News

FTC reverses order barring John Hess from Chevron board
The FTC released Exxon, which acquired Pioneer Natural Resources (NYSE: PXD) last year, from an order barring former Pioneer CEO Scott Sheffield from its board. Chevron, which agreed to buy Hess (NYSE ...
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
A July easing could be followed by more rate cuts, as the Fed no longer needs a monetary policy stance designed to slow the ...
BHP logs record copper output but flags Jansen delay and cost blowout
(Reuters) -BHP reported on Friday annual copper production above 2 million metric tonnes for the first time but warned of ...
BHP reports record annual iron ore, copper output
For fiscal 2025, BHP reported record annual iron ore production from its Western Australia Iron Ore (WAIO) operations, with ...
Japan CPI inflation eases in June, core print remains above BOJ target
A core CPI reading that excludes both fresh food and energy costs rose to 3.4% y-o-y in June from 3.3% in the prior month. The print is watched by the BOJ as a gauge of underlying inflation. Headline ...
Implementing Trump’s proposed NASA cuts illegal before Congress passes budget, Democrats say
Making those moves before Congress agrees on its official NASA budget, currently drafted to reject Trump’s proposed cuts, ...
Why This Large Bank Is Outperforming Its Peers
The higher noninterest income stems from increases in fees for equity underwriting, card fees, wealth management fees, and mortgage banking, to name a few. M&A fees were down a bit as several ...
Cyclical Rebound or False Start for These 3 Stocks?
One reason to believe this is that earnings per share (EPS) have been trending upward recently. Over the past 12 months, EPS have trended lower, until last quarter came about. While Wall Street ...
Moody’s upgrades RingCentral’s rating to Ba2 on improved profitability
"We expect free cash flow to exceed $500 million annually over the next two years. RingCentral also intends to reduce gross debt by more than $350 million to $1 billion by year end 2026," said Moody’s ...
Schwab Earnings Preview: Why This 20x PE Stock Still Looks Cheap
Amazon.com Inc, Charles Schwab Corp, Walmart Inc, Robinhood Markets Inc. Read 's Market Analysis on Investing.com ...
Lennar outlook revised to positive at S&P on strong credit metrics
S&P could raise Lennar’s rating over the next 12-24 months if gross margins expand and remain above 20% through housing cycles, operating performance improves with revenue and EBITDA growth, and the ...
Kenvue outlook revised to negative by S&P amid strategic review
The consumer health company also disclosed its CEO’s departure, following its CFO replacement earlier this year, and appointed an interim chief executive. Preliminary second-quarter 2025 results show ...