Category: Outlook
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Scotiabank raises Lightspeed POS stock target on growth outlook By Investing.com
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On Friday, Scotiabank updated its rating for Lightspeed POS Inc. (NYSE:), increasing their price target to $21 from $20 previously while maintaining an Outperform rating for the sector. The revision comes after a positive quarterly report and the issuance of the company’s guidance for fiscal year 2025, which exceeded expectations.…
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Weekly Market Outlook (13-17 May)
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Upcoming events: Monday: New Zealand Services Purchasing Managers’ Index. Tuesday: Japanese Producer Price Index, UK Labor Market Report, Eurozone ZEW, US NFIB Small Business Optimism Index, US Producer Price Index, Fed Chairman Powell’s speech. Wednesday: Australian Wage Price Index, Eurozone Industrial Production, US CPI, US Retail Sales, US NAHB Housing…
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Micron upgraded amid ‘unprecedented outlook for memory’ By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Apple’s focus on AI is ‘clearly visible’ – BofA During the week, analysts at Bank of America Securities reiterated a buy rating and price…
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Japan’s consumer spending extends declines as outlook weakens By Reuters
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Written by Satoshi Sugiyama and Tetsushi Kagimoto TOKYO (Reuters) – Consumer spending in Japan fell for the 13th straight month in March, creating challenges for policymakers seeking to drive stronger real wage growth, a prerequisite for a hike in interest rates by the central bank. Household spending fell 1.2% in…
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ECB’s Wunsch Warns That Risks to Inflation Outlook Persist
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Breadcrumb links BMN Business ECB Governing Council member Pierre Funche still sees risks to consumer prices – including a weakening of the euro if monetary policy deviates too far from the US. Article writer: Bloomberg News Mark Schruers Published on May 8, 2024 • 2 min read You can save…
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Weekly Market Outlook (06-10 May)
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Upcoming events: Monday: China Caixin Services PMI, Eurozone Producer Price Index, Fed SLOOS. Tuesday: Reserve Bank of Australia policy decision, unemployment rate in Switzerland, retail sales in the Eurozone. Thursday: Average cash earnings in Japan, BoJ sentiment summary, Bank of England policy decision, US unemployment claims. Friday: New Zealand Manufacturing…
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Manitex International posts strong Q1 growth, maintains 2024 outlook By Investing.com
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Manitex International, Inc. (NASDAQ:), a leading international provider of cranes and specialized industrial equipment, reported robust financial results for the first quarter of 2024. The company saw an 8% organic revenue growth and a significant 33% increase in EBITDA compared to the same period last year. This performance is attributed…
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Trinity Industries posts strong Q1 results, raises EPS outlook By Investing.com
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Trinity Industries , Inc. (NYSE:) delivered a robust financial performance for the first quarter of 2024, marked by a significant 26% increase in revenue year-over-year. The company’s first quarter future lease rate differential (FLRD) reached 34.7%, which stands as the second-highest in the past four years. In light of these…