Recent Posts

US business equipment orders decline again

Bloomberg Orders placed with US factories for business equipment declined for a second straight month and shipments matched the biggest drop since 2016, the latest sign the dimmer global growth outlook and trade tensions with China are weighing on companies. The proxy for business investment — bookings for non-military capital goods orders excluding aircraft — fell 0.5% in September after ...

Read More »

Apple receives street-high target at Morgan Stanley

Bloomberg Apple Inc, which saw its shares touch a record high, just earned a new Street-high price target. Morgan Stanley raised its target to $289 a share from $247 a share, the highest among analysts and implying 20% upside from earlier closing price. The bank cited Apple’s upcoming TV+ release next month, contrasting with other brokers who have been less ...

Read More »

Foreign funds coming back to Italy’s debt

Bloomberg Italy is attracting foreign investors to buy its bonds as the new government’s more conciliatory stance towards the European Union on budget issues should reduce the country’s risk premium further, the head of the country’s debt agency said. Speaking at a conference in Milan, Davide Iacovoni said the nation “is no longer under the radar of international investors as ...

Read More »
Send this to a friend