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First rate cut expected. We will bring you the comments of Andrew Bailey. And the chip designer arm faces a disappointing forecast with fears of slowdown in a. I. Demand welcome to street signs. We open with the spanish banking saga bbva is making a hostile bid for the rifleval with the deal rejed by sabadell board. The Spanish Government says it opposes the move and the proposed merger could create a financial instability. The deal with the two businesses makes sense to bbva and it is an attractive deal. We heard from the ceo yesterday who said there are challenges to domestic consolidation in the Banking Sector this is difficult to make a friendly transaction if you are in a position to be a 50 million euro market cap. This kind of transaction usually goes through a tender offer and probably more style than friendly ....
The S&P 500 ticked 0.2% higher on Tuesday, June 4, 2024, as a report showing a decline in job openings boosted hopes for a near-term interest rate cut. ....
Teva Pharmaceutical Industries Limited (NYSE:TEVA – Free Report) – Analysts at Zacks Research reduced their Q2 2024 EPS estimates for shares of Teva Pharmaceutical Industries in a research note issued to investors on Wednesday, May 29th. Zacks Research analyst R. Department now anticipates that the company will earn $0.56 per share for the quarter, down […] ....
Kinross Gold Co. (NYSE:KGC – Free Report) (TSE:K) – Equities researchers at Zacks Research increased their Q2 2024 earnings estimates for Kinross Gold in a research note issued to investors on Tuesday, May 28th. Zacks Research analyst A. Barman now expects that the mining company will earn $0.09 per share for the quarter, up from […] ....
Red Rock Resorts, Inc. (NASDAQ:RRR – Free Report) – Analysts at Zacks Research raised their Q2 2024 EPS estimates for Red Rock Resorts in a research note issued on Tuesday, May 28th. Zacks Research analyst M. Kaushik now expects that the company will post earnings per share of $0.43 for the quarter, up from their […] ....