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CVS Health Lowers FY24 Outlook - Update

CVS Health Lowers FY24 Outlook - Update

While reporting financial results for the fourth quarter on Wednesday, CVS Health (CVS) lowered its earnings and adjusted earnings guidance for the full-year 2024.
RTTNews | 567 days ago
GM, LG Chem Ink $19 Bln Cathode Supply Deal

GM, LG Chem Ink $19 Bln Cathode Supply Deal

General Motors has signed a long-term cathode material supply contract with South Korea's LG Chem worth 25 trillion Korean won or about $18.8 billion. For the auto major, the contract builds on its plan to create a strong, sustainable battery electric vehicle or EV supply chain to support its EV production needs. The deal will commence from 2026 through 2035 with the start of production...
RTTNews | 567 days ago
European Shares Mixed As US Rate Cut Bets Recede

European Shares Mixed As US Rate Cut Bets Recede

European stocks traded mixed on Wednesday as traders weighed hawkish comments from a slew of Federal Reserve officials and waited to see whether Chinese officials will unveil more effective measures to sustain a nascent market recovery.
RTTNews | 567 days ago
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Asian Shares Rise On China Support

Asian Shares Rise On China Support

Asian stocks rose broadly on Wednesday, with positive cues from Wall Street and hopes of more support from Beijing helping underpin investor sentiment.
RTTNews | 567 days ago
Antipodean Currencies Rise Amid Risk Appetite

Antipodean Currencies Rise Amid Risk Appetite

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Wednesday amid risk appetite, supported by a rebound in commodity prices and bargain hunting. Some traders seemed reluctant to make significant moves amid uncertainty about the near-term outlook for the markets after recent volatility.
RTTNews | 567 days ago

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