Wednesday, April 1, 2020

U.S. interest positive for Ericsson, says top owner Cevian

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U.S. interest positive for Ericsson, says top owner Cevian
STOCKHOLM (Reuters) - U.S. interest in buying a stake in Ericsson <ERICb.ST> would be positive for the company, but any deal would have...

Asia Stocks Drop After Biggest Jump Since June: Markets Wrap

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Asia Stocks Drop After Biggest Jump Since June: Markets Wrap
(Bloomberg) -- Asian stocks retreated after their biggest daily jump since June, and U.S. futures slipped after Wall Street notched a fresh record...

Casper ends first trading day up nearly 13%, jumping over lowered...

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Casper ends first trading day up nearly 13%, jumping over lowered bar of expectations
Casper Sleep opened for trading on Thursday at $14.50 per share, a day after the mattress startup priced its initial public offering at...

WWE’s ‘Stone Cold’ Outlook Slams Shares to 21-Month Low

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WWE’s ‘Stone Cold’ Outlook Slams Shares to 21-Month Low
(Bloomberg) -- Continued hardships for World Wrestling Entertainment Corp. pushed shares to the lowest since May 2018 as the company’s financial outlook underscored...

OPEC Considers Oil Output Cut; Tesla Shuts Stores: Virus Update

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OPEC Considers Oil Output Cut; Tesla Shuts Stores: Virus Update
(Bloomberg) -- Beijing voiced anger as countries placed more restrictions on travelers from China to contain the coronavirus outbreak that has now claimed...

Global Stocks Rise Toward Record High, Oil Climbs: Markets Wrap

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Global Stocks Rise Toward Record High, Oil Climbs: Markets Wrap
(Bloomberg) -- Global stocks rose back within 1% of an all-time high on optimism the global economy will weather the hit from the...

Three Dead After Boeing 737-800 Splits Open on Landing in Turkey

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Three Dead After Boeing 737-800 Splits Open on Landing in Turkey
(Bloomberg) -- At least three people were killed when a Turkish jetliner broke apart after landing in wet weather in Istanbul.In addition, 179...

Tesla Mania Cools With Record 21% Plunge, Snapping Six-Day Rally

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Tesla Mania Cools With Record 21% Plunge, Snapping Six-Day Rally
(Bloomberg) -- The incredible six-day, 60% rally in Tesla Inc. that left Wall Street watchers scratching their heads screeched to a halt Wednesday.The...

United buys Arizona flight academy to feed pilot pipeline

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If Democrats win 2020 election, markets could see 'significant correction,' Goldman says
By Tracy RucinskiCHICAGO, Feb 5 (Reuters) - United Airlines Holdings Inc announced on Wednesday an agreement to purchase a flight training academy in...

Equities Gain on Virus Treatment Hope; Bonds Fall: Markets Wrap

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Equities Gain on Virus Treatment Hope; Bonds Fall: Markets Wrap
(Bloomberg) -- Want the lowdown on what's moving Asia’s markets in your inbox every morning? Sign up here.Stocks rallied globally and bonds slipped amid...

Singapore Dollar Tumbles After MAS Flags Scope for Decline

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Singapore Dollar Tumbles After MAS Flags Scope for Decline
(Bloomberg) -- Singapore’s central bank said there’s room within its exchange-rate band to accommodate some weakness in the currency to counter the coronavirus...

Tesla rally fueled by fear of missing out, not short squeeze

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Tesla rally fueled by fear of missing out, not short squeeze - investors
By April JoynerNEW YORK (Reuters) - A nearly 14% gain in Tesla Inc's stock on Tuesday was likely sparked by investors looking to...

Saudi Fund Sold Almost All of Tesla Holding Last Quarter

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Saudi Fund Sold Almost All of Tesla Holding Last Quarter
(Bloomberg) -- Saudi Arabia’s sovereign-wealth fund sold almost all of its Tesla Inc. shares last quarter, nearly exiting what had been one of...

Stocks Climb Globally After Halt in China Sell-Off: Markets Wrap

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Stocks Climb Globally After Halt in China Sell-Off: Markets Wrap
(Bloomberg) -- U.S. equity futures jumped with European stocks after a brutal sell-off in Chinese equities halted on Tuesday and as investors gauged...

Hong Kong Death Reported as China Cases Top 20,000: Virus Update

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Hong Kong Death Reported as China Cases Top 20,000: Virus Update
(Bloomberg) -- Sign up for Next China, a weekly email on where the nation stands now and where it's going next.A death from...

Alphabet Misses Wall Street Sales Targets; YouTube Disappoints

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If Democrats win 2020 election, markets could see 'significant correction,' Goldman says
(Bloomberg) -- Alphabet Inc. reported quarterly revenue that missed analysts’ estimates, and new sales numbers on YouTube also disappointed Wall Street, sending the...

How to Retire By 40 According to People Who Have Done...

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If Democrats win 2020 election, markets could see 'significant correction,' Goldman says
Before the FIRE ("financial independence, retire early") movement invaded the U.S., before there were iPhones, before there was even the internet (gasp!), Billy...

I'm 58 and have no retirement savings. Is my financial life...

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Here's the grade most Americans give themselves for retirement readiness
Dear Pete,I’m 58 and for the first time ever, retirement seems real to me. The problem is, I don’t have any money. I...

China Oil Demand Has Plunged 20% Because of the Virus Lockdown

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China Oil Demand Has Plunged 20% Because of the Virus Lockdown
(Bloomberg) -- Chinese oil demand has dropped by about three million barrels a day, or 20% of total consumption, as the coronavirus squeezes...

Asia Stocks Set to Drop as China Traders Return: Markets Wrap

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Asia Stocks Set to Drop as China Traders Return: Markets Wrap
(Bloomberg) -- Asia traders braced for the reopening of mainland Chinese markets on Monday, with stocks set for further declines as the deadly...

China’s $22 Billion Injection May Help Ease Global Market Rout

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China’s $22 Billion Injection May Help Ease Global Market Rout
(Bloomberg) -- A $22 billion injection into Chinese markets won’t be enough to prevent the country’s stocks and currency falling on Monday, but...

Florida tech billionaire to auction off his waterside Coral Gables mansion

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What makes the six-bed, six-bath home truly special is its access to the water. Photo by: Compass.
Most homes have a driveway. This one has a canal, leading straight to the Atlantic Ocean. Tech billionaire Manuel Medina has already moved to...

First Person Outside of China Dies in Philippines: Virus Update

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First Person Outside of China Dies in Philippines: Virus Update
(Bloomberg) -- A 44-year-old man from Wuhan died in the Philippines on Saturday as a result of coronavirus, the first known death outside...

Stocks That Fell to 3-Year Lows in the Week of Jan....

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If Democrats win 2020 election, markets could see 'significant correction,' Goldman says
HSBC Holdings PLC (NYSE:HSBC), Walgreens Boots Alliance Inc. (NASDAQ:WBA), DuPont de Nemours Inc. (NYSE:DD) and Gilead Sciences Inc. (NASDAQ:GILD) have declined to their...