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Argentina risk index breaks below 1,000-point barrier as markets cheer

UPDATE 1-Argentina risk index breaks below 1,000-point barrier as markets cheer Adds details, analyst quotes, graphic By Walter Bianchi BUENOS AIRES, Oct 25 (Reuters) - Argentina's closely-watched country risk index, a reflection of how investors view the country's debt, broke below a key level of 1,000 basis points on Friday, the lowest in at least four years as markets cheer libertarian President Javier Milei.
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Digital Realty surges to record high on strong AI leasing

BUZZ-Digital Realty surges to record high on strong AI leasing Updates stock activity ** Digital Realty's DLR.N shares surge as much as 17.4% early Fri to record high of $193.88 after Q3 report signals artificial intelligence (AI) demand for data centers continues ** DLR last up 15.7% at $191.02 and top S&P 500 .SPX gainer. Stock on course for biggest daily pct gain since 2008 ** Regarding leasing activity in Q3, real estate investment trust (REIT) late Thurs said signed total bookings of $521 m
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Digital Realty surges, set to hit record high on strong AI leasing

BUZZ-Digital Realty surges, set to hit record high on strong AI leasing ** Digital Realty's DLR.N shares up 10.3% premarket to $182.15 after Q3 report signals artificial intelligence (AI) demand for data centers continues ** DLR set to open at a record high Stock's prior all-time intraday high is $178.22 hit in Dec 2021 ** Regarding leasing activity in Q3, co late Thurs said signed total bookings of $521 mln of new annualized rental rev ** Jefferies, which rates DLR "buy", raises PT by $15 to $2
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with global GDP forecast from Citigroup; U.S., global, euro area, India GDP forecasts from UBS Global Research; Goldman Sachs' India GDP forecast and HSBC's S&P 500 year-end forecast Oct 25 (Reuters) - The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept.
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Brokerages cut PT on Teck Resources after dour production forecast

BUZZ-Brokerages cut PT on Teck Resources after dour production forecast ** Several brokerages cut PT on Teck Resources TECKb.TO ** J.P.Morgan trims to C$76 from C$78; says next few quarters will likely be lumpy with 1Q25 production expected to face weaker grades or additional downtime to optimize equipment before conditions start improving later in
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Bankers see tepid investments due to uncertainty over US elections, geopolitics

RPT-Bankers see tepid investments due to uncertainty over US elections, geopolitics Repeats story first published on Thursday By Nupur Anand and Pete Schroeder WASHINGTON, Oct 24 (Reuters) - Questions about the direction of the United States and wars in Ukraine and the Middle East are making investors cautious, bank executives gathered in Washington said.
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Bankers see tepid investments due to uncertainty over US elections, geopolitics

RPT-Bankers see tepid investments due to uncertainty over US elections, geopolitics Repeats story first published on Thursday By Nupur Anand and Pete Schroeder WASHINGTON, Oct 24 (Reuters) - Questions about the direction of the United States and wars in Ukraine and the Middle East are making investors cautious, bank executives gathered in Washington said.
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SCA shares jump after Q3 EBITDA beat

BUZZ-SCA shares jump after Q3 EBITDA beat ** Shares in Svenska Cellulosa SCAb.ST rise 6.4% after the Swedish forestry firm posted higher-than-expected Q3 profits ** SCA reports EBITDA of SEK 2,010 million ($190.1 million), which exceeds the SEK 1,880 million estimate seen in a company-compiled consensus ** "Maintenance shutdown costs are slightly h
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Q3 beat drives Schibsted shares to nearly three-year high

BUZZ-Q3 beat drives Schibsted shares to nearly three-year high ** Shares in Schibsted SCHA.OL rise more than 9% after the Norwegian media group posted a beat on Q3 EBIDTA line ** It reported core earnings at NOK 670 mln ($61.21 million), above LSEG estimates at NOK 537 mln, as it says its cost cutting measures are on track and it will accelerate it
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Yara shares jump after Q3 beat

BUZZ-Yara shares jump after Q3 beat ** Shares in Yara YAR.OL rise more than 6% after the Norwegian fertilizer maker posted a bigger-than-expected Q3 earnings ** Third quarter adjusted EBITDA rose to $585 million vs company consensus of $482 million ** "A beat on all lines," says J.P.Morgan, adding that the earnings beat was primarily due to better-
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Bankers see tepid investments due to uncertainty over US elections, geopolitics

Bankers see tepid investments due to uncertainty over US elections, geopolitics By Nupur Anand and Pete Schroeder WASHINGTON, Oct 24 (Reuters) - Questions about the direction of the United States and wars in Ukraine and the Middle East are making investors cautious, bank executives gathered in Washington said. But there is some optimism about economic activity picking up as clarity over policy emerges after the Nov.
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No fiscal dominance in Brazil, policymakers say

No fiscal dominance in Brazil, policymakers say SAO PAULO, Oct 24 (Reuters) - There are no signs pointing to a regime of fiscal dominance in Brazil, despite market anxiety surrounding public accounts, and the central bank is monitoring the situation, two policymakers said this week. Fiscal dominance is an economic condition characterized by a lack of government budgetary control, in which monetary policy loses its effectiveness in controlling inflation.
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Platinum Equity-owned Ingram Micro jumps in debut

BUZZ-Platinum Equity-owned Ingram Micro jumps in debut ** Ingram Micro INGM.N shares jump in debut Thurs after technology distributor's IPO prices near top of expected range ** INGM opens at $25.28 vs $22 IPO price, marking about $6 bln valuation. Stock last up 11% at $24.40 ** Co and private-equity owner Platinum Equity sold 18.6 mln shares for ~$409 mln raise vs targeted range of $20-$23 ** Platinum Equity retains about 91% ownership post-IPO ** Mutual fund manager Capital World Investors buyi
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Platinum Equity's Ingram Micro valued at $6 bln as shares jump 15% in NYSE debut

UPDATE 2-Platinum Equity's Ingram Micro valued at $6 bln as shares jump 15% in NYSE debut Ingram Micro returns to public markets after eight years Stock opens at $25.28 apiece vs IPO price of $22 Ingram distributes IT products such as Apple's iPhone Adds comments from CEO interview in paragraphs 6-7, sector context and background on company in paragraphs 5,8-10 By Arasu Kannagi Basil and Echo Wang Oct 24 (Reuters) - Ingram Micro INGM.N notched a valuation of $6 billion after shares jumped 15% in
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Swedish gaming group Cherry weighs sale of ComeOn, sources say

Swedish gaming group Cherry weighs sale of ComeOn, sources say By Amy-Jo Crowley LONDON, Oct 24 (Reuters) - Swedish gaming operator Cherry is exploring options for its online casino and sports betting subsidiary ComeOn including a sale, two people familiar with the matter said. Cherry would be the latest European gambling group looking to divest its consumer-focused brands in order to focus on its business providing software and services to online gaming firms.
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Brazil vows to hit 3% inflation target at IMF, World Bank meetings

UPDATE 2-Brazil vows to hit 3% inflation target at IMF, World Bank meetings Central bank committed to 3% inflation target despite current 4.47% rate Inflation driven by stronger-than-expected economic activity Board members emphasize data-dependence and no guidance on next steps Markets predict 92% chance of 50 basis point hike next month Rewrites throughout Oct 24 (Reuters) - Four members of Brazil's nine-person interest rate-setting board attended several events in Washington this week with a
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Las Vegas Sands rises after brokerages remain confident of growth prospects

BUZZ-Las Vegas Sands rises after brokerages remain confident of growth prospects ** Shares of casino operator Las Vegas Sands LVS.N rises 3% to $53 premarket ** "We think focus should be on prudent investments the company is making in its Macao and Singapore businesses, which will support revenue and profit growth starting next year," - Morningstar
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Dubai and Abu Dhabi race to lure world's wealth managers

RPT-ANALYSIS-Dubai and Abu Dhabi race to lure world's wealth managers Repeats for wider distribution with no changes to text Abu Dhabi, Dubai vie for investor attention Abu Dhabi has gained momentum-sources Ease of regulations, sovereign wealth funds draw new firms to Abu Dhabi Dubai remains ahead with over 370 wealth managers and vibrant financial district as of end-June By Nell Mackenzie, Federico Maccioni and Hadeel Al Sayegh DUBAI, Oct 24 (Reuters) - Abu Dhabi is emerging from Dubai's shadow
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Sodexo up on 'reassuring' FY 2024 results

BUZZ-Sodexo up on 'reassuring' FY 2024 results ** Shares in Sodexo are up 3.6% after rising as much as 6.4% following "reassuring" results of the French service provider company ** Barcalys says the results for the year through Aug. 31 were reassuring, adding that they look better than expectations ** Sales grew 7.9% organically, above the consensus forecast of a 7.8% growth ** Group reported a record 1.9 billion euros ($2.1 billion) in new signings, but a 100 bps drop in retention to 94.2% ** "
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Sweden's SEB falls after Q3 NII miss

BUZZ-Sweden's SEB falls after Q3 NII miss ** Shares in Swedish bank SEB SEBa.ST fall 5% after it reports weaker-than-expected net interest income (NII) for the third quarter, despite its bottom line beating forecast ** Q3 NII came in at SEK 11.06 million ($1.04 million) vs IBES estimate SEK 11.38 million ** "Whilst the other Nordic banks have deliv
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