U.S. New Vehicle Sales Soar: Deep Discounts and Inventory Drives December Surge

2023-12-21 15:48:51 U.S. new vehicle sales are expected to rise about 13% in December from a year earlier, driven by deep discounts and vehicle availability, consultants JD Power and GlobalData said in a joint report. published Thursday. Total new vehicle sales, which include both retail and non-retail transactions, are expected to reach around 1,396,700 units … Read more

Deutsche Bank’s Agreement with Unions and Future Negotiations for Retail Banking Employees in Germany

2023-12-21 14:22:04 FRANKFURT (dpa-AFX) – Deutsche Bank will waive redundancies until the end of September in the conflict between the restructuring of its retail bank and the closure of Postbank branches. “In the spirit of constructive discussions, Deutsche Bank will extend until September 30, 2024 the exclusion of economic redundancies for employees subject to the … Read more

Wall Street Ends Sharply Lower After Fed Interest Rate Comments: Market Analysis

2023-12-20 21:25:31 par Stephen Culp NEW YORK, December 20 (Archyde.com) – The New York Stock Exchange ended sharply lower on Wednesday, at the end of a long hesitant session, seeing the positive momentum of previous days interrupted in the wake of reassuring comments from the Federal Reserve American (Fed) on interest rates. The Dow Jones … Read more

Global Stock Market Update: MSCI Index, Treasury Yields, Oil Prices, and Currency Market Analysis

2023-12-20 20:08:13 The MSCI world stock index fell slightly in afternoon trading Wednesday, while Treasury yields fell as U.S. economic data released earlier in the day beat expectations and British inflation which slowed to a pace which took the markets by surprise. Oil prices edged higher after hitting their highest level in almost three weeks … Read more

Beacon Roofing Supply, Inc.: Distributor of Roofing and Building Products in North America

2023-12-20 18:26:05 Beacon Roofing Supply, Inc. is a distributor of roofing materials and complementary building products, such as coatings and waterproofing, in North America. The Company’s product lines are designed to meet the requirements of its residential, non-residential and complementary building product customers. Its private label brand includes TRI-BUILT. In the residential market, its main … Read more

Market Review: Latest Stock Market Indices and Financial News

2023-12-20 22:00:44 (Photo: Getty Images) MARKET REVIEW. The New York Stock Exchange ended lower on Wednesday, taking a break after weeks of levitation, against a backdrop of cautious comments from companies on the state of consumption in the United States. The Toronto Stock Exchange lost more than 200 points at close on Wednesday. To (re)consult … Read more

Moody’s Downgrades Bank Julius Bär Rating Due to High Credits to Signa Group

2023-12-20 19:58:02 Zurich (awp) – Moody’s has lowered the long-term issuer rating of Bank Julius Bär by one notch after the Zurich institute reported high credits granted to the bankrupt Signa group. The rating was reduced to “A3” from “A2” and the outlook was lowered to “negative” from “stable”, the agency said Wednesday evening. The … Read more