Keir Starmer calls for emergency Parliament recoil amid turmoil in UK financial markets ‘What the Government needs to do now is recall Parliament and abandon this budget’ Evening Standard · Sep 28, 2022
Top Financial Stories Tuesday, September 13: Elon Musk's Takeover Set To Get Twitter Shareholder Approval, Intel Slashes Mobileye IPO Valuation, Goldman Sachs To Layoff About 500 Jobs And More… Wall Street Journal Benzinga · Sep 13, 2022
U.S.-China Audit Deal Won't Slow Hong Kong Dual Listing Train, Analysts Say Key Takeaways: Despite a landmark U.S.-China information-sharing agreement, some predict dual listings in New York and Hong Kong will remain the preferred choice for Chinese stocks UBS estimates Hong Kong Stock Exchange trading volume could rise up to 25% if all U.S.-traded Chinese stocks delist from New York and move… Benzinga · Sep 2, 2022
Salesforce Faces Price Target Cuts On Guidance Cut, Shares Slide Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections. Benzinga · Aug 25, 2022
Could Target and Walmart Be Beneficiaries From A Bed Bath & Beyond Bankruptcy? Retail giants Target Corporation (NYSE: TGT) and Walmart Inc (NYSE: WMT) might gain some market share inadvertently and could be the unintended beneficiary of the looming bankruptcy risk for the retail cha Benzinga · Aug 23, 2022
Bank of England’s dire recession warning too ‘optimistic’ amid gas threat, economists say ‘If Russia were to completely cut supplies and we had a cold winter it would be a perfect storm’ The Independent UK · Aug 5, 2022
Gucci’s Sales Growth Eases in Q2 as China Lockdowns Weigh Gucci's sales growth eases in Q2 as China lockdowns weigh Sales at French luxury group Kering's top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key Chinese market. Overall sales for Kering,… Asharq Al-Awsat · Jul 27, 2022
Walmart To $142? Plus This Analyst Raises Price Target On McDonald's Keybanc raised the price target for McDonald's Corporation (NYSE: MCD) from $285 to $290. However, Keybanc analyst Eric Gonzalez maintained the stock with an Overweight rating. McDonald's shares fell 0.3% to $256.23 in pre-market trading. Benzinga · Jul 27, 2022
LVMH Q2 Sales Climb 19%, Offsetting Slower China Sales at LVMH, the world's largest luxury group, rose by 19% in the three months to June, as robust growth in the US and China helped it offset a new round of lockdowns in China. LVMH, which owns dozens of high-end labels such as Tiffany, said sales came to 18.73… Asharq Al-Awsat · Jul 26, 2022
This Healthcare Stock Jumped 110%; Here Are 64 Biggest Movers From Yesterday Gainers Virax Biolabs Group Limited (NASDAQ: VRAX) shares climbed 264% to close at $18.20 on Thursday. The company offered shares at an expected price of $5.00 per share with an insider lock-up period of 180 days ending on January 17, 2023. Benzinga · Jul 22, 2022
Benzinga · Jul 21, 2022 Why Is Super Micro Computer Higher By More Than 13%? 42 Stocks Moving In Thursday's Mid-Day Session Gainers Virax Biolabs Group Limited (NASDAQ: VRAX) shares jumped 364.3% to $23.22. The company offered shares at an expected price of $5.00 per share with an insider lock-up period of 180 days ending on January 17, 2023.
Reuters · Jul 15, 2022 American tourists splurge in Paris boutiques as euro slides American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the U.S. dollar.
Bangkok Post · Jul 15, 2022 UBS, Citi among banks hit by Asia rich clients’ pullback A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.
Reuters · Jul 8, 2022 Criminal complaint filed against UBS over DRC-linked funds Three organisations have filed a criminal complaint to federal prosecutors in Switzerland, alleging a failure to exercise due diligence at UBS in relation to funds they say were received by an alleged associate of former Congolese president Joseph Kabila.
Benzinga · Jul 6, 2022 This Analyst Lowers Price Targets On Visa, Mastercard, American Express; Here's The Biggest Price Target Changes For Wednesday UBS cut Moelis & Company (NYSE: MC) price target from $54 to $40. Moelis shares rose 3% to close at $40.84 on Tuesday.
Benzinga · Jun 22, 2022 UBS Maintains Buy Rating for Lennar: Here's What You Need To Know UBS has decided to maintain its Buy rating of Lennar (NYSE:LEN) and lower its price target from $108.00 to $106.00. Shares of Lennar are trading up 2.7% over the last 24 hours, at $67.42 per share. A move to $106.00 would account for a 57.22% increase from the current share…
StockNews.com · Jun 20, 2022 2 Non-Energy Stocks Pushing Up Against Their 52-Week Highs Energy prices have risen amid tight supplies and robust demand. The industry tailwinds have helped several energy stocks to gain substantially this year. However, looking beyond the energy sector, a few stocks are pushing up against their 52-week highs. Two such non-energy stocks, Kronos Worldwide (KRO) and Sanderson Farms (SAFM)…