U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.31%
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Go back to U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.31%
September 13, 2024 3:34 PM EDT
Goldman Sachs Still See 25bps Easing by Fed Next Week, Sees 25bps in Nov and 25bps in Dec, Total Cuts by Y/E of 75bps
The analyst comments "Jan Hatzius reiterates our view that the US labor market is slowing but not lurching towards recession in a fresh Global... More
September 13, 2024 3:31 PM EDT
Cit Still Sees 25bps Easing by Fed Next Week, Sees 50bps in Nov and Dec, Total Cuts by Y/E of 125bps
The analyst comments "Labor market data show an economy sliding toward recession with the rise in the unemployment rate likely to accelerate in coming months. We... More
September 13, 2024 6:31 AM EDT
RBC Capital analyst Nik Modi raised the price target on Campbell Soup (NASDAQ: CPB) to $51.00 (from $47.00) while maintaining a Sector Perform rating.
The analyst comments "We thought Campbell's investor day message was well crafted and well thought out. We agree that CPB is... More
September 12, 2024 7:06 AM EDT
For a significant amount of time, China was a critical growth engine for Western automakers, providing substantial demand and profit.
However, this trend is now reversing, creating major challenges for companies that once thrived in the market, according to a note from Morgan. Stanley on Thursday.
"China's two-decade run as a source of incremental demand and profit is moving the other way," the bank stated in a... More
