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...NYCB had been seen as one of the winners of the 2023 crisis that sank Signature, Silicon Valley Bank and First Republic....
...However, shares sank below their 250p issue price on the first day of trading and are now down 40 per cent since the IPO, valuing the company at about £1.4bn....
...Luton Town are one of English football’s fairytales — the club sank all the way into non-league and almost went out of business, before being rescued by local fans....
...Research from Vanguard dating back to 1977 shows last year was a historical anomaly for the 60/40 portfolio in that it was the only year in which both equities and bonds sank in value — delivering double-digit...
...For Northern Ireland, created by the partition of Ireland a decade after the Titanic sank, preserving history and telling all sides’ truth is an enduring challenge....
...Walmart shares recovered early declines to close 0.6 per cent higher on Wall Street on Tuesday, while Home Depot sank more than 7 per cent....
...A sale of the debt would come as a relief for the banks that have been forced to keep debt from Citrix and other leveraged buyouts on their own books when a rapid rise in interest rates sank credit markets...
...The move was supposed to be a shining moment for Apple’s software prowess but the launch was so buggy — some bridges, for example, appeared deformed and sank into oceans — that chief executive Tim Cook said...
...A version of this article was first published by Nikkei Asia on April 27 2023. ©2023 Nikkei Inc. All rights reserved....
...After peaking at just over $2,000 per ounce in early March, not long after Russia invaded Ukraine, the yellow metal sank about a quarter....
...Like search advertising, cloud computing had been seen as a business that was less vulnerable to an economic downturn than other parts of the tech market.Shares in Microsoft sank 8 per cent in early Wednesday...
...Shares in the company sank about 30 per cent following the announcement of the plan on Wednesday....
...Gap shares sank more than 4 per cent in after-hours trading on Monday following the announcement, which was accompanied by an earnings update that reflected pandemic turmoil continuing into the most recent...
...Last year investors sank $131bn into strategic beta ETFs, which are focused on so-called investment factors such as momentum, minimum volatility, value and growth....
...A version of this article was first published by Nikkei Asia on December 20 2022. ©2022 Nikkei Inc....
...As the US stock market sank on news of the spreading Omicron coronavirus variant, shares of Apple levitated mysteriously....
...While the company’s shares sank on Monday, its bonds traded up from 64 cents on the dollar to 70 cents. It was a clear sign of first-mover advantage....
...The yield then sank to 0.24 per cent, which meant the market price for the bonds topped what the BoJ was actually offering, and the bank later announced it had no takers on its morning offer....
...At the other end of the spectrum, Pfizer’s vaccine rival Moderna sank almost 25 per cent, the worst performance of any company in the S&P 500 on Friday, followed by Merck and Regeneron Pharmaceuticals, down...
...But profits sank as it paid $160m in the quarter to cover the costs of a June fire at an Illinois facility. Geico, the insurer that is among Berkshire’s crown jewels, was among the few weak points....
...Shares in Evergrande sank 4 per cent one day after Fitch downgraded the Chinese developer’s credit rating, adding to worries about the financial health of one of the country’s biggest corporate borrowers...
...Credit Suisse shares sank 13.8 per cent, their steepest decline since the pandemic-induced turmoil in March 2020....
...Shares in the Silicon Valley company sank almost 8 per cent in after-hours trading after it detailed what it believed to be a carefully targeted operation....
...Adjusted earnings sank 19 per cent to 76 cents a share, from 94 cents a year ago, matching analyst forecasts. The company said Covid-19 wiped away 21 cents in the quarter....
...A version of this article was first published by Nikkei Asia on September 24 2020. ©2020 Nikkei Inc....
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