Tuesday, May 18, 2021

Google Alert - finance

Google
finance
As-it-happens update May 18, 2021
NEWS
Bloomberg
Colonial Pipeline, the crucial U.S. pipeline that's been trying to recover from a debilitating criminal hack, restored a vital communications system that failed and temporarily left customers in the dark about fuel shipments. The computer system that allows oil ...
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Reuters
Royal Dutch Shell (RDSa.L) is in talks with the Nigerian government to sell the Anglo-Dutch company's stake in onshore oilfields, CEO Ben van Beurden said on Tuesday. Shell, the operator of the West African country's onshore oil and gas joint venture SPDC ...
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Reuters
NEW YORK (Reuters) - Oil slid nearly 2% on Tuesday, tumbling from a two-month high, after media reports said the United States and Iran have made progress on reviving a deal restricting Iran's nuclear weapons development, that could release more barrels ...
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Bloomberg
The world's central banks are yielding to political pressures by emphasizing the risks of climate change when the more obvious threat to financial stability comes from future pandemics, former U.S. Treasury Secretary Lawrence Summers said Tuesday.
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Reuters
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen tried to sell President Joe Biden's $2.2 trillion corporate tax hike and infrastructure plans to the U.S. Chamber of Commerce on Tuesday, saying that the proposals will improve the profitability and ...
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CNET
After the CDC issued guidance that vaccinated Americans can go (mostly) maskless, we made a list of a few major stores, and some states, that have followed suit. Jessica ...
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Reuters
Last month, the German financial regulator BaFin ordered Deutsche Bank to enact further safeguards to prevent money laundering, a blow to the bank's efforts to repair its reputation. Subject to regulatory approvals, Salama will succeed ...
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Bankrate.com
Drivers in Cape Coral, Florida are some of the safest, based on an insurance study by Allstate. The carrier looked at crash reports and claims filed to list the 200 largest cities with the safest drivers. Cape Coral ranked as #10 for safest drivers. Although Cape ...
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Reuters
BERKELEY, Calif. (Reuters) -The family office run by "Big Short" investor Michael Burry has disclosed a large bearish bet via options on Tesla Inc. FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021.
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CNN
New York (CNN Business) Americans keep putting money into their homes. And that's great news for Home Depot. The retail giant reported sales and earnings for the first quarter Tuesday morning that topped forecasts. The rising price of lumber and other ...
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Reuters
PARIS (Reuters) - Air France-KLM flew a biofuel-powered Airbus A350 from Paris to Montreal on Tuesday, demonstrating the airline's readiness to adopt low-emissions fuel despite deep industry divisions over the pace of its adoption. Slideshow ( 2 images ).
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Barron's
The new custodial accounts include a mobile app with streamlined features and content for teens. The app can be used to trade stocks, ETFs, or mutual funds. The accounts also come with a debit card and can be linked to Venmo and PayPal (ticker: PYPL) for ...
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Reuters
India's Biological E. will produce the Johnson & Johnson (JNJ.N) COVID-19 vaccine alongside its own candidate, its managing director told Reuters on Tuesday, which could boost the country's overall supplies amid a shortage. "The infrastructure and plants ...
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Reuters
Hohn's TCI Fund Management, which has a 2.93% stake in Canadian National (CN), said the company should not go ahead with its plan to create a voting trust structure for the takeover. " ...
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TechCrunch
Insight Partners led today's investment with participation from existing investors Zeev Ventures, Emerge, F2 Venture Capital, 01 Advisors and Dynamic Loop Capital. The company reports it has now raised a total of $127 million. George ...
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Barron's
Vodafone Group 's U.S.-listed shares were falling almost 9% on Wednesday. The mobile phone giant saw annual revenue tumble 2.6% because fewer customers, unable to travel abroad during the pandemic, paid roaming charges. The market also reacted ...
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ZDNet
IBM said on Tuesday it's acquiring Waeg, a consulting partner for Salesforce focused on enterprise customers in Europe. Big Blue said the deal will extend its Salesforce services and bolster its hybrid cloud and artificial intelligence strategy. Financial terms of ...
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Bloomberg
Discovery could help CNN with documentary library, CEO says · Zaslav: CNN's Zucker 'has to figure out what he wants to do' ...
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Barron's
Neither Amazon (ticker: AMZN) nor MGM are commenting on the reports, the latest in a series stretching over months. The news highlights different media companies' approaches to catalog content—MGM's portfolio includes classics ...
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The Boston Globe
Biden is touring Ford's Electric Vehicle Center, a new factory being built on the grounds of the automaker's massive Rouge complex in Dearborn, Michigan. The president was visiting a day before Ford is expected ...
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GlobeNewswire
Built from the ground up with a sleek ultra-thin lightweight chassis powered by Yamaha's proven 700cc-class CP2 engine, and enhanced with track-focused supersport features, the R7 embodies the R-Series' rich history of aggressive performance and racing ...
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TheStreet
Law360 (May 18, 2021, 1:30 PM EDT) -- Food distributor Performance Food Group said Tuesday it's buying convenience store supplier business Core-Mark in a cash-and-stock deal valuing it at $2.5 billion, led by Skadden and Weil. Richmond ...
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Barron's
It's a game of musical chairs in the leadership ranks of JPMorgan Chase. Gordon Smith, currently JPMorgan's (ticker: JPM) co-president, chief operating officer, and chief executive of Consumer & Community Banking (CCB), plans to retire at the end of the ...
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Motley Fool
Challenging the meat industry. Beyond Meat continues to capitalize on the trend toward plant-based meat products. It makes food that looks and tastes like animal products, but the company's fare has nutritional and environmental benefits.
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Slate Magazine
No one ever got anywhere in cybersecurity by relying on the kindness of cybercriminals. So it was bewildering and not in the least bit reassuring to see DarkSide, the criminal group responsible for providing the necessary tools and infrastructure to launch the ...
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Forbes
Nearly everyone loves to bet. It's one of the reasons online brokerages like Robinhood took off during the depths of the pandemic. Stuck in their homes for months on end and having watched everything on Netflix, Americans turned these platforms, for better ...
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Bloomberg
Macy's Inc. posted first-quarter sales that outpaced Wall Street's expectations and raised its earnings forecast for the year as the reopening economy helped drive shoppers back to the mall. Comparable-store sales, a key retail metric, soared 62.5% for ...
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Forbes
[Updated: 4/21/2021] Buy Or Fear SRPT Stock? We believe that the stock price of Sarepta Therapeutics, a biotech company focused on the discovery and development of RNA-targeted therapeutics ...
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Reuters
Fisker had said in December that Canadian auto supplier Magna International Inc would initially manufacture its first vehicle, Ocean SUV, in Europe. Production is on track to start in the fourth quarter of next year, ...
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Barron's
CVS Health announced on Tuesday that the former chief financial officer of the insurer Aetna, which CVS merged with in 2018, will now be the CFO of the combined company. Shares of the drugstore and health insurance giant jumped nearly 5% on the news.
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11Alive.com WXIA
The 68,000 square-foot facility will be located in the Midtown area, the release said. "I look forward to seeing the countless opportunities this project creates for the hardworking Georgians across metro Atlanta ...
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oregonlive.com
Oregon added just 2,200 jobs in April – one-tenth as many as in March. That's a worrying sign for the state's economic outlook and parallels a national hiring slowdown. Oregon's unemployment rate remained steady at 6.0%, according to data out Tuesday ...
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Fox Business
Activate Consulting co-founder and CEO Michael Wolf provides insight into the WarnerMedia-Discovery merger and the ongoing streaming wars. AT&T said Monday it will combine its massive WarnerMedia media assets, ...
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Atlanta Journal Constitution
Home Depot on Tuesday reported sales of $37.5 billion for its fiscal first quarter, up nearly one-third from a year earlier, as the giant retailer blew past analysts' expectations. Fueled by a pandemic surge in renovations and homebuilding, the Vinings-based ...
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MarketWatch
Shares of MGM Resorts International rallied 2.7% in afternoon trading Tuesday, after J.P. Morgan analyst Joseph Greff turned bullish on the casino operator, citing valuation and increasing momentum as its U.S. casinos. Greff raised his rating to overweight, ...
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FOX 6 Milwaukee
A Kenosha County sheriff's deputy pulled over the driver of a Tesla who appeared to be sleeping behind the wheel. KENOSHA, Wis. - A Palatine, Illinois man was cited ...
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oregonlive.com
CytoDyn's shares fell 76 cents, or 27%, Monday after the FDA issued its findings. The stock was down another 9 cents Tuesday morning, to $1.95. Even so, the company still has a market value of $1.2 billion.
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Yahoo Tech
Operating in China requires foreign tech companies to submit to the government's strict censorship and cybersecurity laws. Just ask Apple. The iPhone maker has been reproached by civil rights activists over its compliance with the country's convoluted rules ...
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Crain's Chicago Business
The Northfield-based medical supply company plans to acquire a portion of Teleflex's respiratory products unit and will take over an Arlington Heights manufacturing facility. · More · Crain's Health Pulse Chicago: Exclusive, actionable intel on the local health care ...
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NBC Southern California
Bistro 1759, a new dining experience, gives guest the chance to enjoy a meal while traveling by trolley through the outdoor shopping center. By Alysia Gray Painter • Published 18 seconds ago • Updated 5 seconds ago. The Grove. What to Know. Bistro 1759 ...
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WTHR
To set its offering apart, the chain developed a Hot Giardiniera Sauce – a creamy sauce infused with the pickled relish well-known to Chicagoans.
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mlive.com
DETROIT -- Kia has announced a recall of 440,000 Optima sedans from 2013 through 2015 and Sorento SUVs from 2014 and 2015 due to a potential fire risk. According to the Associated Press, the recall marks the second time these specific models have ...
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Grand Forks Herald
North Dakota's active case count decreased by 25 on Tuesday. Cass County, which includes Fargo, leads the state with 121 active cases, while Burleigh County, which includes Bismarck, has 112 active cases. The two-week rolling average positivity rate is ...
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Kansas City Business Journal
Leawood-based C2FO formed a partnership to embed digital lending technology from Marcus by Goldman Sachs on its platform, allowing it to offer unsecured loans of $10,000 to $1 million to small and midsize businesses. The goal is to reduce barriers and ...
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Atlanta Journal Constitution
"If hit, the $475 million jackpot would be the ninth-largest in the history of the game," the Massachusetts State Lottery said in a statement. Explore ...
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NBC 6 South Florida
AIDA Cruises, Costa Cruises, Cunard, Holland America Line, Princess Cruises, Seabourn and P&O Cruises will begin resuming sailings from global ports over the next several months, the Miami-based company announced Monday.
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Nasdaq
Cloud communications platform Twilio (TWLO) has agreed to acquire Zipwhip for a consideration of $850 million. The transaction, which consists of cash and stock in equal parts, is expected to close by the end of 2021. Zipwhip is a business-texting platform ...
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KVUE.com
Partially vaccinated people or unvaccinated people can participate in outdoor and indoor private gatherings and dine and shop with precautions. Everyone can travel with precautions regardless of their vaccination status ...
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ETF.com
London – The recent jump in US inflation has given investors plenty to consider, however, the risk of tighter monetary policy from the Federal Reserve triggering another taper tantrum is of even bigger concern.
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Motley Fool
The Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) all suffered losses, but the small-cap Russell 2000 managed to gain a bit of ground, and even among large-cap indexes, ...
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