These are the stocks posting the largest moves in midday trading Wednesday, Nov. 23.
Schlagwort-Archiv: CNBC
Citigroup faulted by U.S. banking regulators for poor data management in ‚living will‘ review
The biggest U.S. banks have to submit plans to regulators that explain how they can be unwound in the event of bankruptcy, part of reforms from the 2008 crisis.
Stocks making the biggest moves premarket: Deere, HP, Nordstrom and others
These are the stocks posting the largest moves before the bell.
Credit Suisse shareholders greenlight $4.2 billion capital raise
Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc ($4.2 billion) capital raise aimed at financing the embattled lender’s massive strategic overhaul.
Credit Suisse projects $1.6 billion fourth-quarter loss as it embarks on strategy overhaul
Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul.
CME Group CEO calls Bankman-Fried ‚an absolute fraud,‘ says he saw trouble months before FTX collapse
CME Group chairman and CEO Terry Duffy suspected corruption at crypto exchange the day of his first one-on-one meeting with founder Sam Bankman-Fried.
China may have ‚passed the point of no return‘ as Covid infections soar
Surging Covid infections make it harder for China to achieve zero-Covid without reverting to a harsh lockdown, Macquarie’s Chief China Economist Larry Hu said.
HP laying off 4,000-6,000 employees globally over the next three years
HP shares moved higher after management announced another wave of job cuts, which come as the company faces steeper revenue declines in PCs and printers.
Best Buy shares surge after retailer sticks with its holiday-quarter outlook
Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results.
Singapore’s PropertyGuru slips back into the red with $5.3 million net loss for the third quarter
„Even with short term macro headwinds, we remain bullish on the long term prospects for PropertyGuru,“ said Joe Dische, the group’s CFO.