Market Opinion
Constellation Brands reports earnings beat, stock gains 3% ROCHESTER, N.Y. – Constellation Brands, Inc. (NYSE: NYSE: STZ), a prominent beverage alcohol company, today announced its first quarter fiscal 2025 earnings, surpassing analyst expectations for adjusted...
Market Opinion
BofA: Clients sold $3.1 billion of US equities last week; tech inflows continue. Bank of America Securities said that last week its clients were net sellers of US equities for the second consecutive week, with outflows totaling $3.1 billion.Excluding untagged flows,...
Market Opinion
Despite discounting in China, iPhones lost share in May, US weak: UBS. Despite heavy discounting during China’s “618” shopping festival, UBS analysts warned that Apple (NASDAQ: AAPL) iPhone sales continue to struggle.“iPhone...
Market Opinion
FAA to investigate Southwest flight that departed from closed runway in Maine. (Reuters) – The Federal Aviation Administration said on Friday it will investigate a Southwest Airlines (NYSE: LUV) flight that departed from a temporarily closed runway in Maine...
Market Opinion
TS Lombard analysts outline what's at stake in Trump-Biden debate. Democratic President Joe Biden will square off against Republican challenger Donald Trump in a televised debate on CNN on Thursday, in the first head-to-head encounter between the two candidates prior...
Market Opinion
Zurich Insurance buys AIG travel business in $600 million deal By John RevillZURICH (Reuters) -Zurich Insurance on Wednesday announced a $600 million deal to buy AIG (NYSE: AIG)’s global personal travel insurance and assistance business.The business will be...