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TREASURIES-US yields trim gains after softer-than-expected data
TREASURIES-US yields trim gains after softer-than-expected data
Jan 16, 2025
NEW YORK, Jan 16 (Reuters) - U.S. Treasury yields pared gains on Thursday after data showed weaker-than-expected numbers in retail sales, jobless claims, and import prices. The lone surprise was the Philadelphia Fed Business Index, which jumped to 44.3 in January. The forecast was for a reading of minus 5. The benchmark 10-year yield trimmed gains after the data, last...
Trump's Tax Cut Plans Could Be Derailed By Soaring Bond Yields, Warns GOP: 'Mortgage...Credit Card Rates...Auto Loan Are Going To Continue To Go Up'
Trump's Tax Cut Plans Could Be Derailed By Soaring Bond Yields, Warns GOP: 'Mortgage...Credit Card Rates...Auto Loan Are Going To Continue To Go Up'
Jan 16, 2025
As President-elect Donald Trump gears up to take office, his Republican colleagues in Congress are voicing concerns that his ambitious tax-cut plans could be undermined by the escalating bond yields. What Happened: House Republicans recently convened in a private meeting on Capitol Hill, where they voiced concerns about the potential $4 trillion price tag for extending the 2017 Trump tax...
Sector Update: Tech
Sector Update: Tech
Jan 16, 2025
08:49 AM EST, 01/16/2025 (MT Newswires) -- Technology stocks were rising premarket Thursday, with The Technology Select Sector SPDR Fund (XLK) 0.7% higher and the SPDR S&P Semiconductor ETF (XSD) up 1.2%. DouYu International Holdings ( DOYU ) said it has appointed Simin Ren as co-chief executive officer, effective immediately. The company said it has also approved a special cash...
Sector Update: Health Care
Sector Update: Health Care
Jan 16, 2025
08:52 AM EST, 01/16/2025 (MT Newswires) -- Health care stocks were flat to lower premarket Thursday with the iShares Biotechnology ETF (IBB) recently inactive and the Health Care Select Sector SPDR Fund (XLV) down 0.5%. UnitedHealth Group ( UNH ) shares were down over 4% after the company reported lower-than-expected Q4 revenue. ...
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CCC Intelligent Solutions's Earnings Outlook
CCC Intelligent Solutions's Earnings Outlook
Oct 25, 2024
CCC Intelligent Solutions ( CCCS ) is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement. Analysts expect CCC Intelligent Solutions ( CCCS ) to report an earnings per share (EPS) of $0.09. The announcement from CCC Intelligent Solutions ( CCCS ) is eagerly anticipated, with...
AT&T's Options: A Look at What the Big Money is Thinking
AT&T's Options: A Look at What the Big Money is Thinking
Oct 24, 2024
Investors with a lot of money to spend have taken a bullish stance on AT&T ( T ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
S&P Global Q3: Earnings Beat, Boosts 2024 Outlook, Commits To Capital Returns Amid Leadership Shift
S&P Global Q3: Earnings Beat, Boosts 2024 Outlook, Commits To Capital Returns Amid Leadership Shift
Oct 25, 2024
S&P Global Inc ( SPGI )  reported quarterly adjusted EPS of $3.89, which beat the analyst consensus estimate of $3.64 and represented a 21% increase year over year. Quarterly sales were $3.575 billion, beating the analyst consensus estimate of $3.431 billion and representing a 16% increase year over year, driven by growth in all divisions. The stock price tanked after the print. Adjusted...
Decoding Dell Technologies's Options Activity: What's the Big Picture?
Decoding Dell Technologies's Options Activity: What's the Big Picture?
Oct 25, 2024
Deep-pocketed investors have adopted a bullish approach towards Dell Technologies ( DELL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen. We gleaned this information...
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Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
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