Aixtron Reports Strong Q3 Performance Driven by Increased Demand for Power Electronics
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Aixtron, the German supplier to the semiconductor industry, has announced a significant surge in net profit and revenue in the third quarter,…
Leapmotor Technology Shares Drop After Investment News
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Zhejiang Leapmotor Technology’s shares experienced a decline at the mid-day break, despite an initial rise, following news of a 1.5 billion euro…
Pilgrim's Pride Reports Strong Third Quarter Performance
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Pilgrim’s Pride, the leading chicken producer based in Greeley, Colo., has announced impressive financial results for the third quarter, with both profit…
Nasdaq Composite Index Falls into Correction Territory
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The Nasdaq Composite Index has recently fallen into its 70th correction territory in history. This drop comes as long-term Treasury yields continue…
Home-builder Sector Suffers Selloff Despite Surge in New-Home Sales
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The home-builder sector faced a significant selloff on Wednesday, fueled by rising Treasury yields. This rise in yields heightened concerns about housing…
Sulzer Reports Slowdown in Order Intake for Q3
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Shares of Sulzer, the Swiss industrial engineering and manufacturing firm, experienced a decline after reporting a slowdown in order intake for the…
European Central Bank to Take Pause as Inflation Cools and Activity Stagnates
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The European Central Bank (ECB) is expected to press the pause button on Thursday as inflation cools down and economic activity stagnates….
Worldline Shares Plummet on Disappointing Q3 Results
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By Mauro Orru Worldline, the French payments company, saw its shares plummet over 50% on Wednesday following the release of its third-quarter…
Franchise Brands Confident in Meeting Market Expectations
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Franchise Brands, a multi-brand franchise business, remains confident in meeting market expectations for full-year adjusted earnings. The company expects its 2023 adjusted…
Hyundai Motor Set to Report Third-Quarter Results
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Net Profit Forecast: Hyundai Motor, the South Korean car maker, is expected to report a net profit of 2.907 trillion won ($2.16…
Industrial and Transportation Companies Experience Positive Earnings
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Shares of industrial and transportation companies have seen a boost following impressive third-quarter earnings reports. Notably, General Electric (GE) witnessed significant gains…
FDIC Faces Criticism in Inspector General's Report
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The Federal Deposit Insurance Corp. (FDIC) has come under scrutiny in a recent review conducted by the Inspector General. The report, released…