Takeda Pharmaceutical is scheduled to report its second-quarter results on Thursday. Let's take a closer look at what we can expect from the pharmaceutical giant: Net Profit Forecast Analysts predict that Takeda will see a net profit increase of 14% to 70.41 billion yen ($470.3 million) for the three-month period ending on September 30. This compares to a net profit of Y61.7 … [Read more...] about Takeda Pharmaceutical Set to Release Second-Quarter Results
Forex News
Treasury Department Issues New Guidelines for Financial Institutions
The Treasury Department has recently released a new set of guidelines aimed at assisting banks and other financial institutions in their efforts to minimize their carbon footprint. While these guidelines are voluntary, they are designed to encourage the private sector to contribute more towards mitigating the effects of climate change. It is becoming increasingly clear that … [Read more...] about Treasury Department Issues New Guidelines for Financial Institutions
Hanesbrands Considers Strategic Options for Global Champion Business
Hanesbrands Stock Sees Rise Amid Evaluation of Potential Sale Hanesbrands (ticker: HBI) announced on Tuesday that it is exploring strategic alternatives for its global Champion business, which may include a potential sale. As a result, shares of Hanesbrands rose 2.8% to $4.59 in morning trading. However, the stock has experienced a significant decline of 28% this … [Read more...] about Hanesbrands Considers Strategic Options for Global Champion Business
Dell Technologies: Analyst Upgrades Rating on Improving Demand
Analyst Louis Miscioscia from Daiwa Capital Markets has raised his rating on computer maker Dell (ticker: DELL), citing improving demand. In a research note, Miscioscia upgraded shares of Dell to Outperform from Neutral and increased his price target to $80 from $50, implying a gain of 16% from the stock's closing price on Monday. According to Miscioscia, the demand slowdown … [Read more...] about Dell Technologies: Analyst Upgrades Rating on Improving Demand
Investor Interest in Arm Holdings PLC Dips After Strong Debut
Arm Holdings PLC, a leading semiconductor design company, has experienced a decline in investor interest following its impressive initial public offering (IPO) debut. The company's stock (ARM, -4.40%) recorded its third consecutive loss on Tuesday, falling by 4.1% in midday trading and losing a total of 12.5% over the past three sessions. During its first day of trading, Arm … [Read more...] about Investor Interest in Arm Holdings PLC Dips After Strong Debut
