Archive for Tag: Trade Ideas everyday

Renault targets lower production costs with French electric car hub

Renault (PA:RENA) is trading down 0.70% at 34.445 French carmaker Renault (PA:RENA)said on Wednesday it will combine three of its plants in northern France to form an electric car hub with lower production costs, which aims to turn out 400,000 vehicles a year by 2025. Renault said creating the...

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Southwest Airlines orders 34 more 737 MAX aircraft from Boeing

Boeing (NYSE:BA) Co is trading up 1.10% at 252.66 Southwest Airlines said on Tuesday it had ordered 34 new Boeing (NYSE:BA) Co737 MAX 7 aircraft to receive in 2022, as the U.S. airline prepares for a vaccine-driven recovery in travel demand. The move lifts the carrier’s firm orders for...

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J&J vaccine drive stalls out in U.S after safety pause

Johnson & Johnson (NYSE:JNJ) is trading down 0.04% at 165.97 Safety concerns about Johnson & Johnson (NYSE:JNJ)’s COVID-19 vaccine along with overall flagging demand for vaccinations have slowed its U.S. rollout to a crawl, leaving close to half of the 21 million doses produced for the United States sitting...

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German Audit Office Sees Substantial Risks in Planned ESM Reform -ZDF

Eurozone finance ministers agreed in November to widen the responsibilities of the fund, known as the European Stability Mechanism (ESM), to strengthen the resilience of the common currency area amid worries that the COVID-19 pandemic increased risks of future economic trouble. The changes will allow the ESM to lend...

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Shareholder activism reaches milestone as Exxon board vote nears end

Exxon Mobil Corp (NYSE:XOM)is trading down 2.26% at 58.26 The showdown pitting Exxon Mobil Corp (NYSE:XOM)against a tiny activist fund to determine the oil giant’s board and future direction was too close to call early Wednesday, according to people familiar with the matter. Exxon’s 12 directors are up for...

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Oxford Biomedica lifts outlook as AstraZeneca ramps up vaccine output

AstraZeneca (NASDAQ:AZN) UP 0.62% AT 7944 Oxford Biomedica on Tuesday doubled the revenue expectation from its COVID-19 vaccine supply deal with AstraZeneca (NASDAQ:AZN) after the drug maker commissioned more batches from the company in the second half of 2021. Shares of the cell therapy firm, which has an agreement...

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AT&T close to deal to combine media empire with Discovery

AT&T Inc (NYSE:T) UP 0.09% AT 32.24 U.S. telecoms giant AT&T Inc (NYSE:T)is nearing a deal to combine its media assets, including CNN and HBO, with Discovery (NASDAQ:DISCA) Inc, the owner of lifestyle TV networks such as HGTV and TLC, according to news reports citing unnamed sources. The deal...

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