Tag: may

Mercedes-Benz workers to vote on UAW membership in May

 stock analyst  04/18/2024  0 Comments on Mercedes-Benz workers to vote on UAW membership in May

(Reuters) – Workers at a Mercedes Benz (ETR:MBGn) factory in Vance, Alabama will vote between May 13 and May 17 on whether to join the United Auto Workers union, the National Labor Relations Board (NLRB) said on Thursday.

12 stocks likely to enter MSCI index in May rejig, trigger $2 billion inflows. Paytm to exit

 stock analyst  04/18/2024  0 Comments on 12 stocks likely to enter MSCI index in May rejig, trigger $2 billion inflows. Paytm to exit

Paytm will be a high conviction exclusion, causing outflows of $77 million from India, the domestic brokerages\’ note said. Paytm\’s exclusion comes after a nearly 40% correction in the share price following RBI\’s ban on its Paytm Payments Bank. Meanwhile, Berger has yielded nearly 9% returns over 1 year.

Worst may be over for Chinese stocks, but stick to alpha picks- Goldman Sachs

 stock analyst  04/16/2024  0 Comments on Worst may be over for Chinese stocks, but stick to alpha picks- Goldman Sachs

Investing.com– Chinese stocks saw a strong recovery in the first quarter of 2024 amid some improvements in the economy and earnings, Goldman Sachs analysts said in a recent note.

JPM: Earnings beats may not advance stock market gains

 stock analyst  04/15/2024  0 Comments on JPM: Earnings beats may not advance stock market gains

JPMorgan strategists said consensus projections for earnings growth have been “moving materially lower” in recent months ahead of the Q1 2024 reporting season kick-off.

Arista Networks may not be big AI winner, analyst warns in downgrade to sell

 stock analyst  04/13/2024  0 Comments on Arista Networks may not be big AI winner, analyst warns in downgrade to sell

Investing.com — Arista Networks (NYSE:ANET) has been riding high on bets that it will benefit as demand for ethernet to…