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Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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Exchange-Traded Funds, US Equities Rise After Midday
Exchange-Traded Funds, US Equities Rise After Midday
Jul 21, 2025
01:02 PM EDT, 07/21/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) was up 0.7%. US equity indexes advanced amid declines in government bond yields, the dollar, and crude oil in midday trading on Monday. Energy iShares US Energy ETF (IYE) fell 0.7% and the Energy Select Sector SPDR...
Sector Update: Health Care
Sector Update: Health Care
Jul 21, 2025
01:29 PM EDT, 07/21/2025 (MT Newswires) -- Health care stocks were softer Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each decreasing about 0.1%. The iShares Biotechnology ETF (IBB) was little changed. In corporate news, Sarepta Therapeutics ( SRPT ) said the US Food and Drug Administration has placed a clinical...
Sector Update: Energy
Sector Update: Energy
Jul 21, 2025
01:34 PM EDT, 07/21/2025 (MT Newswires) -- Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index down 0.3% and the Energy Select Sector SPDR Fund (XLE) shedding 0.5%. The Philadelphia Oil Service Sector index was gaining 0.2%, and the Dow Jones US Utilities index was up 0.6%. Front-month West Texas Intermediate crude oil was declining 0.2% to...
Sector Update: Financial
Sector Update: Financial
Jul 21, 2025
01:12 PM EDT, 07/21/2025 (MT Newswires) -- Financial stocks rose in Monday afternoon trading with the NYSE Financial Index gaining 0.7% and the Financial Select Sector SPDR Fund (XLF) climbing 0.5%. The Philadelphia Housing Index was little changed, and the Real Estate Select Sector SPDR Fund (XLRE) advanced 0.8%. Bitcoin (BTC-USD) increased 0.5% to $117,909, and the yield for 10-year...
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Lockheed Martin cautious on 2025 profit view, shares sink 8%
Lockheed Martin cautious on 2025 profit view, shares sink 8%
Jan 28, 2025
(Reuters) -Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples with the delayed rollout of upgrades to the F-35 fighter jet that are vital to its bottom line.  Shares of the company fell about 8.2% in premarket trading after the company told investors of new financial losses on...
Sector Update: Consumer
Sector Update: Consumer
Jan 28, 2025
01:40 PM EST, 01/28/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.2%. Redbook US same-store sales last week rose 4.9% from a year earlier after a 4.5% increase in the previous week. In corporate news, General Motors...
Merck Authorizes $10 Billion Share Repurchase, Maintains Quarterly Dividend at $0.81 a Share
Merck Authorizes $10 Billion Share Repurchase, Maintains Quarterly Dividend at $0.81 a Share
Jan 28, 2025
01:39 PM EST, 01/28/2025 (MT Newswires) -- Merck ( MRK ) said Tuesday its board authorized an additional $10 billion of treasury stock purchases, with no deadline for completion. The company also maintained its quarterly dividend at $0.81 per share, payable April 7 to holders of record March 17. Price: 97.81, Change: -0.13, Percent Change: -0.13 ...
Westinghouse Wins $248 Million Locomotive Order
Westinghouse Wins $248 Million Locomotive Order
Jan 28, 2025
01:39 PM EST, 01/28/2025 (MT Newswires) -- Westinghouse Air Brake Technologies ( WAB ) , or Wabtec, said Tuesday it won a $248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou, a Baowu & Winning joint venture. The locomotive will support its rail operations at the iron ore project in the east of Guinea, with...
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Fidelity Investments Reports Data Breach Affected Over 77,000 Customers
Fidelity Investments Reports Data Breach Affected Over 77,000 Customers
Oct 11, 2024
Fidelity Investments one of the worlds most prominent asset managers has reported that a data breach in August affected the personal information of over 77,000 customers. The breach, which occurred between August 17 and August 19, 2024, allowed an unauthorized third party to gain access to two customer accounts. No Evidence of Data Misuse Yet The compromised sensitive information revealed...
DOGE Leads SHIB and PEPE in This Important Metric: Details
DOGE Leads SHIB and PEPE in This Important Metric: Details
Oct 11, 2024
Short-term trader activity is a critical factor in the dynamics of meme coins, which are largely fueled by hype and market sentiment. Leading this trend is Dogecoin (DOGE), which boasts the highest number of short-term traders in the meme coin space. DOGE Emerges as Traders Favorite According to the latest findings by the on-chain analytic platform Intotheblock, DOGE attracted 110,000...
Is Shiba Inu (SHIB) Price About to Plummet? 4 Bearish Signs to Watch
Is Shiba Inu (SHIB) Price About to Plummet? 4 Bearish Signs to Watch
Oct 11, 2024
TL;DR SHIB is down 13% in two weeks amid negative sentiment on Telegram and declining network activity. However, some indicators, like increased exchange outflows, suggest a potential price rebound. Bears in Control? The popular meme coin has been underperforming in the last two weeks, with its price plummeting by 13% (per CoinGeckos data). Despite recovering some value from yesterdays local...
Bitcoin Rollercoaster: to $59K and Back Above $62,000, What’s Next? This Week’s Recap
Bitcoin Rollercoaster: to $59K and Back Above $62,000, What’s Next? This Week’s Recap
Oct 11, 2024
The cryptocurrency market has gone through considerable turbulence over the past seven days. Ultimately, though, the buyers were able to maintain their presence and pushed off the attempts to drag prices to a lot lower levels. At the time of this writing, the total market capitalization stands at around $2.17 trillion, which is more or less where it was this...
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