The airlines industry is seeing a steady recovery in domestic and international travel demand. A stronger-than-expected recovery in air-travel demand from the pandemic lows is a huge positive for the industry, which was one of the worst hits in the peak COVID-19 period. The removal of COVID-related restrictions is aiding air travel, which is now strong on the international front […]

Save articles for later Add articles to your saved list and come back to them any time. Small business owners are hesitant to throw support behind Prime Minister Anthony Albanese’s proposal for a public holiday if the Matildas win the FIFA Women’s World Cup, warning that high labour costs would make it difficult to justify staying open on the day. […]

The futures traded higher as we get ready to start another trading week, after good inflation news last Thursday turned into bad inflation news on Friday when the producer price index came in hotter than expected. The surprising print unleashed the sellers, and all the major indexes (except for the Dow Jones industrials) closed lower on the day. The Nasdaq, […]

For the quarter that ended June 2023, multiple generic drugmakers like Amphastar Pharmaceuticals AMPH, Dr. Reddy’s Laboratories RDY and Teva Pharmaceutical TEVA noted that the generic price erosion in the United States has started to reduce. The trend is expected to continue for the rest of the year. Generic drugmakers also focus on new product launches or products with high […]

Before U.S. markets open Thursday morning, 31 companies are scheduled to report quarterly earnings results. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of dollars. Companies marked with an asterisk have not confirmed […]

Fintel reports that on August 4, 2023, Evercore ISI Group downgraded their outlook for PayPal Holdings (NASDAQ:PYPL) from Outperform to In-Line. Analyst Price Forecast Suggests 43.09% Upside As of August 2, 2023, the average one-year price target for PayPal Holdings is 91.84. The forecasts range from a low of 58.58 to a high of $168.00. The average price target represents […]

Save articles for later Add articles to your saved list and come back to them any time. ANZ could restructure its $4.9 billion dollar planned purchase of Suncorp, which was rejected in its original form by the competition watchdog last week, to improve its chances of getting the deal through on appeal at the Australian Competition Tribunal, investors have said. […]

Save articles for later Add articles to your saved list and come back to them any time. All eyes will be on the country’s biggest bank this week when it reveals its full-year results, providing a snapshot of the state of the economy, bad debts and the extent of any pressure on banks’ margins. The first of the majors to […]

Fintel reports that on August 3, 2023, Citigroup downgraded their outlook for Roku Inc – (NASDAQ:ROKU) from Buy to Neutral. Analyst Price Forecast Suggests 13.64% Downside As of August 2, 2023, the average one-year price target for Roku Inc – is 78.80. The forecasts range from a low of 50.50 to a high of $99.75. The average price target represents […]