Tag: cuts
in Mayotte, new water cuts are announced
Water shortage has been hitting the French department of Mayotte, in the Indian Ocean, for several months now. But the situation is not improving. The water towers, that is to…
Biesse, Intesa cuts target price and confirms Buy
(Tiper Stock Exchange) – Intesa Sanpaolo has lowered to 16.5 euros per share (from 18.5 euros) the target price on the title Biessea multinational listed on Euronext STAR Milan and…
Dick’s Sporting Goods cuts guidance after quarterly lower than expected
(Tiper Stock Exchange) – Dick’s Sporting Goodsthe largest full-line omnichannel sporting goods retailer headquartered in the United States, closed the second quarter (ended July 29, 2023) with sales up to…
Hawaiian Electric, Fitch also cuts rating to “junk” after fires
(Tiper Stock Exchange) – Fitch Ratings downgraded the Long-Term Issuer Default Rating (IDR) by Hawaiian Electric Industries (HEI) to “B” from “BBB+” and Hawaiian Electric Company (HECO) long-term IDR to…
China’s central bank cuts interest rates again
In contrast to major economies in the world fighting inflation, China decided to cut from 3.55% to 3.45% the one-year interest rate, which serves as a benchmark for business loans.…
Dear fuel, consumers are asking for cuts in excise duties and temporary zeroing of VAT
(Finance) – “In this summer of 2023 we are witnessing unacceptable fuel price increases. The government has adopted mild measures (cartels with average prices) which, as we expected, have proved…
Egypt: faced with the crisis and power cuts, traders forced to adapt
In the midst of an economic crisis, prices are soaring in Egypt. Faced with this situation, the Egyptian government is promising stable electricity prices until next January. But for the…
Wall Street awaits macro data, Tesla down after price cuts
(Tiper Stock Exchange) – Wall Street is recovering, rising compared to the openingwith the Dow Jones which stops at 35,250 points, while, on the contrary, a slight increase for theS&P-500,…
Oil: IEA cuts demand estimates, weighs difficult macro scenario and electric cars
(Tiper Stock Exchange) – World oil demand is reaching record levelsboosted by heavy summer air travel, increased use of oil in power generation, and rising Chinese petrochemical activity. Global oil…
Cano Health cuts 17% of workforce and aims to sell company
(Tiper Stock Exchange) – Cano Healtha company active in the healthcare and management of facilities for the elderly, closed the second quarter (as of June 30, 2023) with come in…