Morgan Stanley upgrades General Motors, sees attractive risk reward
Morgan Stanley analysts upgraded General Motors (NYSE:GM) shares to Overweight from Equal Weight with the price target also raised ($38…
Japan’s Astellas Pharma to buy Iveric Bio for $5.9 billion
Astellas Pharma (OTC:ALPMY) announced today a deal to merge its Berry Merger unit with Iveric Bio (NASDAQ:ISEE) in a deal…
Israel stocks higher at close of trade; TA 35 up 0.90%
Israel stocks were higher after the close on Sunday, as gains in the Communication, Real Estate and Oil & Gas sectors led shares higher. At…
Energizer, Walmart sued for conspiring to raise battery prices
(Reuters) – Energizer Holdings Inc and Walmart (NYSE:WMT) Inc have been sued by consumers and retailers in three proposed class…
Sony shares tumble on weaker-than-expected annual outlook
(Reuters) – Sony (NYSE:SONY) Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual…
XAU/USD: Gold Prices Firm After US Economic Growth Slows Down to 1.1%
The American economy flagged its first big recession signal as it expanded way below estimates in the first quarter. Gold…
Oil drops as US rate hike concern, weak China data offset OPEC+ cuts
(Reuters) -Oil fell on Monday as concern over the economic impact of the U.S. Federal Reserve potentially raising interest rates…
Italy to unveil May Day labour package amid union criticism
(Reuters) – Italy’s right-wing government was set to unveil measures to boost jobs and workers’ pay on Monday, amid hostile…
Dollar edges higher, with all eyes on the Federal Reserve
The U.S. dollar edged higher in early holiday-impacted European trade Monday, at the start of a week that includes policy-setting…
JP Morgan to buy First Republic’s assets and assume deposits
(Reuters) -United States regulators said on Monday First Republic Bank (NYSE:FRC) has been seized and a deal agreed to sell the bank…