US Capacity Utilization (Jan) 76.2% vs. Exp. 76.5% (Prev. 75.7%, Rev. From 76.3%, Low. 76%, High. 76.7%)
The US Capacity Utilization for January came in at 76.2%, slightly below expectations of 76.5% and reflecting an upward revision from the previous figure.
India imported 1.1mln BPD of Russian oil in January, reportedly the lowest level since November 2022
Trian Fund Management Nelson Peltz's says Wendy's (WEN) shares are undervalued, he has spoken with financing sources and strategic partners regarding a potential deal for parties, according to Street Insider
US Capacity Utilization (Jan) 76.2% vs. Exp. 76.5% (Prev. 75.7%, Rev. From 76.3%, Low. 76%, High. 76.7%)
Starbucks (SBUX) investor group gears up for board fight over backsliding labour relations, Business Insider reports
The Trump administration is rescinding energy department rules that incentivise EV production to meet fuel economy requirements
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This modest miss suggests that industrial capacity is not expanding as robustly as anticipated, which could influence perceptions of economic momentum and future Fed policy on rates. Traders should consider how this data point fits into the larger context of ongoing growth and inflation dynamics.
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