Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
Activist Generali investors call for “open dialogue”
MILAN -Two activist investors in Generali on Tuesday urged Italy’s leading insurer to engage in “an open and constructive dialogue” to overcome issues that have held back its growth. Generali is at…
Crypto investors face more uncertainty after rocky start to 2022
By John McCrank NEW YORK -Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets. The volatility…
Just stop! Investors want the Fed to quit buying bonds now
By Davide Barbuscia NEW YORK -The U.S. Federal Reserve should stop buying bonds immediately to contain rampant inflation, a top investment manager at BlackRock said on Thursday, joining a chorus of Wall…
Canadian dollar falls as investors weigh hot U.S. inflation data
TORONTO – The Canadian dollar weakened against the greenback on Thursday as data showing that U.S. inflation soared to a 40-year high in January raised expectations for aggressive interest rate hikes by…
Investors gird for more hawkish Fed after sharp inflation rise
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK – Investors were bracing for more market volatility after a sharper-than-expected rise in consumer prices ramped up expectations for how aggressively the…
Analysis-Where now after 2% yield? Bond investors take stock
By Davide Barbuscia NEW YORK – U.S. Treasury yields have shot higher this year, rising faster than many forecast. Investors are now assessing if anticipation of a more hawkish Fed will continue…
U.S. dividend funds receive huge inflows as investors switch out of bonds
By Patturaja Murugaboopathy – U.S. investors are snapping up funds that invest in dividend-paying stocks as they search for stable income from alternatives to bond markets, which are being roiled by the…
CME profit tops views as investors ready for rate hikes, shares hit record high
By John McCrank NEW YORK – CME Group Inc on Wednesday reported a fourth-quarter profit that topped Wall Street expectations, helped by increased usage of the futures exchange operator’s interest rate hedging…
China developer Yango, investors agree to delay onshore coupon payment -source
BEIJING – Chinese Developer Yango Group Co Ltd has reached agreement with investors to delay a 40 million yuan ($6.29 million) onshore coupon payment by six months, a source with knowledge of…
Canada’s TMX Group plans cryptocurrency futures product for institutional investors
By Nichola Saminather TORONTO – Canada’s largest stock market operator, TMX Group, plans to launch its first cryptocurrency futures product in response to institutional investors’ desire to offset the risks of trading…
Tech executive McCarthy moves to Peloton, investors cheer his arrival
By Svea Herbst-Bayliss BOSTON – Technology industry executive Barry McCarthy is an avid user of a Peloton bike and now the stakes for his workouts are rising as he becomes chief executive…
CRYPTOVERSE-After bitcoin ‘winter’, investors hunt risk in virtual worlds
By Medha Singh and Lisa Pauline Mattackal – As bitcoin drifts towards mainstream maturity in 2022, daring crypto investors are eyeing up new sources of explosive action: “altcoins” that power online games…
Analysis-Emerging market investors dive for stocks amid Fed storm
By Rodrigo Campos and Marc Jones NEW YORK/LONDON – Developing world investors, buffeted by various “taper tantrums” over the last decade, are now nervously watching as the rainmaker of global markets –…
Investors keep the faith in stocks despite tech selloff – BofA
LONDON – Investors pumped money into equities and yanked funds out of bonds and cash as inflows into equity markets showed no signs of abating, BofA’s weekly flow show report showed on…
Fake New Jersey financial advisor stole $471,000 from scammed investors
TRENTON – Acting Attorney General Andrew J. Bruck announced that an unregistered investment adviser was sentenced to 3 years in state prison for stealing over $471,000 from 24 investors he recruited to invest…
As Meta plunge slams Wall Street, retail investors ‘buy the dip’
By Noel Randewich – Retail investors appeared to be enthusiastically buying the dip in Wall Street’s biggest growth companies on Thursday as the U.S. stock market plunged following Facebook owner Meta Platforms…
South Florida Residents Who Defrauded Investors Sentenced to Federal Prison Terms
Miami, Florida – A federal district judge has sentenced the last of four defendants involved in a mail and wire fraud scheme aimed at defrauding investors. Miami-Dade County resident Jason Ganton, 50,…
U.S. corporate bond spreads widen as investors de-risk on hawkish Fed
By Davide Barbuscia NEW YORK – Investors sold U.S. corporate high-yield and investment-grade bonds on Friday, moving in step with weakness in equity markets and in a sign of risk aversion amid…
Bullion-shy investors spoil gold’s consumer demand comeback, WGC says
By Peter Hobson LONDON – Global demand for gold rose 10% last year but remained well below its level before the COVID-19 pandemic amid slack investor demand, the World Gold Council (WGC)…
U.S. retail investors kept buying stocks on Fed day -analysts
NEW YORK/MILAN – Retail investors bought a net of $1.66 billion in equities on Wednesday when a hawkish U.S. Federal Reserve outcome triggered wild gyrations on Wall Street, data from Vanda Research…
Domestic investors prop up Indian stocks as foreigners flee
By Patturaja Murugaboopathy – Foreign investors have been cutting their holdings of Indian equities over the past few months, but domestic mutual funds, banks and insurance companies have helped put a floor…
Tesla shares jump ahead of report; investors eye factories, Cybertruck
– Shares of Tesla Inc rallied on Wednesday ahead of the electric car maker’s quarterly report after the bell, with investors focused on how quickly the company can scale production at new…
Factbox-Gas and nuclear are ‘green’? Not so fast, say some investors
By Simon Jessop and Kate Abnett – The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views…
Unilever’s soap opera: M&A, job cuts and grumpy investors
– Unilever unveiled plans on Tuesday to cut about 1,500 management jobs in an overhaul aimed at easing shareholders’ concerns after a failed acquisition and news an activist investor had built a…
As markets churn, battered investors brace for Fed meeting
By Gertrude Chavez-Dreyfuss NEW YORK – Worries over a more hawkish Federal Reserve are roiling asset markets around the globe, and this week’s monetary policy meeting may offer insight into how aggressive…
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