) stock may experience heightened volatility in the coming weeks, driven by…
General Motors to contribute $625 million to new JV with Lithium Americas
(Reuters) -Canadian miner Lithium Americas (NYSE:LAC) said on Wednesday General Motors (NYSE:GM) will contribute $625 million to their new joint venture for…
Stellantis recalls 54,000 hybrid SUVs worldwide over brake pedal defect
WASHINGTON (Reuters) – Carmaker Stellantis (NYSE:STLA) said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in…
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.00%
Investing.com – U.K. stocks were higher after the close on Wednesday, as gains in the Mining, Household Goods & Home Construction and…
Klarna agrees to loan portfolio sale deal with Elliott – reports
Investing.com — Payments services operator Klarna is selling most of its UK “buy now, pay later (BNPL)” portfolio to hedge fund Elliott Investment…
Earnings call: Hancock Whitney reports $116m net income in Q3, NIM expands
Hancock Whitney Corporation (NASDAQ:HWC) reported a net income of $116 million, or $1.33 per share, for the third quarter of 2024, marking…
U.S. Bancorp earnings beat by $0.04, revenue fell short of estimates
Investing.com – U.S. Bancorp (NYSE: USB) reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for…
