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News Highlights : Top Company News of the Day - Tuesday at 9 PM ET -February 06, 2024 at 09:16 pm EST

News Highlights : Top Financial Services News of the Day - Wednesday at 12 AM ET - 2024-02-07

Moody s Cuts NYCB to Junk, Extending Sharp Decline in Shares The downgrade is the latest blow to the besieged bank seeking to shore itself up after acquisitions and property losses. . -February 07, 2024 at 12:16 am EST - MarketScreener

Nestle India posts higher quarterly profit on strong urban demand

India Business News: Benefitting from a steady urban demand, Nestle India reported a rise in quarterly profit of nearly 16%. Nestle India outperformed its large-cap rivals

News Highlights : Top Financial Services News of the Day - Wednesday at 7 AM ET - 2024-02-07

Meketa Sets Up an Infrastructure Fund Targeting Ordinary Investors Boston consulting firm joins push to market private-investment funds to wealthy individuals. Handelsbanken Lifts Dividend. -February 07, 2024 at 07:16 am EST - MarketScreener

Toyota hikes annual profit forecast after Q3 beats expectations

TOKYO (Reuters) -Japan's Toyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after its third-quarter earnings raced past analysts' estimates thanks to a weaker yen and strong sales of high-margin cars and hybrid vehicles. Toyota shares surged 4.4% after the announcement, recovering from a 0.7% fall earlier. Toyota, a laggard in battery-powered EVs, is seen outperforming competitors this year, helped by robust demand for hybrid vehicles, which it pioneered more than a quarter century ago with the Prius model.

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