Expansion of Chinese factory activity anticipated before arrival of economic stimulus package

Expansion of Chinese factory activity anticipated before arrival of economic stimulus package

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Chinese factory activity improved for the first time in half a year in October, providing a positive sign for policymakers as they gear up for an important fiscal package to bolster the world’s second-largest economy. … Read more

Top premarket movers: The Cheesecake Factory (CAKE), Sherwin-Williams (SHW), 3M (MMM)

Top premarket movers: The Cheesecake Factory (CAKE), Sherwin-Williams (SHW), 3M (MMM)

Before the opening bell, let’s take a look at the companies that are making headlines. The Cheesecake Factory saw its shares increase by over 3% after activist investor JCP Investment Management acquired a stake in the company and urged it to consider spinning off three of its brands into a separate entity. General Motors’ shares … Read more