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Financial News Around the World

Category: Finance News

May retail sales rise 0.1%, weaker than expected

Retail sales were expected to rise 0.2% in May, according to the Dow Jones consensus estimate.

Published 18 June 2024
Categorised as Finance News

Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%

The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday.

Published 18 June 2024
Categorised as Finance News

Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’

Bank CEOs have said the Basel III Endgame capital increases are unnecessarily aggressive and would force the industry to curtail lending.

Published 18 June 2024
Categorised as Finance News

Stocks making the biggest moves premarket: La-Z-Boy, NextEra Energy, Kroger, Lennar and more

These are the stocks posting the largest moves in premarket trading.

Published 18 June 2024
Categorised as Finance News

GameStop drops more than 12%, hits session lows after annual meeting fails to offer details on firm’s strategy

The meme stock fell more than 14% around, as its rescheduled shareholder event wrapped up with no detailed remarks about the company’s strategies.

Published 17 June 2024
Categorised as Finance News

Stocks making the biggest moves midday: Autodesk, Broadcom, AMC Networks, Virgin Galactic and more

These are the stocks posting the largest moves in midday trading.

Published 17 June 2024
Categorised as Finance News

Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%

Warren Buffett’s conglomerate has sold an additional 1.3 million Hong Kong-listed shares of BYD for $39.8 million, according to a filing.

Published 17 June 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Best Buy, Toll Brothers, Autodesk and more

These are some of the stocks posting the largest moves in premarket trading.

Published 17 June 2024
Categorised as Finance News

Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure

Autodesk has been under deep scrutiny over an accounting scandal that led to the resignation of its CFO over potentially inflated financial metrics.

Published 17 June 2024
Categorised as Finance News

Japan did it first. Chinese stocks with some of the biggest global upside

If the international expansion of Japanese companies is any guide, Chinese companies still have significant potential left in the global market.

Published 16 June 2024
Categorised as Finance News

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