Investing.com – Brent crude prices have retreated to the low-to-mid $70s a barrel, which reflects market confidence in a large 2025 surplus, according to Goldman Sachs, but the influential investment bank sees upside risks in the short term. At 08:55 ET (13:55 GMT), Brent crude traded 0.6% lower to $73.78 a barrel, 4% higher this…
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”….
