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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden formally blocked Nippon Metal’s proposed $14.9 billion buy of U.S. Metal on Friday, citing nationwide safety considerations, dealing a doubtlessly deadly blow to the contentious plan after…
By Luc Cohen NEW YORK (Reuters) -Former New York Metropolis mayor Rudy Giuliani took the witness stand on Friday to attempt to fend off a bid to have him held in contempt of court docket by two Georgia election staff…
Investing.com – Greece shares have been larger after the shut on Friday, as beneficial properties within the Banking, Building and Journey sectors led shares larger. On the shut in Athens, the Athens Basic Composite added 0.40% to hit a brand…
By Manya Saini and Niket Nishant (Reuters) -Citigroup’s inventory might double in worth over the following three years as earnings surge, bills reasonable, and the “most vital” reorganization in 5 many years improves administration accountability, Wells Fargo (NYSE:WFC) analysts wrote…
Investing.com – Norway shares had been greater after the shut on Friday, as features within the Healthcare Gear & Companies, Pharma Biotech & Life Sciences and Utilities sectors led shares greater. On the shut in Oslo, the Oslo OBX added…
Investing.com — Mizuho analysts maintained an Outperform ranking for Uber (NYSE:UBER) with a value goal of $90 per share in a word Friday, citing sturdy fundamentals, enticing valuation, and strategic development investments. Regardless of near-term challenges, they view Uber’s long-term prospects…
By Savyata Mishra and Anna Pruchnicka (Reuters) -Shares of European and American spirits makers and brewers fell on Friday after the U.S. surgeon normal known as for most cancers warnings on the labels of alcoholic drinks. The consumption of alcoholic…
(Reuters) – Basic Motors Co (NYSE:GM) reported a 4.3% rise in annual U.S. auto gross sales on Friday, supported by larger demand for its pickup vehicles and SUVs. The Detroit automaker posted gross sales of about 2.7 million models in…
Investing.com — JMP Securities downgraded Google proprietor Alphabet’s (NASDAQ:GOOGL) inventory from Market Outperform to Market Carry out. The choice is available in anticipation of the courtroom’s cures following Google’s loss in an antitrust case in August, with a courtroom date…
BEIJING (Reuters) – Chinese language electrical automobile makers together with Nio (NYSE:NIO) and Li Auto (NASDAQ:LI) have adopted market leaders Tesla (NASDAQ:TSLA) and BYD (SZ:002594) in extending shopping for incentives to the beginning of 2025, as a worth struggle on…