Crucial Points
- The British lender took a considerable strike from an more than-issuance of securities in the U.S., which resulted in litigation and carry out charges totaling £1.6 billion over the class of 2022.
Barclays posts 19% slide in yearly internet financial gain following costly U.S. investing blunder
Finance
Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more
Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, […]
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Finance
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Key Points Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building. “This is about the largesse and the fact that he has systemically mismanaged the Fed,” Vought told CNBC. The accusations represent another front on Trump’s ongoing campaign against Powell. Source
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Finance
Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more
Check out the companies making headlines before the bell. Levi Strauss — The denim apparel stock rose 7% after second-quarter results topped expectations. Levi Strauss reported 22 cents in adjusted earnings per share on $1.45 billion of revenue. Analysts surveyed by LSEG were looking for 13 cents per share and $1.37 billion. The company also […]
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