“As a result of market instability … no third party has been able to make an offer that adequately reflects the high potential value of Boots,” Walgreens said. Updated at 9:43 am EST Walgreens Boots Read more…
Growth bets look set to overtake inflation concerns, at least for the moment, as stock futures react to some rare positive news on Covid from China. U.S. equity futures traded higher Tuesday, while the dollar Read more…
Where is Elon Musk? The CEO of Tesla has disappeared from social media since June 21, the date of his last tweets. This date also marks his last recorded presence on social networks. Normally two Read more…
Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group. Playtika Holding (PLTK) – Get Playtika Holding Corp. Report shares surged higher Tuesday following Read more…
In the financial markets, the demand for risky assets has done its baby steps in recovery. The currency market recently has been moving in small increments, but straightforwardly, selling off the dollar against most developed Read more…
The Australian dollar is in positive territory on Tuesday. AUD/USD is trading at 0.6944 in European trade, up 0.28% on the day. Retail sales expected to soften Australia releases retail sales for May on Wednesday. Read more…
Although the Euro stands at the front foot and continues to attempt higher, the recovery remains questioned, as thick daily cloud continues to limit the action for the sixth straight day, while falling 55 DMA Read more…
“We think we’re well positioned for growth in fiscal year 2023 … having said that, we did take a cautious approach to Greater China,” said CFO Matthew Friend. Nike (NKE) – Get Nike Inc. Report shares Read more…
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week’s Fed stress tests. Morgan Stanley (MS) – Get Morgan Stanley Report shares Read more…
Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental Read more…