Existing Home Sales Fall for the Second-Consecutive Month in March
(NAR) The existing home sales in the US fell by 2.7% in March from February to a seasonally adjusted annual rate of 5.77 million. The fall in existing house sales…
ASML Jumps After Q1 22 Sales Come at the High-End of Guidance, Upgrades Outlook
(ASML) Shares of ASML rose 5% on Wednesday after the company announced net sales of 3.5 billion euros in the first quarter of 2022, the high end of its guidance.…
Nasdaq Eyes 3-For-1 Stock Split, Increases Dividend as Q1 2022 Rev. Rises 5%
(Nasdaq) Nasdaq Inc. is seeking the approval of its shareholders to execute a 3-for-1 stock split. The company announced a $0.60 per share quarterly dividend, up by 11% in the…
US Mortgage Demand Falls as Rates Hit 5.2%, the Highest in 12 Years
(Reuters) The average rate on the US 30-day mortgage rose to 5.20% in the week that ended April 15, an uptick from 5.13% the prior week. The continued rise in…
Procter & Gamble Sales Rise 7% to Beat Estimates in Q3 2022
(P&G) Procter & Gamble reported a third-quarter 2022 sales of $19.4 billion, an increase of 7% from the prior year. The sales beat estimates of $18.73 billion. The company said…
Euro Area Posts a Trade Deficit of €7.6B in February 2022
(Eurostat) The international trade in goods deficit in the euro area was recorded at 7.6 billion euros in February 2022, compared to a surplus of 23.6 billion euros in the…
KKR & Co. Consortium Boosts Ramsay Stock to a 6-Year High After $14.8B Offer
(Reuters) Shares of Australian Ramsay Health Care Ltd soared up to 30% on Wednesday after a group led by KKR & Co. made a $14.8 billion offer. The talks for…
Netflix Stock Tumbles 25% As It Reports Subscriber Losses in Q1 2022
(Netflix) Netflix stock lost more than 25% on Wednesday after reporting 200,000 fewer subscribers in the first quarter of 2022 from the previous quarter. The net subscriber outflow happens despite…
US Airforce Joins the Metaverse Craze With a Trademark Application
(Twitter) The US Air Force has filed a trademark application to create its own metaverse called the SPACEVERSE. The application, filed with the US Patent and Trademark Office, seeks a…
IMF Now Wants Capital Controls Net Widened to Cover Crypto
(IMF) The International Monetary Fund has urged governments to include crypto alongside traditional assets in capital control measures to prevent evasion of sanctions. The IMF says that laws governing capital…
Checkmate Pharma Stock More Than Triples on $250M Acquisition by Regeneron
(Checkmate Pharma) Shares of Checkmate Pharmaceuticals soared more than 332% on Tuesday after agreeing to a $250 million cash deal by Regeneron. The deal values Checkmate stock at $10.50 per…
UK Isolates Moscow Stock Exchange Investors With Limits on Tax Benefits
(Gov. UK) Investors on the Moscow Stock Exchange will not be able to access certain tax benefits from the UK when trading on the bourse. Through the HM Revenue and…
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