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CS News7 articles
Marriott Shares Surge on Robust Luxury Travel and Credit Card Fee Projections
Marriott International stock climbed 8.5% to $359.35, nearing a record high, after forecasting a 35% rise in co-branded credit card fees and steady luxury demand. Hotel peers Hilton and Hyatt also advanced.
ANZ Shares Drop Ahead of Key Earnings, Focus on Margins and Credit
ANZ shares fell 2.4% to A$36.71 as investors await the bank's first-quarter update Thursday and Commonwealth Bank's results Wednesday. Traders are scrutinizing net interest margins and potential credit stress.
UniCredit Shares Soar on Ambitious Profit Goals and Enhanced Shareholder Returns
UniCredit's stock surged over 6% after the bank lifted its profit targets and committed to returning €30 billion to investors via dividends and buybacks over three years.
AbbVie Gains on Moody's Credit Upgrade, Focus Shifts to Immunology Portfolio
AbbVie shares rose 2% to $223.43 after Moody's upgraded its credit rating to A2 with a stable outlook. Investors now watch demand and pricing for Skyrizi and Rinvoq amid Humira competition.
NXP Secures $3B Credit Facility as Chip Sector Rallies on AI Spending
NXP Semiconductors amended a $3 billion revolving credit line with Barclays, maturing in 2031, while the broader chip sector surged on AI investment signals from major tech firms.
AbbVie Shares Gain 2% to Close Near $223 Amid Earnings Volatility, Credit Upgrade
AbbVie stock rose 2% Friday, ending a turbulent week marked by earnings scrutiny and a Moody's credit rating upgrade. Investors remain focused on Skyrizi and Rinvoq growth amid competitive pressures.
SK Hynix Shares Dip Amid Tech Sell-Off Despite S&P Credit Upgrade
SK Hynix shares declined 0.36% to 839,000 won on Friday, extending a weekly loss of 8% as Asian tech stocks retreated, even after S&P upgraded its credit rating to BBB+ with a positive outlook.