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BUSINESS8h agoDangote Petroleum Refinery logs $4.7 billion profit in nine months on higher refining throughputThe corporation attributed the turnaround in earnings and improvement in other key performance metrics to higher refining throughput, improved operational reliability and more robust refining margins. The post Dangote Petroleum Refinery logs $4.7 billion profit in nine months on higher refining throughput appeared first on Premium Times Nigeria.Premium Times
BUSINESS8h agoBMO cautious on Roblox as Google enters user-generated gamingBMO expresses caution regarding Roblox following Google's entry into the user-generated gaming market. This suggests increased competition for Roblox in the sector.Seeking Alpha Tech
BUSINESS8h agoSmall businesses on September inflation: Fuel, fuel, and more fuelSmall businesses report that fuel costs are a primary driver of inflation impacting them in September. This highlights a significant economic challenge facing small enterprises.Seeking Alpha Tech
BUSINESS8h agoApplied Intuition fielding offers at $30B valuation - The InformationApplied Intuition is reportedly receiving offers at a $30 billion valuation. This indicates significant market interest and potential growth for the company.Seeking Alpha Tech
BUSINESS8h agoOPEC cuts oil demand projections for remainder of 2026The Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast of global oil demand growth for this year, amid persistent risks to shipping from Iran and its proxy groups. The group projected Tuesday that oil demand for this year will grow by roughly 200,000 barrels per day relative to 2025, down from OPEC’s forecast…The Hill
BUSINESS8h agoMines: how Paris's increased stake in Eramet could reshuffle the cards with LibrevilleL’État français s’apprête à porter sa participation dans Eramet à 49 % pour renflouer le groupe minier en difficulté. Un sauvetage financier qui pourrait bouleverser les équilibres entre Paris et Libreville sur la transformation locale des ressources.Jeune Afrique
BUSINESS8h agoYorkville Ives is bullish on Alphabet's AI platform potential and strategic equity stakesYorkville Ives expresses a positive outlook on Alphabet's AI platform potential and its strategic equity stakes.Seeking Alpha Tech
BUSINESS8h agoSeptember inflation was 1.9%, according to IndecThe price increase so far this year already accumulates 23.6%. In August it had been 1.7%.Clarín
BUSINESS8h ago"329% increase": a key regional economy overcame a strong crisis due to a price jumpPotato production improved its indices regarding the values received by producers, after more than a year with numbers in the red. However, the bulk of the sector's activities remain in crisis.Clarín
BUSINESS8h agoTechnipFMC initiated with Buy rating at UBS on subsea growthTechnipFMC has been initiated with a 'Buy' rating by UBS, based on expectations of growth in the subsea sector. This signals analyst confidence in the company's future performance.Seeking Alpha Tech
BUSINESS8h agoWho survives the 2027 Medicare Advantage reimbursement reset?The article discusses the potential impacts and survival implications for entities involved with Medicare Advantage due to a reimbursement reset scheduled for 2027. This signifies an important future financial change in the healthcare industry.Seeking Alpha Tech
BUSINESS8h agoRoundhill’s Drew Pettit on memory stocks: ‘Markets don’t like stock stories in transition’Drew Pettit from Roundhill comments on memory stocks, stating that markets are averse to stock narratives undergoing transition. This provides insight into current investment sentiment for a specific sector.Seeking Alpha Tech
BUSINESS8h agoCVS to pay $315M to feds over opioid prescription allegationsCVS will pay $315 million to federal authorities regarding allegations related to opioid prescriptions. This represents a substantial legal and financial consequence for the company concerning public health issues.Seeking Alpha Tech
BUSINESS9h agoUtilities American Electric Power, Exelon upgraded at KeyBancUtility companies American Electric Power and Exelon received upgraded ratings from KeyBanc. This indicates a positive assessment of their financial outlook or performance.Seeking Alpha Tech
BUSINESS9h agoRussian banks fear massive fines after unprecedented surge in court bailiff inquiriesRussian banks received millions of requests for information about debtors from the Federal Bailiff Service (FSSP) over three days between September 18 and 21, an unprecedented volume, the National Financial Market Council reported.Meduza [en]
BUSINESS9h agoFB Financial forecasts 3.7%-3.8% 2026 net interest margin excluding accretion as growth moderates in Q4FB Financial has provided a forecast for its 2026 net interest margin, projecting it to be between 3.7% and 3.8% excluding accretion, as growth moderates in the fourth quarter. This indicates the company's financial outlook and performance trends.Seeking Alpha Tech
BUSINESS9h agoMentions of inflation have ballooned for tech companies – SoFiMentions of inflation by tech companies have significantly increased, according to SoFi. This indicates a growing concern about economic pressures within the technology sector.Seeking Alpha Tech
BUSINESS9h agoIMF lowers forecast for Russia’s economic growthThe International Monetary Fund has lowered its forecast for Russia’s economic growth to 0.9% in both 2026 and 2027. The updated forecast, released on October 13, is down from its July projection of 1.1% for each year.Meduza [en]
BUSINESS9h agoNigeria meets OPEC quota for fifth straight month as oil output hits 1.84m barrelsThe commission noted in a statement that Africa’s biggest oil producer logged a peak production of 1.84 million barrels during the month as the country met its OPEC quota for the fifth month in a row. The post Nigeria meets OPEC quota for fifth straight month as oil output hits 1.84m barrels appeared first on Premium Times Nigeria.Premium Times
BUSINESS9h agoETF boom turns specialized as leveraged and thematic funds shineThe market for Exchange Traded Funds (ETFs) is becoming more specialized, with leveraged and thematic funds gaining prominence. This indicates a shift in investment trends within the financial sector.Seeking Alpha Tech
BUSINESS9h agoJPMorgan stock wavers after Q3 earnings disappoint as markets softenJPMorgan's stock is showing volatility following its third-quarter earnings report, which disappointed investors amidst softening market conditions. This reflects market reaction to corporate financial performance.Seeking Alpha Tech
BUSINESS9h agoFTC wants Martin Shkreli held in contempt for trading pharma stocksThe Federal Trade Commission (FTC) is seeking to hold Martin Shkreli in contempt for allegedly trading pharmaceutical stocks. This represents a legal challenge concerning his financial activities in the pharma industry.Seeking Alpha Tech
BUSINESS9h agoThe latest inflation data is expected to show price increases are acceleratingEconomists expect the consumer price index for September to rise 0.6% on the month and 3.6% year over year.CNBC
BUSINESS9h agoCPI isn't expected to show much progress on inflation in SeptemberConsumer Price Index (CPI) data for September is not anticipated to indicate significant improvement in inflation. This suggests a continued challenge in managing economic price stability.Seeking Alpha Tech
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