Primo Brands: BMO initiates at Outperfrom, sees strong earnings
Investing.com– BMO initiated coverage of Primo Brands (NYSE:PRMB) with an Outperform rating and a strong price target, calling the stock an attractive pick on its large market share of water brands in the U.S. BMO rated the stock at Outperform…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.33%
Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Computers & Peripherals, Oil, Gas & Electricity and Semiconductor sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.33%. The best…
Morning Bid: Canadian dollar calm as Trudeau heads for the exits
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Markets have mostly been on a random walk in Asia, punctuated by reports embattled Canadian Prime Minister Justin Trudeau might announce his resignation as…
China scrambles to shore up sliding yuan and stock markets
By Samuel Shen and Ankur Banerjee SHANGHAI/SINGAPORE (Reuters) – China’s stock exchanges and central bank scurried to defend a tumbling yuan and falling stock markets on Monday, trying to soothe investors concerned about Donald Trump’s return to the White House…
Hong Kong budget deficit to be just under HK$100 billion, financial chief says
HONG KONG (Reuters) – Hong Kong’s deficit for this fiscal year is expected to be just below HK$100 billion ($13 billion), the city’s finance chief said on Saturday. The government is “focussing on cost-saving measures” to tackle the deficit, Paul…
Austrian coalition talks collapse, chancellor to step down
VIENNA (Reuters) -Talks between the two biggest centrist parties in Austria on forming a coalition government without the far-right Freedom Party (FPO) have collapsed, Chancellor Karl Nehammer said on Saturday, adding that he would step down in the coming days….