Trading Ideas
Month: May 2020
Trading Ideas
Stock market news live updates: Stock futures open higher, Dow futures gain 200+ points
Stock futures rose Monday evening, pacing toward advances Tuesday when traders return from the Memorial Day holiday weekend in the U.S. …read more […]
Trading Ideas
Hong Kong Finance Has a Security Blanket
(Bloomberg Opinion) — China’s decision to impose a national security law on Hong Kong has spurred speculation of capital flight and an erosion of the city’s status as an international financial center. As a venue for share offerings, at least, the near-term future is looking bright. For that, the territory can thank worsening U.S.-China relations.U.S.-listed Chinese technology companies are lining up to sell stock in Hong Kong, seeking refuge from an environment that has become increasingly less hospitable. Nasdaq-traded JD.com Inc. and NetEase Inc. are planning secondary listings in the city next month, following a trail blazed by Alibaba Group …read more […]
Trading Ideas
Trading Ideas
Coronavirus: Lufthansa agrees €9bn rescue deal with Germany
European markets rose on the bailout deal news, which sees Germany take a 20% stake in the firm. …read more […]
Business News
Nissan and Renault shelve merger plans to repair their alliance: sources
Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.
Business News
Germany still in talks with EU over Lufthansa bailout, expects green light: Altmaier
Germany is still in talks with the European Commission over its rescue package for flagship carrier Lufthansa , Economy Minister Peter Altmaier said on Monday, adding that Berlin expected Brussels to give the green light for the bailout.
Trading Ideas
Business News
Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns
Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation’s automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.
Business News
Volkswagen Mexico won’t talk of restart while state decree in place
German automaker Volkswagen said on Monday it had satisfied federal requirements to resume production in Mexico but would not make announcements about renewing operations as long as a decree in the state of Puebla remains in effect.
Trading Ideas
Business News
UBS announces global financing team
UBS said on Monday it has created a new global financing team, a group that will span across divisions under one group in order to serve clients in a faster and simpler fashion.
Trading Ideas
Trading Ideas
Does Syndax Pharmaceuticals, Inc. (NASDAQ:SNDX) Have A Particularly Volatile Share Price?
Anyone researching Syndax Pharmaceuticals, Inc. (NASDAQ:SNDX) might want to consider the historical volatility of the… …read more […]
Trading Ideas
Regeneron To Repurchase $5 Billion Stake From Sanofi
U.S. biotech company Regeneron Pharmaceuticals, Inc (REGN) said on Monday that it will repurchase $5 billion of common stock held by France’s Sanofi.The biotech firm said that the offering will have no impact on its ongoing collaboration with Sanofi formed in 2003. Regeneron will fund the purchase with a combination of $3.5 billion of cash on hand and $1.5 billion of fully-committed bridge financing from Goldman Sachs Bank USA.“Sanofi and Regeneron’s collaboration has been one of the most productive in the industry, creating significant value for both companies but more importantly, resulting in five important medicines for patients,” said Sanofi …read more […]