Japan’s Seven & i plans to open 500 stores in US, Canada by 2027
TOKYO (Reuters) – Japan’s Seven & i Holdings said on Wednesday it plans to open 500 new convenience stores in the United States and Canada through 2027. Seven & i’s…
Japan stocks lower at close of trade; Nikkei 225 down 0.73%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Marine Transport, Insurance and Railway & Bus sectors led shares lower. At the close in…
Shoe Zone shares plunge over 40% after profit warning and dividend suspension
Investing.com — Shares of Shoe Zone Plc (LON:SHOE) tumbled by more than 40% on Wednesday after the retailer issued a grim trading update, citing challenging market conditions and a sharp…
STOXX 600 flat ahead of Fed decision, Renault jumps
(Reuters) – European stocks were little changed on Wednesday as caution prevailed ahead of the Federal Reserve’s policy decision and outlook, outweighing a rise in Renault (EPA:RENA) on talks of…
Jefferies upgrades Packaging Corp of America on strong market position and outlook
Investing.com — Jefferies analysts have upgraded Packaging Corporation of America (NYSE:PKG) to a “buy” rating, reflecting confidence in the company’s potential to outperform the market in the coming year. This…
UniCredit raises stake in Commerzbank to 28%
Investing.com — UniCredit SpA (BIT:CRDI) said on Wednesday that it had increased its potential stake in Germany’s Commerzbank (ETR:CBKG) to 28% through new derivative agreements, up from 21% previously. The…
Honda Nissan merger would be mostly positive for Renault: Jefferies
Investing.com — According to a report by Nikkei, Honda (NYSE:HMC) and Nissan (OTC:NSANY) Motor (TYO:7201) are considering entering negotiations for a potential merger, which could also involve Mitsubishi Motors Corp.…
European markets open mixed as investors await Fed decision
Investing.com — European markets traded in mixed fashion on Wednesday as investors await key developments from the U.S. Federal Reserve. As of 3:13 ET (8:13 GMT), Germany’s DAX index was…
Indian markets update, Dec 17: Nifty 50 slips below 24,500; Sensex tumbles 600 points
India’s benchmark indices Nifty 50 and Sensex started the day in the red on Tuesday. Nifty 50 sank below the 24,500 mark, going down around 0.77% to trade at 24,487.70…
Chugging toward the finish line
As we head ever closer to year-end, it’s time to take an early squint at how markets have behaved in 2024. US equities have been on an absolute tear. In…