Raytheon (RTX) posted mixed Q3 results and announced deeper job cuts as the ongoing collapse in global commercial air travel hits its aviation businesses hard. Raytheon stock sank. X Raytheon Earnings Estimates: Early Tuesday, Raytheon should see EPS crumble 78% to 48 cents as revenue drops 22% to $15.13 billion. Results: Raytheon earnings dived 54% […]
Continue ReadingHere’s your Investing Action Plan for Wednesday: what you need to know as an investor for the coming day. Biotech stocks Amgen (AMGN) and Gilead Sciences (GILD) report as they also develop Covid-19 drugs. Payment leaders Visa (V) and Mastercard (MA) are also due, while Boeing (BA) eyes another quarter of steep losses. X Covid-19 Biotech Stocks […]
Continue ReadingAgnico Eagle Mines (AEM) is forming a base with an 85.56 buy point with its next quarterly report set for Oct. 28. The current formation is a first-stage cup with handle. X It’s a first-stage base after it dropped below the buy point of its most recent base. That’s bullish because stocks that break out […]
Continue ReadingMSCI announced today the launch of the MSCI Climate Paris Aligned Index Suite, with the introduction of eight new indices targeted to investors seeking address climate change through their investments. According to MSCI, the new index suite aims to help investors tackle climate change holistically by reducing both their transition and physical risks, identify green […]
Continue ReadingDeutsche Bank announced today that it has expanded its Asia Pacific ESG team with the hire of Kalpana Seethepalli. In her newly created role, Kalpana will be responsible for leading the team’s work on results frameworks, measurement, monitoring, and sustainable finance taxonomies for ESG transactions. Prior to joining Deutsche Bank, Seethepalli was Managing Director, Sustainability […]
Continue ReadingFinancial market data provider Refinitiv and media company FORTUNE announced today that they are partnering on the Measure Up Initiative, aiming to make corporate diversity disclosure the new standard of doing business. According to the companies, Measure Up, which will be powered by Refinitiv’s ESG governance data, will help business leaders across industries tackle one […]
Continue ReadingThe Principles for Responsible Investment (PRI) announced today that it has released three new Selection, Appointment and Monitoring (SAM) guides for asset owners. The new guides outline how asset owners can ensure Environmental, Social and Governance (ESG) considerations remain at the heart of their relationships with their investment managers. The new guides address each aspect […]
Continue ReadingGlobal exchange and clearing house operator Intercontinental Exchange announced today that its market data solution ICE Data Services will integrate ESG risk data from RepRisk into its ESG Reference Data service. RepRisk is a data science company, that uses a combination of machine learning and human intelligence to offer quantitative risk analytics and proprietary metrics […]
Continue ReadingElanco Animal Health Incorporated announced today a series of 2030 sustainability commitments, supporting the UN Sustainable Development Goals (SDGs), addressing societal challenges and underscoring the company’s role in improving the health of animals, which also improves the health of people and the planet. The new goals represent the first sustainability targets set by Elanco since […]
Continue ReadingAb InBev announced today that the Budweiser Brewing Group UK&I’s entire beer portfolio is now free of plastic rings. Brands in the portfolio include Budweiser, Bud Light, Stella Artois and Beck’s. Paula Lindenberg, President of Budweiser Brewing Group UK&I, said: “We couldn’t have predicted the events of this year, but we were determined to not let this […]
Continue ReadingA group of leading institutional investors has sent letters to the Chief Executive Officers and Chairs of Boards of Directors of the largest U.S.-based corporate greenhouse gas emitters, calling on the companies to disclose how their climate lobbying aligns with the most ambitious goals of the Paris Agreement and science-based climate policies. The institutional investors […]
Continue ReadingMedical marijuana seems to have a fighting chance in South Dakota.
Continue ReadingStrong data-center results show the chip maker’s momentum and continued gains against Intel.
Continue ReadingThe two global lenders are the latest to strike an upbeat tone despite the continuing pandemic impact.
Continue ReadingAIG’s property-and-casualty unit could fetch a better valuation on its own, but it will likely still trail its rivals for now.
Continue ReadingThe companies are discussing a deal that would value closely held Topgolf at more than $2 billion, people familiar with the matter said. An agreement could be finalized this week assuming the talks don’t fall apart.
Continue ReadingU.S. manufacturers are having trouble meeting demand in key sectors.
Continue ReadingThe jet-engine business faces a gloomier outlook than investors expected, but trimming expenses could still provide an edge over rivals.
Continue ReadingThe DOJ, making preparations for potential litigation, could soon decide whether it will sue to block Visa’s purchase of the fintech firm.
Continue ReadingU.S. sanctions over Hong Kong are likely to pose fewer headaches for international banks operating in the financial hub than first feared, lawyers say.
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