Stock

By John Revill ZURICH (Reuters) – Siemens shares surged on Thursday after the engineering company upped its full year sales and profit guidance and said it had made a “flying …

By Lewis Krauskopf NEW YORK (Reuters) – The fate of an early year rally in stocks may depend on whether equities can withstand a recent rise in U.S. Treasury yields, …

Citing ‘Outrageous’ Big Oil Profits, Biden Calls For Quadrupling Tax On ‘Corporate Stock Buybacks’ John Hugh DeMastri on February 7, 2023 President Joe Biden criticized Big Oil companies for using …

By Carolina Mandl NEW YORK (Reuters) – Global hedge funds posted a solid 2.8% gain in January, but they missed out on the stellar rally that broader stock market indexes …

NEW YORK (Reuters) – Corporate stock buybacks are offering investors a measure of excitement in what has been a gloomy earnings season. Chevron Corp late last month said it would …

How Did One American Company’s Stock Skyrocket In A Single Day? John Hugh DeMastri on February 2, 2023 Meta stocks skyrocketed Thursday morning, on pace for its second-best day in …

By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of using profits to pay shareholders …

SEOUL (Reuters) – South Korea’s financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the local stock market with high-frequency …

(Reuters) – U.S. Senate Finance Committee Chair Ron Wyden on Thursday said Congress must do more to raise taxes on oil companies’ stock buybacks after Chevron Corp announced it would …

MANILA (Reuters) – The Philippine stock market’s opening was delayed by half an hour on Wednesday because of a technical issue, the bourse operator said. Trading on the exchange was …

(Reuters) – Bank of America Corp will give stock awards to most of its global workforce for a sixth consecutive year, the company said in a memo to staff on …

By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will soon end and reiterated her bullish view on …

By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude stocks built unexpectedly last week, the Energy Information Administration said, as refiners were slow to restore production after a cold freeze that …

Earlier today, in federal court in Central Islip, Lawrence Isen, a former registered broker who participated in a criminal conspiracy to promote and manipulate the price of shares in publicly …

By Byron Kaye SYDNEY (Reuters) – In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd, which runs the Australian stock …

TRENTON, NJ – The New Jersey Senate has passed a bill that would require K-12 schools statewide to stock feminine hygiene products at no charge to students. This afternoon, the …

Alexa Schwerha on December 15, 2022 It was reported that students and lawmakers rallied near Barnard College in New York City on Wednesday in support of legislation that would require …

By Nell Mackenzie LONDON (Reuters) – Well-known activist short-selling hedge funds expect to find more companies squeezed by tough economic conditions in 2023, potentially increasing instances where balance-sheet sinkholes are …

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted in favor of proposing some of the biggest changes to the structure of American equity markets in …

By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is set to vote on Wednesday on advancing rule proposals related to the handling and execution of …

By Lewis Krauskopf NEW YORK (Reuters) – A double dose of potentially market-moving U.S. events next week could set the tone for asset prices in the rest of 2022 and …

Major University To Stock Tampons In Men’s Bathrooms — At Students’ Expense Alexa Schwerha on December 8, 2022 Wichita State University will spend more than $15,000 to stock tampons in …

JPMorgan Strategists Predict Stock Plunge, Recession As Early As First Half Of 2023 John Hugh DeMastri on December 1, 2022 Strategists at JPMorgan Chase predicted a recession as soon as …