IESC
Ies Holdings Inc
NASDAQ · Construction
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IESC News17 articles
Reliance Industries Faces Dual Catalysts: Russian Crude Shift and Australian Acquisition
Reliance Industries shares are poised for attention as reports indicate Indian refiners are avoiding new Russian crude contracts, while its consumer arm secures a majority stake in Australia's Goodness Group.
UnitedHealth Rallies 3% to Close Volatile Week; Medicare Advantage Outlook in Focus
UnitedHealth shares gained 3% Friday to $276.65, stabilizing after a turbulent period for managed-care stocks. Investors now await earnings from CVS Health and Humana next week for critical updates on Medicare Advantage trends.
Utilities Sector Edges Higher Amid Key Economic Data Watch
The utilities sector posted modest gains last week, underperforming the broader market rally. Investors are focused on upcoming inflation and jobs reports, along with earnings from Duke Energy, which could influence bond yields and sector performance.
National Grid Extends Winning Streak as Rate Cut Hopes Buoy Utilities
National Grid shares rose for a sixth consecutive session, closing near a 52-week high at 1,285p. Investors are eyeing potential Bank of England rate cuts and upcoming UK economic data.
Sembcorp Industries Set to Report FY2025 Results Amid Key Acquisition Focus
Sembcorp Industries shares closed slightly lower at S$6.05 ahead of its FY2025 earnings release on February 25. Investors are eyeing updates on cash flow and its A$6.5 billion Alinta Energy acquisition.
GlobalFoundries Shares Surge Ahead of Q4 Earnings, AI Demand in Focus
GlobalFoundries stock rose 4.7% to $42.91 Friday, buoyed by a broad semiconductor rally and optimism around AI-driven demand ahead of its Feb. 11 earnings report.
STMicroelectronics Rallies into Weekend as Chip Sector Rebounds
STMicroelectronics shares gained 1.16% on Friday, closing at €24.89 in Paris, as semiconductor stocks recovered from an AI-driven selloff. Investors are eyeing upcoming U.S. jobs and inflation data for potential impacts on rate expectations and tech shares.
Sungrow Denies Space Ventures, Shares Dip Ahead of Holiday Closure
Sungrow Power Supply clarified it has no commercial space projects, with shares falling 1.03% to 144.50 yuan. Markets face a shortened trading window before the Spring Festival break.
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.
TE Connectivity Rallies 3.5% Ahead of Key Debt Offering, CPI Data
TE Connectivity shares rebounded Friday, closing up 3.46% at $215.91, though the stock remains down 5% for the week. Investors are focused on the company's $750 million senior notes offering closing Monday and upcoming U.S. inflation data.
Airbus Shares Edge Up Despite Slower January Deliveries, Supply Chain Concerns Persist
Airbus shares gained 0.94% to €191.30 as the company reported 19 aircraft deliveries in January, down from 25 a year earlier. Supply chain bottlenecks remain a key challenge ahead of full-year results.
Reliance Industries Gains on Australian Beverage Acquisition Ahead of Market Reopening
Reliance Industries shares rose 0.5% to 1,450.80 rupees Friday after its consumer unit acquired a majority stake in Australia's Goodness Group Global. The stock remains 10% below its 52-week high.
HSBC Shares Rebound as Bank of England Rate Cut Speculation Intensifies Ahead of Earnings
HSBC shares rose 2.2% on Friday, recovering from the previous session's decline as markets assess potential Bank of England policy easing. Investors await the bank's annual results on February 25.
Utilities Sector Faces Rate Sensitivity Test Amid Upcoming Economic Data
Utility stocks underperformed the broader market rally Friday as investors await key jobs and inflation reports that could pressure the dividend-heavy sector through Treasury yield movements.
Materials Sector Rallies as Copper Hits $5.88, Eyes on Jobs and CPI Data
The materials sector surged Friday, led by miners, with copper rising to $5.88 per pound. Investors now await key labor and inflation reports next week that could impact commodity prices.
Gold Volatility Intensifies as China Extends Buying Streak, CME Raises Margins
China's central bank expanded gold reserves for the 15th consecutive month, while CME Group increased margin requirements amid sharp price swings. Key U.S. economic data delayed to next week.
J&J Stock Rises as Court Disqualifies Talc Litigation Firm, AFib Device Data Released
Johnson & Johnson shares gained 0.9% following a New Jersey appeals court decision to remove Beasley Allen from state talc cases and the release of early 12-month data for its investigational AFib device.