Wide-Moat Symrise Sees Solid Demand Recovery in 2024
Symrise is one of the four largest companies in the global flavour and fragrance industry. It creates bespoke flavour and fragrance formulations from over 10,000 natural and synthetic raw materials ...
Nestle Appoints Laurent Freixe as CEO
Nestle said Chief Executive Mark Schneider is leaving the company after eight years in the top role and appointed Laurent Freixe, its Latin America head, as his successor. Freixe's appointment will be ...
Apple to Let iPhone Users Delete Safari, Other Native Apps to Comply With EU Law
Apple will let iPhone users in the European Union delete native apps, including the App Store and Safari, and make third-party tools more obviously available in a bid to align its products with the ...
Reducing Whitehaven's Fair Value by 3% on Lower Near-Term Coal Sales, Higher Unit Cash Costs
Whitehaven Coal offers exposure to global energy and steel demand via thermal and metallurgical coal production. Its mines are in New South Wales, Australia. Salable coal production expanded from 10 ...
Nordic Stocks Rose Thursday; Bavarian Nordic Led Increases
Bavarian Nordic A/S was the biggest leader among large stocks during the session, surging 10.2%, and Kaldvik A/S rose 7.9%. Essity AB Series A rounded out the top three leaders on Thursday, with ...
Toronto Stocks Retreat, Railroad Workers Locked Out; Toronto-Dominion Bank Down on 3Q Loss
Shares of Toronto-Dominion Bank were 3.1% lower at 78.78 Canadian dollars ($57.95) after reporting a loss in the third quarter despite higher revenue. The Canadian financial institution was hit by a ...
Peloton ends streak of revenue declines, sending its stock soaring on earnings
Peloton is modeling a decline as well in its new full-year view, which is for $2.4 billion to $2.5 billion in revenue, below the $2.7 billion seen in fiscal 2024.
'Getting off data dependence' is key for Fed's soft landing, says Fundstrat's Tom Lee
That's Tom Lee, managing partner and head of research at Fundstrat Global Advisors, who told CNBC's "Squawk Box" that the Federal Reserve's reliance on economic data to make interest-rate decisions ...
Mortgage rates inch down, but home buyers remain 'lethargic'
Mortgage rates inched down in the latest week, but home buyers remain on the sidelines. The 30-year fixed-rate mortgage averaged 6.46% as of Aug. 22, according to data released by Freddie Mac (FMCC) ...
As Nvidia earnings approach, this is the 'wildcard'
But in terms of Nvidia's latest quarterly results, due next Wednesday, the focus will be on Hopper, the company's current chip family. While Rosenblatt Securities analyst Hans Mosesmann expects ...
ICE Canola Midday: Prices Lower With Soy, Rapeseed
WINNIPEG, Manitoba--Intercontinental Exchange canola futures were pulling back at midsession Thursday, due to declines in the Chicago soy complex and European rapeseed. "People are bearish," an ...
BMW Overtakes Tesla in EU Electric Vehicle Sales
Automotive research firm Jato Dynamics said Thursday that the German luxury-car maker took the top spot from Tesla, driven by the iX1, i4, and i5 models. BMW registrations, which reflect sales, rose ...