Finance
Stocks making the biggest moves midday: ASML, UnitedHealth, Walgreens Boots Alliance and more
Check out the companies making headlines in midday trading: UnitedHealth — Shares plunged 7.2% after the health-care giant lowered its earnings guidance due to ongoing headwinds from a cyberattack earlier in the year. UnitedHealth cut the top end of its full-year earnings forecast, which is now $27.50 to $27.75 per share, compared to previous guidance […]
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Citigroup earnings top estimates, boosted by investment banking
In this article C Follow your favorite stocksCREATE FREE ACCOUNT The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024. Mike Kemp | In Pictures | Getty Images Citigroup reported third-quarter results before the opening bell on Tuesday that topped Wall Street expectations, with growth […]
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Stocks making the biggest moves premarket: Goldman Sachs, Bank of America, Walgreens and more
Check out the companies making headlines before the bell. Bank of America — Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts’ estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate. Johnson & […]
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Dutch government to reduce its stake in ABN Amro by a quarter
Jasper Juinen | Bloomberg | Getty Images The Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through a trading plan. Shares of the Dutch bank traded 1.2% lower at the market open and was last down 0.6% as of 9:15 a.m. London time. The […]
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Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates
Key Points Fed Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September. “Whatever happens in the near term, my baseline still calls for reducing the policy rate gradually over the next year,” he said. Source
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Stocks making the biggest moves midday: SoFi, Caterpillar, SiriusXM, Boeing and more
Check out the companies making headlines in midday trading: SoFi Technologies — Shares of the online personal finance company jumped 9.8% after SoFi announced a $2 billion agreement with Fortress Investment Group to grow its loan platform business. Sirius XM Holdings — The audio entertainment stock popped more than 8% after Warren Buffett’s Berkshire Hathaway […]
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Pro-Palestine protestors cause disturbance outside the New York Stock Exchange
Key Points There was no disruption to trading and none of the protestors appeared to make it to the historic trading floor. NYSE security fences off a perimeter area outside of the exterior of the building on Broad Street in lower Manhattan. Chants such as “we want housing, not genocide” and “let Gaza live” could […]
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Stocks making the biggest moves premarket: Flutter Entertainment, Boeing, SiriusXM, Caterpillar and more
Check out the companies making headlines before the bell. Crypto stocks – Stocks linked to cryptocurrencies rose as Bitcoin soared above $64,000 to start the week. Extending gains from the previous session, MicroStrategy and Mara Holdings — formerly Marathon Digital — each gained more than 5%, while Coinbase advanced more than 3%. Flutter Entertainment – […]
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China’s exports and imports grew far less than expected in September
Key Points China’s exports grew by 2.4% in September from a year ago in U.S. dollar terms, while imports rose by 0.3%, customs data showed Monday. Source
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China’s Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
Key Points China’s Ministry of Finance’s weekend press briefing underscored how it is focused on addressing local government debt, even though some investors were anticipating fiscal stimulus. Minister of Finance Lan Fo’an laid out four measures, starting with increasing support for local governments in resolving debt risks. “The press conference is consistent with our view […]
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