Colgate-Palmolive Company (NYSE: CL) is in focus on Tuesday after Dan Loeb’s Third Point was reported to have built a decent-sized stake in the producer of consumer products. Here’s what the activist ...
Category: Finance
Live Finance News Updates.
Shale Mogul Daniel Rice, 41, to Reap $975 Million From BP Deal
(Bloomberg) — A young US natural gas mogul may be taking home nearly $1 billion after a deal with oil giant BP Plc. Most Read from Bloomberg Daniel Rice stands to receive about $975 million in c...
Rolls-Royce has over 300 orders for its $413,000 Spectre electric vehicle
Rolls Royce Spectre Courtesy: Rolls-Royce More than 300 U.S. buyers have already put down deposits for Rolls-Royce’s first electric vehicle prior to its unveiling on Tuesday, the luxury automake...
Michael B. Jordan Breaks Down ‘Creed III’ As The First Trailer Drops Online
Michael B. Jordan returns as Adonis “Donnie” Creed. Metro-Goldwyn-Mayer Pictures Creed III sees Michael B. Jordan change gears as he evolves from actor to actor-director. The highly antici...
Home Builders Warn Collapse Is ‘Unsustainable’—And Prices Could Tumble Another 20%
Topline Home builder confidence plunged for a tenth straight month in October as rising interest rates continued to weaken housing demand—prompting economists to warn an unexpected rise in new home sa...
ComputerShare Performing Well Aside as Transfer Agent of GameStop (GME)
Australian stock transfer company Computershare shared its plan to expand across over twenty countries. The company is one among the prominent stock transfer agents and it manages the changes as well ...
Flooding in Nigeria kills more than 600 people, officials say
Flood water breaks a river bank and overflows into a settlement in Lokoja, Nigeria October 13, 2022. Afolabi Sotunde | Reuters More than 600 people have died and more than 1.3 million have been displ...
Microsoft Reportedly Cuts Nearly 1,000 Employees—Here Are The Biggest U.S. Layoffs This Year
Tech giant Microsoft reportedly cut roughly 1,000 employees across multiple divisions, sources told Axios—the company’s third round of cuts this year as employers fear the economy could slide into rec...
How Bad Is Europe’s Energy Problem? Better Than You Think
MANCHESTER, UNITED KINGDOM – JANUARY 03: A gas ring on a domestic stove powered by natural gas is … [+] seen alight on January 3. 2005, Manchester, England. Russia had decreased pressure i...
J&J reports a strong Q3 despite fears of recession: what went right?
Johnson & Johnson (NYSE: JNJ) reported market-beating results for its fiscal third quarter on Tuesday. Shares are still in the red as investors wanted more in terms of future guidance. CFO discuss...
First Cardano DEX records almost 800% growth as the effects of Vasil upgrade take root
Merely a month after the Cardano network underwent the latest upgrade, dubbed the Vasil upgrade, things are looking up on the Dapps front. Apparently, the upgrade, which started on Sept 22 and peaked ...
Do Kwon Says Terra Luna’s $40,000,000,000 Collapse Is ‘My Responsibility – and My Responsibility Alone’
The founder of embattled stablecoin issuer Terra (LUNA) is taking sole responsibility for the crypto project’s multibillion-dollar collapse earlier this year. In a new interview with Laura Shin on the...
Hasbro (HAS) reports Q3 earnings
A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California. David Paul Morris | Bloomberg | Getty Images Hasbro reported third-quarter earnings Tuesd...
Goldman Sachs pivot from Marcus shows that disrupting retail banking is hard
David Solomon, Goldman Sachs, at Marcus event Goldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. After product...
Gas Prices Fall For 7 Days As White House Considers Selling Emergency Reserves To Avoid Dreaded Return To $4 Mark
Topline The Biden Administration is planning to tap into the country’s emergency petroleum reserves in an attempt to cut gas costs ahead of the midterm elections next month, sources told Reuters, even...
Can Chevron Profit From Venezuelan Oil?
| Getty Images Key Takeaways Chevron paused operations in 2019 due to sanctions placed by the US aimed at restoring free elections in the country. Venezuela has the world’s largest oil reserves....
Zignaly opens ‘ZIG Vault’ staking with 750K ZIG in pool rewards
Zignaly (ZIG/USD), a social investment platform offering new crypto investors the opportunity to invest alongside top crypto traders, has unveiled its staking vault for October. The platform’s ZIG Vau...
Jim Cramer Says Bank Stocks Are Headed for Sustained Growth Thanks to Rising Rates; Here Are 3 Names That Analysts Like
Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, has noted a shift in the markets, one that marks a change in potentially winning investment strategies. Last year, tech stocks were the p...
Dogecoin price analysis: DOGE sets a lower high, continues to target $0.058 support
Dogecoin price analysis is bearish today as we have seen a strong lower high set at $0.06. From there, DOGE/USD has started tr to decline, likely leading to a strong push below the $0.058 closest supp...
TRON in deflationary state for over a year; Know what it means
As the crypto market is bearish since months, many assets are working hard to take a place in the green zone. However one of the asset is breaking record, the duration of time devoted in a state of c...
Peloton Chief People Officer Shari Eaton leaving company
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton‘...
Rankled By Rankings? Blame College Presidents for Gaming the System
The Library Of Columbia University. (Photo By Raymond Boyd/Getty Images) Getty Images Columbia University misrepresented its data and dropped in U.S. News Best Colleges rankings from No. 2 in 2021 to ...
Starboard strikes again – this time it’s Salesforce Inc
Salesforce Inc (NYSE: CRM) is up nearly 5.0% this morning after Starboard Value revealed to have taken a “significant” stake in the enterprise software company. What does it want from Salesforce Inc? ...
Agrify Surges After 1-For-10 Reverse Stock Split
Barrons.com Akouos Stock Soars as Eli Lilly Buys Genetic Therapies Company for $610 Million Akouos shares soared after pharmaceutical giant Eli Lilly announced that it will buy the genetic medicine co...
Shopify unveils new Web3 experience for merchants
Shopify has announced that it will bring merchants closer to the Web3 experience via its partnership with Novel. The e-commerce platform mentioned that it plans to make the ecosystem accessible for me...
Healthcare Stocks Rise In Hong Kong And China; BYD Forecasts +300% Net Profit Increase
China Last Night KraneShares Key News Asian equity markets finished higher overnight as China closed mixed, which followed a strong rally in US stocks yesterday. President Xi’s Sunday speech emphasize...