News

Economic Challenges Await Biden and Sunak

Biden and Sunak face elections in a challenging economic climate despite low unemployment and controlled inflation.

Brazil's Crop Agency Lowers Production Outlook

Brazil's crop agency, Conab, has revised down its production forecasts for corn and soybeans in the 2023/24 season due to adverse weather conditions, leading tr...

New York Community Bancorp Shares Fall on Risk of Deposit Outflows

Shares of New York Community Bancorp are experiencing a decline due to concerns over deposit outflows. Analysts downgrade the stock and highlight the risk of fu...

Interpublic Group of Companies Shows Strong Q4 Results

Interpublic Group of Companies (IPG) reported strong Q4 results, exceeding Wall Street expectations with impressive net income growth and controlled expenses.

Mirvac Reports First-Half Statutory Loss on Property Portfolio Revaluation

Mirvac reports a significant decline in profits for H1 2023 due to devaluation of property portfolio. Despite the loss, Mirvac remains optimistic and maintains...

Berkshire Hathaway Inc. Cl B (BRK.B) Stock Inches Higher

Shares of Berkshire Hathaway Inc. Cl B (BRK.B) increase, marking fifth consecutive day of gains and surpassing 52-week high. Outperforms competitors in the mark...

NHL Legend Chris Chelios Drops Price on California Home

NHL legend Chris Chelios has reduced the price of his luxurious California home to $67.5 million in hopes of making a significant profit. The property features...

Finning International Reports Lower Q4 Profit

Finning International reported lower fourth-quarter profit due to significant foreign currency impact in Argentina. Revenue remained relatively unchanged. Chall...

MasterCraft Boat Sales Decline in Q2

MasterCraft Boat's sales for Q2 have dropped, with adverse macroeconomic factors and increased competition impacting the demand for recreational boats and luxur...

Barratt Developments to Acquire Redrow in £2.52 Billion Deal

Barratt Developments acquires Redrow in a £2.52 billion deal, creating Barratt Redrow and generating estimated revenues of £7.5 billion. Shares fluctuate as ind...