Stock Market

UPDATE 2-News Corp shareholder T Rowe Price raises concerns over Fox merger - NYT

  • November 26, 2022 02:08 PM PST | Reuters
 UPDATE 2-News Corp shareholder T Rowe Price raises concerns over Fox merger - NYT

(Adds details about T Rowe Price objections in paragraphs 10-11, 12; Fox and News Corp declining to comment) Nov 25 (Reuters) - T. Rowe Price, a major shareholder in News Corp, said it had strong

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LIVE MARKETS-First the downshift, then the pause, then the pivot, then the party

LIVE MARKETS-First the downshift, then the pause, then the pivot, then the party

  • November 16, 2022 03:48 AM PST | Reuters

* Main U.S. indexes advance: Nasdaq up ~2.5% * All S&P 500 sectors green: comm svcs leads * Euro STOXX 600 index up ~0.2% * Dollar down; gold edges lower; crude, bitcoin gain * U.S. 10-Year Treasury

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UPDATE 1-Hedge Fund TCI urges Alphabet to cut costs

UPDATE 1-Hedge Fund TCI urges Alphabet to cut costs

  • November 16, 2022 03:45 AM PST | Reuters

(Adds details, background) Nov 15 (Reuters) - Activist investor TCI Fund Management on Tuesday called on Alphabet to cut costs and take aggressive action, saying the Google parent has too many

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Hedge Fund TCI says Alphabet cost base 'too high'

Hedge Fund TCI says Alphabet cost base 'too high'

  • November 16, 2022 03:30 AM PST | Reuters

(Reuters) - Activist investor TCI Fund Management has called on Alphabet Inc to cut costs by lowering its headcount and reduce losses in its self-driving unit Waymo, saying the Google parent needs to

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BRIEF-Palisade Bio Announces Reverse Stock Split

BRIEF-Palisade Bio Announces Reverse Stock Split

  • November 16, 2022 03:20 AM PST | Reuters

Nov 15 (Reuters) - Palisade Bio Inc: * PALISADE BIO ANNOUNCES REVERSE STOCK SPLIT * PALISADE BIO INC- ANNOUNCED A 1-FOR-50 REVERSE SPLIT OF ITS COMMON STOCK, PAR VALUE $0.01 Source text for Eikon:

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BRIEF-TCI Fund Says Cost Base Of Alphabet Is Too High And Management Needs To Take Aggressive Action- Letter

BRIEF-TCI Fund Says Cost Base Of Alphabet Is Too High And Management Needs To Take Aggressive Action- Letter

  • November 16, 2022 03:19 AM PST | Reuters

Nov 15 (Reuters) - * TCI FUND SAYS COST BASE OF ALPHABET IS TOO HIGH AND MANAGEMENT NEEDS TO TAKE AGGRESSIVE ACTION - LETTER * TCI FUND MANAGEMENT - ALPHABET HAS TOO MANY EMPLOYEES AND THE COST PER

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MEDIA-Forbes Media in talks to sell to consortium of investors including India's SUN Group and GSV Ventures- Axios

MEDIA-Forbes Media in talks to sell to consortium of investors including India's SUN Group and GSV Ventures- Axios

  • November 16, 2022 03:11 AM PST | Reuters

-- Source link: https://bit.ly/3TEb1pq -- Note: Reuters has not verified this story and does not vouch for its accuracy

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Fed's Barr: Concerned about non-bank risks, including crypto, that can 'blow back' on system

Fed's Barr: Concerned about non-bank risks, including crypto, that can 'blow back' on system

  • November 16, 2022 03:11 AM PST | Reuters

By Ann Saphir and Dan Burns (Reuters) -Michael Barr, the Federal Reserve's top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector, including

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Fed's Bostic says tighter monetary policy hasn't dented inflation yet

Fed's Bostic says tighter monetary policy hasn't dented inflation yet

  • November 16, 2022 03:07 AM PST | Reuters

By Ann Saphir (Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday he sees little evidence that the U.S. central bank's aggressive monetary policy tightening is slowing

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LIVE MARKETS-UK power generators: sell the news after budget?

LIVE MARKETS-UK power generators: sell the news after budget?

  • November 16, 2022 03:00 AM PST | Reuters

* Main U.S. indexes advance, but off best levels: Nasdaq up ~2.1% * Cons disc leads S&P 500 sector gainers; energy sole loser * Euro STOXX 600 index up ~0.3% * Dollar, crude fall; gold ~flat; bitcoin

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Global stocks rally, dollar drops as U.S. inflation data spurs optimism

Global stocks rally, dollar drops as U.S. inflation data spurs optimism

  • November 16, 2022 02:59 AM PST | Reuters

By Herbert Lash NEW YORK (Reuters) - Stocks rose and the dollar fell on Tuesday after data provided new signs U.S. inflation was peaking, but markets were rattled by media reports that said Russian

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