ThyssenKrupp Steel Plans to Cut Workforce by Approximately 40%

Thyssenkrupp Steel Europe (TKSE) announced plans to lay off 5,000 employees by 2030 and an additional 6,000 employees through the sale of its commercial activitie...

Market Outlook - Stock Exchange Closes Higher

Foreks - The BIST 100 index closed the day up by 110.07 points at 9,659.96. According to the Foreks News survey, the BIST 100 index was expected to close the day ...

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Market Summary Information

• November 25, 2024

Borsa Istanbul Equity Market

BIST 100 Index Close 9,659.96

BIST 100 Daily Change 110.07

BIST 100 Dai...

RENEWAL - Forte Signs Extension Contract in Ministry of Defense Project

Forte Bilgi İletişim Teknolojileri ve Savunma Sanayi A.Ş., a recently public company, made a significant announcement through the Public Disclosure Platform (KAP)...

NANO Nuclear Stocks Decline Amid $60 Million Private Sale Agreement

Shares of NANO Nuclear Energy dropped by up to 14% on Monday following the announcement of a private sale agreement with three institutional investors. The transa...

Orsted Seeks Buyer for Half Stake in UK's Hornsea 3 Wind Farm - Report

Danish energy company Orsted A/S has initiated the process to sell approximately 50% of its stake in the Hornsea 3 offshore wind farm, one of the largest planned ...

Defense Stocks Decline Amid Israel-Hezbollah Ceasefire News

Investing.com -- Shares of leading defense contractors have experienced a decline as the market reacts to news regarding a potential ceasefire agreement between I...

Health Care Stocks Surge with Trump's Latest Candidates

Investing.com -- Healthcare stocks rose on Monday in response to President Trump's recent candidate announcements, particularly the choice of Marty Makary for the...

Why Scholar Rock Shares Are Soaring

Scholar Rock (NASDAQ:SRRK) shares rose more than 30% on Monday in response to the failure of a competitor's SMA drug in its Phase 3 trial. Truist analysts raised ...

Cassava Shares Plunge 85% as Alzheimer Study Falls Short of Goals

Investing.com -- Cassava Sciences, Inc., a biotechnology company focused on Alzheimer’s disease treatments, announced that its Phase 3 ReThink-ALZ study for the i...

BridgeBio Shares Surge 25% Following Attruby's FDA Approval

BridgeBio Pharma, Inc. (NASDAQ:BBIO) has received approval from the U.S. Food and Drug Administration (FDA) for its oral medication Attruby™ (acoramidis), aimed a...

Hims & Hers Health Soars Amid Potential Links Led by FDA

Investing.com -- Hims & Hers Health, Inc. (NYSE: HIMS) shares rose by as much as 18% on Monday, marking the largest daily increase since November 11. This increas...

Stocks of Vertical Air Taxi Companies Soar with Vertical Aerospace's Financing

On Monday, shares of companies in the air taxi sector experienced a significant increase following news of a new investment in Vertical Aerospace (NYSE: EVTL). Th...

Rumble Shares Surge Following Exclusive Deal with Dr Disrespect

Rumble shares recorded their highest intraday gain since July, rising by up to 17% following the announcement that popular streamer Dr Disrespect would be exclusi...

BofA Projects a 20-30% Reduction in Snowpack at U.S. Ski Resorts by 2050

BofA Global Research reported today that there have been significant changes in snowfall patterns over the past thirty years, with a national decrease of approxim...

Lumber Stocks Rise on Analysts' Price Increase Forecasts

On Monday, lumber and paper stocks saw notable gains as analysts from TD Cowen and Truist highlighted the impact of rising commodity prices and the sector's push ...

Lockheed and Northrop Stocks Decline Amid Israel-Hezbollah Ceasefire Reports

Stocks of leading defense contractors, including Lockheed Martin, Northrop Grumman, and Raytheon Technologies (RTX), experienced declines on Monday. This drop occ...

Peabody's $2.32 Billion Deal for Anglo American's Coal Assets Described as 'Transformative'

Peabody Energy Corporation (NYSE: BTU) has entered into an agreement to acquire coal mines from Anglo American plc for high-quality steel production, aiming to si...

Dick's Sporting Goods Stock Rises Ahead of Earnings on Analyst Optimism

On Monday, shares of Dick's Sporting Goods, Inc. (NYSE: DKS) rose by 4% ahead of the company's third-quarter results for the fiscal year 2024. The company is expe...

Damian Williams Steps Down as U.S. Attorney for the Southern District of New York

On Monday, Damian Williams announced his resignation from the U.S. Attorney's Office for the Southern District of New York. He will step down at 11:59 PM on Decem...

SEC Accuses Former WAMCO Co-CIO Ken Leech of Long-Running Fraud Scheme

WASHINGTON D.C., November 25, 2024 — The Securities and Exchange Commission (SEC) announced charges on Friday against Stephen Kenneth "Ken" Leech, a former co-hea...