Sat, April 20, 2024
Last Week’s Stock Market Overview
Stock Markets

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with

Last Week’s Stock Market Overview
Stock Markets

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with

Zoom reaches $86m settlement over user privacy
Stock Markets

According to the latest news, Zoom agreed to pay $86 million and

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Last Week’s Stock Market Overview
Stock Markets

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with

Zoom reaches $86m settlement over user privacy
Stock Markets

According to the latest news, Zoom agreed to pay $86 million and

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Last Week’s Stock Market Overview

Genuine Parts Company: Q1 2024 Performance

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with modest revenue growth under CEO Paul Donahue and President CO Will Stengel. Sales totalled $5.8 billion, slightly below expectations, influenced by acquisitions

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Last Week’s Stock Market Overview

Genuine Parts Company: Q1 2024 Performance

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with modest revenue growth under CEO Paul Donahue and President CO Will Stengel. Sales totalled $5.8 billion, slightly below expectations, influenced by acquisitions and comparable sales decline. Net

Broker News, asml

ASML Q1: Sales Drop 21.6%, Profit Beats with €1.22B

Quick Look:  ASML reports mixed Q1 2024 results: Sales €5.29B, profits decline 40.39%. Christophe Fouquet appointed as new CEO; maintains €27.6B full-year sales forecast. China sales hit €2B, 49% of total; U.S.-led export curbs affect semiconductor industry. ASML expands

Potential for underperformance

$4.2B Encore Wire Sale Faces Legal Scrutiny

Quick Look: Halper Sadeh LLC investigates the fairness of Encore Wire’s sale to Prysmian at $290/share. Concerns about underpayment and adequacy of shareholder information. Deal valued at $4.2 billion; includes a premium over recent share prices. The market responded

Diverse Israeli Tech becomes available for New Gulf Allies

Markets Waver as Iran-Israel Tensions Flare Up

Quick Look: Saudi & Qatari indices are down, with Saudi -1.8% and Qatari -1.6% due to Iran-Israel tensions. Bahrain’s index is up 0.9%, contrasting regional downtrends. Brent crude at $90.45, a six-month high amid conflict. As investors seek stability,

world's stock markets

World Stock Markets Tense after Gloom in Asian Trading

Friday was still markedly turbulent for world markets as economic news focused of the slide on Asian shares to 20-month lows. Meanwhile, S&P futures fell steeply and China’s yuan weakened. Anticipation for corporate profits also added to the lingering

stock charts

Asian Shares, US Equities Trade in the Red

Anxiety about China’s sluggish economy growth spill across Asian markets on Monday while US stock futures turning down and Chinese shares lingering in the red as concerns about US corporate earnings and global growth continued to pull down sentiment.

ASK/BID keys

IBM Shares Slide on Cloud Merger

IBM Corp’s $34 billion deal to acquire Red Hat Inc. drove shares in the small but fast growing software maker 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids.

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Last Week’s Stock Market Overview

Genuine Parts Company: Q1 2024 Performance

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with modest revenue growth under CEO Paul Donahue and President CO Will Stengel. Sales totalled $5.8 billion, slightly below expectations, influenced by acquisitions and comparable sales decline. Net income declined to $249 million, with EPS at $1.78; adjusted

Last Week’s Stock Market Overview

Genuine Parts Company: Q1 2024 Performance

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with modest revenue growth under CEO Paul Donahue and President CO Will Stengel. Sales totalled $5.8 billion, slightly below expectations, influenced by acquisitions and comparable sales decline. Net income declined to $249 million, with EPS at $1.78;

Broker News, asml

ASML Q1: Sales Drop 21.6%, Profit Beats with €1.22B

Quick Look:  ASML reports mixed Q1 2024 results: Sales €5.29B, profits decline 40.39%. Christophe Fouquet appointed as new CEO; maintains €27.6B full-year sales forecast. China sales hit €2B, 49% of total; U.S.-led export curbs affect semiconductor industry. ASML expands US presence; anticipates industry rebound by 2025 with continuous

Potential for underperformance

$4.2B Encore Wire Sale Faces Legal Scrutiny

Quick Look: Halper Sadeh LLC investigates the fairness of Encore Wire’s sale to Prysmian at $290/share. Concerns about underpayment and adequacy of shareholder information. Deal valued at $4.2 billion; includes a premium over recent share prices. The market responded positively, with significant stock price increases for both companies.

Diverse Israeli Tech becomes available for New Gulf Allies

Markets Waver as Iran-Israel Tensions Flare Up

Quick Look: Saudi & Qatari indices are down, with Saudi -1.8% and Qatari -1.6% due to Iran-Israel tensions. Bahrain’s index is up 0.9%, contrasting regional downtrends. Brent crude at $90.45, a six-month high amid conflict. As investors seek stability, gold peaks at $2400, a new record. Mixed global

Last Week’s Stock Market Overview

Genuine Parts Company: Q1 2024 Performance

Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with modest revenue growth under CEO Paul Donahue and President CO Will Stengel. Sales totalled $5.8 billion, slightly below expectations, influenced by acquisitions

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