Hints and tips:
...On Thursday, its shares rose 10 per cent to 37 cents, reversing a wobble following the fundraising news....
...It’s no coincidence that the S&P 500 is also having a stellar run....
...Lenders will be required to report new loans, and modifications to existing ones, by the end of each trading day....
...In a possible sign of more defaults to come, Moody’s “B3N negative and lower” roster — a distressed debt watchlist — rose to 240 companies during the third quarter of this year, up from 177 companies a year...
...The S&P 500 closed up 0.1 per cent, with a 1.8 per cent decline for Goldman Sachs helping to keep gains in check. The technology-heavy Nasdaq Composite ended the day flat....
...Credit Suisse fallout: As Credit Suisse shares crashed, the price of its merchandise rose, with collectors rushing to grab pieces of fashion and financial history....
...The high volatility — which came as the S&P 500 fell into a bear market — benefited many players on Wall Street, and trading revenues at Goldman Sachs, Morgan Stanley and JPMorgan Chase all rose considerably...
...A British cash buyer last week spent €10mn on two plots and a villa in St Tropez, according to Tim Swannie of Home Hunts, a buying agent. “He had been waiting a year for the right property....
...Revenues rose 79 per cent to R$5bn ($896m) last year, while net losses shrank by a quarter to R$230m. Customer deposits increased 2.6 times to R$29bn....
...At the height of the pandemic last year, Brazil’s largest lender reported R$19bn ($3.3bn) net profit....
...The IHS Markit eurozone flash purchasing managers’ index for services rose to 50.3 in April, from 49.6 in March....
...The S&P 500 closed up 0.3 per cent on Wednesday after paring losses. The tech-heavy Nasdaq Composite rose 0.4 per cent....
...Philip Booth, professor of finance, public policy and ethics at St. Mary’s University, Twickenham: It will feel grim for households....
...Shares rose as investors realised this could be the first vaccine for the disease....
...Chongqing Zhifei Biological Products is listed in Shenzhen, focusing on vaccine R&D and sales....
...US stocks enjoyed their best day since the 2008 financial crisis on Tuesday in anticipation of the deal: the S&P 500 closed up 9.4 per cent and the Dow Jones Industrial Average rose 11.4 per cent, its best...
...Asian stocks largely rose in overnight trade, catching up with Tuesday’s sharp rally on Wall Street on hopes of an easing of trade tensions....
...Let’s say the fictitious (or not) Cayman Island vehicle Alphaville LLC is looking to borrow $100m to fund the global rollout of Vaudeville....
...The S&P 500 was up 0.6 per cent, while the Nasdaq Composite rose 0.5 per cent....
...The S&P energy sector rose 1.4 per cent....
...That figure is thrifty, given divisional profits before tax of almost £800m, according to S&P Global....
...The troubles facing Italian lenders are well-known with shares in the sector today hitting their lowest level since early 2017. Less so, perhaps, those of French banks....
...The dollar index, a gauge of the buck against a basket of peers, rose 0.1 per cent to 93.75....
...Meanwhile, the yield on the US 10-year Treasury, rose 6.5 basis points to 2.383 per cent....
...The S&P 500 rose more than 0.1 per cent to 2,564.11 while the Dow Jones Industrial Average, which briefly climbed above the 23,000 mark yesterday, gained 0.5 per cent to 23,1116....
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