AGM Update Reaffirms Humm as a No-Moat Business
Humm’s card products have been revamped to feature greater perks. These include interest-free periods, cashbacks or conversion to interest-free instalments. Elsewhere, its commercial and leasing ...
Fisher & Paykel’s Long-Term Trajectory Is Intact
Fisher & Paykel is well-positioned to benefit from long-term growth prospects in hospital and home respiratory care. Increasing adoption of nasal high flow, or NHF, therapy in the hospital division is ...
Engine Maintenance Issues Are Weighing on Air New Zealand in the Near Term
We estimate the domestic business, where Air New Zealand typically enjoys around 80% market share, had recovered to pre-covid levels by the end of fiscal 2023. We expect the international recovery, ...
FTC's latest case against Microsoft represents Lina Khan's last swing against Big Tech
A reported antitrust case against Microsoft Corp. will likely be the last gasp of Federal Trade Commission Chair Lina Khan's rather unsuccessful tenure of trying to rein in Big Tech.
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts
The Bank of Korea slashed its benchmark seven-day repurchase rate by a quarter-percentage point to 3.00% on Thursday, accelerating the easing cycle that it started in October with its first cut in ...
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New York City Housing to Sell Sustainable Bonds for Multi-Family Housing
The New York City Housing Development Corp. plans to sell at least $398 million of sustainable development bonds, with proceeds slated for financing construction mortgage loans and permanent mortgage ...
Billionaire Larry Ellison helped give a high school student $10 million to play football for Michigan - and gave us a glimpse behind the NIL curtain
It's now common for top-flight college athletes to make millions of dollars from NIL deals. And after billionaire Larry Ellison recently helped a high-school quarterback get at least $10 million to ...
Applied Therapeutics Down 76% After Hours on FDA Complete Response Letter
An FDA complete response letter indicates that an application can't be approved in its current form. Govorestat, the company's lead drug candidate, is also being developed for treatment of sorbitol ...
Consumer Cos Down, But Higher on Week, Ahead of Holiday Sales — Consumer Roundup
Consumer companies ticked down, but remained sharply higher for the week, amid optimism ahead of the traditional kickoff to the holiday shopping season. Shares of Amazon.com fell even as traders bet ...
Materials Flat After Inflation Data — Materials Roundup
Producers of metals and other raw materials were little changed after U.S. inflation data. Prices as measured by the personal-consumption expenditures price index rose 0.2% in October; most worryingly ...
Health Care Up as Traders Weigh Trump Health Appointments — Health Care Roundup
Health-care companies rose as traders weighed the implications of Donald Trump's health official nominees. The health-care sector has seen considerable volatility during the last three weeks because ...
Communications Services Up on Deal Anticipation — Communications Services Roundup
Communications services companies rose as traders anticipated more consolidation in the sector. ESPN's sport-betting arm ESPN Bet and rival Fanatics could benefit from the ongoing increase in sports ...