The European Central Bank raised its benchmark interest rate by 50 basis points on Thursday.…
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C&E Industry News Filter
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STOCK MARKET
It’s time to buy Dow’s stock, says Deutsche Bank, citing high dividend and belief that ‘earnings bottom’ has passed
by userby userShares of Dow Inc. rallied Monday after Deutsche Bank analyst David Begleiter said it was…
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STOCK MARKET
Pimco and Invesco had the biggest holdings in Credit Suisse CoCo bonds: report
by userby userInvestment heavyweights Pimco and Invesco will face huge losses as some of the largest AT1…
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STOCK MARKET
First Republic shares jump 20% amid JPMorgan efforts to help shore it up
by userby userFirst Republic Bank stock climbed 20% in premarket trading on Tuesday, amid reports that JPMorgan…
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Treasury Department officials are considering ways to temporarily expand federal guarantees on all bank deposits…
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STOCK MARKET
Foot Locker says it has ‘revitalized’ its relationship with Nike to focus on ‘sneaker culture’
by userby userAthletic-gear retail chain Foot Locker Inc. on Monday said it had “revitalized” its decades-long relationship…
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Cruise, the self-driving unit of General Motors Co. that operates a robotaxi service in San…
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STOCK MARKET
B. Riley CEO and other insiders have bought more than $2.6 million in stock since SVB crisis began
by userby userExecutives and other insiders at B. Riley Financial Inc. have signaled confidence in their business…
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STOCK MARKET
Silvergate lays off president, director resigns after move to liquidate bank
by userby userSilvergate Capital Corp. SI, -18.05% on Monday said that President Ben Reynolds was laid off…
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STOCK MARKET
Netflix plans about 40 new videogames in 2023, with scores more in development
by userby userNearly a year and a half after launching its videogame platform, Netflix Inc. is leaning…