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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.17%
By Investing.com - 4 minutes ago Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Technology, Consumer Services and Financials sectors led shares higher. At the close in NYSE,... BofA cuts Virgin Galactic price target on reduced expected flight volumes By Investing.com - 10 minutes ago By Davit Kirakosyan BofA Securities cut its price target on Virgin Galactic Holdings Inc (NYSE:SPCE) to $3.00 from $4.00 while maintaining an Underperform rating due to reduced... DBRS Morningstar cuts Credit Suisse credit rating to 'BBB' By Reuters - 16 minutes ago (Reuters) -DBRS Morningstar became the first global rating agency to cut Credit Suisse's credit score on Thursday, less than a day after a major share price plunge saw... Duke Energy to start construction of floating solar pilot in Florida By Reuters - 17 minutes ago (Reuters) - Duke Energy Corp (NYSE:DUK) said on Thursday that its Florida unit would start construction of about 1 megawatt floating solar array pilot later this month in Polk... Astra seeks more time to boost stock above $1 to avert delisting By Reuters - 22 minutes ago By Joey Roulette WASHINGTON (Reuters) - Astra Space this week asked Nasdaq for more time to bring its stock price above $1 to avoid being delisted from the U.S. stock exchange,... FedEx raises fiscal 2023 earnings forecast, shares soar By Reuters - 28 minutes ago By Lisa Baertlein and Kannaki Deka (Reuters) -FedEx Corp on Thursday raised its fiscal 2023 profit forecast, citing progress on its plan to shave $3.7 billion in costs from the... Anger as French government pushes through pension change without vote By Reuters - 37 minutes ago By Elizabeth Pineau and Ingrid Melander PARIS (Reuters) -French Prime Minister Elisabeth Borne used a special procedure to push an unpopular pensions bill through the National... U.S. FTC asks social media, video streaming firms info on misleading ads By Reuters - 38 minutes ago (Reuters) - The U.S. Federal Trade Commission (FTC) on Thursday issued orders to eight social media and video streaming firms including Meta Platforms Inc (NASDAQ:META), Twitter,... United States Steel shares gain 4% on Q1 guidance beat By Investing.com - 43 minutes ago By Davit Kirakosyan United States Steel Corporation (NYSE:X) shares surged more than 4% after-hours following the company’s better-than-expected Q1/23 guidance. Q1 adjusted EBITDA... FedEx lifts guidance after delivering big earnings beat in Q3 By Investing.com - 44 minutes ago By Yasin Ebrahim Investing.com -- FedEx lifted its guidance Thursday after reporting third-quarter earnings that markedly beat expectations as its ongoing efforts to cut costs... BofA, JPMorgan lead bank group to infuse First Republic with $30B in deposits By Investing.com - 48 minutes ago By Scott Kanowsky and Liz Moyer Investing.com -- JPMorgan Chase & Co (NYSE:JPM) and Bank of America Corp (NYSE:BAC) lead a group of big banks injecting a dose of confidence in... Large banks lead by Bofa, JPMorgan infuse First Republic with $30B in deposits By Investing.com - 57 minutes ago By Scott Kanowsky Investing.com -- JPMorgan Chase & Co (NYSE:JPM) and Bank of America Corp (NYSE:BAC) lead a group of big banks injecting a dose of confidence in First Republic... Wall Street closes higher as First Republic helps lift banks By Reuters - 58 minutes ago By David Carnevali NEW YORK (Reuters) - A strong rebound by financials helped Wall Street's main indexes close firmly positive on Thursday, after some of the country's largest... Microsoft unveils AI office Copilot in fast-moving race with Google By Reuters - 1 hour ago By Jeffrey Dastin (Reuters) -Microsoft Corp on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings... US regulators say deposits into First Republic Bank show system's resilience By Reuters - 1 hour ago WASHINGTON (Reuters) - Federal regulators and the Treasury Department on Thursday welcomed a decision by 11 larger banks to deposit $30 billion into regional bank First Republic... Stock market today: Dow rallies as major banks race to rescue First Republic By Investing.com - 1 hour ago By Yasin Ebrahim Investing.com -- The Dow closed higher Thursday, as reports major Wall Street banks pledged billions to rescue First Republic Bank , bringing calm to markets... U.S. State Department approves potential sale of Tomahawk missiles to Australia -Pentagon By Reuters - 1 hour ago (Reuters) -The U.S. State Department has approved the potential sale of Tomahawk cruise missiles to Australia in a deal valued at up to $895 million, the Pentagon said on... Consumer sentiment, quarterly convergence, superhero debut: 3 things to watch By Investing.com - 1 hour ago By Liz Moyer Investing.com -- U.S. stocks surged in late trading after a group of large banks organized to bolster First Republic Bank (NYSE:FRC), whose stock had been pounded in... FDA advisers back Pfizer's COVID treatment for full approval By Reuters - 1 hour ago By Leroy Leo and Khushi Mandowara (Reuters) -Advisers to the U.S. Food and Drug Administration on Thursday overwhelmingly backed full approval of Pfizer (NYSE:PFE)'s oral... JMP Securities continues to view Amazon and Etsy as the best e-commerce stocks to own By Investing.com - 1 hour ago By Davit Kirakosyan JMP Securities said it continues to view Amazon (NASDAQ:AMZN) and Etsy (NASDAQ:ETSY) as the best stocks to own in its coverage, given their robust platforms... First Republic Bank gets $30 billion in deposits from big banks By Reuters - 1 hour ago (Reuters) -First Republic Bank has received $30 billion in deposits from several big banks, the banks said in a statement on Thursday, as part of a rescue package for the lender.... U.S. State Department approves potential sale of Hellfire missiles to Poland - Pentagon By Reuters - 2 hours ago WASHINGTON, (Reuters) - The U.S. State Department has approved the potential sale of AGM-114R2 Hellfire missiles and related equipment for an estimated cost of $150 million, the... Mullen releases statement claiming to be on track for deliveries; Shares remain near 52-week low By Investing.com - 2 hours ago By Michael Elkins Mullen Automotive Inc (NASDAQ:MULN) CEO David Michery released a statement on Thursday addressing recent investor concerns. The company’s stock is down by over... Credit Suisse sued by US shareholders over finances, controls By Reuters - 2 hours ago By Jonathan Stempel (Reuters) -U.S. shareholders of Credit Suisse Group AG sued the Swiss bank on Thursday, claiming that the bank defrauded them by concealing problems with its... US CFTC to give pass over certain swap reporting failures tied to SVB, Signature Bank contracts By Reuters - 2 hours ago WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission on Wednesday said it would give a pass to firms that cannot meet certain swap reporting requirements following... Exclusive-California bank PacWest Corp in talks to get liquidity boost -sourcesBy Reuters - 3 hours ago By Anirban Sen and David French NEW YORK (Reuters) -PacWest Corp is in talks about a liquidity boost with Atlas (NYSE:ATCO) SP Partners and other investment firms, people familiar... FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say By Reuters - 3 hours ago (Reuters) - Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management... Blink wins USPS contract to provide EV charging stations and network services By Investing.com - 3 hours ago By Michael Elkins Electric vehicle charging company, Blink Charging Co (NASDAQ:BLNK) announced Thursday that they have been awarded an IDIQ contract by the United States Postal... Midday movers: First Republic, Snap, Adobe and more By Investing.com - 3 hours ago By Liz Moyer Investing.com -- Stocks were rising on Thursday as fears about a bank contagion subsided amid talks of a deal to shore up First Republic. Here are the midday movers... Germany stocks higher at close of trade; DAX up 1.57% By Investing.com - 3 hours ago Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Software, Utilities and Media sectors led shares higher. At the close in Frankfurt, the DAX... Stellantis launches first tranche of buyback program By Investing.com - 3 hours ago By Michael Elkins Stellantis NV (NYSE:STLA) announced Thursday that the automaker, pursuant to its share buyback program announced on February 22, has signed a share buyback... France stocks higher at close of trade; CAC 40 up 2.03% By Investing.com - 3 hours ago Investing.com – France stocks were higher after the close on Thursday, as gains in the Gas & Water, General Financial and Foods & Drugs sectors led shares higher. At the close in... Canada should support startups after SVB collapse, says lobby group By Reuters - 3 hours ago TORONTO (Reuters) - A lobby group for Canada's venture capital and private equity funds is asking Prime Minister Justin Trudeau's government to provide emergency financing to help... Exclusive-Credit Suisse tells staff SNB facility does not trigger a 'viability' event By Reuters - 3 hours ago By Selena Li (Reuters) - Credit Suisse Group AG told staff on Thursday that the emergency backstop from the Swiss central bank does not trigger a "viability event," according to... Telsey upgrades Foot Locker to Outperform; Sees investor day as catalyst By Investing.com - 3 hours ago By Michael Elkins Telsey Advisory Group upgraded Foot Locker (NYSE:FL) to an Outperform rating (from Market Perform) and raised the price target on the stock to $50.00 (from...
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