Sunday, 24 Nov 2024

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Baby Trend Recalls Cityscape Travel Jogger Strollers

Virtu Financial Stock Gains 10% On News That SEC Won’t Ban Payment For Order Flow Shares of Virtu Financial, Inc. (VIRT) are gaining nearly 10% on Thursday morning driven by the news report that SEC won’t ban payment for order flow. VIRT is currently trading at $23.48, up $2.07 or 9.67%, on the Nasdaq. The […]

Loop Media Offers 2.5 Mln Shares At $5/shr In IPO

UK Budget Deficit Exceeds Estimate In August The UK budget deficit exceeded the official estimate in August, despite a notable increase in tax revenue, as high inflation raised the debt servicing costs, data published by the Office for National Statistics revealed Wednesday. Public sector net borrowing excluding public sector banks declined to GBP 11.8 billion […]

European Economics Preview: Eurozone Foreign Trade Data Due

Live Nation Entertainment Down 3% After Announcing Acquisition Of Goodlive Live Nation Entertainment, Inc. (LYV) shares are sliding more than 3 percent on Wednesday morning trade, after announcing the acquisition of a majority stake in Goodlive GmbH in Berlin from Paragon Partners and Goodlive’s founders. Currently, shares are at $83.68, down 3.66 percent from the […]

Swedish Match Shareholder Opposes Proposed Takeover By Philip Morris

Oil Prices Rally On Supply Concerns Oil prices rose more than 2 percent on Wednesday amid supply concerns after Russian President Vladimir Putin announced the partial mobilization of his country’s military in a significant escalation of war in Ukraine. Benchmark Brent crude futures rallied 2.4 percent to $92.76 a barrel, while WTI crude futures were […]

Walgreens Boots To Buy Out Shields Health For Around $1.37 Bln; Stock Down

BorgWarner To Buy Hubei Surpass Sun’s Electric Vehicle Solution For RMB 410 Mln BorgWarner Inc. (BWA), an automotive supplier, said on Tuesday that it would buy the Electric Vehicle Solution from Hubei Surpass Sun Electric or SSE, a Chinese electric motors maker, for up to RMB 410 million. Electric Vehicle Solution is an arm of […]

Forge Global Holdings Down 17%

Amended: AutoZone Q4 Results Top Estimates Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the fourth quarter increased to $810.04 million or $40.51 per share from $785.77 million or $35.72 per share in the year-ago quarter. Net sales for the quarter grew 8.9 percent to $5.35 billion from $4.91 billion […]

European Economics Preview: UK Retail Sales Data Due

U.S. Wholesale Inventories Rise Less Than Expected In July Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday. The report showed wholesale inventories rose by 0.6 percent in July after surging by 1.8 percent in June. Economists had […]

Carlyle To Sell Sequa Corp. To Veritas Capital For Undisclosed Sum

Adobe Systems Inc. Q3 Profit Decreases, but beats estimates Adobe Systems Inc. (ADBE) reported earnings for third quarter that decreased from the same period last year but beat the Street estimates. The company’s earnings came in at $1.14 billion, or $2.42 per share. This compares with $1.21 billion, or $2.52 per share, in last year’s […]