Futures point to a mixed start for stocks on Wall Street Friday morning. With the economic calendar rather light, investors are likely to focus on earnings. The Dow futures are down 0.14 percent, while the S&P futures and the Nasdaq futures are up 0.21 percent, and 0.52 percent, respectively. American Express said that its bottomline...
Source: YouTubeProgressive senator and staunch crypto skeptic Elizabeth Warren (D-MA) claimed on Tuesday that a well-funded member of the “crypto lobby” is vying to displace her from her seat on Capitol Hill. As reported by Fox Business journalist Eleanor Terret, a source received an email from Warren’s campaign team claiming that she’s “not afraid” of...
On Wednesday, Stifel demonstrated confidence in Clearpoint Neuro Inc. (NASDAQ:CLPT) by increasing the stock\'s price target to $9.00, up from the previous $8.00, while reaffirming a Buy rating. This adjustment reflects the company\'s strong performance, which includes a 17% growth in top-line revenue and a significant reduction in cash burn for the year 2023. Clearpoint...
After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much more than expected in the month of March. The Commerce Department said housing starts plummeted by 14.7 percent to an annual rate of 1.321...
Telecommunications company Vodafone is taking steps to leverage SIM card technology in order to meet the expected surge in demand for crypto transactions on mobile phones. In an interview with Yahoo Finance Future Focus, David Palmer, Vodafone’s blockchain lead, revealed that the company is pushing to advance the use of blockchain technology on mobile devices for managing...
The Bank of England said the capital threshold for major UK banks will be virtually unchanged, and delayed the implementation date for the new Basel standards by another six months as regulators bowed down to heavy lobbying. The Prudential Regulation Authority estimated that the tier 1 capital requirements for major banks will increase by less...
Smartfren Telecom Tbk (FREN) booked another loss of IDR 473.8 billion in the first half of 2024, following its loss in H1 2023 of IDR 108.93 billion. In terms of top-line, FREN’s operating revenue actually saw a slight climb of 0.2% year-on-year (yoy) to IDR 5.57 trillion. In the same semester last year, the company’s...
By Lisa Barrington SINGAPORE (Reuters) - Philippine budget airline Cebu Pacific will decide in May or June whether to choose Airbus or Boeing (NYSE:BA) for an order of more than 100 narrowbody aircraft flagged last year, the carrier\'s CEO Michael Szucs said. Cebu Pacific is deciding whether to choose a combination of Airbus\' A320neo and...
By Joanna Plucinska and Tim Hepher COLOGNE (Reuters) - The acting head of Europe’s aviation regulator said on Wednesday the agency would halt its indirect approval of Boeing’s jet production if warranted, but he feels reassured that the planemaker is tackling its latest safety crisis. In an interview with Reuters, the European Union Aviation Safety...
JAKARTA -PT Tripar Multivision Plus Tbk (RAAM), a production house for movies and series, will issue 619.42 million shares via a private placement on September 26, 2024. This corporate action will be further decided in Extraordinary General Meeting of Shareholders on September 12, 2024. In the short prospectus quoted Tuesday (27/8), as of now, RAAM’s...