Global Markets Cautious Ahead of FOMC, Drugmakers Pledge Billions in US Investment
Stock Market News· 2025-09-17 00:39
Key TakeawaysDrugmakers have collectively pledged over $350 billion in U.S. investments, with Eli Lilly and Company (LLY) leading with a $5 billion manufacturing plant in Virginia, in response to potential tariff threats.Mitsubishi Corporation (8058.T) and its partners, Anglo American (AAL) and Codelco, finalized a joint mine plan for Chilean copper operations, projecting a $5 billion pre-tax value uplift and an additional 120,000 tonnes of copper production annually.Asia-Pacific stock markets opened lower, ...
Bank of America flags 3 signs that the stock market may be heading for a decline
Yahoo Finance· 2025-09-17 00:37
Reuters Stocks are flashing technical signs that look like risks to the market's rally, BofA said. A top technical strategist at the bank highlighted three things for investors to keep an eye on. The market often enters its weakest stretch during the month of September. The stock market is flashing a handful of signs that the latest rally may be about to reverse course, one of Bank of America's top technical strategists said. Paul Ciana, the global chief technical strategist at BofA, said in a cli ...
Diversified Energy Announces Pricing of Secondary Offering of Ordinary Shares - Diversified Energy (NYSE:DEC)
Benzinga· 2025-09-17 00:37
Diversified Energy Announces Pricing of Secondary Offering of Ordinary SharesBIRMINGHAM, Ala., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (DECDEC ("Diversified" or the "Company"), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the pricing of the previously announced underwritten public offering (the "Secondary Offering") by certain funds or entities managed by an affiliate of EIG ("EIG"), an e ...
BHP (ASX:BHP) share price in focus as 750 jobs cut at Australian mine
Rask Media· 2025-09-17 00:35
Core Viewpoint - BHP Group Ltd is cutting 750 jobs at its Saraji South coal mine in Queensland due to the impact of high coal royalties and challenging market conditions, which has raised concerns about the sustainability of the Queensland coal industry [1][3][4]. Group 1: Job Cuts and Mine Closure - 750 jobs will be cut at the Saraji South mine, a joint venture between BHP and Mitsubishi Development [2]. - The Saraji South mine, opened in 1974, is one of Australia's largest coal mines by recoverable reserves and will be mothballed starting in November [2]. Group 2: Impact of Coal Royalties - Queensland's coal royalties are structured in three tiers: 20% at $175 per tonne, 30% at $225 per tonne, and 40% if prices exceed $300 per tonne, contributing to the decision to cut jobs [3]. - BHP's asset president indicated that the company did not want to cut jobs but had to make necessary decisions due to unsustainable coal royalties and market conditions, suggesting a crisis point for the Queensland coal industry [3]. Group 3: Broader Implications - The job cuts are expected to have real impacts on regional jobs, communities, and small businesses, creating uncertainty for affected individuals [4]. - Despite the job cuts, coal is not the primary earnings generator for BHP, as iron ore and copper contribute more significantly to profits [5]. Group 4: Investment Perspective - Current commodity prices do not appear low enough to attract investment interest in BHP, with a preference for other ASX dividend shares at this stage [6].
The Smartest Artificial Intelligence (AI) Stocks to Buy With $1,000
The Motley Fool· 2025-09-17 00:35
Investors can start buying shares in several leading artificial intelligence (AI) stocks with a modest sum of just $1,000.One of the most common misconceptions about investing is that you need a significant sum of money to get started. Too often, would-be investors sit on the sidelines, waiting to accumulate what they perceive is "enough" capital before making their first move.The reality is that even a modest investment can provide ownership in some of the world's most influential businesses. With the righ ...
Japan's Exports Fall for Fourth Straight Month Under Weight of Tariffs
WSJ· 2025-09-17 00:35
Japan's exports fell 0.1% in August, declining for a fourth consecutive month as higher U.S. tariffs crimped outbound trade. ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – VFC
Globenewswire· 2025-09-17 00:33
NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of V.F. Corporation (NYSE: VFC) between October 30, 2023 and May 20, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 12, 2025. SO WHAT: If you purchased V.F. Corporation securities during th ...
Record-setting gold is having its best year since the 1970s
Yahoo Finance· 2025-09-17 00:31
Sven Hoppe/picture alliance via Getty Images Gold prices are on track for their best year since 1979. Bullion is up 39% year-to-date, outpacing the stock market's gain. Economic uncertainty and expectations for lower rates are some of what's driving the momentum. Gold bugs are having their best year in decades. That's thanks to bullion's stunning rally in 2025, with the price of gold rising more than 39% to date. That's outpaced gains in stocks, with the S&P 500 up just 12% year-to-date. The big j ...
Why DLocal Stock Topped the Market on Tuesday
The Motley Fool· 2025-09-17 00:31
The company is still impressing investors and professional DLocal-watchers several weeks after its latest quarterly earnings release.Up-and-coming fintech DLocal (DLO 3.28%) emerged a little more on Tuesday, thanks to an analyst's price target increase. Investors seemed to agree with the move, as they bid the stock up by more than 3% on the day. It was up on a slightly down session for equities overall, as the benchmark S&P 500 index slid by 0.1%. A 16% price target boostWell before market open, Citigroup's ...
US consumers feel the heat as early signs of stress surface in credit health
The Economic Times· 2025-09-17 00:30
The credit scoring company reported that the average national FICO score has slipped slightly, raising concerns about household resilience amid shifting economic conditions.The overall score has declined by around two points. While modest, the drop reflects broader shifts in consumer creditworthiness. In 2021, nearly 38.1% of the population held scores in the 600–749 range. By 2025, that proportion had fallen to 33.8%, indicating a narrowing of the middle ground between strong and weak borrowers.The most p ...