Investors watch for quarter-end rebalancing in US stocks, bonds and options
(Reuters) – Investors are watching a large hedged-equity fund’s quarterly refresh of its options positions and quarter-end rebalancing by portfolio…
European shares rise as China optimism lifts miners
(Reuters) – European shares rose on Tuesday as miners gained after hopes of more policy support from China lifted metal…
Japan stocks lower at close of trade; Nikkei 225 down 0.49%
Japan stocks were lower after the close on Tuesday, as losses in the Power, Precision Instruments and Railway & Bus…
Volatile rouble recovers from 15-month low after aborted mutiny
(Reuters) – The rouble recovered from sinking to its lowest in nearly 15 months against the dollar on Monday, paring…
Meta Platforms stock target raised at UBS as GenAI potential still not priced in
UBS analysts raised the price target on Meta Platforms (NASDAQ:META) to $335 per share from the prior $300, while maintaining…
Amazon workers in Leipzig start 48-hour strike for higher wages
(Reuters) – Workers at Amazon (NASDAQ:AMZN)’s warehouses in Germany’s eastern city of Leipzig started a 48-hour strike on Monday to…
PacWest sells $3.5 billion loan portfolio to PE firm Ares
(Reuters) – PacWest Bancorp has sold a $3.5 billion specialty finance loan portfolio to Ares Management (NYSE:ARES), in an attempt…
Carmakers owe compensation for emissions cheating devices, German court rules
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled…
Starbucks strike over Pride decor follows LGBTQ anger on hours, benefits
(Reuters) – Workers at dozens of U.S. Starbucks (NASDAQ:SBUX) locations held strikes on Sunday to express their outrage over accusations…
4 big analyst cuts: Tesla stock no longer a Buy at Goldman Sachs
Tesla downgraded at Goldman Sachs Goldman Sachs downgraded Tesla (NASDAQ:TSLA) to Neutral from Buy with a price target of $248.00…