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US SEC charges IT services firm DXC for 'misleading' non-GAAP disclosures
By Reuters - 18 minutes ago WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it charged IT services firm DXC Technology with making misleading disclosures about its non-GAAP... Albertsons, Kroger to divest some stores ahead of merger By Reuters - 3 minutes ago (Reuters) - Albertsons Companies Inc said on Tuesday it would divest some stores owned by the company and Kroger (NYSE:KR) Co to obtain the regulatory clearance needed to go ahead... Southwest eyes rival United's service provider to bolster its operations By Reuters - 4 minutes ago CHICAGO (Reuters) - Southwest Airlines (NYSE:LUV) Co is tapping a software company called SureWeather, which rival United Airlines employs, to make its winter operations more... SentinelOne reports Q4 beat, shares down 3% on 2024 revenue guidance miss By Investing.com - 10 minutes ago By Davit Kirakosyan SentinelOne (NYSE:S) shares fell more than 3% after-hours despite the company reporting better-than-expected Q4 results, with EPS of ($0.13), compared to the... Investors tiptoe back into US bank stocks, regulators probe SVB collapse By Reuters - 13 minutes ago 3By Chris Prentice (Reuters) - Bruised U.S. bank stocks regained some ground on Tuesday, as a sell-off sparked by Silicon Valley Bank's collapse gave way to bargain-hunting by... Wall Street ends green as inflation cools, bank jitters ebb By Reuters - 17 minutes ago 54By Stephen Culp NEW YORK (Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled... Microsoft-backed OpenAI starts release of powerful AI known as GPT-4 By Reuters - 18 minutes ago By Jeffrey Dastin (Reuters) -The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for... GM extends production halt at Mexico truck plant over supply chain issue By Reuters - 19 minutes ago By David Shepardson (Reuters) -General Motors said on Tuesday its Silao Assembly Plant in Mexico that makes Chevrolet and GMC pickup trucks will extend a production halt through... Dust settles on SVB bank share rout, contagion fears recede to background By Reuters - 44 minutes ago 2LONDON/NEW YORK (Reuters) - The health of the global banking sector as interest rates rise remained in the spotlight on Tuesday but investors appeared to take heart that the risk... Tyson Foods to shut two US chicken plants with nearly 1,700 workers By Reuters - 48 minutes ago By Tom Polansek CHICAGO (Reuters) -Tyson Foods Inc will close two U.S. chicken plants with almost 1,700 employees on May 12, the company said on Tuesday. The closures show the... BioXcel's OnkosXcel Therapeutics Files for Proposed IPO By Investing.com - 48 minutes ago OnkosXcel Therapeutics, LLC (“OnkosXcel”) today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange... Deutsche Bank cuts price target on Charles Schwab, liquidity risk fears calming but 2023 EPS impact is significant By Investing.com - 50 minutes ago 1By Davit Kirakosyan Deutsche Bank lowered the price target on Charles Schwab (NYSE:SCHW) to $83.00 from $109.00 while maintaining a Buy rating. The company reported February... Stock market today: Dow adds 300 points as bank rally fueled bets on Fed move By Investing.com - 54 minutes ago 14By Liz Moyer Investing.com -- U.S. stocks ended higher as a rally in bank stocks put aside worries that the trouble in the banking sector would wind up becoming a contagion. At... DirecTV sues Nexstar, station owners over retransmission fees By Reuters - 1 hour ago By Jacqueline Thomsen (Reuters) -Satellite provider DirecTV on Tuesday sued Nexstar Media Group (NASDAQ:NXST) Inc and two other television station owners in Manhattan federal... Ohio sues Norfolk Southern over Feb. 3 train derailment By Reuters - 1 hour ago By David Shepardson (Reuters) -The state of Ohio sued Norfolk Southern (NYSE:NSC) Tuesday over the Feb. 3 derailment of a freight train that released over a million gallons of... Newmont Mining upgraded at Canaccord following the Q4 report By Investing.com - 1 hour ago By Davit Kirakosyan Canaccord Genuity upgraded Newmont Mining Corp. (NYSE:NEM) to Buy from Hold and raised its price target to $55 from $53 following the company's reported Q4/22... NatWest limits customers' crypto transfers, citing scam concerns By Reuters - 1 hour ago 1By Elizabeth Howcroft LONDON (Reuters) - Britain's NatWest has imposed new limits on the daily and monthly amount customers can send to cryptocurrency exchanges, seeking to... U.S. Treasury says record FDIC cash draw won't affect debt ceiling 'X-date' By Reuters - 1 hour ago 4(Reuters) -The Federal Deposit Insurance Corp said its withdrawal of a record $40 billion in U.S. Treasury Funds on Friday as it seized control of Silicon Valley Bank will not... Producer prices, retail sales, Adobe earnings: 3 things to watch By Investing.com - 1 hour ago By Liz Moyer Investing.com -- Stocks were clinging to gains with a half-hour of trading left in the session Tuesday, fueled higher by rallying bank stocks as worries about a... U.S. board to announce decision on Kansas City Southern acquisition deal By Reuters - 1 hour ago By David Shepardson WASHINGTON (Reuters) -The Surface Transportation Board said it plans to announce on Wednesday whether it will approve or reject Canadian Pacific (NYSE:CP)'s... U.S. State Department approves potential sale of tactical vehicles to Romania - Pentagon By Reuters - 1 hour ago WASHINGTON (Reuters) - The U.S. State Department has approved a possible sale of 95 Heavy Gun Carriers Joint Light Tactical Vehicles (JLTVs) and related equipment to Romania, the... Moody’s Cuts US Banking System to Negative After Lender Failures By Bloomberg - 1 hour ago (Bloomberg) -- Moody’s Investors Service cut its outlook for the US banking system to negative from stable, citing the run on deposits at Silvergate Capital (NYSE:SI) Corp., SVB... U.S. Treasury says bank stability actions have not changed debt ceiling 'X-date' By Reuters - 1 hour ago WASHINGTON (Reuters) - The U.S. Treasury's actions to protect depositors in failed banks SVB Financial and Signature Bank (NASDAQ:SBNY) will not affect the date on which the... US releases a third of electronics detained under China forced labor law, data showsBy Reuters - 1 hour ago 1By Nichola Groom (Reuters) - U.S. customs officials have released more than a third of the electronic equipment, including solar panels, detained since last year under a new law... Shares of US regional banks up in bounce after SVB-fueled rout By Reuters - 1 hour ago 1By Medha Singh and Chuck Mikolajczak (Reuters) -Shares of U.S. regional banks rose on Tuesday after tumbling by double-digit percentages over the past several days in the wake of... US airline CEOs play down demand concerns after United's dour forecast By Reuters - 2 hours ago By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) -U.S. airlines on Tuesday tried to reassure investors about the strength of travel demand, a day after United... EBay slams 'alarming' Meta subpoena in FTC monopoly case By Reuters - 2 hours ago By Mike Scarcella (Reuters) - E-commerce platform eBay Inc (NASDAQ:EBAY) on Monday asked a U.S. judge to block a bid by Meta Platforms Inc (NASDAQ:META) for testimony from an eBay... Global equities gain, as rising bond yields pressure gold By Reuters - 2 hours ago 1By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) - Global shares stemmed a five-session rout on Tuesday as bank shares rebounded and key U.S. inflation data was in... Buttigieg says recent U.S. aviation close calls 'deeply troubling' By Reuters - 2 hours ago 1WASHINGTON (Reuters) - U.S. Transportation Secretary Pete Buttigieg told airlines and others on Tuesday that a series of aviation close calls were "deeply troubling and deserve... Citadel, other funds seek bargains in smaller banks after sell-off By Reuters - 2 hours ago 2By Svea Herbst-Bayliss and Carolina Mandl (Reuters) -Hedge funds including Citadel have bought shares in smaller banks after a sell-off sparked by the failure of Silicon Valley... How SVB Financial Group imploded in two days By Reuters - 2 hours ago (Reuters) - The swift downfall of SVB Financial Group after rising interest rates brought on a tumultuous period for once high-flying technology startups has impaired virtually... US options traders bet on near-term recovery as bank stocks rebound By Reuters - 2 hours ago By Saqib Iqbal Ahmed NEW YORK (Reuters) -Traders in the U.S. equity options market on Tuesday were betting on a near-term rebound in the battered shares of U.S. banks after the... AMC tumbles as shareholders approve plan to convert APE preferreds By Reuters - 2 hours ago 1(Reuters) -Shares of AMC Entertainment (NYSE:AMC) Holdings Inc tumbled about 17% on Tuesday after shareholders voted in favor of converting the company's preferred stock into... Novo Nordisk to slash US insulin prices, following move by Eli Lilly By Reuters - 2 hours ago 1By Patrick Wingrove and Bhanvi Satija (Reuters) - Novo Nordisk (NYSE:NVO) said on Tuesday it would cut U.S. list prices for several insulin products by up to 75% next year,... Meta to cut 10,000 jobs in second round of layoffs By Reuters - 2 hours ago 3By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce a...
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