{
}
Moody’s Ratings has downgraded Mexico’s credit outlook from stable to negative, citing concerns that recent constitutional changes could harm the economy. The agency maintained Mexico’s rating at Baa2, two notches above junk, while highlighting challenges in fiscal consolidation due to worsening debt affordability and a projected wider deficit in 2024.
Berkshire Hathaway Inc. has acquired approximately 1.3 million shares in Domino’s Pizza, representing a 3.6% stake valued at around $550 million, as Chairman Warren Buffett reduced some long-held investments. The stock of both Domino’s and Pool Corp. surged in late New York trading following the announcement.
Warren Buffett's Berkshire Hathaway acquired over 1.2 million shares of Domino's Pizza, valued at approximately $550 million, while also taking a small stake in Pool Corp worth $152 million. The investment in Domino's follows disappointing sales growth, with shares rising over 8% post-announcement. Conversely, Berkshire nearly sold off its stake in Ulta, reducing its holdings by 97% after a lackluster performance.
Deflation has emerged in various sectors, with prices for physical goods like appliances, clothing, and new cars declining since October 2023. The consumer price index indicates a 1% drop in core goods, driven by normalized supply chains and a strong U.S. dollar. Energy prices, including gasoline, have also significantly decreased, contributing to lower costs in other areas, while food prices are influenced by unique supply-demand dynamics.
Ben & Jerry's has filed a lawsuit against parent company Unilever, claiming it has been silenced over its support for Palestinian refugees and other social issues. The ice cream brand alleges that Unilever breached a 2022 settlement by blocking its attempts to advocate for peace and human rights, while Unilever disputes these claims and emphasizes its commitment to all victims of the conflict. Tensions between the two have escalated since Ben & Jerry's decision to stop selling in the Israeli-occupied West Bank in 2021.
New York's upcoming art auction week, featuring Christie’s, Sotheby’s, and Phillips, aims to sell approximately $1.5 billion in art. The market's dynamics may be more influenced by sellers' confidence than by the number of bidders, as noted by Alex Rotter of Christie’s, highlighting a marketplace not driven by necessity.
Sotheby’s has agreed to pay $6 million to resolve a probe into sales tax evasion in New York. The settlement comes amid scrutiny of the auction house's tax practices, highlighting ongoing concerns regarding compliance with state tax regulations.
Blackstone is negotiating to acquire a 20% stake in Haldiram's, valuing the snacks business at $8 billion, despite Haldiram's seeking a $12 billion valuation. The firm previously aimed for a majority stake but shifted focus as Haldiram's is now reluctant to sell a larger share.
UBS has successfully completed the initial phase of integrating Credit Suisse, exceeding its timeline with a net profit of $1.4 billion and a target of $13 billion in savings by 2026. However, the challenging client migration phase looms, with risks of technical issues and customer dissatisfaction as UBS prepares to transition 1.3 million CS customers to its platform. Political scrutiny and potential capital requirements could further complicate the integration process.
UBS reported a pre-tax profit of $1.9 billion and a net profit of $1.4 billion in Q3, surpassing analyst expectations despite ongoing integration costs from the Credit Suisse acquisition. The bank is on track to save $7.5 billion this year but anticipates slower cost reductions ahead as it migrates CS clients, with the most challenging phase of integration expected to last 18 months. Concerns over future capitalization requirements are also looming, as UBS faces potential demands for increased equity backing.
U
Companies
U / nyse
Unity Software
Content of tab #2
Unity Software
California-based Unity Software Inc. is a video game software development company. The platform provides software solutions to create and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
Sector
technology
Industry
Software
CEO
Matthew Bromberg
Employees
6748
Website
Address
30 3rd Street, San Francisco, CA, 94103-3104, US
MachinaScore
1
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
24.09$ (-12.81% Upside)
24.09$ (-12.81% Upside)
Blogger Sentiment
Bullish
U Sentiment 62%
Hedge Fund Trend
Very Negative
By -4.74M Shares Last Quarter.
Insider Transactions
Very Negative
Worth -17.46M over the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days
0%
Last 30 Days 0.01%
Last 30 Days 0.01%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.61
Trailing 12-Months
Fundamentals
Return on Equity
-24.72
Trailing 12-Months
Asset Growth
-9.42
Trailing 12-Months
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
moody's lowers mexico's credit outlook amid constitutional changes and fiscal challenges
23:03 14.11.2024
berkshire hathaway invests in dominos pizza and pool corp shares
22:41 14.11.2024
Berkshire Hathaway invests in Domino's Pizza and Pool Corp while selling Ulta
p
u
i
S
.
{
n
:
,
P
D
s
t
B
H
z
U
]
e
y
a
k
h
l
w
r
"
[
}
m
C
o
c
USA
Warren Buffett
Todd Combs
Ted Weschler
Show more
22:16 14.11.2024
deflation trends in the us economy as prices decline for household goods
Chinese Yuan
United States Dollar
B
u
i
S
{
U
]
e
n
y
a
:
k
,
f
A
M
r
"
[
}
m
d
s
o
c
t
Mark Zandi
Stephen Brown
Donald Trump
Show more
18:04 14.11.2024
ben and jerrys sues unilever over silencing stance on gaza conflict
B
u
S
i
{
U
G
]
e
n
y
a
J
:
l
,
r
"
[
}
m
v
s
o
c
&
t
USA
GBR
ISR
Ben Cohen
Peter ter Kulve
Jerry Greenfield
Show more
16:42 14.11.2024
new york art auction week showcases brave sellers in a shifting market
15:50 14.11.2024
Sotheby's agrees to six million dollar settlement in tax evasion case
15:15 14.11.2024
blackstone seeks 20 percent stake in haldiram's at eight billion valuation
12:17 14.11.2024
UBS faces challenges ahead in Credit Suisse integration marathon
Swiss Franc
United States Dollar
u
t
[
y
C
d
s
m
r
e
}
,
c
{
B
"
i
S
U
:
]
a
o
n
H
CHE
Sergio Ermotti
Karin Keller-Sutter
Show more
17:01 30.10.2024
UBS reports strong third quarter profit amid Credit Suisse integration challenges
Swiss Franc
Euro
United States Dollar
u
t
[
y
C
d
s
m
r
e
}
,
c
{
B
"
i
S
U
:
]
a
o
n
H
CHE
Joe Biden
Sergio Ermotti
Show more
06:51 30.10.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Stock Market Updates
Supply Chain Management
Industry Mergers & Acquisitions
Government Economic Policies
Fintech Startups
Private Equity Deals
Venture Capital Investments
Funding Rounds & Investments
CEO Changes
AI Applications
AI Innovations
Economic Indicators
Emerging Startups
Corporate Social Responsibility
Inflation and Monetary Impact
Countries:
Companies:
Apple Inc.
NVIDIA Corp
Grab2Go AS
Google Inc.
OLA ELECTRIC MOBILITY LTD
Tesmec S.p.A.
Amazon.com, Inc.
Microsoft Corporation
EFG Hermes Egypt
Broadcom Inc.
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
XIAOMI-W
Tesla, Inc.
LG CNS
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
SK hynix Inc.
OpenAI ERC USD
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
South Korean Won
Pakistani Rupee
Saudi Riyal
Egyptian Pound
Qatari Riyal
Brazilian Real
Indonesian Rupiah
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
Malaysian Ringgit
Swiss Franc
New Zealand Dollar
People: