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BUSINESS9h 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
BUSINESS9h 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
BUSINESS10h 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
BUSINESS10h 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]
BUSINESS10h 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
BUSINESS10h 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
BUSINESS10h 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]
BUSINESS10h 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
BUSINESS10h 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
BUSINESS10h 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
BUSINESS10h 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
BUSINESS10h 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
BUSINESS10h 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
BUSINESS10h agoSidi Ould Tah, Makhtar Diop, Jeremy Awori… In Luanda, African finance wants to convert profits into productive investmentsLes 3 et 4 novembre, Luanda accueillera la sixième édition de l’Africa Financial Summit (AFIS). En rassemblant plus de 1 250 participants, le sommet, organisé pour la première fois en Afrique australe, entend transformer les succès individuels en investissements productifs.Jeune Afrique
BUSINESS10h agoMinutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026Federal Reserve
BUSINESS10h agoShell to sell Nigeria domestic gas business to Vaaris EnergyShell Petroleum B.V. has signed an agreement to sell its full interest in Shell Nigeria Gas Group to Vaaris Energy Limited, a Nigerian energy company, as the oil major refocuses its investments on strategic businesses. The post Shell to sell Nigeria domestic gas business to Vaaris Energy appeared first on Vanguard News.Vanguard Nigeria
BUSINESS10h agoEdison International falls on Muddy Waters short reportEdison International's stock has declined following a negative report from Muddy Waters. This indicates a financial impact on the company due to market sentiment.Seeking Alpha Tech
BUSINESS10h agoIntroducing the OPPO A7 Pro with a 50MP Ultra-Wide AI Zoom Selfie Camera, an 8,000mAh Battery, and Long-Lasting SmoothnessOPPO on the 12th of October officially announced the Nigerian launch of the OPPO A7 Pro, the latest addition to its A-Series lineup, engineered specifically around everyday reliability, long-term fluid performance, and advanced AI photography. Anchored by the tagline “Tough Outside. Smart Inside,” the device introduces heavy-duty structural protection alongside multi-year performance optimizations designed for […] The post Introducing the OPPO A7 Pro with a 50MP Ultra-Wide AI Zoom Selfie Camera, an 8,000mAh Battery, and Long-Lasting Smoothness appeared first on Vanguard News.Vanguard Nigeria
BUSINESS10h agoRXO and Proto Labs lead industrials quant picks ahead of Q3 earningsRXO and Proto Labs are identified as leading quantitative picks in the industrials sector ahead of their third-quarter earnings reports. This provides financial insights for investors.Seeking Alpha Tech
BUSINESS10h agoDiesel futures jump, signaling higher prices to come despite Trump’s Russia deal“Absolutely stunning price spikes in wholesale diesel today,” a top energy analyst said.NBC News
BUSINESS10h agoEXCLUSIVE: Saudi Arabia plans hybrid format for marquee FII conference after attacks, sources say - ReutersEXCLUSIVE: Saudi Arabia plans hybrid format for marquee FII conference after attacks, sources say ReutersReuters World
BUSINESS10h agoLam Research shares tumble for seven consecutive sessionsShares of Lam Research have fallen for seven consecutive trading sessions. This indicates a sustained period of decline in the company's stock value.Seeking Alpha Tech
BUSINESS11h agoRussian telecom giant Rostelecom offers smaller internet providers relief from surveillance costs. In exchange, it wants their customers — and most of their revenue.Russia’s largest nationwide telecommunications operators, Rostelecom and TransTeleCom, have begun offering small regional providers service agreements under which the providers would hand over their infrastructure and subscriber bases, Kommersant reported after reviewing the presentations.Meduza [en]
BUSINESS11h agoTwo bridges complete coastal road link between Kollam and Koyilandy harbourThe road will provide fisherfolk from Kollam, Arayankavu, and Gurukulam beach with direct access to Koyilandy harbour without having to use the national highway. The bridges were constructed at a cost of ₹1.16 crore using funds from the Harbour Engineering department.The Hindu
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