The European Commission, the EU’s executive arm, has found seven investment banks guilty of breaching its antitrust rules during the 2008 global financial crisis.
Archiv für den Monat: Mai 2021
Stocks making the biggest moves in the premarket: Virgin Galactic, Kohl’s, Cisco Systems & more
The stocks making the biggest moves in premarket trading include Virgin Galactic, Kohl’s, Cisco Systems
Kohl’s shares tumble despite the retailer’s strong sales beat and hiked outlook
CEO Michelle Gass said momentum built throughout the quarter, especially in Kohl’s stores.
Petco swings to a profit and boosts forecast, citing customer growth, but shares fall
Petco reported first-quarter earnings that beat expectations for earnings and revenue, and the company raised its forecast for the rest of the year.
Cisco returns to growth but disappoints on earnings guidance
An extra week in the quarter helped boost Cisco’s results, which showed a rise compared with the beginning of the Covid pandemic in the U.S.
Victoria’s Secret parent L Brands posts larger-than-expected profit as retailer sells more full-price items
L Brands said it isn’t providing a forecast for the rest of the year because it is preparing to spin off its Victoria’s Secret business.
Target sales jump 23% as exclusive brands, curbside pickup draw in shoppers
The big-box retailer said it is benefiting from the reopening economy and busier social calendars, which are prompting consumers to shop.
ForexLive European FX news wrap: Steadier tones with a sense of trepidation
Forex news from the European trading session – 20 May 2021
Headlines:
Markets:
– CHF leads, USD lags on the day
– European equities higher; S&P 500 futures down 0.2%
Headlines:
Markets:
– CHF leads, USD lags on the day
– European equities higher; S&P 500 futures down 0.2%
US futures keep lower ahead of North American trading
Will dip buyers step back in once again later today?
European indices are slightly higher but that owes more to a catchup in the late bounce to US stocks yesterday rather than any positive sentiment.
European indices are slightly higher but that owes more to a catchup in the late bounce to US stocks yesterday rather than any positive sentiment.
UK May CBI trends total orders 17 vs 0 expected
Latest data released by CBI – 20 May 2021
– -8
– Trends selling prices 38
– Prior 27
UK factory orders jump to their highest since December 2017 as the reopening continues to fuel stronger economic prospects in Q2. That said, businesses continue to fear supply chain bottlenecks and that is leading to strong input/output price inflation.
– -8
– Trends selling prices 38
– Prior 27
UK factory orders jump to their highest since December 2017 as the reopening continues to fuel stronger economic prospects in Q2. That said, businesses continue to fear supply chain bottlenecks and that is leading to strong input/output price inflation.