Stocks News
- Reuters
(Reuters) – U.S. stock index futures were largely flat on Monday as investors awaited more bank earnings and views from Federal Reserve policymakers that could shape expectations around when the central bank will pause its monetary policy tightening.
- Reuters
By Huw Jones LONDON (Reuters) – Stock exchanges and asset managers have squared off ahead of European Union negotiations this week over how much information investors should be given to find the best deals on Europe’s fragmented stock markets.
- Reuters
By Davide Barbuscia NEW YORK (Reuters) – Tighter lending conditions after recent bank failures will likely drive the U.S. economy into a shallow recession in the second half of this year, bolstering the case for a gradual increase in exposure to long-term bonds in anticipation of
- Reuters
(Adds exclusive tag) WASHINGTON (Reuters) – U.S. President Joe Biden’s administration is set to move ahead with the sale of a small modernization package for Turkey’s existing F-16 aircraft, after leaders of U.S. congressional committees gave informal approval for the sale, sources familiar with the matter
- Reuters
(Reuters) – Alphabet Inc shares fell over 4% in premarket trading on Monday after a report that South Korea’s Samsung Electronics was considering replacing Google with Microsoft-owned Bing as the default search engine on its devices.
- Reuters
By Andrew Chung WASHINGTON (Reuters) – U.S. Supreme Court justices on Monday weighed a bid by Salesforce Inc’s Slack Technologies to avoid a lawsuit over its 2019 direct listing in a case that could undermine the ability of shareholders to sue companies for alleged misstatements when
- Reuters
By Rajesh Kumar Singh and Valerie Insinna
- Reuters
By Rae Wee SINGAPORE (Reuters) – The dollar bounced from a one-year low on Monday as resilience in core U.S. retail sales, a rise in short-term inflation expectations and impressive Wall Street bank earnings raised market expectations for an interest rate hike in May.
- Reuters
(Reuters) – Merck & Co is in late-stage talks to acquire Prometheus Biosciences Inc to get its hands on promising immune disease treatments, the Wall Street Journal reported on Sunday citing people familiar with the matter.
- Reuters
By Dawn Chmielewski and Lisa Richwine (Reuters) – Florida Governor Ron DeSantis said the state legislature will file a bill that aims to undo steps the Walt Disney Co took to undermine the authority of a new state-appointed oversight board, intensifying the battle between a likely
- Reuters
By David Shepardson (Reuters) – The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules.
- Reuters
(Reuters) – Ernst & Young’s U.S. arm said on Monday it was shedding 5% of its workforce, less than a week after the unit’s objection torpedoed the global accounting giant’s plan to break up its audit and consulting units.
- Reuters
(Reuters) – Regional banks in the United States on Monday reported deposit outflows between 3% and 11% from the prior quarter after customers sought the refuge of bigger banks in the aftermath of one of the worst banking crises.
- Reuters
(Reuters) – Activist investor Trillium Capital said on Monday stock-photo company Getty Images Holdings Inc should expand and create partnerships with technology firms and publishers to grow its revenue.
- Reuters
(Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just starting to see some relief from inflation.
- Reuters
By Blake Brittain (Reuters) – Gene-sequencing giant Illumina Inc has settled a patent lawsuit brought by Maryland biotech company Ravgen Inc, which accused Illumina’s genetic tests of infringing its patents.
- Reuters
WASHINGTON (Reuters) – Confidence among U.S. single-family homebuilders improved for a fourth straight month in April as a dearth of previously owned homes and falling mortgage rates boost demand for new houses, but a shortage of building materials remains a challenge.
- Reuters
PARIS (Reuters) – French car maker Renault said sales at its flagship brand rose by 9% in the first quarter of the year thanks to the launch of new models, indicating a restructuring by CEO Luca de Meo may be starting to pay off after four
- Reuters
By Oliver Hirt ZURICH (Reuters) – The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million) to Alvarez & Marsal Switzerland, linked to the rescue of Credit Suisse, according to state procurement platform Simap.ch on Monday.
- Reuters
By Brendan Pierson (Reuters) – E-cigarette company Juul Labs Inc and its former largest investor, Marlboro maker Altria Group Inc, on Monday settled claims by the state of Minnesota that they fueled teen vaping addiction.