Category: News
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Piper Sandler maintains Renasant shares target post insurance subsidiary sale By Investing.com
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On Wednesday, Piper Sandler maintained a neutral rating. Renasant Company (NYSE:NYSE:) with a fixed price target of $33.00. This comes on the heels of Renasant’s recent announcement of the sale of its insurance subsidiary. On July 2, 2024, Renasant Corp. announced the completion of the sale of Renasant Insurance, Inc.…
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Futures inch up in anticipation of economic data, Fed meeting minutes
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(Reuters) – U.S. stock index futures were slightly higher in pre-holiday trading on Wednesday as investors prepared for the jobs report among a series of economic data along with minutes from the Federal Reserve’s June policy meeting. The stock market is set to close early on Wednesday and remain closed…
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Futures inch up in anticipation of economic data, Fed meeting minutes
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(Reuters) – U.S. stock index futures were slightly higher in pre-holiday trading on Wednesday as investors prepared for the jobs report among a series of economic data along with minutes from the Federal Reserve’s June policy meeting. The stock market is set to close early on Wednesday and remain closed…
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China leads generative AI patent filings globally, says UN data
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Wannan Yusengkum/iStock via Getty Images China is leading other countries in AI inventions such as chatbots, filing six times as many patents as its closest competitor, the United States, Reuters reported, citing United Nations data. Generative AI patent applications have seen over 50,000 applications Applications filed over the past decade.…
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Want to lay off staff? Here’s why it might be bad for your business
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Earlier this year, an old story about former Nintendo CEO Satoru Iwata went viral, praising him after his death for agreeing to take a 50 percent pay cut rather than lay off employees. But why is a story from 2013 suddenly making headlines? Perhaps because it offers a stark contrast…
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Addison Lee up for sale as owners explore potential takeover
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Addison Lee’s owners Cheney Capital and William Griffin have hired investment bank Jefferies to explore the sale of the popular London minicab company. Addison Lee, a fixture on London’s high streets since it was founded in 1975, is now considering a sale by its majority shareholder, the Strategic Value Credit…
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South Africa Seeks to Renegotiate Coal Pact Tied to $2.6 Billion
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Breadcrumbs Path Links PMN Business South Africa is seeking to amend the terms of a landmark deal under which it pledged to reduce its reliance on coal in exchange for funding. Article author: Bloomberg News Anthony Sguazin Posted on July 03, 2024 • Read for 3 minutes You can save…
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Taiwan says China seizes fishing boat near Chinese coast By Reuters
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By Ben Blanchard and Yimo Lee TAIPEI (Reuters) – Chinese officials boarded a Taiwanese fishing boat operating close to China’s coast near a Taiwan-controlled island late on Tuesday, then seized it and took it to a Chinese port, Taiwan’s coast guard said, in a further escalation of tensions. China views…
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Kamala Harris’ Odds of Winning Democratic Nomination Surge on Polymarket
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Vice President Kamala Harris’ odds of becoming this year’s Democratic presidential nominee more than quadrupled on Tuesday, according to traders at Polymarket, a crypto-based prediction market platform that has seen massive growth in an election year. “Yes” participates in a contract The company’s shares were trading at 31 cents in…
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SLB gets second request from DoJ for info on proposed ChampionX deal (NYSE:SLB)
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grandriver/E+ via Getty Images looting (NYSE:SLBU.S. oil and natural gas company Nasdaq Dubai said late Tuesday it has received a second request for additional information from the U.S. Department of Justice in connection with its $7.75 billion deal to buy oilfield services company ChampionX (CHX). SLB (SLB) said ChampionX (CHX)…
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New Alzheimer’s drug treatment from Eli Lillly wins FDA approval
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Eli Lilly & Co. has won U.S. approval for an Alzheimer’s treatment, the second drug to slow the progression of the brain-robbing disease that affects 6 million Americans. It’s a huge win for Lilly and its investors, who have been eagerly awaiting the drug since it hit the market. show…
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Mwananchi Credit blocked from selling seized lorries in Sh9.2m row
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Mwananshi Credit has failed in its attempt to lift an injunction preventing the small lender from selling two trucks owned by two dealers that were seized because of a disputed loan. High Court Judge Kizito Magari has upheld the Milimani Magistrate’s injunction restraining the micro-lender from selling the two trucks…
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Seb Robert, CEO & Founder of Gophr
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In this exclusive Q&A with Seb Robert, founder of Gophr, Business Matters explores the journey behind the innovative courier service that has redefined same-day delivery. Seb shares how the early days of smartphone apps like Hailo and his frustration with unreliable delivery companies inspired him to create a solution that…
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Guardian Capital Group Limited completes acquisition of Sterling Capital Management LLC
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on July 2, 2024 •…
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Momentick teams with Sompo to cut greenhouse gas emissions
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Japanese insurance giant Sompo partners with Israeli startup Momentic Momentick will work to reduce greenhouse gas emissions from Japanese energy production sources, drilling rigs and gas pipelines. Momentick has developed a solution to identify and measure greenhouse gas emissions through satellite imagery. The Japanese government is interested in regulating its…
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Southern Co. maintains stock target, Sector Outperform on new CTES system By Investing.com
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On Tuesday, Scotiabank reiterated its outperform rating on Southern Company (NYSE: ), with a $77.00 price target on the stock. The confirmation comes after a meeting with the company’s Advanced Power Systems R&D team, which unveiled a new concrete thermal energy storage (CTES) system at Alabama Power’s Gaston plant. The…
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3 Stocks That Could Create Lasting Generational Wealth
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If you’re trying to build wealth for future generations, you shouldn’t be thinking about getting rich quick. It’s all about creating a portfolio of companies that are designed to last. In this regard, you should keep your old favorites. coca cola (NYSE: KO) and relatively young Chipotle Mexican Restaurant (NYSE:…