The Latest Breaking News from Deutsche Bank

On Oct. 12, 2021, GXO Logistics Chief Investment Officer Mark Manduca laid out the argument for why the Greenwich, Connecticut-based firm represented a new breed of logistics company."This is a hard business to wrap your head around. There is no company out there that is scalable contract logistics," he told…

Rolling live coverage of business, economics and financial markets as analysts weigh risk of recessions across the world

Exclusive: Sajid Javid declined to reveal location of his former trust a day after saying he welcomed more tax transparency in the Conservative party leadership contest

Telsey Advisory Group analyst Dana Telsey has lowered the price target on Kohl's Corp (NYSE:KSS) to $35 (19% upside) from $55 and kept the Market Perform rating on the shares. Kohl's abandoned its negotiations with Franchise Group, considering the challenges in the current retail and financing environment. Also, the retail chain has cut its Q2 sales guidance on ongoing inflationary…

Emerging markets are well positioned to stare down a US recession and may even be able to lure investors their way.

Shareholders of Spirit Airlines will vote Thursday on a proposed merger with Frontier Airlines, and the outcome could affect fares for millions of air travelers who depend on the budget airlines

Deutsche Bank has decided to maintain its Buy rating of Teck Resources (NYSE:TECK) and lower its price target from $52.00 to $48.00. Shares of Teck Resources are trading down 4.73% over the last 24 hours, at $31.65 per share.

Nike earnings and sales edged lower but topped fiscal Q4 views. But NKE stock fell as the Dow giant said a strong dollar will hit sales.

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…