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Communications Services Climb With Risk Appetite — Communications Services Roundup
Communications services companies rose as traders sought out the highest risk niches of the market.…
Utilities Down on Cyclical Bias — Utilities Roundup
Shares of power producers ticked down as traders rotated into sectors more closely tied to…
Hilcorp San Juan Agrees to Pay DOJ $34.6M to Resolve Underpaid Royalty Allegations — Update
By Denny Jacob The U.S. Department of Justice said Hilcorp San Juan agreed to pay…
Canadian Utilities’ Finance Chief Brian Shkrobot to Retire, Katie Patrick Named Successor
By Sabela Ojea Canadian Utilities' finance chief Brian Shkrobot is retiring and will be succeeded…
China-focused ETFs struggle amid fears of another regulatory ‘crackdown’
Hi! This week’s ETF Wrap funds looks at China-focused funds that are struggling in 2024,…
iRobot, Spirit Airlines, Super Micro, AMD, Wayfair, Ally, Chegg, AT&T, and More Movers
Stocks rose Friday and the S&P 500 marked a new record close as tech stocks…
Forget the Sun and Sand: An Art Lover’s Guide to Miami
If New York is the Earth of the art world, Gabriel Kilongo says, Miami is…
Biden Takes Aim at Bank, Credit-Card Fees
President Joe Biden’s war on tacked-on charges that he calls “junk fees” rages on. Banks…
Microsoft Says Russian Hackers Accessed Emails of Some Senior Leaders
Microsoft late Friday disclosed that the email accounts of some of the company’s senior leadership…
Buy BP Stock. It’s Been Ignored for Too Long.
The former British Petroleum made no investors happy after it said in 2020 that it…
Can the Fed Reconcile Market Rate Expectations and Its Own Projections?
The task before the next Federal Open Market Committee meeting will be to reconcile the…
Ally’s stock rallies after earnings beat and deal with Synchrony
Ally Financial Inc.’s stock ended trading Friday with a 10.7% gain — its best one-day…
Tricon’s stock jumps by 28% on $3.5 billion buyout deal by Blackstone
Tricon Residential Inc.’s stock jumped 28% on Friday after Blackstone Inc. said it would buy…
Kaman stock up 100% as it agrees to go private for $1.8B
Kaman Corp.’s stock doubled Friday after it agreed to be taken private by Arcline Investment…
Spirit Airlines looks to reassure investors with update on cash, revenue
Spirit Airlines Inc.’s stock soared Friday as the discount air carrier gave an upbeat revenue…