U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.19%
Investing.com – U.S. stocks were lower after the close on Monday, as losses in the Oil & Gas, Technology and Healthcare sectors led shares lower. At the close in NYSE,…
Stock Market Today: Dow Wobbles on Tech Tantrum After U.S. Bond Yields Climb
By Yasin Ebrahim Investing.com — The Dow slumped Monday, as investors abandoned tech in the wake of surging U.S. Treasury yields a day ahead of a fresh inflation data expected…
Netflix Price Target Cut By Truist
By Sam Boughedda Investing.com — Netflix Inc’s (NASDAQ:NFLX) shares fell 2.2% after Truist analyst Matthew Thornton cut the price target on Monday. The analyst trimmed the firm’s price target in…
California’s PG&E to avoid criminal charges in settlements over two major wildfires
By Kanishka Singh (Reuters) – California utility PG&E (NYSE:PCG) Corp has reached settlement agreements with district attorneys representing Northern California counties to avoid prosecution over two major wildfires, with the…
FDA Removes Partial Clinical Hold on Gilead’s MDS and AML Magrolimab Studies
Gilead Sciences, Inc. (Nasdaq: NASDAQ:GILD) announced that the U.S. Food and Drug Administration (FDA) decided to remove its partial clinical hold on the company’s studies investigating magrolimab in combination with…
U.S. yields jump to 3-year highs, stocks slide on CPI outlook
By Herbert Lash NEW YORK (Reuters) – Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as U.S. Treasury yields jumped ahead…
Thoma Bravo to buy SailPoint for $6.1 billion in cybersecurity push
By Eva Mathews and Krystal Hu (Reuters) -Private equity firm Thoma Bravo will acquire SailPoint Technologies for $6.12 billion, the cybersecurity firm said on Monday, in the latest deal that…
Daily Journal, long overseen by Charlie Munger, halves stake in China’s Alibaba
By Jonathan Stempel (Reuters) – Daily Journal Corp, the publishing and software company where Warren Buffett’s business partner Charlie Munger helps oversee investments and until recently was chairman, on Monday…
New York pension leaders back calls for less fossil fuel financing
By Ross Kerber (Reuters) -New York pension officials on Monday said they will support shareholder resolutions filed at major banks seeking quick cuts to financing of new fossil fuel development,…
Sachem Head cuts director slate to 5 in US Foods board battle
By Svea Herbst-Bayliss BOSTON (Reuters) -Activist investment firm Sachem Head on Monday cut its slate of director nominees at US Foods Holding (NYSE:USFD) Co to five from seven, backing away…