Market Extra Value Stocks Trounce Growth Equities in 2022 by Historically Wide Margin
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A reformed stock market would unleash Britain’s growth
Keeping growth companies onshore would boost the FTSE and the UK economyFinancial Times - World -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.MarketWatch - Business -
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.CNBC - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Jim Cramer's top 10 things to watch in the stock market Thursday
Wall Street is looking lower, especially the Nasdaq on Meta Platforms' earnings-driven 15% slide and higher inflation data.CNBC - Business -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - World -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Jim Cramer's top 10 things to watch in the stock market Friday
Wall Street holds onto gains as rising bond yields take a breather Friday.CNBC - Business -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
What's News: World-Wide
What’s News: World-WideThe Wall Street Journal - World -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
How active ETFs could help investors navigate recent wild swings in the stock market
Signs of improving market breadth, beyond the tech giants, creates opportunities for the new wave of active exchange-traded funds.MarketWatch - Business -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
European equities are enjoying a 1990s revival
Market conditions are reminiscent of the soft landing that followed Alan Greenspan’s ‘Fed pivot’Financial Times - World -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Anglo American rejects ‘highly unattractive’ BHP offer
UK-listed company says Australian miner’s £31bn bid ‘significantly undervalues’ itFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
A historic 10 days for Joe Biden
This is the week it all came together, and President Biden showed why his experience and wisdom as a global leader keeps America strong.The Hill - Politics - Joe Biden -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - Business -
Meta value falls $190bn as investors react to plan to increase spending on AI
Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products. Business live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off ...The Guardian - World -
Buyout Shop GTCR's Take-Private Deal Values AssetMark at $2.7 Billion
The private-equity firm is buying out majority owner Huatai Securities, which acquired the wealth management company in 2016.The Wall Street Journal - World -
Macron demands greater European independence in wide-ranging speech
Yahoo News - World -
Sharks fire Quinn after historically woeful season
The Sharks have fired coach David Quinn after two rough seasons as part of a massive rebuilding project.ESPN - Sports -
Eagles star Brown gets historic $96M extension
The Eagles and A.J. Brown have agreed on a three-year, $96 million extension that includes $84 million guaranteed, his agent told ESPN's Adam Schefter.ESPN - Sports - NFL -
Biden approval rating mired at historic low: Gallup
President Biden’s approval rating average is lower than any other president in recent history at the same point in their time in the White House, new data on Friday found. The president averaged 38.7 percent job approval in his 13th quarter in ...The Hill - Politics - Joe Biden -
Photos of 2022 southern China floods passed off online as 2024 deluge
Yahoo News - World - China -
Iran sentences rapper Toomaj Salehi to death over 2022-23 unrest
An Iranian revolutionary court has sentenced one of the Islamic Republic's best known rappers, Toomaj Salehi, to death for charges linked to Iran’s 2022-23 unrest, according to his lawyer and state media.NBC News - Top stories - Iran -
A Turkish court sentences a Syrian woman to life in prison for a bombing in Istanbul in 2022
Turkey’s state-run news agency has reported that a court sentenced a Syrian woman to life in prison for a deadly explosion on a busy shopping district in Istanbul in 2022ABC News - World -
Shaquille O'Neal correctly predicts Heat upset over Celtics by exact margin
'Miami by 10 tonight,' Shaq said before the Heat's surprising 111-101 victoryCBS Sports - Sports -
Barclays chief calls for return of UK equity risk culture
British bank reports 13% decline in quarterly profits but still beats analysts’ expectationsFinancial Times - Business - United Kingdom