AbbVie Raises 2024 Profit Forecast Amid Surge in Drug Sales

AbbVie Inc. (NYSE:ABBV) has updated its 2024 earnings forecast, citing strong sales of its immunology drugs Skyrizi and Rinvoq, as well as its cancer treatment Im...

Volvo Plans to Acquire Stake in EV Battery Joint Venture

Volvo Cars has announced its intention to acquire a stake in Northvolt, a joint venture focused on battery production for electric vehicles (EVs). This move comes...

Eli Lilly Shares Decline as Drug Sales Fall Short of Expectations

Eli Lilly and Co's shares experienced a significant drop in pre-market trading on Wednesday due to lower-than-expected sales of its weight loss and diabetes drugs...

Apple Unveils MacBook Pro Tailored for Professional Users

Apple (NASDAQ:AAPL) has introduced new versions of the MacBook Pro in an effort to boost laptop sales. These latest models target professional users who require a...

Market Outlook - The Stock Exchange Closed with Buying Momentum

The BIST 100 index closed the day at 9006.55 points, up by 60.75 points. According to the Foreks News survey, the BIST 100 index was expected to close the day wit...

Summary Insights on Market Conditions

Forex -

Market Summary Information

• October 30, 2024 -

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,006.55

BIST 100 Daily Change 60.76

BIST 100 D...

A New Era Begins in Rental Agreements

Minister of Treasury and Finance Mehmet Şimşek announced that they are working on a new system that includes radical changes in rental contracts. This system, whi...

Galatasaray's Contract Amendment Approved by CMB

Galatasaray Sportif Sınai ve Ticari Yatırımlar A.Ş. (GSRAY) has received approval from the Capital Markets Board (CMB) for its planned amendment to the corporate ...

Inflation and Unemployment in Germany Surprise with Spike in October

Germany's inflation for October was reported at 2.4%. This figure surpassed the European Central Bank's target of 2%, creating a surprise. The German economy, whi...

U.S. Mediators Working on 60-Day Ceasefire Proposal Between Israel and Hezbollah

Forex - The American news agency Reuters has reported that U.S. mediators are working on a proposal for a 60-day ceasefire between Israel and Hezbollah. According...

Leonardo DRS Earnings Beat Expectations at $0.02, Profit Exceeds Forecasts

According to Leonardo DRS's report for the third quarter, earnings per share were $0.24, beating analysts' expectations of $0.22 by $0.02. The reported revenue fo...

Eve Secures $50 Million Loan from Citi for eVTOL Development

Brazilian aviation company Embraer's electric aircraft subsidiary, Eve, has secured a $50 million loan from Citibank. This financing aims to strengthen the compan...

Martin Marietta Lowers Sales Forecast Due to Weather Conditions

Leading building materials supplier Martin Marietta Materials Inc. has revised its annual sales forecast downward due to severe weather conditions affecting its o...

China Calls for Ceasefire in the Middle East

China has urgently called on the United Nations Security Council (UNSC) to take action to achieve a ceasefire in the Middle East, prevent loss of lives, and resto...

Humana Raises Full-Year Profit Forecast with Medicare Gains

Humana Inc. surpassed Wall Street's third-quarter profit expectations thanks to higher-than-expected earnings from its Medicare Advantage insurance plans. The hea...

Decline in Kraft Heinz's Quarterly Revenue

Kraft Heinz Co (NASDAQ:KHC) experienced a sharper-than-expected decline in quarterly revenues as consumers favored more affordable private label meal kits and sna...

Estée Lauder Appoints Stéphane de La Faverie as CEO

Estee Lauder announced that it has appointed Stephane de La Faverie as its new CEO, effective January 1, 2025. The company is facing a decline in demand for cosme...

No Price Hike for Electricity and Natural Gas in January

Energy and Natural Resources Minister Bayraktar made statements regarding the recent claims about electricity and natural gas price increases. He asserted that th...

GE HealthCare Raises Profit Forecast Amid Strong U.S. Medical Device Sales

GE HealthCare (NASDAQ:GEHC) Technologies announced on Wednesday that it exceeded third-quarter profit expectations, attributing this success to strong demand for ...

Aksa Natural Gas Increases Investment Amount by 30.7% in the First Half of 2024 Compared to the Previous Year

Foreks - Aksa Natural Gas is maintaining its industry leadership by increasing investments by 30% in the first half of 2024 compared to the same period last year,...

A New Era of IMKTS Begins in the Construction Chemicals Industry

Foreks - Turkey İMSAD continues its work on the "Construction Materials Quality Monitoring System" (İMKTS) with a protocol signed with 14 construction chemicals m...