Honeywell Stock Rises as It Considers Aerospace Spinoff
Honeywell's latest update on its ongoing portfolio review said the company was considering spinning off its aerospace business.
Honeywell's latest update on its ongoing portfolio review said the company was considering spinning off its aerospace business.
Palantir Technologies, MicroStrategy, and Axon Enterprise are set to join the Nasdaq 100 Index on Monday, Dec. 23, replacing Super Micro Computer, Moderna, and Illumina.
SANT'AGATA BOLOGNESE, Italy (Reuters) -Italy's Lamborghini will always make cars in Italy as it plans to launch its first electric model only in 2029, amid a market for luxury sports cars which is not ripe for full electrification, CEO Stephan Winkelmann said on Monday. Lamborghini, a unit of Volkswagen, had previously said its first EV was due in 2028. Lamborghini from this year has an entire hybrid three-model line-up, with the new version of Urus SE SUV, the Revuelto sports car and the new Temerario sports car, presented during the summer and which has a price of over 300,000 euros ($315,000), excluding value-added tax.
(Bloomberg) -- TCW Group Inc. is launching a real estate debt strategy as it seeks to grow its alternatives business and compete with other money managers moving into the $1.6 trillion private credit industry.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe firm, which oversees more than $200 billion, will provide privately arranged debt to borrowers for core real estate
Wedbush again raised its price target on Tesla stock on expectations the new Trump administration will give the EV maker's self-driving and artificial intelligence efforts a boost.
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Worthington Enterprises, Inc. (NYSE:WOR) will release earnings for its second quarter, after the closing bell on Tuesday, Dec. 17. Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 52 cents per share, down from 78 cents per share in the year-ago period. Worthington projects to report quarterly revenue of $273.77 million, compared to $1.09 billion a year earlier, according to data from Benzinga Pro. On Sept. 24, Worthington posted weaker-than-expected result for its
Nomura not only identified it perceived to be the tail risks — that is, surprises in either direction — for markets in 2025 but also asked ChatGPT to do so.