Morgan Stanley appoints new emerging markets equity head -memo NEW YORK, Nov 11 (Reuters) – Morgan Stanley has appointed Amy Oldenburg as head of emerging markets equity, replacing Ruchir Sharma who is retiring after a 25-year stint at the bank, according to an internal memo seen by Reuters. Oldenburg has spent over 20 years in […]

Ian King Business Podcast: Economic growth slows, greener airlines and China’s ‘Singles Day’ The UK’s economic growth slows sharply between July and September, as the supply crisis takes it toll. Ian King also speaks to the chief of United Airlines about plans for a low carbon future. And find out about Singles Day in China […]

JD Wetherspoon 15-Week Like-for-like Sales Down 8.9% JD Wetherspoon plc (JDW.L), on Wednesday, reported that like-for-like sales for the first 15 weeks of the financial year were 8.9% lower than the sales generated in the same period of 2019. Bar sales declined 9.6%, food sales were down 8.1%, and fruit/slot machines dropped 12.3%, while hotels […]

Prudential Financial Q3 Profit Rises Prudential Financial Inc. (PRU), one of the biggest life insurers in the U.S., Tuesday reported an increase in profit for the third quarter, driven by investment-management and insurance segments. Third-quarter net income was $1.53 billion or $3.90 per share compared to $1.49 billion or $3.70 per share last year. After-tax […]

U.S. Construction Spending Unexpectedly Drops 0.5% In September Construction spending in the U.S. unexpectedly decreased in the month of September, according to a report released by the Commerce Department on Monday. The report said construction spending fell by 0.5 percent to an annual rate of $1.574 trillion in September after inching up by 0.1 percent […]

Gold Holds Steady Near Two-month High Gold prices held steady near a two-month high on Monday and the dollar wobbled somewhat after encouraging U.S. jobs as well as Chinese exports data offered fresh evidence that the global economy is well on the recovery track. Spot gold was little changed at $1,817.20 per ounce after having […]

Alimera Sciences Continues Bullish Trend Alimera Sciences, Inc. (ALIM) shares are adding more than 22 percent on Friday morning trade, continuing a bullish trend since November 2. There were no corporate announcements on the day to impact the stock movement. Currently, shares are at $5.50, up 22.22 percent from the previous close of $4.50 on […]

Tredegar Swings To Profit In Q3 – Quick Facts Industrial manufacturer Tredegar Corp. (TG) reported Friday third-quarter net income from continuing operations of $6.23 million or $0.19 per share, compared to net loss from continuing operations of $16.98 million or $0.51 per share in the prior-year quarter. Excluding items, adjusted net income from ongoing operations […]

Opinion | Democrats, It’s Time to Get Moving Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Paul Krugman Opinion Columnist Opinion | Democrats Need to Confront Their Privilege Send any friend a story As a subscriber, you have 10 […]

Freenet AG Issues Medium-term Outlook – Quick Facts freenet AG (FRAGF.PK) said its EBITDA is anticipated to rise at an average annual growth rate of more than four percent to at least 520 million euros by 2025. Free cash flow is projected to rise in line with EBITDA to more than 260 million euros over […]