2 Hours AgoGlencore stocks down 6% as earnings fallAn worker stands by way of an emblem for Glencore Agriculture in Glencore Plc’s places of work in Rotterdam, Netherlands.Bloomberg | Bloomberg | Getty ImagesShares of Swiss mining corporate Glencore fell greater than 6% in morning business after the corporate posted a steep drop in annual earnings and diminished its dividend.Waning volatility within the power marketplace weighed at the corporate’s full-year profits, which got here in at $17.1 billion — part that recorded within the earlier 12 months, all the way through the peak of the power disaster sparked by way of the Russia-Ukraine battle.— Karen Gilchrist6 Hours AgoHSBC pre-tax annual benefit jumps 78%, misses marketplace estimatesHSBC reported on Wednesday its complete 12 months 2023 pre-tax benefit climbed about 78% to $30.3 billion from a 12 months in the past, lacking median estimates of $34.06 billion from analysts tracked by way of LSEG.Its Hong Kong stocks reversed beneficial properties to dip greater than 2%, when put next towards the three% beneficial properties for the Hold Seng Index. The financial institution’s stocks have received about 0.5% to this point this 12 months after leaping 23% in 2023 because the Hold Seng Index shed 14%.It used to be ultimate buying and selling down 2.55%.—Clement Tan, Lee Ying Shan10 Hours AgoCNBC Professional: ‘Opportune time to put money into actual property’: Execs identify 5 REITs to play proper nowMounting inflation and rates of interest have put vital force on a number of sectors — particularly actual property. However some marketplace watchers suppose issues might be about to show round.”I feel it will be an opportune time to put money into actual property particularly for the reason that we’re forecasting rates of interest to say no over the following one year,” says Kevin Brown, senior equities analyst at monetary services and products company Morningstar.Brown, along side PGIM Actual Property’s Rick Romano, disclose their best REITs to shop for at the moment. CNBC Professional subscribers can learn extra right here.— Amala Balakrishner10 Hours AgoCNBC Professional: Need stable, passive source of revenue? Purchase those dividend shares with upper yields, Wall Boulevard saysDividend shares steadily attraction to buyers who need stable source of revenue and long-term enlargement.Wall Boulevard and different execs percentage their tips about how to pick out excellent dividend shares and what names will generate sustainable source of revenue.A few of these names are projected to have upper yields than money, consistent with BofA.CNBC Professional subscribers can learn extra right here.— Weizhen Tan7 Hours AgoEuropean markets: Listed below are the outlet callsEuropean markets are set to open in blended territory Wednesday.The U.Okay.’s FTSE 100 index is anticipated to open unchanged at 7,718, Germany’s DAX down 12 issues at 17,061, France’s CAC down 3 issues at 7,796 and Italy’s FTSE MIB down 18 issues at 31,786, consistent with information from IG. Income are due from Danone, Wolters Kluwer, Heathrow, BAE Techniques, Rio Tinto and Glencore. At the information entrance, initial shopper self belief information for the euro zone in February is about to be launched.— Holly Ellyatt
