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Business News

Wall St. drops as Treasury yields surge

(Reuters) – A surge in U.S. government bond yields to their highest level in almost seven years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.

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Trading Ideas

VASCO Data Security International Stock Owner Insight

VASCO Data Security International stock had a good day in the market on Tuesday May 15. Shares climbed 2.21% and closed the day at $20.8. They’re now trading 0.36% below their 52-week high of $20.88.

With today’s good gain, VASCO Data Security International now has a market cap of $839 million. That makes it a small cap company.

The business operates in the computer security industry and employs 611 people. Its shares trade primarily on the NASDAQ CM stock exchange.

VASCO Data Security International has 40.31 million shares outstanding and 292,064 traded hands for the day. That’s above the average 30-day volume of …read more […]

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Business News

Exclusive: China’s Tianqi nears $4.3 billion deal to buy stake in Chile’s SQM – sources

HONG KONG/TORONTO (Reuters) – China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera (SQM) , one of the world’s biggest lithium producers, for about $4.3 billion, two people close to the transaction said.

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Business News

Wall St. slides on inflation fears, trade jitters

(Reuters) – A surge in U.S. government bond yields to their highest level in almost 7 years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.

…read more […]