An oil embargo from the European Union could severely damage Russia’s global standing and oil production. “An EU embargo on Russian energy would surely cripple the Russian oil and gas industry,” a top oil analyst told Insider. Three experts broke down what could happen next, and Moscow’s role as a premier oil power in the… Continue reading 3 experts break down why Russia is set to lose its status as a top global oil power under an EU embargo: ‘It could surely cripple the Russian oil and gas industry’
Twitter stock is still below Elon Musk’s offer price as investors weigh whether the deal will close. But analysts say he’s about to close the gap.
Twitter is still below Elon Musk’s takeover price, offering a merger arbitrage opportunity for investors. But Musk recently brought in $7 billion in new investments, narrowing the spread between the stock and his offer price. The capital influx is giving Wall Street more confidence that the deal goes through. Loading Something is loading. Wall Street… Continue reading Twitter stock is still below Elon Musk’s offer price as investors weigh whether the deal will close. But analysts say he’s about to close the gap.
US stocks extend losses as investors digest jobs report and Fed moves
US stocks dropped Friday, extending losses from a rout in the previous session. The US economy added 428,000 jobs in April, more than the 391,000 median expectation. The strong report suggested the Fed will stick to its path of interest rate hikes. Loading Something is loading. US stocks ended in the red Friday, extending a… Continue reading US stocks extend losses as investors digest jobs report and Fed moves
A Florida pension is suing to prevent a quick merger for Elon Musk’s proposed $44 billion Twitter buyout
A pension fund in Florida is suing Twitter over Elon Musk’s proposed buyout, reports said Friday. The Orlando Police Pension Fund claims Musk’s financial arrangements for the deal should prevent the transaction from closing before 2025. Musk in April won Twitter’s approval to buy the social media platform for $54.20 a share. Loading Something is… Continue reading A Florida pension is suing to prevent a quick merger for Elon Musk’s proposed $44 billion Twitter buyout
Bausch + Lomb climbs up in trading debut after below-range $630-million IPO
Shares of the contact lens and eye-care company climbed as much as 7.9% Author of the article: Bloomberg News Michael Hytha Boxes of Bausch + Lomb Inc. Sensitive Eyes contact lens solution on display at a pharmacy in the Brooklyn borough of New York. Photo by Jonathan Fickies/Bloomberg News files Canada’s Bausch + Lomb Corp.… Continue reading Bausch + Lomb climbs up in trading debut after below-range $630-million IPO
Welcome to The Upside Down market, where strange things are the norm
Peter Hodson: The current market is not what one would call ‘normal’ by any stretch Publishing date: May 06, 2022 • 1 day ago • 5 minute read • 13 Comments A trader works on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files After more than thirty years in the markets,… Continue reading Welcome to The Upside Down market, where strange things are the norm
Stock Market Today: Stocks Sink After April Jobs Report | Kiplinger
Stock Market Today The U.S. stock market added to Thursday’s big losses following the release of the latest jobs update.On the heels of their worst session of 2022, stocks initially struggled to find direction Friday following the release of the April jobs report – though in the end, they settled for selling, again. The Labor… Continue reading Stock Market Today: Stocks Sink After April Jobs Report | Kiplinger
12 of Wall Street’s Newest Dividend Stocks | Kiplinger
Skyrocketing inflation has spurred demand for investments that can keep pace with rising prices. This includes renewed interest in income-paying investments, including both old and new dividend stocks. “If inflation is here to stay, I believe dividend growth stocks are likely to outperform,” says Denise Chisholm, director of quantitative market strategy for Fidelity. Her research,… Continue reading 12 of Wall Street’s Newest Dividend Stocks | Kiplinger
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