Freightos Finance Chief to Depart at End of 2024
The payments platform for the freight industry said Monday that Ran Shalev has decided to end his tenure as CFO on Dec. 31. The Barcelona-based Freightos said it has started looking for a successor.
This little-known timing model nailed the 2022 bear market. Now it’s warning that stocks are a ‘dead cold sell.’
A little-known market timing indicator with a spot-on track record has just flashed a “dead cold sell” signal.
Macy’s stock drops after ‘erroneous’ accounting entries found, leading to delay of quarterly results
Shares of Macy’s Inc. M dropped 3.7% in premarket trading Monday, after the department-store chain said it uncovered “erroneous accounting accrual entries,” which will result in the company delaying ...
Snowflake upgraded as AI ‘revolution’ hits its ‘next gear’ with software, one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 ...
Bath & Body Works’ stock soars 10% after earnings beat and raised guidance
Bath & Body Works Inc.’s stock BBWI jumped10% premarket Monday, after the beauty and home fragrance company’s third-quarter earnings topped estimates and it raised guidance. The Columbus, Ohio-based ...
Oil prices consolidate after surging on rising geopolitical jitters
Oil futures were slightly lower early Monday, consolidating after a surge that saw the U.S. benchmark jump more than 6% last ...
Peabody Energy Shares Slip on Anglo American Asset Acquisition
Shares of Peabody Energy fell after the company said it would buy Anglo American's remaining steelmaking coal assets for up to $3.775 billion. The stock was down 7% at $25.48 in premarket trading.
EQT Teams with Blackstone for $3.5 Billion Midstream Joint Venture
EQT said it has agreed to form a new midstream joint venture with Blackstone's credit asset management division in exchange for $3.5 billion in cash.
CareMax to Sell Core Assets to ClareMedica
CareMax will sell its core assets to ClareMedica Health Partners after filing for bankruptcy last week. The technology-enabled care-delivery system said Monday that it entered into a "stalking horse" ...
In Spain, Veolia Displays Strong Ambitions to Support Ecological Transformation by Putting Expertise and Innovation at the Service of Territories
As a leader in energy efficiency in Spain, Veolia aims to support the country's electrification and decarbonization. 8 acquisitions in this sector will be concluded by the end of the year, including ...
Procter & Gamble’s stock up after D.A. Davidson upgrade to buy from neutral on positive China sales
Proctor & Gamble Co.’s stock PG rose early Monday, after D.A. Davidson upgraded it to buy from neutral, citing positive comments from management on sales in China. Analysts Linda Bolton Weiser and ...
Scott Bessent’s hedge fund has seen up-and-down returns
Key Square Group, the hedge fund started by Scott Bessent in 2015, has seen its assets under management drop sharply over the ...