Category: Investing.com
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NVG stock touches 52-week high at $12.99 amid robust performance By Investing.com
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In a remarkable display of resilience, Nuveen Dividend Advantage Municipal Fund (NVG) stock has surged to a 52-week high, reaching a price level of $12.99. This peak reflects a significant turnaround for the fund, which has seen an impressive one-year change, rising 16.32%. Investors have shown increasing confidence in NVG’s…
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Further pressure on the US dollar is likely: UBS By Investing.com
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The US dollar is expected to face increasing downward pressure in the coming months, despite recent support from stronger-than-expected economic data. According to analysts at UBS, the outlook for the US dollar remains bearish, driven by a combination of narrowing interest rate differentials, concerns about the widening US fiscal deficit,…
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Titan Machinery Inc. reports Q2 fiscal 2025 results By Investing.com
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Titan Machinery Inc. (NASDAQ: NASDAQ:) disclosed its financial results for the second quarter of fiscal 2025, revealing a net loss amid challenging market conditions. The company, which operates in the agricultural and construction industries, is grappling with lower demand due to decreased net farm income and increased interest rates. To…
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Titan Machinery Inc. reports Q2 fiscal 2025 results By Investing.com
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Titan Machinery Inc. (NASDAQ: NASDAQ:) disclosed its financial results for the second quarter of fiscal 2025, revealing a net loss amid challenging market conditions. The company, which operates in the agricultural and construction industries, is grappling with lower demand due to decreased net farm income and increased interest rates. To…
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Why US election should be dollar positive: Citi By Investing.com
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Citi strategists on Thursday reiterated their view that the US election is “positive for the US dollar”, while acknowledging other factors that could influence the coming months, such as Federal Reserve policy, recession risks and global economic conditions. According to Citi, trade and tariff policies are expected to be the…
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Why US election should be dollar positive: Citi By Investing.com
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Citi strategists on Thursday reiterated their view that the US election is “positive for the US dollar”, while acknowledging other factors that could influence the coming months, such as Federal Reserve policy, recession risks and global economic conditions. According to Citi, trade and tariff policies are expected to be the…
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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.84% By Investing.com
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Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the industrials and services sectors led shares higher. At the close in Taiwan, the index was up 0.84%. The session’s top performers on the S&P 500 were Lung Hwa Electronics Co Ltd (TW:), which rose 9.99%,…
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Disney Pixel RPG Unveils New Trailer & Key Visuals By Investing.com
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TOKYO-(Business): Jung Ho Online Entertainment Co., Ltd. (TSE: 3765) (Jung Ho) (headquartered in Chiyoda-ku, Tokyo, Japan) (Representative Director, President and CEO: Kazuki Morishita) announced a new trailer and images for the role-playing game “Disney Pixel,” scheduled to be released for both iOS and Android operating systems in 2024. disney pixel…
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Asia FX muted before PCE test; yen firms on strong CPI, while yuan hits 2024 peak By Investing.com
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Most Asian currencies remained in a tight range on Friday as the dollar held onto recent gains in anticipation of key inflation data that is likely to influence interest rate expectations. The Japanese yen strengthened, approaching levels seen at the start of the month, as strong inflation data from Tokyo…
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Vow ASA outlines solid growth and new contracts By Investing.com
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In a recent earnings call, Vow ASA (VOW) CEO Henrik Badin and CFO Tina Tonnessen discussed the company’s financial health and strategic developments. They announced a new bank agreement that secures stability, reported improved margins, and confirmed a strong order backlog across three main business areas. Vow ASA is also…
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Vow ASA outlines solid growth and new contracts By Investing.com
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In a recent earnings call, Vow ASA (VOW) CEO Henrik Badin and CFO Tina Tonnessen discussed the company’s financial health and strategic developments. They announced a new bank agreement that secures stability, reported improved margins, and confirmed a strong order backlog across three main business areas. Vow ASA is also…
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Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
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Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
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Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
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Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
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Needham lowers Pure Storage stock PT, expects pressure from elongated sales cycles By Investing.com
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On Thursday, Needham Financial Services revised its financial outlook for Pure Storage (NYSE: ), lowering its price target to $62 from $80 previously while maintaining a buy rating on the stock. The revision comes on the heels of Pure Storage’s Q2 FY25 performance, which despite beating expectations, led to expectations…
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US stocks gain after healthy growth data; Nvidia’s guidance disappoints By Investing.com
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U.S. stocks rose on Thursday after stronger-than-expected growth data eased concerns about a sharp slowdown in the U.S. economy. At 09:40 ET (13:40 GMT), the S&P 500 was up about 100 points, or 0.2%, gaining 17 points, or 0.3%, and up 135 points, or 0.8%. GDP growth eases hard landing…
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ING sees limited movement in dollar amid bearish consolidation By Investing.com
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Financial experts from ING Bank discussed the current state of the US dollar, noting that it is going through a phase of bearish consolidation and not a major decline. The forecast comes after the dollar has fallen sharply by 5% since the start of July. Market expectations have priced in…
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ING sees limited movement in dollar amid bearish consolidation By Investing.com
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Financial experts from ING Bank discussed the current state of the US dollar, noting that it is going through a phase of bearish consolidation and not a major decline. The forecast comes after the dollar has fallen sharply by 5% since the start of July. Market expectations have priced in…
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Dollar edges higher ahead of key data; euro weakens on German inflation By Investing.com
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Investing.com – The U.S. dollar edged higher on Thursday, recovering from recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 101.182, after…