Interest-bearing credit card debt rises sharply in Norway
Interest-bearing credit card debt in Norway increased by NOK 2.1 billion during August and September, significantly more than during the same period last year. In September alone, it rose by NOK 0.9 billion to NOK 42.5 billion. Total consumer debt increased 0.6 percent from August to NOK 178.3 billion. Over twelve months, the increase is […]
ING: Lower US inflation eases pressure on the Fed
ING believes that the US economy is in better balance after core PCE inflation in August came in lower than expected. The monthly rate was 0.2 percent versus the expected 0.3 percent, while the annual rate of 3 percent was below the consensus of 3.3 percent. According to ING, the figure supports Fed official John […]
Eli Lilly reports positive results with Elora TZP in Phase 2b
US pharmaceutical company Eli Lilly reports positive results from a Phase 2b study of EloraTZP, a combination of eloralintide and tirzepatide, in 367 adults with obesity or overweight and type 2 diabetes. After 48 weeks, all studied dose combinations met the primary and secondary endpoints. Patients receiving EloraTZP reduced their body weight by an average […]
Leading European stock markets fall ahead of the close, Stoxx 600 index down 0.3 percent
Leading European stock markets are moving lower ahead of Wednesday’s close. The broad European Stoxx 600 index was down 0.33 percent at 635.99 at 15:51. During the day, the index has traded within a range of -0.43 percent at the low and 0.76 percent at the high. By sector, retail is performing best, up 1.43 […]
ESA refers Iceland to EFTA Court over EEA rules
The EFTA Surveillance Authority, ESA, is referring Iceland to the EFTA Court because, in the authority’s view, the country’s legislation does not ensure that transposed EEA rules take precedence over conflicting national provisions. ESA has raised objections to Iceland’s implementation of Protocol 35 to the EEA Agreement since 2012. The infringement procedure was initiated in […]
Key US companies at 16.18 – Freeport McMoRan rises 4,6 percent
Sector/companyPriceChange todayChange this yearTimeAluminumAlcoa42,972,4%-19,1%16:18:08Banking & FinanceAmerican Express306,110,2%-17,3%16:18:10Bank of America54,960,0%-0,1%16:18:11Citigroup130,70-0,1%12,0%16:18:14Goldman Sachs912,58-0,4%3,8%16:18:05JP Morgan Chase334,68-0,1%3,9%16:18:11Morgan Stanley191,29-0,8%7,8%16:18:09Wells Fargo80,680,2%-13,4%16:18:09ApparelAbercrombie135,911,7%8,0%16:18:07Bath & Body Works16,161,0%-19,5%16:18:06Gap23,861,4%-6,8%16:18:14TJX132,60-0,9%-13,7%16:18:08BiotechAmgen422,81-0,2%29,2%16:18:05RetaileBay107,982,6%24,0%16:18:10Home Depot288,190,1%-16,2%16:18:13Walmart105,73-1,0%-5,1%16:18:15EnergyChevron205,220,4%34,6%16:18:13Conoco Phillips125,700,2%34,3%16:18:13Exxon Mobil162,730,9%35,2%16:18:13Halliburton31,800,8%12,5%16:18:01SLB49,60-0,6%29,2%16:18:11AutomotiveFord Motor12,29-0,1%-6,3%16:18:09General Motors79,33-1,4%-2,4%16:18:10Paccar111,780,0%2,1%16:18:12Tesla349,68-0,9%-22,2%16:18:15DefenseLockheed Martin508,16-0,8%5,1%16:18:07MiningFreeport McMoRan74,054,6%45,8%16:18:13SemiconductorsAMD602,73-0,8%181,4%16:18:14Intel118,242,0%220,4%16:18:13Nvidia230,661,5%23,7%16:18:14Qualcomm186,021,0%8,8%16:18:07STMicro52,94-0,6%104,1%16:18:12Texas Instruments280,51-0,4%61,7%16:18:03InvestmentBerkshire Hathawy500,52-0,4%-0,4%16:18:08Consumer GoodsKimberly-Clark99,130,1%-1,7%16:17:56Procter&Gamble147,93-0,3%3,2%16:18:08Thor Industries70,05-0,2%-31,8%16:17:46Whirlpool31,452,5%-56,4%16:18:04FoodCoca-Cola87,060,3%24,5%16:18:12McDonald’s234,230,1%-23,4%16:18:08PharmaceuticalsAbbott Laboratories99,36-1,6%-20,7%16:18:11Bristol Myers Squibb63,781,5%18,2%16:18:12Eli Lilly1195,020,9%11,2%16:18:11Gilead Sciences150,20-0,7%22,4%16:18:00Johnson & Johnson266,86-0,3%28,9%16:18:08Merck147,40-1,3%40,0%16:18:07Pfizer28,65-0,2%15,1%16:18:11MedtechBoston Scientific43,53-0,8%-54,4%16:18:12Medtronic86,60-0,6%-9,8%16:18:13Steris209,82-0,4%-17,2%16:17:37Stryker274,39-1,3%-21,9%16:18:05MediaFox Corporation63,511,6%-13,1%16:18:04Netflix70,10-0,3%-25,2%16:18:13Spotify493,660,0%-15,0%16:18:10Networking EquipmentCisco Systems107,580,6%39,7%16:18:11ShippingDiana Shipping2,812,0%69,0%16:17:45Star Bulk29,802,0%55,0%16:17:46Zim Integrated Shipping29,382,2%38,4%16:18:04SteelNucor238,691,3%46,3%16:18:04TechAlibaba108,771,0%-25,8%16:18:12Alphabet347,363,0%10,7%16:18:11Amazon251,091,8%8,8%16:18:13Apple337,522,5%24,2%16:18:13IBM220,730,3%-25,5%16:18:11Meta Platforms727,71-1,5%10,2%16:18:12Microsoft518,251,8%7,2%16:18:12Trimble57,550,4%-26,5%16:17:00TelecomAT&T24,550,3%-1,2%16:18:12T Mobile164,050,7%-19,2%16:18:11Verizon45,90-0,2%12,7%16:18:11TobaccoAltria68,24-0,7%18,3%16:18:11Philip Morris192,97-0,5%20,3%16:18:09TransportFedex286,78-0,2%23,3%16:18:04IndustrialsBoeing189,761,1%-12,6%16:18:13Caterpillar817,48-1,1%42,7%16:17:54Cummins518,03-0,6%1,5%16:17:54Deere680,520,2%46,2%16:18:05Eaton431,03-0,5%35,3%16:18:10Emerson Electric157,07-0,1%18,3%16:18:10GE Aerospace313,52-1,4%1,8%16:18:11Honeywell210,750,3%3,1%16:17:54Ingersoll-Rand76,35-0,2%-3,6%16:18:06Kennametal31,040,1%9,2%16:17:52Parker-Hannifin968,16-0,2%10,1%16:17:32Rockwell Automation434,970,8%11,8%16:17:58RTX Corp185,89-0,6%1,4%16:18:06Stanley Black&Decker90,371,8%21,7%16:18:01Timken116,78-0,4%38,8%16:18:01Toro96,97-0,5%23,2%16:18:02Source: Factset
Cbrain raises earnings forecast after Djoef agreement
Cbrain has entered into a strategic partnership with the Danish trade union Djoef, which has approximately 110,000 members. The partnership will develop a new integrated digital platform for trade unions and expand F2 into the CRM market. At the same time, Cbrain raises its forecast for the EBT margin in 2026 to 22–26 percent, from […]
US crude oil inventories (DOE) rose unexpectedly last week
US crude oil inventories, excluding strategic reserves, rose by 0.9 million barrels last week. According to Bloomberg, the market expected a decrease of 0.5 million barrels. The previous week’s reading was 3.0. Gasoline inventories decreased by 1.7 million barrels. The market expected a decrease of 0.7 million barrels. The previous week’s reading was -1.7. Distillate […]
U.S. crude oil inventories +0.9 million barrels in latest reporting week, expected -0.5
U.S. crude oil inventories +0.9 million barrels in latest reporting week, expected -0.5
US propane inventories rose to 109.6 million barrels last week
US propane inventories rose to 109.6 million barrels last week, from 107.9 million barrels the previous week. This is shown by the latest weekly statistics from the Energy Information Administration (EIA). USWeek 39Week 38Propane inventories, million barrels109.6107.9
