Summary: Kraft Heinz Co. to face trial over firing an employee for comments regarding a Halloween costume depicting a Black character from Miami Vice TV show
Full articleSummary: BlackRock Municipal Income Fund, Inc. (MUI) shareholders approved proposals for the conversion of the Fund to an unlisted closed-end interval fund structure, expected to occur in the first quarter of 2025.
Full articleSummary: Intel has launched Xeon 6 server processors and Gaudi 3 AI accelerators, boasting improved performance with a mix of performance cores and efficient cores.
Full articleSummary: PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for over $1 billion. The acquisition could be announced soon unless the talks fail.
Full articleSummary: Citigroup will issue its third quarter 2024 results via press release and live webcast on October 15, 2024.
Full articleSummary: BetterInvesting Magazine has announced Kinsale Capital Group Inc. as its 'Stock to Study' and Yum China Holdings Inc. as its 'Undervalued Stock' in the December 2024 issue.
Full articleSummary: Bank of America believes that EUR/USD has limited upside towards their year-end target of 1.12, with expectations for interest-rate cuts from the Federal Reserve and European Central Bank already fully priced for 2024. BoA sees the potential for EUR/USD to rise in 2025 due to a weaker dollar.
Full articleSummary: Chevron and Hess are in the news for an unspecified reason.
Full articleSummary: Stocks closed the quarter with record gains as investors responded positively to Federal Reserve Chair Jerome Powell’s commitment to support the economy
Full articleSummary: The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 27 September 2024 were 224.53p Capital only (undiluted) and 228.54p Including current year income (undiluted). Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.
Full articleSummary: Morgan Stanley has raised its price target for Bank of New York Mellon, reflecting confidence in the bank's performance. Other analysts, including Goldman Sachs and Deutsche Bank, have also increased their targets and ratings for the stock.
Full articleSummary: Whales are bearish on JPMorgan Chase with a mix of bullish and bearish trades detected. The predicted price range for JPM is $155.0 to $225.0 over the recent three months. Expert opinions provide an average target price of $227.5 for JPMorgan Chase.
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