Summary: GE Aerospace plans to increase sourcing of components from India, citing the country's capable companies and engineering talent.
Full articleSummary: Shares of Colgate-Palmolive (India) Ltd. rose 1.69% in Monday's trade, trading above key moving averages and showing bullish signals with MACD and RSI.
Full articleSummary: John Deere has issued a recall for approximately 147,900 compact utility tractors in the United States and Canada due to a crash hazard caused by brake linkage failure. The recall affects models 1023E, 1025R, and 2025R Compact Utility Tractors.
Full articleSummary: The analyst has a beneficial long position in Alibaba's shares and is refraining from rating it as 'Buy' despite its slowly declining trend.
Full articleSummary: John Deere recalls 147,900 compact utility tractors in the US due to a braking issue, leading to a crash hazard. The company is offering free repairs for the affected models
Full articleSummary: FedEx's recent earnings report was weaker than expected, prompting a sharp sell-off of its stock. Investors are now looking to see how FedEx's performance could impact its rival UPS ahead of UPS's third-quarter 2024 earnings report.
Full articleSummary: FedEx (NYSE: FDX) reported weaker-than-expected first-quarter 2025 earnings, cutting its full-year revenue and earnings guidance, leading to a sharp stock selloff.
Full articleSummary: The end of the Chevron doctrine empowering federal regulators may not lead to significant changes for the Department of Justice Tax Division as per an official.
Full articleSummary: Amazon and Google are making efforts to enhance payments infrastructure to gather consumer data and drive revenue growth through partnerships and financial products. They are focusing on embedding themselves in transactions to collect valuable consumer data and expand their presence in the payments space. Both companies have faced challenges in launching financial products but have found success in partnerships.
Full articleSummary: California files a lawsuit against ExxonMobil for allegedly lying about plastic recycling operations and contributing to water pollution, accusing the company of conducting a decades-long campaign of deception regarding plastic recyclability.
Full articleSummary: Paypal's stock performance is showing a strong upward trend with a 2.50% increase. The company is outperforming Nasdaq 100 on a weekly basis, indicating higher investor interest. From a technical standpoint, Paypal is in a strengthening phase with resistance at $79.2 and immediate support at $77.75. The session is expected to continue bullish with resistance at $80.65.
Full articleSummary: Google is introducing new features to enhance its Google TV platform, including a new home panel for smart home device control, a sports page for sports content, AI capabilities for personalized recommendations, and an expansion to more devices and countries.
Full articleSummary: Dow Inc. is expanding operations in North America due to lower natural gas prices. In Europe, the company is looking at 'right-sizing' operations as industrial demand remains 25% lower than pre-pandemic levels. Dow plans to focus on investments in product chains with energy and feedstock advantages, particularly in the Americas.
Full articleSummary: Starbucks Reserve has introduced a variety of pumpkin spice treats including beverages, cocktails, and baked goodies at their Roasteries and SoDo Reserve store in Seattle.
Full articleSummary: Bank of America plans to open over 165 'financial centres' by end of 2026, focusing on in-depth advice; clients have made nearly 10 million appointments in the past year with financial specialists, with 20% of them for investing discussions. Despite digital banking rise, US firms like BofA, JPMorgan Chase, and PNC Bank are investing in expanding their physical branch networks.
Full articleSummary: Boeing is facing a second week of a machinists strike, costing the company hundreds of millions of dollars per week
Full articleSummary: Alphabet's stock rating was reiterated as 'neutral' with a price target of $190.00, indicating a potential upside of 16.06% from the current price. Various research reports have given 'buy' and 'outperform' ratings to Alphabet. Insider activity includes CEO selling shares. Hedge funds have also shown interest in acquiring Alphabet shares.
Full articleSummary: FDA approval of Eli Lilly's drug EBGLYSS for the treatment of moderate-to-severe atopic dermatitis (eczema) is expected to significantly improve the lives of those suffering from the condition.
Full articleSummary: The Federal Trade Commission has sued the nation’s three biggest pharmacy benefit managers, accusing them of creating a system that has driven up the price of insulin. The PBMs, including CVS Caremark, Cigna’s Express Scripts, and UnitedHealth Group’s Optum Rx, deny the allegations and blame insulin manufacturers for the issue.
Full articleSummary: PayPal Holdings is rolling out its new 'Fastlane' guest checkout service, with monetization expected to begin in 2025. The company's strategic priorities under CEO Alex Chriss are showing early signs of success, leading to a price target increase by Deutsche Bank analyst Bryan Keane.
Full articleSummary: Proposed rule may require General Motors and Ford Motor to stop exporting vehicles from China to the United States due to crackdown on Chinese software and hardware.
Full articleSummary: California sued ExxonMobil for allegedly misleading the public about plastics recycling, contributing to global pollution crisis. The lawsuit seeks to hold ExxonMobil accountable for promoting all plastics as recyclable when only a small fraction actually gets recycled.
Full articleSummary: FedEx driver prevents package theft with the help of homeowner and police investigation.
Full articleSummary: Citigroup faces regulatory obstacles from US Federal Reserve for setting up a standalone securities firm in China due to past fines and data management issues. Despite challenges, Citigroup remains committed to expanding in China's financial market.
Full articleSummary: Booking Holdings (BKNG) had its Relative Strength (RS) Rating upgraded from 68 to 72, still below the 80 point benchmark. The stock is trading within a buying range after breaking a key buy point.
Full articleSummary: Ford recalls 16,543 F-150 pickups from 2022 due to parking lights flickering issue, to be fixed with new LED driver software by dealers at no cost.
Full articleSummary: Bank of America announces plans to open 165 branches by the end of 2026, signaling a shift towards physical locations for attracting new customers and cementing relationships. This expansion comes after a period of branch network downsizing in past years.
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