AGM Update Reaffirms Humm as a No-Moat Business
Humm’s card products have been revamped to feature greater perks. These include interest-free periods, cashbacks or conversion to interest-free instalments. Elsewhere, its commercial and leasing ...
Fisher & Paykel’s Long-Term Trajectory Is Intact
Fisher & Paykel is well-positioned to benefit from long-term growth prospects in hospital and home respiratory care. Increasing adoption of nasal high flow, or NHF, therapy in the hospital division is ...
Engine Maintenance Issues Are Weighing on Air New Zealand in the Near Term
We estimate the domestic business, where Air New Zealand typically enjoys around 80% market share, had recovered to pre-covid levels by the end of fiscal 2023. We expect the international recovery, ...
FTC's latest case against Microsoft represents Lina Khan's last swing against Big Tech
A reported antitrust case against Microsoft Corp. will likely be the last gasp of Federal Trade Commission Chair Lina Khan's rather unsuccessful tenure of trying to rein in Big Tech.
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts
The Bank of Korea slashed its benchmark seven-day repurchase rate by a quarter-percentage point to 3.00% on Thursday, accelerating the easing cycle that it started in October with its first cut in ...
Why Trump foes can't block day-one tariffs on China, Mexico and Canada
President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Monday night threat to impose 25% tariffs on ...
Euro Gains 0.74% to $1.0569 — Data Talk
--Up 1.36% from its 52-week low of 1.0427 hit Friday, Nov. 22, 2024 Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts. We remain optimistic about ...
Dollar Lost 1.30% to 151.12 Yen — Data Talk
--Up 7.47% from its 52-week low of 140.613 hit Monday, Sept. 16, 2024 Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts. We remain optimistic about ...
Sterling Gains 0.88% to $1.2681 — Data Talk
--Off 5.47% from its 52-week high of 1.3415 hit Tuesday, Sept. 24, 2024 --Up 2.69% from its 52-week low of 1.2349 hit Monday, April 22, 2024 --Year-to-date the British pound is down 0.41% vs the ...
FTC Opens Antitrust Investigation Into Microsoft, Bloomberg Reports, Citing Sources
--The Federal Trade Commission has launched a broad antitrust investigation into Microsoft, Bloomberg reports, citing people familiar with the matter. --The antitrust watchdog has crafted a detailed ...
Consumer Cos Down, But Higher on Week, Ahead of Holiday Sales — Consumer Roundup
Consumer companies ticked down, but remained sharply higher for the week, amid optimism ahead of the traditional kickoff to the holiday shopping season. Shares of Amazon.com fell even as traders bet ...
Applied Therapeutics Receives FDA Complete Response Letter for Govorestat New Drug Application
Applied Therapeutics said it has received a complete response letter from the Food and Drug Administration related to its new drug application for govorestat due to deficiencies in the clinical ...