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Bank of Montreal: Raises its price target for American Airlines (AAL.O) to $13.50 from $12.
Procter & Gamble (PG.N) shares rose about 3% in pre-market trading after third-quarter sales exceeded expectations.
Procter & Gamble (PG.N) reported a gross margin of 49.5% in the third quarter. Organic sales growth in the Fabric & Home Care segment was 3% in the third quarter, exceeding market expectations of a 1.98% increase.
Procter & Gamble (PG.N): It expects commodity costs to have an after-tax negative impact of approximately $150 million in fiscal year 2026, while the cost increase from tariff increases is expected to be approximately $400 million (after tax).
Procter & Gamble (PG.N) reported 3% organic revenue growth in the third quarter, exceeding the expected 1.86%.
On April 24, the China Securities Regulatory Commission (CSRC) issued the "Rules for the Supervision of Board Secretaries of Listed Companies," which will take effect on May 24, 2026. The main contents of the "Rules for Board Secretaries" are as follows: First, clarifying the scope of responsibilities. The rules detail the specific responsibilities of board secretaries in areas such as information disclosure, corporate governance, and internal and external communication. Second, improving safeguards for performance of duties. The rules provide safeguards in multiple aspects, including information access, performance platforms, and remedies, to promote the full and lawful performance of duties by board secretaries. Third, improving appointment management. The rules enhance the professional competence and compliance requirements for board secretaries, prohibiting concurrent positions that may affect their independent performance of duties. The nomination committee is required to review the qualifications of board secretaries. Fourth, strengthening accountability. Listed companies are required to establish a regular evaluation and accountability mechanism for the performance of board secretaries; strict regulatory measures or penalties will be taken against listed companies that violate laws and regulations but whose board secretaries have failed to perform their duties diligently. Fifth, clarifying transitional arrangements. A transitional period is set for matters such as the appointment and concurrent positions of board secretaries of listed companies until December 31, 2027. During the transitional period, any inconsistencies between the above matters and the "Rules for Board Secretaries" should be gradually adjusted to comply with the regulations.
Swiss National Bank President: We have no plans to increase or decrease our gold holdings.
On April 24, Li Qingshuang, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT), met with a delegation led by Emmanuel Faber, Chairman of the International Sustainability Guidelines Council, in Beijing. The two sides exchanged views on strengthening institutional cooperation, promoting enterprises to implement sustainable disclosure guidelines, and better participating in global trade and investment activities.
On April 24th, according to industry sources, Meituan's new generation of large-scale basic model, LongCat-2.0-Preview, has been released for open testing. This model boasts over a trillion parameters, placing it among the world's top large-scale models. Sources familiar with the matter revealed that DeepSeek's new generation V4 large-scale model, released on the same day, has essentially the same total number of parameters and activation parameters as Meituan's LongCat-2.0-Preview. Beyond the sheer scale of its parameters, a major breakthrough for Meituan's new generation of large-scale basic model lies in its complete reliance on domestically produced computing power clusters for both training and inference. According to the aforementioned sources, Meituan utilized between 50,000 and 60,000 computing cards during this training phase, making it the largest large-scale model training task ever completed using domestic computing power.
British fintech company Revolut is shutting down its commodities business for precious metals trading in parts of Europe.
The Central Bank of Russia expects the average oil price to be $65 per barrel in the baseline scenario for 2026 (previously forecast at $45 per barrel).
Polish central bank board member Duda: There is currently no need to raise interest rates.
On April 24th, Douyin Life Services, in conjunction with Dongchedi and Judongche, released the "Digital 4.0 Era: Online Transformation of Automobile Transactions White Paper." The white paper shows that in 2025, Douyin Life Services processed a total of 670,000 automobile orders, with approximately 35% of these orders coming from live streams and 34% from in-app searches. Douyin Life Services' automobile-related search volume increased by 233% from the beginning of 2025 compared to the end of the year.
AMD (AMD.O) shares extended gains to 10% in pre-market trading.
Schlumberger (SLB.N) fell 1.8% in pre-market trading after reports surfaced that the company would acquire S&P Global’s underground oil software business.
A Reuters/Ipsos poll showed that 58% of voters were less likely to support congressional candidates who endorse Trump's war strategy against Iran. 77% of American voters believed Trump should bear at least some responsibility for soaring gasoline prices. 55% of Republicans, 82% of independent voters, and 95% of Democrats blamed Trump for the price hikes.
L'Oréal CEO: The impact of tariffs this year is expected to be twice that of last year's €100 million.
On April 24, the Shenzhen Stock Exchange Listing Review Committee held its 17th review meeting of 2026, and Torrens Precision Manufacturing (Jiangsu) Co., Ltd. was found to have met the issuance conditions, listing conditions and information disclosure requirements for its initial public offering.
Intel (INTC.O): In the first quarter of 2026, it recognized a non-cash goodwill impairment loss of $3.9 billion under restructuring and other charges.
L'Oréal CEO: The Middle East conflict impacted first-quarter revenue by approximately €100 million.
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