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Mizuho cuts price targets for auto chip stocks on softer trends

Investing.com — Mizuho Securities has adjusted its outlook for auto chip stocks, cutting price targets for key players amid signs of weaker-than-expected…
Stock

Swiss defend decision not to adopt latest Russia sanctions in full

LONDON (Reuters) – Switzerland on Friday said it was “unequivocally” committed to sanctions against Russia after Bern decided not to adopt in…
Stock

Photon Energy boosts Romanian solar capacity to 51.6 MWp

AMSTERDAM/BUCHAREST – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) has announced the completion and grid connection of a new 3.2 MWp photovoltaic…
Stock

Comet sees uptick in Q3 sales with semiconductor demand

ZURICH – Comet, a provider of key technologies for the semiconductor industry, reported a 45.6% increase in net sales for the third…
Stock

Exclusive-Spirit Aero to furlough 700 workers for 21 days due to Boeing strike

By Allison Lampert and Mike Stone (Reuters) – Spirit AeroSystems (NYSE:SPR) will tell employees on Friday that it will furlough 700 workers…
Economy

US weekly jobless claims unexpectedly fall

WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the…
Economy

US retail sales increase solidly in September

WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in September, supporting views that the economy maintained a strong pace…
Stock

IBM stock momentum to continue: Morgan Stanley

Investing.com — Morgan Stanley analysts believe IBM (NYSE:IBM)’s recent stock momentum is likely to persist through the upcoming earnings season. Despite maintaining an…
Stock

Badger Meter shares slide over 5% as Q3 results disappoint

MILWAUKEE – Badger Meter, Inc. (NYSE:BMI) reported third quarter earnings that fell short of analyst expectations, sending shares down 5.88% in trading…
Stock

Morgan Stanley hikes price targets on networking equipment stocks

Investing.com — Morgan Stanley raised its price targets for two key networking equipment stocks on Thursday, although the firm cautioned that the…
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