News
The Formation of a "Baby Bubble" in the U.S. Stock Market
BofA Global Research identifies a "baby bubble" in the U.S. stock market driven by tech giants and artificial intelligence (AI), with implications for interest...
Canada's Budget Deficit Widens in November
Canada's budget deficit for November increased to 4.01 billion Canadian dollars, with a significant rise in the April-to-November period. Finance Minister aims...
Processa Pharmaceuticals Shares Slump After Public Offering
Shares of Processa Pharmaceuticals decline after public offering pricing. Company expects $7 million in gross proceeds. Stock has fallen 40% since start of year...
Challenges in Fixed Pricing Amidst Inflation: Northrop Grumman
Northrop Grumman faces challenges in managing fixed price contracts due to high inflation and budget overruns in the Sentinel program and B-2 bomber. Despite st...
Colgate Palmolive Reports Strong Fourth Quarter Results
Colgate Palmolive reports strong Q4 results with increased sales and adjusted earnings. Expects sales growth, gross profit margin expansion, and higher brand in...
Volvo Reports Strong Fourth-Quarter Earnings and Increases Dividend
Volvo reports strong Q4 earnings and dividend increase, despite market challenges. Company optimistic about future prospects.
Weyerhaeuser Reports Strong Q4 Profit Growth
Despite a slight decline in sales, Weyerhaeuser reports a significant increase in profit for the fourth quarter. The company's profit growth was driven by after...
LVMH Exceeds Analyst Forecasts with Strong Sales Growth
LVMH Moet Hennessy Louis Vuitton reports €86.15 billion in sales for 2023, with 13% organic growth, driven by fashion and leather-goods division. Despite challe...
The Power of AI: IBM's Impressive Quarter
IBM's fourth-quarter financial results reveal exponential growth in AI workloads, surpassing financial projections and setting an optimistic revenue outlook for...
U.S. Mortgage Rates Rise, but Remain Below 7%
U.S. mortgage rates have increased slightly but are still below 7%, attracting potential homebuyers. Experts anticipate a busy spring homebuying season with ris...