Google Alert - finance

	finance As-it-happens update ⋅ February 26, 2021
	NEWS
	Via News Agency REFILE-TREASURIES-Inflation bets, poor auction catapult key yield above 1.5% Reuters (Refiles to remove extraneous word "send" in headline) By Ross Kerber Feb 25 (Reuters) - Benchmark U.S. Treasury yields vaulted to their highest since the pandemic began on Thursday as the week's sell-off in bonds on rising economic expectations and ... Flag as irrelevant
	CNN Why Americans shouldn't turn their noses up at Johnson & Johnson's vaccine CNN For several months, public health experts have praised the approximately 95% efficacy seen in vaccines by Pfizer-BioNtech and Moderna. But the data surrounding the Johnson & Johnson vaccine, developed by the company's vaccine arm, Janssen, falls short ... Flag as irrelevant
	Reuters Oil set for steady gains as economies shake off pandemic blues - Reuters poll Reuters (Reuters) - Oil prices will stage a steady recovery this year as vaccines reach more people and speed an economic revival, with further impetus coming from stimulus and output discipline by top crude producers, a Reuters poll showed on Friday. FILE PHOTO: ... Flag as irrelevant
	Moneycontrol.com INSTANT VIEW 4-India's economy grows 0.4% y/y in Oct-Dec quarter Reuters "GDP (gross domestic product) growth returned to positive territory after contracting for two successive quarters. At component level, investment GDP recorded its first growth since December 2019. This recovery in investment is likely driven by capex spending. Flag as irrelevant
	Reuters US consumer spending rebounds; inflation muted Reuters WASHINGTON (Reuters) - U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infections dropped, setting up the economy for ... Flag as irrelevant
	Motley Fool Will SPACs Continue to Outpace IPOs Over the Coming Decade? Motley Fool Last year, total capital raised by SPACs surpassed that raised by IPOs. Will this trend continue? · According to The Wall Street Journal, SPACs, the Special Purpose Acquisition Corporations? · I'm taking the over, and I don't think even think it's going to be ... Flag as irrelevant
	Motley Fool Is Now the Time to Add Tesla to Your Portfolio? Motley Fool There's no doubt about it: Tesla (NASDAQ:TSLA) is one of the hottest properties in the stock market, and investors love it. The stock was up 695% in 2020, making many long-term holders very rich in the process. But 2021 has told a different story. In the past ... Flag as irrelevant
	Forbes Home Sales Will Keep Growing, Even If Rates Rise. Here's Why Forbes Joel Kan of Mortgage Bankers Association (MBA) says rising mortgage rates – in tandem with climbing Treasury yields – indicates the market and public are increasingly optimistic about the likelihood of an economic recovery. Greg McBride, ... Flag as irrelevant
	CNET Best electric cars for 2021 CNET 2020 Mini Cooper SE: Cute, fun and nicely priced · 2020 Chevy Bolt EV stays the course · 2021 Ford Mustang Mach-E looks like the future · 2021 Porsche Taycan is a good-driving EV in an awesome pink wrapper · 2019 Audi E-Tron is your four-wheel relaxation ... Flag as irrelevant
	MarketWatch Gold prices head for 4th straight drop as dollar gains add to bullion's woes MarketWatch Futures for gold on Friday headed for a fourth straight decline, putting bullion on track to notch its second losing streak of that length this month, as a sharp rise in government bond yields has undercut demand for the precious metal. The yellow metal is also on ... Flag as irrelevant
	Reuters Norwegian Air books $1.5 billion charge as it seeks fresh start Reuters OSLO (Reuters) - Norwegian Air booked a charge of 12.8 billion crowns ($1.5 billion) in the fourth quarter for its plans to cut its fleet and cancel aircraft orders, the budget airline said on Friday. FILE PHOTO: Norwegian Air Sweden Boeing 737-800 plane ... Flag as irrelevant
	WFMZ Allentown Scripps reports fourth-quarter 2020 results WFMZ Allentown Income from continuing operations was $114 million or $1.35 per share. The current-year quarter included gains from the sale of WPIX totaling $6.5 million and $2.6 million of acquisition and related integration costs. Flag as irrelevant
	Barron's British Airways Owner IAG Hit by Record $9 Billion Loss Barron's The airlines group reported a full-year operating loss of €7.4 billion ($9 billion), including exceptional items relating to fuel and currency hedges, early fleet retirement, and restructuring costs. Flag as irrelevant
	Barron's Stocks Are Mixed After Bond-Driven Rout Barron's The 10-year Treasury yield fell to 1.48% after hitting 1.55% on Thursday. Just several weeks ago, the yield was at 1.1%. The pop in interest rates reflects an economy getting ready for normal activity and potentially higher inflation, but higher yields also make ... Flag as irrelevant
	CNBC DraftKings shares rise after reporting a beat on revenue, more growth in paying customers CNBC DraftKings reported fourth quarter earnings early Friday. DraftKings said it has 1.5 million monthly unique payers as of its fourth quarter. The company also raised its revenue outlook for the fiscal year 2021 from a range of $750 million to $850 million to a ... Flag as irrelevant
	GlobeNewswire Intersect Power Chooses Long-Term Reliability and Performance; Orders up to 2.4 GW of First Solar Series 6 GlobeNewswire February 26, 2021 08:00 ET | Source: First Solar, Inc. photo-release. Responsible Solar. Flag as irrelevant
	Barron's Eli Lilly Signs $210M Deal With US for Covid-19 Antibody Therapy Barron's The company has agreed to deliver the doses, which are made up of two monoclonal antibodies called bamlanivimab and etesevimab, by the end of March. The government has an option to increase the order by another 1.1 million doses, which would be ... Flag as irrelevant
	Forbes Walmart's Recent $14 Billion Investment Is A Reminder That We Need More Eyes On The Long-Term Forbes Walmart's wage investment is part of a $14 billion commitment to improving operations, CEO Doug McMillon announced. Combined with an earnings miss, it was no surprise that Walmart's stock took the pounding it did. Fears that ... Flag as irrelevant
	Barron's Vistra's Earnings Show How Texas's Weather Is Hitting Utilities Barron's Vistra expects the Texas storm to take wipe out roughly $1.1 billion in 2021 earnings. That's about one-third of the company's projected earnings before interest, taxes, depreciation, and amortization, or Ebitda. Flag as irrelevant
	Bloomberg Reddit Frenzy Boosts GameStop Shares in Best Week Since January Bloomberg GameStop Corp. shares extended their rally to a third day, putting them on pace for their best week this month amid a flurry of day trader activity. The video-game retailer climbed as much as 20% to $130 in premarket trading as amateur investors continued to ... Flag as irrelevant
	BBC News TikTok agrees legal payout over facial recognition BBC News TikTok has agreed to pay $92m (£66m) to settle a lawsuit accusing it of misusing artificial intelligence to track and store users' data. A group challenge alleged it breached laws by using software to recognise facial features in user videos and algorithms to ... Flag as irrelevant
	Investor's Business Daily Coronavirus Mutations: Why The Battle Against Covid Is Just Beginning Investor's Business Daily These mutations, also known as variants, emerged almost in lockstep with the first vaccines targeting the virus that causes Covid-19. Now, investors in coronavirus stocks are watching to see whether the current toolbox of vaccines and treatments will still capture ... Flag as irrelevant
	USA TODAY Unemployment-benefits fraud victims are getting tax bills -- and major headaches WRAL.com By Tami Luhby, CNN. CNN — Theodore Taylor was pretty surprised when he received a tax document recently from Ohio's unemployment agency showing that he had been paid $1,300 in benefits last year. A Philadelphia resident, Taylor was employed in ... Flag as irrelevant
	Crain's Cleveland Business Baiju R. Shah is named president and CEO of the Greater Cleveland Partnership Crain's Cleveland Business GCP on Friday morning, Feb. 26, announced in a news release that Shah will take on those roles effective April 12. He will succeed Joe Roman, president and CEO of GCP since its inception in March 2004. Roman will retire on April 30. Flag as irrelevant
	Bloomberg Indian Stocks Slump With Rupee and Bonds Amid Broad Asia Selloff Bloomberg Indian stocks plunged along with markets across Asia amid a global selloff in risk assets sparked by the surging U.S yields. The S&P BSE Sensex fell 3.8% to 49,099.99 in Mumbai, its biggest decline since early May. The NSE Nifty 50 Index also slipped by a ... Flag as irrelevant
	MarketWatch Foot Locker stock tumbles after profit beats, but sales surprisingly decline MarketWatch "Despite the challenging macro backdrop of COVID-related store closures and supply chain congestion, we delivered strong bottom-line results in the fourth quarter," said Chief Executive Richard Johnson. "Our customers responded ... Flag as irrelevant
	Insurance Journal US Fines Boeing $6.6 Million Over Safety Pact Noncompliance, Enforcement Cases Insurance Journal Boeing Co. agreed Thursday to pay $6.6 million in penalties to the Federal Aviation Administration (FAA) after U.S. regulators said it failed to comply with a 2015 safety agreement and cited other safety concerns. The penalties include $5.4 million for not ... Flag as irrelevant
	WDBJ7 VDH reports 7.8% positive rate among past week's COVID tests WDBJ7 RICHMOND, Va. (WDBJ) - The Virginia Department of Health is reporting 572,639 total cases of COVID-19 across the commonwealth as of Friday, February 26, 2021, dating to the beginning of the pandemic in March 2020. That's up 1,657 from the 570,982 ... Flag as irrelevant
	syracuse.com Victoria's Secret to close up to 50 stores; Bath & Body Works shifting from malls? syracuse.com USA Today reports L Brands also plans to open 49 new Bath & Body Works stores in the U.S. and one in Canada, according to its most recent quarterly earnings. The new locations will be "almost entirely off-mall," while up to 40 mall locations will close; its total ... Flag as irrelevant
	ABC17News.com FCC approves $50 monthly internet subsidies for low-income households during pandemic ABC17News.com The Federal Communications Commission on Thursday approved final rules for a new broadband subsidy program that could help struggling families pay for internet service during the pandemic. The agency's $3.2 billion Emergency Broadband Benefit ... Flag as irrelevant
	San Francisco Chronicle Ryman Hospitality Properties: 4Q Earnings Snapshot San Francisco Chronicle The Nashville, Tennessee-based real estate investment trust said it had a funds from operations loss of $31.6 million, or 56 cents per share, in the period. The average estimate of four analysts ... Flag as irrelevant
	QSR magazine Taco Bell Parent Partners with Beyond Meat to Create More Plant-Based Options QSR magazine "We are honored to enter into a global strategic partnership with Yum! Brands, one of the world's largest restaurant companies. We look forward to expanding our work with the teams at Yum's iconic KFC, Pizza ... Flag as irrelevant
	Nasdaq Takeda Pharma To Divest Portfolio Of Diabetes Products In Japan To Teijin Pharma Nasdaq Takeda plans to use the proceeds from the sale to reduce its debt and accelerate deleveraging. Takeda said it has sustained momentum in its divestiture strategy and has exceeded $10 billion non-core asset divestiture target. Flag as irrelevant
	San Francisco Chronicle PSEG: 4Q Earnings Snapshot San Francisco Chronicle NEWARK, N.J. (AP) _ Public Service Enterprise Group Inc. (PEG) on Friday reported fourth-quarter earnings of $431 million. The Newark, New Jersey-based company said it had profit of 85 cents per share. Earnings, adjusted for non-recurring gains, were 65 ... Flag as irrelevant
	MarketWatch Workday stock slips after earnings beat Street MarketWatch Workday shares declined 3% after hours, following a 4.4% drop in the regular session to close at $251.19. The company reported a fourth-quarter loss of $71.7 million, or 30 cents a share, compared with a loss of $128 million, or 56 cents a share, in the year- ... Flag as irrelevant
	WKRC TV Cincinnati Gas prices up more than 20 cents due to last week's winter weather WKRC TV Cincinnati CINCINNATI (WKRC) - It's some of the most expensive gas prices seen in the Tri-State in over a year. With the forced shutdown of Gulf Coast and some Midwest refineries due to last week's winter weather, gasoline stocks have tightened and gas prices have ... Flag as irrelevant
	WAAY Hyundai's recall of 82000 electric cars is one of the most expensive in history WAAY Because there are so many more gasoline-powered cars on the road than EVs, the total cost of those recalls can easily exceed the $900 million this recall is costing Hyundai. For example General Motors recently took ... Flag as irrelevant
	The Daily News Online STAMP site nears first tenant as Plug Power plans $290M production facility The Daily News Online ALABAMA – Plug Power Inc., a leading producer of hydrogen fuel cells and related infrastructure, announced late Thursday that it plans to construct a $290 million liquid hydrogen production facility at the Science, Technology and Advanced Manufacturing ... Flag as irrelevant
	oregonlive.com 'Multiple' people wounded in NE Portland shooting: reports oregonlive.com File photo of a Portland Police Bureau vehicle. "Multiple" people were injured in a shooting in Northeast Portland on Thursday evening.Mark Graves. Flag as irrelevant
	VentureBeat Salesforce earnings live up to Benioff's $20-billion goal, so now it's on to the next one MarketWatch GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks. Investors are taking another run at GameStop Corp. and other 'meme' stocks by aggressively buying out-of ... Flag as irrelevant
	Nasdaq Hong Kong Shares Tipped To Open Under Pressure Nasdaq (RTTNews) - The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the seven-day winning streak in which it had surged more than 1,950 points or 7 percent. The Hang Seng Index ... Flag as irrelevant
	QSR magazine Minimum Wage Increase to Get Cut from COVID Relief Bill QSR magazine On Thursday, the Senate parliamentarian ruled against placing the $15 minimum wage increase in President Joe Biden's stimulus package. Elizabeth MacDonough, the parliamentarian, is a nonpartisan official that advises lawmakers on rules and procedures ... Flag as irrelevant
	Becker's Hospital Review UHS records $944M annual profit, notes cyberattack loss of $67M Becker's Hospital Review Despite COVID-19 expenses and taking a $67 million hit from a cyberattack last year, King of Prussia, Pa.-based Universal Health Services ended 2020 with a $944 million profit, according to financial documents released Feb. 25. This net income was a ... Flag as irrelevant
	MarketWatch GSK to refocus study of experimental COVID-19 antibody treatment on patients 70 and older MarketWatch GSK said it will now refocus the study on patients older than 70 years old, with plans to enroll 350 people who fit this demographic, after data from that study indicated the antibody treatment was more likely to improve outcomes for older patients. Flag as irrelevant
	moosejawtoday.com The latest numbers on COVID-19 in Canada for Friday, Feb. 26, 2021 moosejawtoday.com _ Canada: 858,217 confirmed cases (30,335 active, 806,017 resolved, 21,865 deaths).*The total case count includes 13 confirmed cases among repatriated travellers. There were 3,094 new cases Thursday. Flag as irrelevant
	KSLA LDH has its eyes on new COVID-19 vaccine KSLA "They are moving in the right direction presently. The most recent positivity number from the state is 5% this week. That's about a 3rd of what it was 6 weeks ago", said Governor John Bel Edwards. Flag as irrelevant
	Evening Standard Amanda Staveley loses £820m court battle with Barclays Evening Standard Staveley was asking for £819 million in damages through a civil lawsuit filed by her PCP Capital Partners investment advisory firm. She had claimed she was ousted as an investor. Flag as irrelevant
	West Central Tribune Mayo, Olmsted County lead Minnesota in vaccinations West Central Tribune ROCHESTER, Minn. -- Weather-related delays caused Mayo Clinic to briefly dip into second doses of the Pfizer and Moderna vaccines last week, according to Dr. Abinash Virk, co-chair of the clinic's COVID- 19 vaccine allocation and distribution workgroup. Virk ... Flag as irrelevant
	HuffPost Canada CPPIB CEO Mark Machin Resigns After Receiving Vaccine During Trip To Dubai HuffPost Canada The former Goldman Sachs banker flew to the U.A.E. earlier this month. Canadian Press. Canada Pension Plan Investment Board President and Chief Executive Officer Mark Machin waits to appear. Flag as irrelevant
	Newsweek EXPLAINER: Meet the vaccine appointment bots, and their foes Minneapolis Star Tribune In rural Buckland, Massachusetts, two hours west of Boston, a vaccine clinic canceled a day of appointments after learning that out-of-towners scooped up almost all of them in minutes thanks to a Twitter alert. In parts of New Jersey, health officials added steps ... Flag as irrelevant
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