Oil Inventories Rise Contrary to Expectations

Foreks - The American Petroleum Institute (API) reported an unexpected increase in oil inventories, contrary to analysts' expectations. According to the API, oil ...

S&P Global Assigns 'B' Rating to Milli Reasürans with a Stable Outlook

Forex - The international credit rating agency S&P Global has assigned a credit rating of "B" to Milli Reasürans and set the outlook as "stable."

In its assessm...

Fitch Upgrades Aydem Energy's Outlook to "Positive"

Fitch Ratings has revised Aydem Renewable Energy's (Aydem) outlook from Stable to Positive, while affirming its Long-Term Issuer Default Rating (IDR) at 'B'.

Fi...

"Turkcell Receives 'Positive EIA' Decision for Siverek 1, 2, and 3 Solar Power Plants"

Foreks - Turkcell (IS:TCELL) received a "positive" decision regarding the Environmental Impact Assessment for the Siverek 1 Solar Power Plant (GES), Turkcell Sive...

Sponsorship Agreement Signed Between Galatasaray Sports and Pasifik Real Estate Investment Construction

A sponsorship agreement has been signed between Foreks - Galatasaray (IS:GSRAY) Sportif and Pasifik Gayrimenkul Yatırım İnşaat. In a statement made to KAP by the ...

MARKET OUTLOOK - No Matter the U.S. Election Results, the Fed Will Cut Rates

Forex - DBS Senior Interest Rate Strategist Eugene Leow argued that the Fed would lower interest rates this week, regardless of the U.S. election outcomes. Leow n...

Voting Continues in Western States, While Election Results Begin to Emerge in the East

Forex - Voting is ongoing in the U.S. states of California, Washington, Oregon, Idaho, Hawaii, and Alaska. However, election results are starting to emerge in the...

Expectations of Trump Winning Boost Futures on Wall Street

Forex - Stock futures on Wall Street rose as President Donald Trump began to gain an advantage in the presidential race. The Dow Jones Industrial Average futures ...

Perplexity Seeks $500 Million in Funding with a $9 Billion Valuation

California-based artificial intelligence startup Perplexity is set to complete a new $500 million funding round. This round will dramatically raise the company's ...

Spirit AeroSystems Sounds Alarm Over Continuity Concerns

In its latest quarterly report, Spirit AeroSystems, a significant U.S. supplier to Boeing, expressed concerns about its ability to continue operations. The compan...

After-Market Movers: Super Micro Computer, Exact Sciences, Trump Media & Technology

Post-Market Stock Movements:

Super Micro Computer (NASDAQ:SMCI) dropped 10% after its quarterly sales forecast fell below expectations. The company revised its p...

IFF Reports Mixed Third Quarter Results, Raises Full-Year Revenue Forecast

NEW YORK - International Flavors & Fragrances Inc. (NYSE: IFF) announced mixed third-quarter results on Tuesday and raised its full-year revenue forecast. The com...

Frontier Communications Reports Wider Losses Than Expected in Q3, Yet Surpasses Revenue Expectations

DALLAS - Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced its third-quarter results for 2024. The company fell short of earnings expectations but sur...

Globus Medical Shares Surge 7% on Strong Q3 Results and Upgraded Guidance

AUDUBON, Pa. - Shares of Globus Medical, Inc. (NYSE: GMED), a musculoskeletal solutions company, rose 7.4% following third-quarter earnings that exceeded analyst ...

Mercury Systems Surpasses Expectations, Shares Rise 5%

ANDOVER, Mass. - Mercury Systems, Inc. (NASDAQ:MRCY) announced that its financial results for the first quarter of fiscal year 2025 exceeded expectations. Followi...

Jack Henry Surpasses Expectations in First Quarter Earnings, Confirms Full-Year Outlook

MONETT, Mo. - Jack Henry & Associates, Inc. (NASDAQ:JKHY) reported results that exceeded expectations for the first quarter of fiscal year 2025; revenue and earni...

Microchip Earnings Exceed Expectations at $0.03, Profits Soar Above Forecasts

According to the report, Microchip (NASDAQ: MCHP) reported earnings per share of $0.46 for the second quarter, exceeding analysts' expectations of $0.43 by $0.03....

B&G Foods Shares Plummet 14% Following Disappointing Q3 Results

NEW YORK - B&G Foods, Inc. (NYSE: BGS) shares fell 14% after reporting third-quarter results that missed analyst expectations. Both earnings and revenue fell shor...

U.S. Trade Deficit Reaches $84.4 Billion in September

The U.S. trade deficit sharply increased in September, reaching $84.4 billion. This figure indicates a 19.2% rise compared to the revised $70.8 billion deficit in...

Devon Energy's Q3 Earnings Beat Expectations, Stock Climbs 3%

OKLAHOMA CITY - Devon Energy Corp. (NYSE:DVN) announced its third-quarter results for 2024. While the company's revenue exceeded expectations, earnings fell sligh...

Exact Sciences Shares Plunge Amid Weak Results and Downgraded Guidance

MADISON, Wis. - Shares of Exact Sciences Corp. (NASDAQ:EXAS), a provider of cancer screening and diagnostic tests, fell 25% following third-quarter results that m...