News

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23 Oct 2024 15:21

Exciting Acquisition: Merck Acquires Modifi Biosciences in a $1.3 Billion Deal

Daily News

In a strategic move to strengthen its oncology portfolio, Merck has completed the acquisition of Modifi Biosciences, a company specializing in the development of ...

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23 Oct 2024 15:20

Market Overview: Stock Exchange Closes the Day with Losses

Daily News

The BIST 100 index closed the day with a decrease of 123.91 points, ending at 8,714.69 points. According to a survey, it was expected that the BIST 100 index woul...

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23 Oct 2024 15:19

Moody's to Review France's Credit Rating Amid Concerns

Daily News

Moody's is set to review France's sovereign credit rating on Friday, an event closely monitored by bond investors. France currently holds an Aa2 rating from Moody...

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23 Oct 2024 15:08

Roche CEO Opposes Novo's Acquisition of Catalent

Daily News

In a recent media interview, Roche CEO Thomas Schinecker expressed opposition to the bid by Novo Holdings, the controlling shareholder of Novo Nordisk, to acquire...

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23 Oct 2024 15:04

Headline: HSBC CEO Prepares Staff for Major Operational Disruptions

Daily News

HSBC's CEO Georges Elhedery informed employees that significant upper-level layoffs might be expected following a major restructuring effort. In a memo to staff, ...

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23 Oct 2024 15:04

Headline: General Dynamics Revenue Surges Beyond 10% Growth

Daily News

Virginia-based defense contractor General Dynamics reported a significant increase in its third-quarter earnings announced today. The rise is attributed to strong...

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23 Oct 2024 14:50

Headline: ECB/Lagarde: Exercising Caution in Interest Rate Cuts

Daily News

European Central Bank (ECB) President Christine Lagarde responded to a question regarding market expectations for more substantial rate cuts, emphasizing the need...

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23 Oct 2024 14:47

How Did Borsa Istanbul Perform Today?

Daily News

The BIST 100 index increased its volatility today following a terrorist attack targeting TAI (Turkish Aerospace Industries).

After recording a decline in the ear...

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23 Oct 2024 14:38

Headline: "Defense Industry Fund Set for Overhaul: Addressing Criticisms for a Stronger Future"

Daily News

Vice President Cevdet Yılmaz recently made significant statements regarding the Defense Industry Support Fund, which has been a topic of discussion in Turkey. Yıl...

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23 Oct 2024 14:32

Headline: Fuel Prices Set to Rise: Brace for Increases in Gasoline and Diesel

Daily News

As of Friday, a price increase of around 1 TL for gasoline and diesel is anticipated. According to industry sources, following Tuesday's reductions of 1.87 TL in ...

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23 Oct 2024 14:25

Anadolu Sigorta Becomes the Official Insurance Partner of Fenerbahçe Sports Club

Daily News

Anadolu Sigorta has entered into a significant collaboration with Fenerbahçe Sports Club, one of Turkey's well-established sports clubs. Under this partnership, t...

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23 Oct 2024 14:25

Headline: Stunning Growth: Factories in Industrial Zones Surge from 11,000 to 58,000

Daily News

The Minister of Industry and Technology, Mehmet Fatih Kacır, stated, "We have transformed our country into a global production hub with our organized industrial z...

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23 Oct 2024 14:23

Title: PACCAR Reports Strong Q3 2024 Results, Optimism Soars for 2025

Daily News

PACCAR Inc. (NASDAQ: PCAR) reported a net income of $972 million for the third quarter of 2024, based on revenues of $8.2 billion, achieving an 11.8% post-tax ret...

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23 Oct 2024 14:20

"Comstock Reports Growth in Fuels and Mining during Earnings Call, Anticipates Strong Q4"

Daily News

On October 22, 2024, Comstock (NYSE: LODE) held its 2024 Third Quarter Earnings Call. During this call, Chairman and CEO Corrado De Gasperis and COO William McCar...

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23 Oct 2024 14:20

Headline: ECB's Lane: Recent Data Cast Doubts on Economic Recovery

Daily News

ECB Chief Economist Philip Lane stated that the recent relatively weak data regarding the Eurozone economy has raised questions about the bloc's outlook. However,...

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23 Oct 2024 14:16

Billionaire Investor Turns to Bitcoin and Gold as a Hedge Against Inflation Threat

Daily News

Billionaire investor Paul Tudor Jones has issued a warning about the threat of inflation due to the rising levels of national debt in the United States. Expressin...

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23 Oct 2024 14:15

Earnings Call: Perseus Mining Delivers a Robust Quarterly Report with Solid Cash Flow

Daily News

According to Jeff Quartermaine, CEO and Managing Director of Perseus Mining Limited (PRU.AX), the company demonstrated strong operational performance in the Septe...

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23 Oct 2024 14:14

Earnings Call: FRMO Corp Reports Record Assets and Crypto Growth

Daily News

FRMO Corp (FRMO), led by President and CEO Murray Stahl and CFO Steven Bregman, announced a record total asset value of $548 million during its fiscal year 2025 Q...

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23 Oct 2024 14:11

Headline: Wintrust Financial Showcases Robust Performance in Q3, Optimistic About Future Prospects

Daily News

Wintrust Financial Corporation (NASDAQ: WTFC) reported net income exceeding $170 million in the third quarter, demonstrating steady performance that met expectati...

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23 Oct 2024 13:58

Headline: Cordel's AI System for Railway Line Analysis Secures Network Rail Certification

Daily News

LONDON - Cordel Group PLC (AIM: CRDL) has received a Certificate of Approval from Network Rail for its Artificial Intelligence (AI) platform, which analyzes trans...

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23 Oct 2024 13:55

Earnings Alert: Seagate Reports Robust Q1 Results, Optimistic on HAMR Technology

Daily News

Seagate Technology (NASDAQ: STX) showcased a robust financial performance in the first quarter of fiscal year 2025, with significant increases in revenue and earn...

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