BMO Capital Markets analyst Keith Bachman downgraded Adobe Systems Inc. ADBE, +0.40% shares to market perform from outperform Tuesday, though he noted that his ratings change reflected the results of a broader survey on interest in the company’s Creative Cloud suite of software rather than specific concerns about the upcoming quarterly results Adobe is due […]
Shares of Eastman Chemical Co. EMN, +1.30% slumped 3.0% in premarket trading Tuesday, after the specialty chemicals company cut its third-quarter earnings outlook, citing a slowdown in demand and challenging logistics. The company now expects adjusted earnings per share for the quarter through September of approximately $2.00, compared with previous guidance of “solid growth” relative […]
CoinShares’ head of research, James Butterfill, said the outflows come despite “the improved certainty of the Merge.” 2199 Total views 22 Total shares Institutional investors may be wavering ahead of the Ethereum Merge, with Ether (ETH)-based digital asset investment products seeing an outflow of $61.6 million, signaling concerns about the success of the upgrade. In […]
Viavi Solutions Inc. VIAV, +2.52%, a provider of testing and monitoring equipment for networks, announced Tuesday that its board has approved a stock buyback program of up to $300 million. The new program replaces the former $200 million authorization which expires Sept. 30. The Chandler, Ariz.-based company also reaffirmed its first-quarter guidance for revenue of […]
Type: Bearish Drop Key Levels:Resistance: 2.5200Pivot: 2.3944Support: 2.2874 Preferred Case:On the H4, with price moving within the descending trendline and below ichimoku cloud, we have a bearish bias that the price may drop from the pivot at 2.3944, where the current price and 38.2% fibonacci retracement are to the 1st support at 2.2874, which is […]
Type: Bullish Breakout Key Levels:Resistance: 25208.52Pivot: 22511.84Support: 20711.10 Preferred Case:On the H4, with price breaking out of a descending channel and moving above the ichimoku indicator, we have a bullish bias that price will rise to pivot at 22511.84 where the pullback resistance, 61.8% fibonacci retracement and 127.2% fibonacci extension are. Once there is upside […]
The Central Bank of Ireland has today (13 September 2022) confirmed that it continues to exchange old Irish pound notes or coins for euro and has no plans to withdraw this service. Director of Currency at the Central Bank Bernard Sheridan said: “The Central Bank of Ireland offers an exchange service for old Irish pound […]
The Central Bank of Ireland has today (12 September 2022) published the pre-Budget letter sent to the Minister for Finance by Governor Gabriel Makhlouf on 22 July 2022. The letter sets out the challenging and uncertain economic backdrop to Budget 2023. The economy began 2022 with strong momentum as the impact of the pandemic subsided, […]
The Governor of the Central Bank of Ireland, Gabriel Makhlouf, has announced the appointment of James Doherty SC as Chairperson of the Irish Takeover Panel. Mr Doherty’s appointment is effective from today, 12 September, and is for a three-year period in accordance with the provision of the Articles of Association of the Panel. The Irish […]
24% of KBC Bank and Ulster Bank accounts closed since the start of 2022 600,311 accounts were opened in the three main remaining banks in the first eight months of the year Updated figures will be published monthly As part of its ongoing work to supervise the withdrawal of Ulster Bank and KBC Bank from […]