Investing.com — US equity funds are set to experience a record-breaking year with annualized inflows reaching $448 billion, Bank of America reported. Money market funds are also witnessing unprecedented demand, projected to receive “massive” inflows of $1.1 trillion in 2024. In the week ending November 11, equity funds attracted $14.4 billion, while bonds saw inflows…
(Reuters) -Honeywell will sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash, it said on Friday, further streamlining its business. A potential sale of the PPE business was disclosed before activist Elliott Investment called for a split of the company’s aerospace and automation businesses after taking a $5…
Investing.com — US stock futures traded in a muted fashion Friday, at the end of a generally positive week. Here are some of the biggest premarket US stock movers today: Gap (NYSE:GAP) stock rose 18% after the fashion retailer raised its annual sales forecast and said the holiday season was off to a “strong start”….
