Gap shares jump as investors focus on profit beat over weak forecast
(Reuters) – Shares of Gap climbed as much as 8% on Friday, after the apparel retailer’s quarterly profit beat indicated that the Old Navy parent’s cost cuts were paying off…
(Reuters) – Shares of Gap climbed as much as 8% on Friday, after the apparel retailer’s quarterly profit beat indicated that the Old Navy parent’s cost cuts were paying off…
By Selena Li HONG KONG (Reuters) – China’s securities regulator met with representatives from top Western asset managers on Friday to reassure them about the country’s economic prospects, as its…
ZURICH (Reuters) – Investors David Winter and David Millstone have built a 3.05% stake in Clariant, filings on Swiss bourse SIX showed on Friday, buying back into the Swiss specialty…
By Emma-Victoria Farr FRANKFURT (Reuters) – Germany’s Covestro should engage in formal takeover talks with Abu Dhabi National Oil Co (ADNOC) in the interest of its shareholders, two top-15 investors…
By Alexander Marrow (Reuters) – Russian authorities are working on a draft presidential decree to give the country’s retail investors a way to unblock their frozen assets held in overseas…
By David Randall NEW YORK (Reuters) – The sharp increase in investor equity allocations to U.S. stocks since the start of the year still has room to expand before breaching…
(Reuters) – Pet food company Freshpet Inc said on Monday it has reached an agreement with Jana Partners and appointed Timothy McLevish, one of the activist investor’s director nominees, to…
BEIJING (Reuters) – Angry investors in trust products of a leading Chinese shadow bank have lodged complaint letters with regulators, pleading with the authorities to step in after the big…
By Samuel Shen and Summer Zhen SHANGHAI/HONGKONG (Reuters) – Buy the state, sell the capitalist – that’s how global investors are trying to play China’s latest anti-graft crackdowns as they…
By Li Gu and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – China’s promise of a “comprehensive” package to address local debt issues has triggered a rush into bonds issued by local government…
MILAN (Reuters) – Sentiment among global investors improved in August to its least bearish since February 2022 with cash allocations falling to a 21-month low, a Bank of America survey…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several investment managers whose performance was pummeled when technology stocks skidded lower last year put fresh money into the handful of companies that…
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securities linked to shares of companies in the world’s geopolitical hot spots, investors and…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity bought or increased their holdings in retailer Amazon.com during the…
By Saqib Iqbal Ahmed and Nupur Anand NEW YORK (Reuters) – The slide in U.S. bank stocks this week appeared to catch traders in the options market by surprise, data…
By Liangping Gao, Ella Cao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Shanghai businesswoman Kate Ren might have hoped that after Chinese leaders removed the slogan “houses are for living,…
By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are favouring the stocks and bonds of state-backed firms that are…
NEW YORK (Reuters) – Big investors, such as pension funds and insurance companies, are willing to increase their allocation to credit and equity hedge funds through the rest of this…
By Samuel Indyk LONDON (Reuters) -Investors continued to buy stock and bond funds in the week to Wednesday, Bank of America global research said in a report on Friday citing…
By Daniela Desantis and Lucinda Elliott ASUNCION (Reuters) – Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister…
By Kevin Buckland and Ankur Banerjee SINGAPORE/TOKYO (Reuters) – Japan’s government bond market has turned into a cat-and-mouse arena for investors and the Bank of Japan, as the latter tries…
By Summer Zhen and Carolina Mandl HONG KONG/NEW YORK (Reuters) – For all the excitement whipped up in China’s markets by the Politburo last week, foreign investors say policymakers’ words…
By Danilo Masoni MILAN (Reuters) – European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively…
By Samuel Indyk LONDON (Reuters) – Investors flocked to stocks and bonds in the week to Wednesday, Bank of America global research said in a report on Friday citing EPFR…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh…