Investing.com – Poland stocks were lower after the close on Monday, as losses in the , and sectors led shares lower. At the close in Warsaw, the lost 0.07% to hit a new 6-months low. The best performers of the session on the were Benefit Systems SA (WA:), which rose 5.31% or 130.00 points to trade at 2,580.00 at the close. Meanwhile, Grupa Azoty SA (WA:) added 3.70% or 0.72
By Sriparna Roy (Reuters) -CVS Health added Glenview Capital’s top boss and three others to its board in a deal with the hedge fund, a month after the healthcare conglomerate tasked a new CEO with its turnaround efforts. The company has been facing pressure from investors including Glenview to improve its operations and shareholder value after missing financial targets several times due to increased medical costs in its health insurance
By Ron Bousso LONDON (Reuters) – Almost five years ago, BP (NYSE:) embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals, revive its share price and allay investor concerns over future profits. Rivals Shell (LON:)
U.S. natural gas futures rose, with forecasts pointing to a colder start to December that could lift heating demand. Source link
Investing.com — Shares of ASR Nederland (AS:) rose on Monday following an upgrade from UBS, which revised its rating of the stock to “buy” from “neutral.” The brokerage cited several compelling factors, including strong shareholder returns, attractive valuations, and increased potential for further share buybacks. UBS analysts flagged that ASR’s recent capital actions signal confidence in its financial health and future growth. Earlier this month, ASR announced a surprise €100
Donald Trump’s call to undo Biden-era regulation isn’t welcome news for all fossil-fuel producers. Source link
Investing.com — The U.S. equity market faces a potential pullback of 5% to 9% in the near term, according to Evercore ISI analysts on Monday, citing a combination of macroeconomic and policy factors. In a research note, Evercore ISI highlighted how post-election certainty, driven by President-elect Donald Trump’s decisive victory, initially buoyed equities. However, they explain that the stability has now fostered investor complacency, with looming risks such as tariffs, immigration
The chip maker’s earnings day has become a major event on Wall Street, drawing comparisons with Fed meetings and key economic reports for their influence over the broader market. Source link
(Reuters) -Spirit Airlines has filed for bankruptcy protection after the pioneer of no-frills travel in the U.S. struggled with a long run of quarterly losses and significant debt, it disclosed on Monday. The airline’s woes deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways (NASDAQ:) in January and the impact of RTX’s Pratt & Whitney Geared Turbofan (GTF) engines snag that has grounded many of its
Gold futures rose, recouping some ground as the U.S. dollar’s rally slowed, BMI said, adding the Fed’s likely more-cautious approach to rate cuts will be a headwind, but while there are strong downside risks to gold in 2025 and significant volatility should be expected, in the longer term prices should stay elevated compared with the prepandemic levels. Source link
