On Wednesday, Jefferies adjusted its outlook on International Game Technology (NYSE:IGT), reducing the stock\'s price target to $26.00 from the previous $30.00 while retaining a Hold rating on the shares. The adjustment followed IGT\'s trading activity, which saw a decline during Wednesday\'s session despite a reported 2% beat in Q4 adjusted EBITDA. The reduced price...
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday. The NZ dollar fell to near 2-week lows of 0.6103 against the U.S. dollar and 91.84 against the yen, from yesterday\'s closing quotes of 0.6169 and 92.84, respectively. Moving away from a recent 2-day low of 1.7555 against the euro,...
Pelayaran Tamarin Samudra Tbk (TAMU), an oil and gas supporting service provider, has divested 1 unit of vessel to PT Pertamina Trans Kontinental. Edi Purwanto, Director of TAMU, said that the unit divested to the subsidiary of PT Pertamina (Persero) is Accomodation Work Barge (AWB) Petroleum Superior. “The selling price in the transaction agreed by...
German stocks advanced on Wednesday ahead of key U.S. inflation data and the Federal Reserve\'s rate decision later in the day. Meanwhile, Germany\'s consumer price inflation increased for the first time in five months in May, as initially estimated, according to final data from Destatis. Consumer price inflation rose to 2.4 percent in May from...
JAKARTA – Total users’ funds in People’s Economic Bank (lit. Bank Perekonomian Rakyat/BPR) until the first half (H1) of 2024 reportedly reached IDR 167.1 trillion, up 6.1% year-on-year (yoy) from IDR 157.42 trillion seen in the same period in 2023. In terms of amount, savings under IDR 100 million dominated 98.22% of total accounts in...
Crypto.com has surpassed Coinbase in daily trading volume, reaching $3.16 billion on August 1. According to a social media post by Crypto.com, the exchange led in USD-supported spot trading volume in July. Open interest on its derivatives market is nearing $1 billion, marking a fourfold increase since January this year. Reported Trading Volume Continues to...
This year, Equal Pay Day in the U.S. falls on Tuesday, March 12. So what is the significance of the Equal Pay Day? It is a day that was originated by the National Committee on Pay Equity, or NCPE, in 1996 to promote public awareness regarding the gap between men\'s and women\'s wages. This is...
United Tractros Tbk (UNTR), a subsidiary of PT Astra International Tbk (ASII) engaged in the heavy equipment and mining industry, is preparing for interim dividend distribution of IDR 2.42 trillion or IDR 667 per share. Sara K. Loebis, Corporate Secretary of UNTR, confirmed that the plan is in line with the decision made by the...
On Wednesday, Goldman Sachs began coverage on shares of Royal Caribbean Cruises (NYSE:RCL), assigning a Buy rating and setting a price target of $162. The firm highlighted the cruise operator\'s superior execution and potential for pricing advantages. Royal Caribbean is currently focused on enhancing its fleet, with plans to introduce several new \"megaships.\" These ships...
While reporting financial results for the second quarter on Thursday, Federal Signal Corp. (FSS) raised its adjusted earnings guidance for the full year 2024, while reaffirming annual net sales outlook. For fiscal 2024, the company now projects adjusted earnings in a range of $3.20 to $3.35 per share, up from the prior forecast range of...