Comerica Faces Earnings Pressure From the Potential Loss of Direct Express; Shares Fairly Valued
We believe Comerica is in good financial health. While losses from the energy portfolio ticked up in 2016, and again in 2020, the bank has easily handled the increase in credit costs and has ...
India Central Bank Holds Rate Steady, Shifts Policy Stance
Reserve Bank of India Gov. Shaktikanta Das said Wednesday that the monetary-policy committee decided to maintain its policy repo rate at 6.50%, with five out of six members voting in favor of standing ...
EMEA Morning Briefing: Investors Await U.S. Econ Data for Cues
Correction: China's top economic planner is the National Development and Reform Commission. Yesterday's EMEA Morning Briefing incorrectly said it was the National Reform and Development Commission.
Morningstar1d
September CPI Forecasts Show More Improvement on Inflation, but Risks Remain
Forecasts for the September Consumer Price Index report show inflation continuing to soften overall, thanks to falling energy ...
Meridian to Focus on Decarbonizing New Zealand
Meridian is in good financial health. Adjusted net debt/EBITDA was 1.4 times in fiscal 2024, which we consider conservative. Other credit metrics are also comfortable. Following the sale of the ...
New Zealand's Central Bank, Worried by Another Recession, Goes Big With Rate Cut
SYDNEY--New Zealand's central bank cut interest rates by an outsized half a percentage point, moving to support an economy that has slipped in and out of recession while keeping up with counterparts ...
South Korean, Indian Government Bonds to Join FTSE Russell Indexes
South Korean bonds will be added to the FTSE World Government Bond Index starting November 2025, while India will be added to the FTSE Emerging Markets Government Bond Index in September of that year.
Google's breakup is on the table as Justice Department lays out antitrust remedies
Google's breakup is among the remedies the U.S. Justice Department is considering recommending as a penalty for its monopolistic practices.
Newmont to Sell Ghana Gold Mine Project for US$1.0 Billion
Newmont has agreed to sell a gold mine in Ghana to a Chinese miner for $1.0 billion, the latest divestiture by the gold-and-copper mining company as it exits non-core assets. Zijin Mining Group will ...
Morningstar7h
Pennsylvania's Chester County to Sell $83.7 Million of Student Housing Bonds
The Chester County Industrial Development Authority plans to issue about $83.7 million in student housing revenue bonds for West Chester University. The bonds will be issued in two tranches: $79 ...
Zealand Pharma Gets FDA Complete Response Letter for Hypoglycemia New Drug Application
Zealand Pharma said it has received a complete response letter from the Food and Drug Administration related to its new drug application for dasiglucagon for the prevention and treatment of ...
'This was a money grab': My uncle took over the family business - and left my father out in the cold. Can I claim our inheritance?
The fact that you believe your dad was given the short end of the stick shows that the apple did not fall far from the tree. Your father clearly instilled values in you that are worth 100 such ...