-- German consumer sentiment is expected to worsen in May, with the indicator down to -33.3 points from the revised -28.1 points in April, Growth from Knowledge said Monday.
Analysts expected -29.5 points for the month.
The latest reading reflects a sharp decline in income expectations and a decrease in the willingness to buy to a two-year low as inflation rises due to higher energy prices amid the Iran war.
Steven Madden (SHOO) has an average rating of overweight and mean price target of $43.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $38.50, Change: $-0.07, Percent Change: -0.18%
Citigroup (C) plans to strengthen its investment banking divisions in Japan and China by recruiting upper-level executives to capture additional buyout opportunities, Reuters reported Monday, citing the firm's regional division head, Kaustubh Kulkarni.Management intends to recruit experienced professionals in Japan to cover specific industries like technology and telecommunications to address increased corporate appetite for strategic restructuring, the report said.The company is simultaneously seeking personnel in China to focus on bringing in investment bankers who can cover "new-age" and "high-growth companies", Reuters quoted the executive as saying.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $127.88, Change: $-0.10, Percent Change: -0.08%
Globex Mining Enterprises (GMX.TO) reported Monday high-grade antimony intersections provided by Antimony Resources (ATMY.CN) at the Bald Hill property in New Brunswick.Drill hole BH-25-34 returned antimony assays of 9.76% Antimony over 3.15 meters (m), which extends the Main Zone both to the north and to depth.A total of 12,500 m of drilling is expected to be completed by the end of April. A total of 25,000 m has been drilled on the Bald Hill Main Zone and a 11,000-m drill program is planned to commence in mid-May, Globex said.The Bald Hill property is under option from Globex.Price: $2.32, Change: $-0.02, Percent Change: -0.85%