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U.S. Stock
Dec 20, 2024
European stocks slide as Trump's warning to EU spooks investors
By Sruthi Shankar (Reuters) - European shares were on course to post their worst week in three months on Friday, as U.S. President-elect Donald Trump's comments about potential...
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Dec 20, 2024
US stocks pare losses after PCE data; government shutdown still weighs
-- US stocks slipped lower Friday, weighed by the prospect of a government shutdown, but pared some losses after the release of cooler-than-expected inflation...
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Dec 20, 2024
BMO cuts rating on Merck and Biogen, on lack of near term catalyst
-- BMO Capital Markets downgraded Merck & Company Inc (NYSE:MRK) to "market perform" from "outperform," citing concerns over its Gardasil franchise in China and...
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Dec 20, 2024
Deutsche Bank subsidiary settles $4 million penalty over late filing of suspicious activity reports
-- Deutsche Bank (ETR:DBKGn) Securities Inc., a registered broker-dealer and subsidiary of Deutsche Bank AG (NYSE:DB), has been charged by the Securities and...
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Dec 20, 2024
Zelle operator and major banks face CFPB lawsuit over fraud issues
-- The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Early Warning Services, the operator of Zelle, and three of its owner banks, Bank of...
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Dec 20, 2024
Cleveland Fed president Hammack opposes recent rate cut, cites strong economy
-- Federal Reserve Bank of Cleveland President, Beth Hammack, expressed her opposition to the central bank's recent rate cut, citing economic strength and the...
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Dec 20, 2024
Wells Fargo and LPL Financial pay $900,000 each for deficient trading data
-- The Securities and Exchange Commission (SEC) has settled charges against Wells Fargo (NYSE:WFC) Clearing Services LLC and LPL Financial (NASDAQ:LPLA) LLC. Both...
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Dec 20, 2024
Oracle stock slides as analyst cuts to sell
-- Oracle shares came under pressure premarket Friday, down around 1.3% after Monness, Crespi, Hardt downgraded the stock to Sell from Neutral and set a 12-month...
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Dec 20, 2024
JMP upgrades Affirm on growth prospects, sees 24% upside
-- JMP upgraded Affirm Holdings Inc (NASDAQ:AFRM) to "market outperform" from "market perform," on the buy-now-pay-later firm's strong positioning and improved...
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Dec 20, 2024
Fed's Williams anticipates further rate cuts, influenced by data and policy
-- John Williams, President of the Federal Reserve Bank of New York, expressed expectations for additional interest rate cuts during a CNBC interview on Friday....
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