Market updates

Schwab Missed Red Flags in Gold Bar Scam That Cost Elderly Woman $278K, Lawsuit Claims
September 11, 2024 05:25 AM AEST| By EODHDThe 92-year-old allegedly fell victim to an impersonation scam earlier this year and Schwab missed “numerous” warning signs, including frequent wire transfers out of her Schwab accounts, according to...

REA Group makes initial takeover offer for UK property giant Rightmove, Bloomberg News reports
September 11, 2024 05:17 AM AEST| By EODHDRupert Murdoch-owned property listings firm REA Group has made an initial takeover offer for Britain's Rightmove , Bloomberg News reported on Tuesday citing people familiar with the matter.

Morgan Stanley Turns Sharp Corner; Profits Climbing
September 11, 2024 04:53 AM AEST| By EODHDA Relative Strength Rating upgrade for Morgan Stanley shows improving technical performance. Will it continue? Continue reading View comments

SalMar - Issuance of Commercial Paper
September 11, 2024 04:51 AM AEST| By EODHDSalMar ASA SalMar ASA (rated BBB+ by Nordic Credit Rating) has issued a new commercial paper of NOK 500,000,000. Issue date: 13 September 2024 Maturity date: 13 March 2025 Coupon: 5.13 % p.a. Manager:...

Keurig Dr Pepper Said Its K-Cups Could Be Recycled. Not So, Says SEC
September 11, 2024 04:45 AM AEST| By EODHDKeurig Dr Pepper has agreed to pay a civil penalty to settle U.S. Securities and Exchange Commission charges over claims made by the beverage company that its single-serve pods, or K-Cups, could be “e...

How Amazon Stock Passed Alphabet as 4th Largest in S&P 500 With an Assist From Oracle
September 11, 2024 04:14 AM AEST| By EODHDAmazon stock was rising on Tuesday, just enough to maintain its place as the S&P 500’s fourth-largest company by market value after overtaking Alphabet on Monday. With Monday’s move, Amazon passed Alp...

Meta Stock Is a Better AI Bet Than Nvidia, Analyst Says
September 11, 2024 03:37 AM AEST| By EODHDDA Davidson analysts say Facebook’s parent Meta exemplifies the benefits of being led by its founder more than any other mega cap—even Nvidia. Continue reading View comments

Morgan Stanley’s Turowski Leaves Asia for Global Banking Role
September 11, 2024 03:26 AM AEST| By EODHD(Bloomberg) -- Dieter Turowski, Morgan Stanley’s chairman of investment banking for Asia-Pacific, will move to the US for a new position as global vice chairman of the division and adviser to the bigg...

Two Delta planes collide on an Atlanta taxiway, knocking the tail off one
September 11, 2024 03:05 AM AEST| By EODHDATLANTA (AP) — Two Delta Air Lines planes collided on a taxiway at Atlanta's airport Tuesday morning, with a larger plane knocking over the tail of a smaller regional jet. No injuries were reported an...

Ally Financial Warns Borrowers Are Struggling From Inflation and Jobs Slowdown; Stock Drops
September 11, 2024 02:30 AM AEST| By EODHDAlly Financial’s chief financial officer, Russ Hutchinson, said Tuesday that the bank’s cohort of borrowers are struggling with high cost of living, inflation and a weakening employment environment. “...

HPE Stock Is the Worst Performer in the S&P 500 Tuesday
September 11, 2024 02:27 AM AEST| By EODHDHewlett Packard Enterprises shares slid after the company announced an offering for $1.35 billion of preferred shares to help pay for the acquisition of Juniper Networks. Continue reading View comment...

Public Storage Balance Sheet 'Underlevered,' 3rd-Party Management Segment to Take Time, RBC Says
September 11, 2024 02:22 AM AEST| By EODHDPublic Storage Balance Sheet 'Underlevered,' 3rd-Party Management Segment to Take Time, RBC Says

US regulators probe Delta ground accident at Atlanta airport
September 11, 2024 02:10 AM AEST| By EODHD(Corrects to "no reported injuries" in paragraph 3) By David Shepardson (Reuters) -Delta Air Lines said on Tuesday the wing of one of its planes struck a regional jet while taxiing for departure at At...

Electric Vehicle Charging Incentives Available for Some N.J. Residents
September 11, 2024 02:09 AM AEST| By EODHDJCP&L incentives help offset costs of preparations for charger installation HOLMDEL, N.J., Sept. 10, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE:...

Southern California Edison and Ford Team Up to Reward Electric Vehicle Customers for Supporting the Grid
September 11, 2024 02:04 AM AEST| By EODHDFord becomes first major automaker in the U.S. to participate in Emergency Load Reduction Program that compensates car owners for assisting the grid during peak periods of energy demand ROSEMEAD, Cali...

Oracle 'alive and well' amid new partnership with Amazon Web Services
September 11, 2024 02:00 AM AEST| By EODHDAfter more than a decade of competition, Amazon Web Services (AMZN) is changing course on Oracle (ORCL). On Wednesday, AWS announced a partnership with Oracle that will allow customers to access Oracl...

Update: Under Armour Shares Decline Amid Increased Pretax Restructuring Charge Estimates
September 11, 2024 01:59 AM AEST| By EODHDUpdate: Under Armour Shares Decline Amid Increased Pretax Restructuring Charge Estimates

Adobe Could Return to Mid-Teens Growth Due to Generative AI, Morgan Stanley Says
September 11, 2024 01:52 AM AEST| By EODHDAdobe Could Return to Mid-Teens Growth Due to Generative AI, Morgan Stanley Says

Update: Centamin Surges 19% as it Agrees to a US$2.5-Billion Acquisition Offer from AngloGold Ashanti
September 11, 2024 01:44 AM AEST| By EODHDUpdate: Centamin Surges 19% as it Agrees to a US$2.5-Billion Acquisition Offer from AngloGold Ashanti

Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry
September 11, 2024 01:31 AM AEST| By EODHDShares of Rubrik fell more than 6% on Tuesday, as the markets braced for the expiry of a lockup period tied to its initial public offering, clouding the Microsoft-backed cybersecurity company's upbeat...
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