(Reuters) – AMC Entertainment Holdings posted a loss for the second quarter compared to a profit in the same period last year hurt by the lingering impact of last year’s dual Hollywood str[...]
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August 2, 2024
Buffett’s sales of Bank of America top $3.8 billion
By Jonathan Stempel (Reuters) -Berkshire Hathaway, run by billionaire Warren Buffett, extended its selling of Bank of America shares, and has shed more than $3.8 billion of the second-largest U.S. ban[...]
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Flaring economic worries threaten US stocks rally
By Lewis Krauskopf NEW YORK (Reuters) -Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt U.S. g[...]
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US Q2 earnings growth estimate dips, reflecting Vertex loss, LSEG says
By Caroline Valetkevitch NEW YORK (Reuters) -The earnings growth estimate for S&P 500 companies for the second quarter dipped to 12.9% as of Friday from 13.3% on Thursday, according to LSEG data.[...]
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Factbox-Wall Street sees bigger 2024 Fed easing after soft jobs report
(Reuters) – A surprisingly weak U.S. employment report for June has turned Wall Street confidence on a soft landing into near panic that a recession is looming, prompting major firms to change f[...]
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Analysis-US recession scare fuels searing rally in bonds, yield curve flip in view
By Davide Barbuscia NEW YORK (Reuters) – A sharp repricing in U.S. interest rate cut expectations could give more fuel to a searing bond rally triggered by weakening economic data, as investors[...]
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Exclusive-Data provider Dun & Bradstreet explores sale, sources say
By Milana Vinn, Anirban Sen and David French NEW YORK (Reuters) -Dun & Bradstreet, a U.S. data and analytics provider that has a market value of more than $9 billion including debt, is exploring o[...]
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Fed’s Goolsbee: don’t want to ‘blow through’ full employment
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said on Friday the U.S. central bank should move in a “steady” way, a mild pushback against the rush of market bets[...]
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Alphabet’s fund CapitalG cut stake in CrowdStrike before July global outage
(Reuters) -Google-parent Alphabet’s independent growth fund CapitalG cut its stake in cybersecurity company CrowdStrike , according to a regulatory filing on Friday, much before a global outage[...]
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