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Market News

Location American Market News for 13 January 2021

LSE's $15 Billion Refinitiv Deal Is Cleared by Regulator

Wall Street Journal - 13 Jan 2021 16:35
The approval of the deal by a key European regulator removes a hurdle in the LSE's bid to challenge other heavyweights offering financial data.
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Alibaba, Baidu, and Tencent were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support China's military, intelligence and security services.
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The purchase of chip startup Nuvia, founded by Apple engineers, comes amid a chip deal-making frenzy.
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Time To Exit Motorola Solutions Stock?

Forbes - 13 Jan 2021 13:30
Time To Exit Motorola Solutions Stock? Up 40% since March, we believe Motorola Solutions stock has potential downside of around 15% from its current levels. The company sells data communication and telecommunication equipment and its stock trades at $174 curr...
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Elon Musk Falls To World's Second Richest Person Just $200 million separates Jeff Bezos and Musk's respective fortunes.
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A new unit is being created, combining its high-end private bank for the ultrarich with its wealth-management offerings for the less affluent.
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Justices voiced mixed views about whether the U.S. consumer-protection agency has authority to demand that defendants who cheat or deceive the public must return the money they gain from that activity.
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Kodak Director Makes Retroactive Cut to Huge Charity Stock Gift

Wall Street Journal - 13 Jan 2021 22:53
George Karfunkel's revised donation appears to be worth $77.5 million, down from the original $116.3 million.
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Schumer Has Asked Biden For A Stimulus Package Larger Than $1.3 Trillion President-elect Biden is expected to announce details about his plan for more federal pandemic aid on Thursday.
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Bank Books Brighten But Q4 Seen Tough As JP Morgan, Citigroup, Wells Fargo To Report Earnings The headwinds blowing steadily at big banks for almost a year are relenting a little, just in time for earnings season.
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Here's Why Biden Can't Cancel Student Loans

Forbes - 13 Jan 2021 21:39
Here's Why Biden Can't Cancel Student Loans Will your student loans get cancelled?
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Affirm Skyrockets in Trading Debut

Wall Street Journal - 13 Jan 2021 21:34
The buy-now, pay-later fintech firm jumped as high as $103 shortly after it began trading around midday, far above its initial offering price of $49.
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What is Margin Investing?

Wall Street Journal - 13 Jan 2021 21:26
Buying securities such as stocks on margin comes with big risks and rewards. Learn what you need to know about how margin accounts work before you invest this way.
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Intel's New Chief Has No Quick Fix

Wall Street Journal - 13 Jan 2021 20:31
The chip maker's manufacturing slip will take years to repair in a fast-moving market.
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Top Stocks To Short Today Amid Mixed Trading And Mounting Worries After reaching record highs last week, the major indices sold off Monday and have since failed to stage a significant rally. For now, stocks look overstretched, and inflation could be right around corner. Using deep lear...
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Top Stocks To Buy Today As Headwinds Keep Markets Sideways Stocks for the second straight day failed to stage a large recovery after Monday's losses. For investors looking to make the most of this market, the deep learning algorithms at Q.ai have crunched the data to give you a ...
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Poshmark Set to Join the IPO Boom

Wall Street Journal - 13 Jan 2021 19:07
Poshmark, the online marketplace for secondhand goods, is the latest e-commerce site to tap the buoyant initial public offering market, while brick-and-mortar stores have been hard hit by the coronavirus pandemic.
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Inflation Expectations in Europe Rise to Highest in Over a Year

Wall Street Journal - 13 Jan 2021 18:49
Hopes around the rollout of Covid-19 vaccines and accommodative central banks are boosting inflation forecasts in Europe.
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Prices, and Confusion, Set To Rise as Pandemic Fades

Wall Street Journal - 13 Jan 2021 18:42
Price gains remain muted, but only because services demand is still being depressed by the Covid-19 crisis
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A Mystery Shopper in Trans-Atlantic Grocery Talks

Wall Street Journal - 13 Jan 2021 18:35
One possible explanation for Alimentation Couche-Tard's interest in Carrefour is that the former has spotted an opportunity to reduce its dependence on fuel sales at a time when European supermarket valuations look cheap...
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Shrinking Grain Supplies Send Prices Soaring

Wall Street Journal - 13 Jan 2021 17:33
A weaker-than-expected harvest of U.S. row crops and strong demand for U.S. exports have driven futures to multiyear highs.
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This Is The Easiest Way To Get 176%+ Dividend Growth I've Ever Seen Let's start 2021 with a proven strategy for grabbing two growing income streams in one buy.
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