Market: Refiner Phillips 66 targets activist investor Elliott

Market: Refiner Phillips 66 targets activist investor Elliott

(Reuters) – Investment fund Elliott Management said on Wednesday it had taken a $1 billion (910.9 million euros) stake in…
Cac 40: Supported by inflation figures in Germany, the CAC 40 ignores the decline of TotalEnergies

Cac 40: Supported by inflation figures in Germany, the CAC 40 ignores the decline of TotalEnergies

(News Bulletin 247) – The Paris Stock Exchange is gaining ground again, driven by the accommodating statements of a Fed…
Market: GM plans  billion share buyback and dividend jump

Market: GM plans $10 billion share buyback and dividend jump

(Reuters) – General Motors said on Wednesday it was considering $10 billion (9.1 billion euros) in share buybacks as well…
Wall Street: Wall Street opens higher with easing of rates

Wall Street: Wall Street opens higher with easing of rates

PARIS (Reuters) – The New York Stock Exchange opened higher on Wednesday thanks to a further decline in bond yields,…
Totalenergies: Why Jefferies no longer recommends buying TotalEnergies shares

Totalenergies: Why Jefferies no longer recommends buying TotalEnergies shares

(News Bulletin 247) – The bank lowered its opinion on the value, being cautious on gas prices in Europe as…
Trigano: The demand for motorhomes is not weakening for Trigano which displays its confidence

Trigano: The demand for motorhomes is not weakening for Trigano which displays its confidence

(News Bulletin 247) – The leisure vehicle specialist published annual results above expectations, improving its margins despite the impact of…
Market: Richemont will not inject cash into Farfetch

Market: Richemont will not inject cash into Farfetch

ZURICH (Reuters) – Richemont said on Wednesday it did not intend to inject cash into online luxury retailer Farfetch, following…
Market: Philips falls, FDA warning on respiratory devices

Market: Philips falls, FDA warning on respiratory devices

(Reuters) – Philips fell on the stock market on Wednesday after the US health authority, the Food and Drug Administration…
Market: The OECD anticipates an economic slowdown in 2024 but believes in a landing

Market: The OECD anticipates an economic slowdown in 2024 but believes in a landing

PARIS (Reuters) – The global economy will slow slightly next year but the risks of a hard landing have reduced,…
Market: Four banks leave the climate initiative

Market: Four banks leave the climate initiative

by Tommy Wilkes LONDON (Reuters) – Four major banks, including Société Générale, have left the United Nations-backed Science Based Targets…