Nature\'s Sunshine Products stock target raised to $24 on EBITDA beat

On Wednesday, DA Davidson maintained a bullish stance on Nature\'s Sunshine Products (NASDAQ: NATR), raising the stock\'s price target to $24.00 from $21.50 and keeping a Buy rating. The nutritional and wellness products company reported a stronger-than-expected performance in the fourth quarter of 2023, with EBITDA surpassing estimates. Sales in constant currency terms increased by...

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Major European Markets Close Slightly Lower

European stocks closed slightly lower on Friday with investors largely reacting to quarterly earnings results, and assessing the outlook for growth in the wake of recent economic data. Persisting worries about tensions in the Middle East and uncertainty about the outcome of the upcoming U.S. presidential election weighed a bit on stocks. Russias central bank...

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UK Mortgage Approvals Near 2-Year High

UK mortgage approvals increased to a 22-month high in July as hopes of further interest rate cuts lured buyers to the housing market, data released by the Bank of England revealed Friday. Net mortgage approvals for house purchase rose to 62,000 in July from 60,600 in June. This was the highest since September 2022 and...

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FIS Boosts FY24 Outlook - Update

While reporting financial results for the second quarter on Tuesday, financial services company FIS (FIS) raised its adjusted earnings and revenue guidance for the full-year 2024. The company also provided outlook for the third quarter. For the third quarter, the company anticipates adjusted earnings in a range of $1.27 to $1.31 per share on revenues...

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