October 31, 2023
“…The most surprising finding is how thoroughly the “Big 3” investors—BlackRock, Vanguard and State Street—turned against environmental and social shareholder proposals in the past year. In the U.S., BlackRock’s support for E&S proposals dropped from 41.3% in the 2020-21 season, to 23.7% in… Continue Reading…
October 27, 2023
“BlackRock Inc. predicts that the global private debt market will roughly double to $3.5 trillion by 2028, one of the most bullish calls to date on the growth of the industry… BlackRock said it expects private debt to grow at… Continue Reading…
October 27, 2023
“Ford Motor said Thursday that many customers in North America are no longer willing to pay a premium for an electric vehicle over an internal-combustion or hybrid alternative. As a result, it’s postponing about $12 billion in planned spending on new… Continue Reading…
October 26, 2023
“…Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years. With cost-of-living allowances, the top wage rate is expected to increase by 33%. The top pay will be over $40 an… Continue Reading…
October 23, 2023
“Swiss health care company Roche on Monday announced it would acquire Telavant Holdings in a $7.1 billion transaction. Telavant produces drugs for people suffering from inflammatory and fibrotic diseases and is in the process of developing a “promising new therapy”… Continue Reading…
October 19, 2023
“…Analysts had projected AT&T earnings of 62 cents a share on revenue of $30.2 billion, according to FactSet. A year earlier, AT&T earned 68 cents a share on revenue of $30 billion from continuing operations. AT&T Stock: Free Cash Flow… Continue Reading…
October 19, 2023
“Netflix shares surged Thursday morning, after the company reported a boost in subscriber growth driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant said after the market closed Wednesday that it had added 8.76 million global… Continue Reading…
October 18, 2023
“… Here’s what P&G reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: P&G reported fiscal first-quarter net income attributable to the company of $4.52 billion, or $1.83 per… Continue Reading…
October 18, 2023
“…The South Korean technology giant will issue earnings guidance on Wednesday. Analysts polled by LSEG expect operating profit of 2.3 trillion Korean won ($1.7 billion) for the September quarter, a 78.7% year-on-year decline. Revenue is expected to come in at… Continue Reading…
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