Business
- BusinessAFP
Chip giant TSMC's April revenue jumps 60% on-year
Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.This compares with a 34.3 percent on-year jump in March.
3 min read - BusinessAFP
London, Frankfurt hit new records as rate hopes boost markets
Growing hopes that the US Federal Reserve and other central banks are close to cutting interest rates helped push London and Frankfurt to new records, while Asian markets also chalked up healthy gains.The European Central Bank is expected to cut its rates in June.
3 min read - BusinessBloomberg
HK Court Sides With Creditors in Closely Watched Keepwell Case
(Bloomberg) -- A Hong Kong court has ruled in favor of creditors in cases involving a controversial credit protection mechanism popular among China’s borrowers, reviving the hopes of investors trying to claw back funds on defaulted bonds.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: Defea
2 min read - BusinessBloomberg
BBVA’s Hostile Bid Breaks Law, Sabadell Says as Tempers Rise
(Bloomberg) -- Banco Bilbao Vizcaya Argentaria SA’s hostile takeover for Banco de Sabadell SA breaks the law, the smaller rival said, ratcheting up the heat in an increasingly bitter corporate battle. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatDocuments provided by BBVA as part o
3 min read - BusinessGuruFocus.com
Insider Sale: EVP, CFO & CAO Samuel Rubio Sells 24,396 Shares of Tidewater Inc (TDW)
On May 8, 2024, Samuel Rubio, the Executive Vice President, Chief Financial Officer & Chief Accounting Officer of Tidewater Inc (NYSE:TDW), sold 24,396 shares of the company.
1 min read - BusinessGuruFocus.com
Insider Sale: Director Richard Fisher Sells Shares of Tenet Healthcare Corp (THC)
On May 7, 2024, Richard Fisher, Director at Tenet Healthcare Corp (NYSE:THC), sold 2,500 shares of the company.
1 min read - BusinessGuruFocus.com
Director James Gorman Acquires 20,000 Shares of The Walt Disney Co (DIS)
On May 8, 2024, James Gorman, Director at The Walt Disney Co (NYSE:DIS), purchased 20,000 shares of the company, as reported in the SEC Filing.
1 min read - BusinessGuruFocus.com
Insider Sale at IES Holdings Inc (IESC): President and COO Matthew Simmes Sells 14,000 Shares
On May 7, 2024, Matthew Simmes, President and Chief Operating Officer of IES Holdings Inc (NASDAQ:IESC), sold 14,000 shares of the company.
1 min read - BusinessBloomberg
Sibanye in Talks on Lending Covenants as Platinum-group Metal Prices Hurt Profit
(Bloomberg) -- Sibanye Stillwater Ltd. said it’s talking to lenders about temporarily raising covenants after lower platinum-group metal prices weighed on earnings.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatLast year, Sibanye joined South African rivals Anglo American Platinum Lt
1 min read - BusinessGuruFocus.com
Insider Sale: EVP, Group Benefits Christopher Pyne Sells 4,500 Shares of Unum Group (UNM)
On May 7, 2024, Christopher Pyne, EVP, Group Benefits at Unum Group (NYSE:UNM), executed a sale of 4,500 shares of the company.
1 min read - BusinessGuruFocus.com
Insider Sale: Director Dirk Kempthorne Sells Shares of Robert Half Inc (RHI)
On May 8, 2024, Dirk Kempthorne, a Director at Robert Half Inc (NYSE:RHI), sold 2,221 shares of the company.
1 min read - BusinessGuruFocus.com
Insider Sale at Mattel Inc (MAT): EVP & Chief Supply Chain Officer Sells Shares
Mattel Inc (NASDAQ:MAT), a leading global children's entertainment company known for its portfolio of iconic brands and toys, including Barbie, Hot Wheels, and Fisher-Price, recently witnessed a significant insider transaction.
1 min read - BusinessGuruFocus.com
Insider Selling at Sierra Bancorp: EVP/Chief Banking Officer Michael Olague Sells 4,753 Shares
On May 9, 2024, Michael Olague, the Executive Vice President and Chief Banking Officer of Sierra Bancorp (NASDAQ:BSRR), sold 4,753 shares of the company.
1 min read - BusinessBloomberg
EU Bonds Lure Investors Betting on Entry to Sovereign Indexes
(Bloomberg) -- Money managers are piling into the European Union’s bonds in anticipation of a major shift in their status that would open up the bloc’s debt to a bigger pool of investors.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatMSCI Inc. this week started a consultation on whet
4 min read - BusinessBloomberg
PBOC May Trade Bonds to Shake Off Reliance on Banks, ANZ Says
(Bloomberg) -- The People’s Bank of China will likely buy and sell government bonds — not as a move toward quantitative easing, but to shake off a reliance on banks for funneling cash to the financial system, according to Australia & New Zealand Banking Group. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got W
2 min read - BusinessGuruFocus.com
Decoding O'Reilly Automotive Inc (ORLY): A Strategic SWOT Insight
Unveiling the Financial and Strategic Position of O'Reilly Automotive Inc (ORLY)
5 min read - BusinessGuruFocus.com
Decoding EPAM Systems Inc (EPAM): A Strategic SWOT Insight
Insightful Analysis of EPAM Systems Inc's Strengths, Weaknesses, Opportunities, and Threats
5 min read - BusinessGuruFocus.com
Decoding Warner Music Group Corp (WMG): A Strategic SWOT Insight
Insightful Analysis of Warner Music Group Corp's Strengths, Weaknesses, Opportunities, and Threats
4 min read - BusinessGuruFocus.com
Decoding News Corp (NWSA): A Strategic SWOT Insight
Insightful Analysis of News Corp's Strengths, Weaknesses, Opportunities, and Threats
5 min read - BusinessGuruFocus.com
Royalty Pharma PLC (RPRX): A Strategic SWOT Insight
Decoding the Financials and Future Prospects in Royalty Pharma's Latest 10-Q Filing
5 min read - BusinessGuruFocus.com
Decoding Enterprise Products Partners LP (EPD): A Strategic SWOT Insight
Insightful Analysis of EPD's Financial Health and Strategic Position
3 min read - BusinessGuruFocus.com
Decoding East West Bancorp Inc (EWBC): A Strategic SWOT Insight
Insightful Analysis of East West Bancorp Inc's Financial Health and Strategic Position
4 min read - BusinessGuruFocus.com
Decoding Apollo Global Management Inc (APO): A Strategic SWOT Insight
Unveiling the Strengths, Weaknesses, Opportunities, and Threats in Apollo's Latest Financials
4 min read - BusinessGuruFocus.com
Decoding Warner Bros. Discovery Inc (WBD): A Strategic SWOT Insight
Insightful Analysis of Warner Bros. Discovery Inc's Financial Health and Strategic Position
4 min read - BusinessGuruFocus.com
Decoding Coupang Inc (CPNG): A Strategic SWOT Insight
Insightful Analysis of Coupang Inc's Financials and Strategic Position
4 min read - BusinessGuruFocus.com
Decoding Akamai Technologies Inc (AKAM): A Strategic SWOT Insight
Insightful Analysis of Akamai Technologies Inc's Strengths, Weaknesses, Opportunities, and Threats
5 min read - BusinessGuruFocus.com
Decoding TopBuild Corp (BLD): A Strategic SWOT Insight
Unveiling the Financial Fortitude and Market Dynamics
4 min read - BusinessGuruFocus.com
Decoding Charles Schwab Corp (SCHW): A Strategic SWOT Insight
Insightful Analysis of Charles Schwab Corp's Financial Fortitude and Market Position
4 min read - BusinessGuruFocus.com
Decoding Constellation Energy Corp (CEG): A Strategic SWOT Insight
Unveiling the Financial Fortitude and Market Dynamics of Constellation Energy Corp (CEG)
5 min read - BusinessGuruFocus.com
Decoding Truist Financial Corp (TFC): A Strategic SWOT Insight
Insightful Analysis of Truist Financial Corp's Strengths, Weaknesses, Opportunities, and Threats
4 min read - BusinessGuruFocus.com
Decoding Charles River Laboratories International Inc (CRL): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding Bentley Systems Inc (BSY): A Strategic SWOT Insight
Unveiling the Financial and Strategic Positioning of Bentley Systems Inc
5 min read - BusinessGuruFocus.com
Decoding RB Global Inc (RBA): A Strategic SWOT Insight
Insightful Analysis of RB Global Inc's Financial Health and Market Position
4 min read - BusinessGuruFocus.com
Decoding Pfizer Inc (PFE): A Strategic SWOT Insight
Insightful Analysis of Pfizer Inc's Financial Health and Strategic Position
3 min read - BusinessGuruFocus.com
Decoding TransDigm Group Inc (TDG): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding First Citizens BancShares Inc (FCNCA): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
5 min read - BusinessGuruFocus.com
Decoding Energy Transfer LP (ET): A Strategic SWOT Insight
Uncovering the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding Expeditors International of Washington Inc (EXPD): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding Onto Innovation Inc (ONTO): A Strategic SWOT Insight
Insightful Analysis of ONTO's Financial Health and Strategic Position
5 min read - BusinessGuruFocus.com
Decoding US Foods Holding Corp (USFD): A Strategic SWOT Insight
Unpacking the Financials and Strategic Position of US Foods Holding Corp
4 min read - BusinessGuruFocus.com
Decoding UnitedHealth Group Inc (UNH): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
3 min read - BusinessCoinMarketCap
Bitcoin Mining Difficulty Faces Largest Downward Adjustment Since 2022
Bitcoin (BTC) is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price.
1 min read - BusinessBloomberg
Fresh Gush of US Oil Drives Down the Price of Crudes in Europe
(Bloomberg) -- A fresh burst of US oil exports is once again depressing prices of physical crudes from Europe to West Africa, offering a potential relief to consumers as the peak demand season is fast approaching. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatObserved shipments towa
2 min read - BusinessBloomberg
Dry Weather in Australia’s Top Grain State Raises Crop Concerns
(Bloomberg) -- Persistent dry weather in parts of Western Australia has raised concerns over the outlook for the upcoming season as crop planting continues, according to a monthly industry report.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatFarmers in the northern and eastern growi
1 min read - BusinessAssociated Press Finance
PR executive reportedly departs China's Baidu after comments glorifying overwork draw backlash
A top Baidu public relations executive has reportedly departed the Chinese technology company after she drew public outcry over her comments that were seen as glorifying a culture of overwork. Baidu’s head of communications Qu Jing had implied in a series of videos that she was not concerned about her employees as she was “not their mom” and said she only cared about results. The backlash was swift, with many on social media platforms like Weibo saying Qu lacked empathy.
3 min read - BusinessBloomberg
Sony Plans Bid Versus Blackstone, KKR for $1.3 Billion Manga App
(Bloomberg) -- Sony Music Entertainment is preparing a bid against private equity funds Blackstone Inc. and KKR & Co. to acquire Japanese e-comics provider Infocom Corp. in a deal estimated to be worth around ¥200 billion ($1.3 billion).Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: Defeat
2 min read - BusinessBloomberg
Yen’s Fragility Raises Specter of a New Currency War in Asia
(Bloomberg) -- As the yen plumbs new lows, some investors are pondering an almost unthinkable scenario in a region busy bolstering falling exchange rates — a series of competitive devaluations that starts a new Asian currency war.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatSuspect
5 min read - BusinessReuters
Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
Rio "management had not ruled out making a play for part or all of the mining group and continued to study the day-to-day situation", the AFR reported, citing sources close to Rio. The report did not mention why Rio did not make a proposal but said there is no suggestion that Rio is about to make an alternative bid. Rio declined to comment on the report.
1 min read - BusinessBloomberg
JPMorgan Says India Index Inclusion on Track, Clients Ready
(Bloomberg) -- JPMorgan Chase & Co. is on track to include India in its emerging market debt index from June with most of its clients ready to trade despite some “teething issues,” according to the firm’s global head of index research.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: Defeat“B
3 min read - BusinessBloomberg
‘Block-Trade King’ Sadler Built $360 Million Fortune at Segantii
(Bloomberg) -- Simon Sadler turned Segantii Capital Management Ltd. from a tiny startup hedge fund into a $4.8 billion giant, cultivating a reputation as Asia’s “block-trade king” from his perch in Hong Kong.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatOver those 17 years, he amass
3 min read