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ADVFN Financial News : Breaking financial news, market insights, commentary & economic analysis from the world stock markets.
Stellantis Cuts 549 Temporary Jobs in U.S. Ahead of February LayoffsBy David Sachs Stellantis is shedding 549 temporary, part-time jobs at its U.S. plants ahead of layoffs expected to start in February. The Netherlands-based carmaker said Wednesday that it informed the affected employees at sites across the U.S. last week... |
Housing Starts Seen Down -- Data Week AheadThe following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Tuesday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Thursday 0830 Jobless Claims Jan... |
U.S. Home-Builder Confidence Improves in January on Declining Mortgage RatesBy Ed Frankl Confidence among U.S. home builders improved for the second-straight month in January, as mortgage rates fell on accelerating expectations for interest-rate cuts, according to a report from the National Association for Home Builders released... |
Cigna CFO Brian Evanko Adds CEO Title for Cigna HealthcareBy Chris Wack The Cigna Group said Brian Evanko will continue as chief financial officer, but will now also be the new president and chief executive of Cigna Healthcare. Ann Dennison will join the company as deputy chief financial officer. Dennison was... |
News Highlights: Top Company News of the Day - Wednesday at 9 AM ETVerizon to Book $5.8 Billion Goodwill Charge on Business Unit Verizon Communications is taking a $5.8 billion goodwill-impairment charge related to its Verizon Business Group, which has been grappling with falling results. Charles Schwab profit halved but... |
Retail Spending Rose in December, Showing Consumers on Strong Footing Heading into..By Harriet Torry and Natasha Khan Americans spent more at stores, auto dealerships and online to close out last year, suggesting consumers can continue to drive economic growth headed into 2024. U.S. retail sales rose a seasonally adjusted 0.6% in December... |
News Highlights: Top Company News of the Day - Wednesday at 9 AM ETVerizon to Book $5.8 Billion Goodwill Charge on Business Unit Verizon Communications is taking a $5.8 billion goodwill-impairment charge related to its Verizon Business Group, which has been grappling with falling results. Charles Schwab profit halved but... |
U.S. Import Prices Stable at Year EndBy Joshua Kirby Prices of goods imported were unchanged in December as the cost of fuel imports fell less sharply. The price index for U.S. imports remained at the same level over the month, Labor Department figures showed Wednesday. Economists polled by... |
Verizon to Book $5.8 Billion Goodwill Charge on Business UnitBy Colin Kellaher Verizon Communications is taking a $5.8 billion goodwill-impairment charge related to its Verizon Business Group, which has been grappling with falling results. Verizon on Wednesday said a recently completed five-year planning review of... |
Finland Issues EUR3 Billion in April 2055 Government BondBy Emese Bartha Finland issued 3 billion euros ($3.26 billion) in new April 2055-dated government bonds via a bank syndicate on Wednesday, one of the lead manager banks said. The spread on the bond was set 56 basis points above mid-swaps, the same bank... |
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