Hyundai Divests Manufacturing Facilities In Russia, Reportedly Takes $219M Loss On Strategic Sale
Hyundai Motor Co (OTC: HYMTF) plans to
Aluminum Giant Alcoa Gains Tax Credit Momentum In Q4 Amid Brazilian Asset Adjustments
Alcoa Corp (NYSE: AA) updated its guidance as the U.S.
ADM Enhances Flavor Power: Acquires Revela Foods To Spice Up Global Portfolio
Archer-Daniels-Midland Company (NYSE: ADM) disclosed the acquisition of Revela Foods for
Obesity/Diabetes Drug Class GLP-1s’ Cost-Saving Potential: Decoding Impact on Healthcare Spending
Due to the recent achievements of GLP-1s, Goldman Sachs sees significant potential for Eli Lilly And Co (NYSE: LLY), Novo Nordisk A/S (NYSE: NVO), and other companies to venture
Declining Interest Rates Should Boost Investment Appeal For Canadian Banks: BofA Analyst
B Of A Securities analyst Ebrahim H. Poonawala revised the rating on several Canadian Banks amid a declining rates scenario.
The analyst says the rapid decline in interest rates (5yr yield -120bp since Oct high) lowers the probability of tail risk events posed by a higher for longer scenario.
Wegovy’s Success Spurs Novo Nordisk Foundation’s Philanthropic Initiative To Enhance Respiratory Disease Vaccines
The Novo Nordisk Foundation pledged 1.8 billion Danish crowns ($265 million) toward an initiative to enhance vaccines for respiratory illnesses.
Illumina-Grail $8B Saga Ends After It Battles Regulators For 3 Years
On Sunday, gene-sequencing company Illumina Inc (NASDAQ: ILMN) agreed to divest cancer diagnostic test maker Grail Inc as the companies battled with the U.S.
How High Can S&P 500 Go In 2024? Goldman Sachs Sets An Even Loftier Target
Goldman Sachs revises 2024 S&P 500 index target to 5100, up 7% from current level, due to Fed rate cut forecast & global disinflation trend.
Unilever’s Glamorous Exit: Elida Beauty Finds a New Home With Yellow Wood Partners
Unilever PLC (NYSE: UL) disclosed a binding offer to sell Elida Beauty Business to Yellow Wood Partners LLC