Wall Street

Daimler Truck (ETR:DTGGe) has delivered third-quarter results that, on the surface, appear encouraging. The industrial adjusted earnings before interest and taxes (EBIT) reached €1.15 billion, resulting in a respectable margin of 9.3%. This figure is an improvement of approximately 5.6% over the consensus expectations from Visible Alpha. Additionally, the company’s industrial revenue of €12.31 billion
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The ambitious plans of Korea Zinc to conduct a $1.8 billion share sale have encountered significant roadblocks following the South Korean financial regulator’s intervention. This suspension of activities, announced on October 30, 2023, has raised immediate concerns regarding the future of this initiative. According to a regulatory filing, the Financial Supervisory Service (FSS) issued a
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As the U.S. stock market opens on a Monday permeated with anticipation and trepidation, investors find themselves navigating a landscape fraught with uncertainty. The backdrop for this unsettling week includes not just a fiercely contested presidential election, but also a pivotal Federal Reserve meeting. With impending decisions that could significantly impact the financial market, the
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As the United States approaches a pivotal presidential election, the financial landscape remains fraught with uncertainty. The latest insights from Capital Economics underline several critical facets that could shape market behaviors in the aftermath of the election. While the political rivalry between Donald Trump and Kamala Harris heats up, the implications for investors cannot be
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Samsung Electronics recently reported a significant rise in its third-quarter profits compared to the previous year, generating an impressive operating profit of 9.2 trillion won (approximately $6.66 billion). This achievement, however, is overshadowed by a stark contrast in the pace of growth compared to the previous quarter, highlighting the challenges the company faces in a
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In a pivotal announcement that signals a significant shift in the automotive landscape, Suzuki Motor’s Indian subsidiary, Maruti Suzuki, is set to produce its inaugural electric vehicle (EV) in collaboration with Toyota Motor. This move, which marks the two automotive giants’ first foray into the electric domain together, highlights a growing trend towards sustainability in
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