Funding spigot for major corporations grows weaker in March
Investor flows into high-grade corporate-bond funds slowed notably in the second half of March, a backdrop that could lead to ...
Stocks open lower as Wall Street awaits Trump tariff announcement Wednesday
Stocks opened with losses Monday, feeling pressure as investors appeared unsettled ahead of President Donald Trump's announcement on tariffs due on Wednesday. Trump over the weekend threatened tariffs ...
Month-end buying could give stocks a short-lived boost: Kolanovic
U.S. stocks were poised for another leg lower on Monday, meaning investors could finish the worst month since 2022 with more losses. But after falling more than 6% in March, the S&P 500 could find som ...
2-year yield drops for third session amid rising chance of at least three 2025 rate cuts
Monday morning's rally in U.S. government debt was sending 6-month through 30-year yields lower as traders factored in a slightly higher likelihood of additional easing by the Federal Reserve this ...
HomeStreet Shares Rise on Reverse Merger With Mechanics Bank
The banking and lending company HomeStreet plans to undergo an all-stock reverse merger with the privately held Walnut Creek, Calif., bank. The deal carries an estimated equity value of $300 million ...
HFE's Weinberg 'not even going to try' forecasting economy beyond 'Liberation Day'
President Donald Trump's constantly in flux tariff proposals prompted veteran forecaster Carl Weinberg of High Frequency Economics to give up on attempting to offer a read on the economy beyond the ...
Bluebird Bio Shares Rise After Non-Binding Offer From Ayrmid
Ayrmid has offered to buy bluebird for an upfront cash payment of $4.50 a share and a one-time contingent value right of $6.84 a share, payable upon achievement of a net sales milestone, said ...
Saab Gets $210 Million Order for Air Defense System From Latvia
STOCKHOLM--Swedish steelmaker Saab signed a framework deal with Latvia for its short-range ground-based air defense system and received an order worth 2.1 billion kronor ($209.7 million) within the ...
Opthea Ends Development of Sozinibercept in Wet AMD
Opthea said it agreed with the investors in its development funding agreement to end development of sozinibercept in wet AMD, and that the move wouldn't constitute a termination event under the ...
German Inflation Sinks in March, Teeing Up ECB Rate Cut -- 2nd Update
German inflation declined notably in March, laying the groundwork for a rate cut from the European Central Bank, despite fears that U.S. tariffs and extra defense spending could lead to an ...
Thames Water Picks KKR as Preferred Bidder in Equity Raise -- Update
Class A debt, or senior secured debt, tends to get top priority in repayment, although holders of such debt get lower returns than those holding Class B debt. Holders of Thames Water's Class A debt ...