Category: 3. Business

  • India stocks set to open higher on US government reopening hopes, earnings optimism – Reuters

    1. India stocks set to open higher on US government reopening hopes, earnings optimism  Reuters
    2. Sensex, Nifty Seen Flat To Tad Higher At Open  Nasdaq
    3. Lenskart listing, Infosys buyback and FII trends among 7 factors to steer markets this week  MSN
    4. Stock market outlook for the week: Inflation, corporate earnings and more in focus; key factors to look o  Times of India
    5. Stocks To Watch Today: SJVN, Swiggy, ONGC, Apollo Tyres, Ashok Leyland And More  NDTV Profit

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  • Chinese vice premier to visit Guinea, Sierra Leone, attend inauguration of Simandou mine as Xi’s special representative

    Chinese vice premier to visit Guinea, Sierra Leone, attend inauguration of Simandou mine as Xi’s special representative

    BEIJING, Nov. 10 — Chinese Vice Premier Liu Guozhong will visit Guinea and Sierra Leone from Nov. 10 to 16, a Chinese foreign ministry spokesperson announced on Monday.

    Liu, also a member of the Political Bureau of the Communist Party of China Central Committee, will pay the visits at the invitation of the governments of Guinea and Sierra Leone, said the spokesperson.

    At the invitation of Guinean President Mamadi Doumbouya, Liu will also attend the inauguration of the Simandou iron ore mine project on Nov. 11 as President Xi Jinping’s special representative, said the spokesperson.

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  • Dow Jones Top Company Headlines at 9 PM ET: Israeli Spyware Maker NSO Gets New Owners, Leadership and Seeks to Mend Reputation | Visa, …

    Dow Jones Top Company Headlines at 9 PM ET: Israeli Spyware Maker NSO Gets New Owners, Leadership and Seeks to Mend Reputation | Visa, …

    Israeli Spyware Maker NSO Gets New Owners, Leadership and Seeks to Mend Reputation

    Investors led by Hollywood producer Robert Simonds have taken a controlling stake in the company behind Pegasus, and former Trump official David Friedman has been named executive chairman.

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    Visa, Mastercard Near Deal With Merchants That Would Change Rewards Landscape

    The deal under discussion would lower credit-card interchange fees for merchants, but could make it harder for consumers to use rewards cards at the register.

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    FAA Orders Grounding of MD-11 Planes After Kentucky Crash

    UPS and FedEx had earlier removed cargo planes from service as the death toll in Louisville climbs to 14.

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    BBC Director General and News Chief Resign After Criticism of Editorial Practices

    Tim Davie and Deborah Turness are leaving the news organization following criticism over the editing of remarks by President Trump that were included in a documentary program.

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    Pfizer and Metsera Reach Deal Expected to Top $10 Billion

    Pfizer prevailed over Novo Nordisk after an unusual bidding war for the weight-loss startup.

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    Why Car Insurers Are Under Pressure to Cut Rates

    Car insurers have been bracing for the fallout from a trade war, but it’s a price war they should be more worried about.

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    Disney-YouTube TV Blackout Has Customers Scrambling and Getting Creative

    Fans of football and ‘Dancing With the Stars’ are hooking up antennas to stay tuned in.

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    Riding in a Chinese Robotaxi Is Pretty Smooth-That’s a Problem for Waymo

    While U.S. companies dominate their home market, other countries are looking to China for driverless technology.

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    Samsung Wants to Launch a U.S. Credit Card and Challenge Apple in Consumer Finance

    The South Korean tech giant and Barclays are in advanced talks to launch a credit card, with both seeking bigger inroads into Americans’ financial lives.

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    Affirm Eyes Card Payments as Next Era of Buy Now, Pay Later

    Buy now, pay later companies like Affirm are aiming to compete more closely with credit-card companies.

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    Sony and CBS Settle ‘Wheel of Fortune’ and ‘Jeopardy!’ Fight

    Sony Pictures Television will take over distribution of the two shows from CBS starting with international sales later this year, followed by domestic sales to local TV stations in the fall of 2028.

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    KKR Defied Private-Equity Fundraising Slump in the Third Quarter

    The private-markets managers leaders sought to counter the gloomy headlines that have dampened the mood of many private-equity investors.

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    Six Flags Mulling Park Sales After Revenue Drops

    Six Flags reported lower third-quarter revenue and said its efforts to grow demand were unsuccessful in the quarter.

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    Brookfield Sees Strong Fundraising Ahead on Heels of Banking $30 Billion

    The infrastructure investor is shopping for capital for its first strategy dedicated to artificial intelligence.

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    First Brands Wins Approval to Tap Bankruptcy Loan to Fund Operations

    A bankruptcy judge in Houston authorized the auto-parts supplier access to $600 million in a loan to continue funding its business.

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    Wendy’s to Close Hundreds of Stores

    Wendy’s logged lower sales and profit for the third quarter as consumers continue to cut their spending at restaurants.

    (END) Dow Jones Newswires

    November 09, 2025 21:15 ET (02:15 GMT)

    Copyright (c) 2025 Dow Jones & Company, Inc.

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  • Stock market today: live updates

    Stock market today: live updates

    Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City.

    Spencer Platt | Getty Images

    Stock futures rose after lawmakers neared a deal to end the historic U.S. government shutdown.  

    S&P 500 futures gained 0.6% and futures tied to the Dow Jones Industrial Average added 79 points, or 0.17%. Nasdaq-100 futures were trading 1% higher.

    Investors continue to monitor lawmakers’ negotiations to pass a federal funding bill that would end a shutdown that’s dragged on for 39 days.

    A deal being discussed on Sunday would reopen the government into January and reverse some of the recent mass federal layoffs. People familiar with the situation told CNBC that enough Democratic senators had agreed to vote for the deal to clear a 60-vote minimum threshold. The Senate may vote on the deal as early as Sunday evening, which if passed would have to be approved by the House of Representatives and signed into law before the shutdown could end.

    The deal being discussed also includes future protections for government workers. The potential agreement does not include an extension of ACA credits, a key sticking point for most Democrats, but it would call for a vote on the subsidies in December.

    Concerns over the shutdown have driven consumer sentiment to its lowest level in more than three years, just above its worst-ever, according to a University of Michigan survey released on Friday. Due to the closure, federal agencies are no longer releasing many key economic reports, including the Consumer Price Index and Producer Price Index, which were scheduled for release this week.

    The shutdown has added to angst in the stock market, which is coming off a rough week because of mounting concerns over too-high valuations in stocks tied to artificial intelligence. The Nasdaq Composite posted its worst week since the tariff-driven selloff in April, losing 3%. The S&P 500 lost 1.6% and the Dow Jones Industrial average shed 1.2% for the weeek.

    Investors will get a look at a handful of earnings reports this week, including Walt Disney’s quarterly results on Thursday.

    “A risk-off rally on tech AI stalwart names such as Microsoft, Palantir, Nvidia among others has put some near-term concern in this tech bull market,” Wedbush analyst Dan Ives said Sunday in a note to clients.

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  • CVC Capital Partners brings in bankers for $5b joint bid for AUB – AFR

    CVC Capital Partners brings in bankers for $5b joint bid for AUB – AFR

    1. CVC Capital Partners brings in bankers for $5b joint bid for AUB  AFR
    2. AUB Group says agreed to permit EQT to form consortium  MarketScreener
    3. New supporter joins in takeover talks for this insurance major  The Motley Fool Australia
    4. AUB Group in Focus as EQT Reconfirms Its Approach ASX 200  Kalkine Media
    5. CVC joins EQT’s bid for AUB Group  InsuranceAsia News

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  • Honda’s Challenges to Realize Dreams | Honda CEO Toshihiro Mibe’s Message Behind the Japan Mobility Show 2025 | Honda Stories

    Honda’s Challenges to Realize Dreams | Honda CEO Toshihiro Mibe’s Message Behind the Japan Mobility Show 2025 | Honda Stories

    The Honda 0 Series is the next-generation series of EVs that Honda will offer by going back to the starting point of Honda as an automaker and creating new EVs from “zero” based original ideas. With the unique development approach of “Thin, Light, and Wise.”, Honda 0 Series will defy existing conventions that EVs are “thick and heavy” and create completely new value.

    Among the two exhibited prototypes—the Honda 0 Saloon, the flagship model of the Honda 0 Series that combines a low overall height with a sporty style and a spacious interior, and the Honda 0 SUV, which applies the unique development approach to an SUV, achieving an open view and a spacious interior with high freedom—Honda unveiled the world premiere of a new SUV joining the Honda 0 Series, the Honda 0 α (Alpha) Prototype made its world debut, combining the sleek, sophisticated design unique to the Honda 0 Series with original proportions expressing SUV-like strength, harmonizing beautifully with both urban and natural environments. This people-oriented model was presented as the gateway to the 0 Series worldview, expressing Honda’s ambition to deliver new value to customers.

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  • Honda Motor Shares Fall After Guidance Cut

    Honda Motor Shares Fall After Guidance Cut

    By Kosaku Narioka

    Honda Motor shares fell after it cut its fiscal-year earnings guidance on weaker car sales in Asia and a nearly $1 billion drag due to shortage of chips from Dutch supplier Nexperia.

    Shares were recently 4.8% lower at 1,509.0 yen on Monday in Tokyo after falling as much as 5.2% earlier. The benchmark Nikkei Stock Average was recently 0.8% higher.

    The Japanese automaker said after Friday's market close that it projected revenue to decline 4.6% to Y20.700 trillion, equivalent to $134.92 billion, and net profit to fall 64% to Y300.00 billion for the fiscal year ending March 2026. It previously projected revenue of Y21.100 trillion and net profit of Y420.00 billion.

    Honda cut its annual car sales forecast, citing slumping sales in Asia and the chip crunch amid a dispute between the Dutch and Chinese governments over control of the semiconductor maker.

    Honda now expects group car sales of 3.34 million units this fiscal year, down from 3.62 million units forecast earlier. Sales fell 5.6% to 1.68 million vehicles for the six months ended Sept. 30.

    Executive Vice President Noriya Kaihara said that demand is weaker in some Southeast Asian nations and competition is intensifying in countries like Thailand as rival carmakers offer sales incentives and lower auto prices to compete with emerging Chinese players.

    Honda expects the chip shortage to weigh on annual operating profit by Y150.0 billion. Kaihara said the carmaker is working to restore production in the week of Nov. 21, as shipments of Nexperia chips from China appeared to be resuming.

    Write to Kosaku Narioka at kosaku.narioka@wsj.com

    (END) Dow Jones Newswires

    November 09, 2025 20:29 ET (01:29 GMT)

    Copyright (c) 2025 Dow Jones & Company, Inc.

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  • Strong Q3 Results and $500 Million Buyback Might Change the Case for Investing in AvalonBay (AVB)

    Strong Q3 Results and $500 Million Buyback Might Change the Case for Investing in AvalonBay (AVB)

    • In late October 2025, AvalonBay Communities announced strong third quarter results with year-over-year growth in revenue and net income, confirmed new earnings guidance for the remainder of the year, and launched a new US$500 million share repurchase program with no set expiration.

    • The combination of robust operating performance, updated forward-looking expectations, and a fresh share buyback authorization highlights management’s confidence in the company’s financial health and long-term outlook.

    • To assess what this means for investors, we’ll examine how the new US$500 million repurchase plan influences AvalonBay’s investment narrative moving forward.

    Outshine the giants: these 25 early-stage AI stocks could fund your retirement.

    AvalonBay Communities is for investors who believe in the resilience of high-barrier coastal and urban apartment markets, supported by long-term housing undersupply and demographic trends favoring renting. The launch of a new US$500 million share buyback comes alongside steady revenue and net income growth, but it does not materially alter the primary short-term catalyst of new project lease-ups or shift the central risk from regional job market softness affecting apartment demand and rental pricing.

    Among recent announcements, the confirmed full-year 2025 earnings guidance of US$7.35 to US$7.55 per share stands out as most pertinent. This forward-looking clarity helps set expectations as AvalonBay manages its apartment deliveries and assesses leasing velocity in select markets, which remains a key catalyst for future earnings growth.

    Yet, in contrast to management’s confident moves, investors should also be aware of the potential impact of a slower-than-anticipated recovery in job growth, especially if…

    Read the full narrative on AvalonBay Communities (it’s free!)

    AvalonBay Communities is projected to reach $3.5 billion in revenue and $913.6 million in earnings by 2028. This outlook assumes a 5.5% annual revenue growth rate, but forecasts a decrease in earnings of around $286 million from the current $1.2 billion.

    Uncover how AvalonBay Communities’ forecasts yield a $216.48 fair value, a 22% upside to its current price.

    AVB Community Fair Values as at Nov 2025

    Four Simply Wall St Community fair value estimates range from US$215 to US$321, highlighting wide differences in individual outlooks. With job market growth uncertainty still looming as a risk, you can find a variety of perspectives on AvalonBay’s future performance by exploring these community viewpoints.

    Explore 4 other fair value estimates on AvalonBay Communities – why the stock might be worth as much as 81% more than the current price!

    Disagree with existing narratives? Create your own in under 3 minutes – extraordinary investment returns rarely come from following the herd.

    Markets shift fast. These stocks won’t stay hidden for long. Get the list while it matters:

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include AVB.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • Evaluating Current Valuation Following Recent Share Price Movements

    Evaluating Current Valuation Following Recent Share Price Movements

    Valvoline (VVV) shares have edged up slightly in the past day, despite experiencing a dip of 5% over the past month. Investors watching recent price movement may notice the stock is still down 26% from a year ago.

    See our latest analysis for Valvoline.

    Valvoline’s share price has trended lower over the past year, with short-term slips in recent weeks hinting at softer momentum. Its five-year total shareholder return remains solidly positive. That dip may reflect shifting expectations about growth or perceived risks, even as the company’s long-term profile stays resilient.

    If you’re wondering what else is on the move, now’s the perfect time to broaden your horizons and discover fast growing stocks with high insider ownership

    The big question for investors now is this: with Valvoline’s recent pullback, are shares trading at an attractive discount, or is the market simply factoring in all expected growth ahead?

    Valvoline’s last close at $31.56 stands notably below the narrative’s fair value of $44.12, highlighting a significant gap in expectations. The market’s caution contrasts with bold assumptions about strategic growth and recovery.

    Aggressive store expansion through both company-owned and franchise models, along with ongoing acquisition of independent operators, is increasing Valvoline’s geographic reach and service capacity. This serves as a forward-looking catalyst for topline revenue growth and improved return on invested capital.

    Read the complete narrative.

    Curious what numbers are fueling this big valuation gap? There is more behind these analyst projections than just store growth. Uncover the surprising financial moves and profit expectations that drive this narrative’s price target.

    Result: Fair Value of $44.12 (UNDERVALUED)

    Have a read of the narrative in full and understand what’s behind the forecasts.

    However, risks remain, including the rapid shift toward electric vehicles and increasing labor costs. These factors could threaten Valvoline’s long-term growth outlook.

    Find out about the key risks to this Valvoline narrative.

    Looking instead at the price-to-earnings ratio, Valvoline appears pricier than its peers. Its P/E sits at 14.4x compared to the peer average of just 9.5x. This is also higher than the fair ratio of 13.6x that the market could ultimately move toward. This gap reflects greater downside risk if sentiment changes. Could the market be overlooking something, or is this premium justified?

    See what the numbers say about this price — find out in our valuation breakdown.

    NYSE:VVV PE Ratio as at Nov 2025

    If you want to dig deeper or would rather form your own perspective, exploring the data and crafting a narrative is just a few minutes away. So why not Do it your way

    A great starting point for your Valvoline research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.

    Put your portfolio ahead of the crowd by moving beyond the obvious. Smart investors constantly scan for overlooked winners and trends before they hit the headlines.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include VVV.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • Too early to fret about tech pullback?

    Too early to fret about tech pullback?

    Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City.

    Spencer Platt | Getty Images

    November is historically the best month for the S&P 500, which gains an average of 1.8% during the period, according to the Stock Trader's Almanac.

    But the first full trading week of the month saw stocks caught in November rains.

    The S&P 500 and Dow Jones Industrial Average each lost more than 1%, while the Nasdaq Composite shed around 3% — that's its largest weekly loss since the tech-heavy index slumped 10% in the week ended April 4.

    A few months ago, tariffs were the shadows that stalked stocks. Now, it's fears that artificial intelligence-related stocks are trading at prices disconnected from what the firms are actually worth.

    "You've got trillions of dollars tied up in seven stocks, for example. So, it's inevitable, with that kind of concentration, that there will be a worry about, 'You know, when will this bubble burst?'" CEO of DBS, Southeast Asia's largest bank, Tan Su Shan told CNBC.

    Goldman Sachs' CEO David Solomon also thinks choppy waters might be ahead.

    "It's likely there'll be a 10 to 20% drawdown in equity markets sometime in the next 12 to 24 months," Solomon said Tuesday at the Global Financial Leaders' Investment Summit in Hong Kong.

    That said, a pullback isn't necessarily bad for stocks. It could even present "buying opportunities" for investors, according to Glen Smith, chief investment officer at GDS Wealth Management.

    After all, earnings have been "reassuring" despite worries about tech stocks' high valuations, Kiran Ganesh, multi-asset strategist at UBS, told CNBC. That means the rain might not last and the rally could find a way to run a little longer.

    — CNBC's Lee Ying Shan, Hugh Leask and Lim Hui Jie contributed to this report.

    What you need to know today

    Major U.S. index were mixed Friday stateside. The S&P 500 and Dow Jones Industrial Average inched up more than 0.1%, but the Nasdaq Composite closed 0.21% lower. The pan-European Stoxx 600 lost 0.55%. U.S. futures rose Sunday evening stateside.

    China consumer prices pick up in October. The consumer price index, released Sunday, showed a 0.2% growth year on year. It beats analysts' expectations of zero growth and is the first month since June that prices rose.

    U.S. government on track to end shutdown. Enough Democratic senators had agreed to vote for a deal that would fund the U.S. government through the end of January, a person familiar with the deal told CNBC.

    Another missed jobs report. The ongoing U.S. government shutdown — which is now the longest ever — means the Bureau of Labor Statistics couldn't release its monthly employment data. Here's what economists would have expected the report to show.

    [PRO] Stocks that could bounce after sell-off. Using CNBC Pro's stock screener tool, we found several names that are oversold, according to their 14-day relative strength index. This implies they could be due for a recovery in prices.

    And finally...

    Fluxfactory | E+ | Getty Images

    A global wealth boom is fueling a rise in family office imposters

    Fundraisers and fraudsters are presenting themselves as family office representatives, seeking to dupe gullible investors — and then there are also imposters who are in it just for an "ego boost," several industry veterans told CNBC.

    An information vacuum seems to have encouraged imposters. In many markets, genuine single family offices, or SFOs, are exempt from registering so long as they manage only family money. That privacy norm often makes verification hard, said industry experts.

    Lee Ying Shan


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