Press Releases

Reuters was first to report Indian authorities have demanded $244 million from the local unit of French spirits giant Pernod Ricard for undervaluing concentrate imports for over a decade to avoid full payment of duties.  The post Reuters reveals India demands nearly...

Reuters exclusively reported U.S. chip toolmaker KLA Corp will cease offering some supplies and services to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations. The move underscores huge business headwinds facing...

Reuters was first to report that a U.S. judge approved an auction process that could lead to the breakup of Venezuela owned Citgo Petroleum, the seventh-largest  U.S. oil refiner. Two years after first authorizing a sale of shares in Citgo’s parent company, PDVSA, the...

Reuters was first to report the preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen a share, indicating the premium for the Japanese conglomerate may not be as rich as investors had hoped.  The post Reuters...

Reuters was first to report Exxon Mobil Corp said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project. Exxon did not...

Reuters exclusively revealed more than 40 European rivals to Google’s shopping service urged European Union (EU) antitrust regulators to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search...

Reuters was first to report private equity firm KPS Capital Partners’ German aluminium smelter Speira is set to gain European Union (EU) antitrust approval for its plan to buy aluminium recycler Real Alloy Europe with its offer to sell two plants to address EU...

Reuters exclusively reported that Ancora Holdings, one of the hedge funds that spearheaded a board shake-up at Kohl’s Corp, is now pushing for the removal of the U.S. retailer’s chief executive and board chairman. The move marks the beginning of a new round of...

Reuters exclusively reported that Japanese stocks have made a blazing start to 2024, surging to three-decade highs as a weaker yen and expectations of interest rates staying low have re-ignited the strongest rally for years.  The post Sparkling start puts spotlight on...

Reuters exclusively reported that China’s securities regulators have asked some hedge fund managers to restrict short selling in its stock index futures market, as authorities seek to stabilise sinking stocks.  The post China regulators ask funds to curb short selling...

Reuters exclusively revealed more than 40 European rivals to Google’s shopping service urged European Union (EU) antitrust regulators to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search...

Shares of the AI Darling Slumped Nearly 9% Last Week Source: TradingView.com Key Takeaways Nvidia shares slumped nearly 9% last week as investors scaled back bets in some of this year’s top performing AI chipmakers over mounting concerns about tougher trade...

Shares Jumped Nearly 7% on Friday Source: TradingView.com Key Takeaways Starbucks shares jumped nearly 7% on Friday following a report that activist investor Elliott Investment Management has taken a sizable stake in the global coffee chain and discussed ways to...

News of the day for July 22, 2024 Hector Vivas / Getty Images Ahead of a heavy earnings week, investors are focused on news that U.S. President Joe Biden has dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris to be the Democratic...

Andrew Harnik / Getty Images Key Takeaways More Delta flights were canceled into Monday morning, as the airline continued to grapple with the effects of last week's global tech outage.An update from cybersecurity company CrowdStrike impacted Microsoft systems across...

Eduardo Parra / Europa Press / Getty Images KEY TAKEAWAYS CrowdStrike shares are falling more than 4% in premarket trading, extending Friday's large declines, after the cybersecurity firm's software update caused a global outage in Microsoft’s cloud...

News of the day for July 22, 2024 Hector Vivas / Getty Images Ahead of a heavy earnings week, investors are focused on news that U.S. President Joe Biden has dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris to be the Democratic...

Shares Jumped Nearly 7% on Friday Source: TradingView.com Key Takeaways Starbucks shares jumped nearly 7% on Friday following a report that activist investor Elliott Investment Management has taken a sizable stake in the global coffee chain and discussed ways to...

News of the day for July 22, 2024 Hector Vivas / Getty Images Ahead of a heavy earnings week, investors are focused on news that U.S. President Joe Biden has dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris to be the Democratic...

Adam Gray/Getty Images Key Takeaways The S&P 500 slid 0.7% on Friday, July 19, 2024, as a tech outage disrupted operations for companies around the world.CrowdStrike shares tumbled after a software update by the cybersecurity firm set off widespread technological...

Eduardo Parra / Europa Press / Getty Images Key Takeaways CrowdStrike short sellers gained after the cybersecurity company sent out a defective update causing a global tech outage for Microsoft's Windows hosts.The outage sent shares down more than 11% on Friday.S3...

Galit Rodan / Bloomberg via Getty Images Key Takeaways Wedbush initiated coverage of Canada Goose with an oiutperform rating and price target of $21. The shares rose Friday. The analysts called the stock "un-loved" and cited steps to slow store growth and cut...

Bill Nation / Sygma via Getty Images Tech has offered investors some of the biggest returns over the last few decades—and especially the last few years—but over the long run, investors have seen massive gains from all over the market. A recent study from Arizona State...

Getty Images Key Takeaways GE Aerospace reports earnings before markets open Tuesday, in what will be its second report since General Electric completed its split into three separate companies earlier this year.Analysts expect GE Aerospace's revenue to grow...

Kevin Dietsch / Getty Images President Joe Biden speaks in Washington, D.C., on July 14. Key Takeaways President Biden dropped out of the 2024 presidential race Sunday. Biden endorsed Kamala Harris as the Democratic nominee.Some Democrats and donors had publicly and...

Coming up: PCE inflation, second-quarter GDP, and earnings from Tesla, Google, Visa John Paraskevas / Newsday RM via Getty Images Key Takeaways Investors are watching for earnings reports this week from several Big Tech firms, including Tesla, Google parent Alphabet,...

The Fed Will be Closely Watching the Data as It Weighs When to Start Cutting Interest Rates David Paul Morris / Bloomberg / Getty Images Key takeaways Economists expect gross domestic product grew at an annualized rate of 1.9% in the second quarter, which is higher...

Li Jianguo / Xinhua / Getty Images Key Takeaways Official data shows that inflation has declined over the past year, but nearly two out of every three respondents to a recent survey believe it has risen.While economists measure inflation on a monthly or yearly basis,...

Bill Nation / Sygma via Getty Images Tech has offered investors some of the biggest returns over the last few decades—and especially the last few years—but over the long run, investors have seen massive gains from all over the market. A recent study from Arizona State...

BFF Weeps on Air... (Top headline, 5th story, link) Related stories:BIDEN ENDS '24 BID, ENDORSES KAMALA...'BEST INTEREST OF COUNTRY'...'He's really pissed off'...POLITICAL EARTHQUAKE...TRUMP HOPES SHE WILL BE EASIER TO BEAT...All 50 Dem party state chairs back...

Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.

Reuters exclusively revealed more than 40 European rivals to Google’s shopping service urged European Union (EU) antitrust regulators to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search...

Reuters was first to report private equity firm KPS Capital Partners’ German aluminium smelter Speira is set to gain European Union (EU) antitrust approval for its plan to buy aluminium recycler Real Alloy Europe with its offer to sell two plants to address EU...

Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.

Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.

Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.

Read full story for latest details.

Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.

Pursuing domestic investment at the expense of returns is reckless

He balances that with being unshakeably committed to state-owned enterprises, too

We assess what could bring the bull market to an end

Moderates want to limit numbers. Radicals want mass deportations. What will be the economic consequence?

Currency meddling will prove futile

Consumer banks, on the other hand, are starting to suffer

Even though political instability is an economic threat

The Russell 2000 puts in a historic performance

But to take full advantage of deregulation, Austin and Auckland need other changes

Reality intruded at the “third plenum”, intended to discuss long-term reforms

Reality intruded at the “third plenum”, intended to discuss long-term reforms

The watchdog proposed a rule that would label earned wage access programs as loans. Fees would need to be expressed in APR terms, like a credit card.

These are the stocks posting the largest moves in the premarket.

These are the stocks posting the largest moves in midday trading.

The money flow into small caps may not be a rotation from winning growth trades.