Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
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Nike bonds sell off, mirroring the sneaker maker’s stock slide
There has been significantly more selling than buying in Nike’s bonds, although investment-grade spreads have hardly budged.MarketWatch - 27m -
Three-hundred-year-old Stradivarius violin sells for $11m in New York
Proceeds from sale of 1714 instrument will be used to fund scholarships for violinists at New England Conservatory. A Stradivarius violin crafted in 1714 sold for $11.25m (£9.1m) at a New York ...The Guardian - 45m -
Expedia’s stock rallies as Wall Street cheers the return of its dividend
For the first time since the COVID-19 pandemic, Expedia will pay out a quarterly dividend of 40 cents a share.MarketWatch - 1h -
Trump could stick it to Wall Street and Silicon Valley with this tax proposal
It’s not the first time Trump has backed eliminating the carried-interest “loophole.”MarketWatch - 2h -
Frontier Air’s stock rallies as its rosier outlook, new routes wow Wall Street
Frontier plans an expansion to cities such as Reno, Nev.; and Tuscan, Ariz.MarketWatch - 4h