Barclays has raised its price target on Corteva, Inc. to $70 from $64 while maintaining an equal-weight rating. Corteva specializes in agricultural and phytosanitary products, with net sales primarily from seed and grain production (56.5%) and crop protection products (43.5%). The company operates 96 production sites globally, with significant sales in the U.S. and Canada (51.2%).
jacobs solutions reports earnings beat and announces dividend amid stock buyback plan
Jacobs Solutions Inc. reported a quarterly EPS of $1.43, surpassing estimates, with a revenue of $2.91 billion, slightly below expectations. The company announced a quarterly dividend of $0.32 per share and authorized a $1.50 billion stock repurchase plan, indicating confidence in its valuation. Analysts maintain a "Moderate Buy" rating, with a consensus target price of $149.29.
huawei cloud partners with apac firms to advance ai native solutions
Huawei Cloud's 2025 Asia Pacific Partner Conference in Thailand gathered over 400 partners to discuss AI's role in enterprise transformation. The company aims to enhance its AI-native cloud services and support local partners through initiatives like the Partner Sales Acceleration Program 2.0 and the Industry Deep-Dive Initiative, focusing on sectors such as finance and telecommunications. With significant growth in operations and a commitment to ecosystem development, Huawei Cloud is poised to drive digital transformation across the region.
court rules against unlawful bonus cuts for credit suisse executives
The Federal Administrative Court ruled that the federal government's reduction or cancellation of bonuses for top management at Credit Suisse was unlawful, marking a significant legal victory for the rule of law and a setback for politicians involved. In related news, German authorities have banned the "Kingdom of Germany" group linked to the Reichsbürger scene, while new statistics reveal a disparity in Swiss public opinion regarding part-time work for parents. Additionally, New Zealand is experiencing an increasing trend of emigration.
travel sector faces downturn as international visitation to us declines
Travel companies are facing significant challenges, with a projected 9.4% decline in international visitation to the US in 2025, leading to potential revenue losses of $9 billion. Flight Centre and Corporate Travel Management have reported drops in bookings and revenue forecasts, indicating broader economic concerns. Analysts suggest these trends may signal a downturn in consumer and business confidence, with travel firms acting as early indicators of economic sentiment.
hsbc becomes official retail bank for women's rugby world cup 2025
HSBC has been named the Official Retail Bank of the Women’s Rugby World Cup 2025, set to take place in England from August 22 to September 27. This partnership builds on HSBC's 14-year support of World Rugby and aims to empower women’s rugby while promoting financial health through various initiatives. With 300,000 tickets already sold, the tournament is poised to be the largest celebration of women’s rugby to date, inspiring future generations and championing gender equity in sports.
kellanova insider sells shares as analysts downgrade stock rating
Kellanova's insider sold shares at an average price of $82.23, totaling over $9.4 million, reducing their ownership by 0.24%. The company, which manufactures snacks and convenience foods globally, reported a quarterly EPS of $0.90, missing estimates, and announced a dividend of $0.57 per share. Analysts currently rate Kellanova as a "Hold" with a target price of $79.41.
Deutsche Bank raises PPG Industries price target and maintains buy rating
Deutsche Bank has raised its price target for PPG Industries, Inc. to $140 from $125 while maintaining a Buy rating. PPG is a leading producer of coatings, linings, and fiberglass, with net sales primarily from high-performance coatings (61.2%) and industrial coatings (38.8%). Geographically, sales are distributed across the U.S. and Canada (41%), Europe/Middle East/Africa (30.8%), Asia/Pacific (15.8%), and Latin America (12.4%).
goodman group secures confidence in data center financing with four billion placement
Goodman Group has successfully completed a AU$4 billion placement, enhancing confidence in data center financing, as noted by UBS. The company specializes in essential infrastructure, managing a diverse portfolio of logistics real estate and data centers across key global markets, including Australia, Europe, and the Americas. Its long-term strategy focuses on co-investing with partners to create value for customers and investors.
Goodman Group secures four billion dollars to enhance data center investments
Goodman Group has successfully completed a AU$4 billion placement, enhancing confidence in its data center funding. The company specializes in owning, developing, and managing sustainable logistics properties and data centers across key global markets, focusing on long-term value creation for customers and investors. Its diverse portfolio includes logistics centers, warehouses, and business parks, strategically located in major cities worldwide.
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