SYDNEY (Reuters) – Australian consumer sentiment rebounded to a 20-month high in February as a slowdown in inflation fuelled hopes interest rates had finally peaked and boosted spending intentio[...]
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February 12, 2024
Cadence Design expects lower first-quarter revenue as hardware sales normalize
By Stephen Nellis (Reuters) -Cadence Design Systems forecast a decline in revenue for the first quarter as its hardware sales were up against tough comparisons from a year earlier, during which it ram[...]
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US Senate chair wants airline, credit card CEOs to testify on fees
By David Shepardson WASHINGTON (Reuters) -The chair of the Senate Judiciary Committee on Monday asked the CEOs of American Airlines, United Airlines, Visa and Mastercard to testify at an April 9 heari[...]
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Carl Icahn reports near 10% stake in Jetblue
(Reuters) -Activist investor Carl Icahn on Monday reported a 9.91% stake in Jetblue Airways Corp, according to a filing. Shares of JetBlue were up about 17% in extended trading. Icahn acquired the sha[...]
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Franklin Templeton files for spot ethereum ETF
(Reuters) – Franklin Templeton on Monday disclosed that it had officially filed for a spot ethereum exchange-traded fund, becoming the eighth player vying to introduce a similar product in the m[...]
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Hedge funds buy stocks amid ‘almost no panic’ market, says Goldman
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds bought more stocks than they sold for the second consecutive week, mainly in the so-called cyclical sectors, such as energy, industrials[...]
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Stocks steady, dollar up; investors brace for CPI
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes were little changed on Monday while the U.S. dollar inched higher ahead of Tuesday’s U.S. consumer price index report, which cou[...]
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NYCB shares end lower as earlier gains evaporate
(Reuters) -New York Community Bancorp shares gave up earlier gains to close with a small loss on Monday, though some analysts remain focused on confidence-building measures taken by the lender after a[...]
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Spirit Airlines uncertainty has some pilots dusting off their resumes
By Allison Lampert and Rajesh Kumar Singh (Reuters) – Some pilots at Spirit Airlines are worried and scouring for other opportunities after a U.S. judge last month blocked the low-cost air carri[...]
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