These are the stocks posting the largest moves in midday trading.
Schlagwort-Archiv: Financial
This portfolio manager’s frugality and eye for income protected her fund from the worst of 2022’s tumult
Ramona Persaud manages the Fidelity Equity-Income Fund (FEQIX). The fund posted a total return of -5.07% in 2022, avoiding the worst of last year’s turmoil.
Here’s why travel to Europe is no longer a ’screaming, bargain-basement‘ deal
Last year, the euro and U.S. dollar hit parity for the first time since 2002. The dollar has since weakened, and purchases have gotten pricier for Americans.
Australian regulator cancels Binance’s license at exchange’s own request
Facing a probe from the Australian Securities & Investments Commission, Binance asked the regulator to cancel its derivatives license.
March’s banking chaos gave short sellers their biggest profits since the financial crisis
Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares last month, according to data firm Ortex.
Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more
These are the stocks posting the largest moves in early trading.
Western Alliance shares cut losses after the bank says deposit outflows are stabilizing
Shares of Western Alliance Bancorp cut steep losses after the regional bank gave a new update showing deposit outflows stabilizing amid the banking crisis.
Stocks making the biggest moves premarket: Johnson & Johnson, FedEx, Zions and more
FedEx’s shares gained more than 2% before the bell after announcing a dividend hike and a corporate reorganization.
Women are paid less than two thirds of men’s earnings at several UK banks, new analysis finds
The U.K. finance sector made minimal headway in closing the gender pay gap last year, with some banks stalling — or even undoing — progress.
Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
FINMA and the Swiss central bank brokered UBS‘ takeover for embattled Zurich rival Credit Suisse for 3 billion Swiss francs ($3.3 billion), in a deal announced on March 19.