Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
9,341 total articles
Brazilian retailer Americanas filed a motion in a Rio de Janeiro court on March 25 to exit bankruptcy protection, stating it has fulfilled the obligations previously set in the restructuring process. The nearly-century-old company, which entered protection in January 2023 after disclosing roughly $4 billion in accounting inconsistencies, has reduce…
Two U.S. House committees will review a package of aviation safety measures that largely adopts recommendations from the National Transportation Safety Board following a January 2025 collision between an American Airlines regional jet and an Army Black Hawk helicopter. The revised ALERT Act would mandate collision mitigation technologies for fixed-…
Investors have filed a proposed class action against Super Micro Computer in federal court, alleging the company misled the market by hiding that a substantial portion of server sales went to firms in China and by failing to maintain adequate export-control compliance. The suit follows criminal smuggling charges tied to Nvidia chips brought against…
General Dynamics Electric Boat Corp.'s Groton, Connecticut unit received a $95 million cost-plus-fixed-fee contract modification from the U.S. Department of War to provide engineering, technical, design agent and planning yard support for operational strategic and attack submarines. Work will be performed at several U.S. sites and the effort is exp…
Mexico's benchmark S&P/BMV IPC finished the session up 3.67% as gains in Industrials, Consumer Goods & Services and Consumer Staples propelled the market higher. Megacable, Orbia and Grupo Carso were among the largest risers, while Grupo Televisa slipped. Market breadth favored advancing issues, and commodity and currency moves included a sharp ris…
JBS reported a nearly unchanged net profit of $415 million for the fourth quarter, supported by record revenue of $23.06 billion but hampered by higher cattle costs and narrower margins in its North American beef business. Adjusted EBITDA fell 7% to $1.72 billion and the adjusted EBITDA margin contracted to 7.4%.
FibroBiologics Inc. (NASDAQ: FBLG) announced a 1-for-20 reverse stock split approved by its board and previously ratified by shareholders. The action, effective March 30, 2026, aims to restore compliance with Nasdaq's minimum bid price requirement and potentially broaden investor interest. Shares tumbled 22.2% in after-hours trading following the a…
Colombia's benchmark COLCAP index rose 1.61% at Wednesday's close, driven by advances in the Industrials, Services and Agriculture sectors. Celsia SA led individual gainers with a 22.33% surge to 5,260.00, reaching a five-year high. Mineros SA and Banco de Bogota also posted notable gains, while Interconnection Electric, Ecopetrol and Grupo Nutresa…
Hallador Energy announced a three-year capacity sales agreement that transfers most of its remaining accredited capacity to a utility customer for planning years 2026 through summer 2028. The deal, struck at roughly double the pricing in the company's forward book, is expected to generate about $86 million in cumulative revenue over the term and ha…
Russian equities closed slightly higher on Wednesday, driven by advances in the Power, Mining and Manufacturing sectors. The MOEX Russia Index ended the session up 0.08%. Major movers included Gazprom, Novolipetsk Steel and Bank VTB, while retailers and select energy and mining names lagged. Market breadth showed more decliners than advancers and v…
Workhorse Group unveiled the W56 Step Van with a 140 kWh battery and a starting price of $169,000, a lower-cost configuration designed for fleets whose daily routes typically require about 100 miles of range. The announcement coincided with a 5.7% after-hours rise in the company’s shares, and Workhorse cited merger synergies and fuel-price dynamics…
Emergent BioSolutions saw its shares rise in after-hours trading after the company disclosed a $54 million option exercise under an existing 10-year ASPR agreement to supply CNJ-016, an FDA-approved therapy for complications from smallpox vaccination. The firm also reported $6.6 million in new international orders for its ACAM2000 smallpox vaccine,…
The U.S. Postal Service has requested regulatory approval for a temporary 8% surcharge on priority mail and package deliveries, to take effect April 26, aimed at addressing higher transportation fuel costs. The agency says the surcharge would be in place through January 17 of next year while it evaluates a permanent pricing approach and notes it ha…
Shares of Jefferies Financial Group, Driven Brands, Noodles & Company and Navan moved higher in after-hours trading on mixed quarterly results and activist investor activity. Jefferies posted earnings short of estimates but matched revenue expectations; Driven Brands rose amid reports of an activist push for a sale; Noodles reported revenue and com…
Two recent jury decisions, one in California and one in New Mexico, have found social media companies liable in lawsuits alleging their platform designs harmed young users. The rulings test legal theories that target app features rather than user content, raise central questions about the scope of Section 230 protections, and set the stage for appe…
U.S. stock indexes finished higher on Wednesday, driven by advances in Basic Materials, Consumer Services and Healthcare sectors. The Dow Jones Industrial Average climbed 0.66%, the S&P 500 gained 0.54% and the NASDAQ Composite rose 0.77% at the close in New York. Individual large-cap and small-cap stocks showed wide dispersion, with some names pos…
Canada's main equity benchmark finished the session higher, with the S&P/TSX Composite advancing 1.38% on Wednesday. Strength in Clean Technology, Materials and Industrials underpinned the move, with Boralex, Montage Gold and SSR Mining among the top winners while MDA, Birchcliff Energy and Parex Resources were the largest decliners. Volatility as …
Brazil's Bovespa closed higher, supported by advances in Real Estate, Consumer and Public Utilities names. Market breadth favored gainers, implied volatility eased modestly, and commodity and currency markets showed mixed moves at the close of trading in Sao Paulo. Several individual stocks recorded double-digit basis-point moves in either directio…
Jefferies reported a 22% rise in first-quarter profit driven by resilient dealmaking and underwriting, even as the firm recorded $17 million in losses connected to Market Financial Solutions and First Brands after compensation and tax adjustments. Investment banking revenues surged, buyback authorization was raised, and management acknowledged loss…
Navan said it expects 2027 revenue between $866 million and $874 million, topping analysts' consensus, as onboarding of new corporate clients and recent wins including Yahoo drive demand for its travel-management platform. The company reported strong fourth-quarter bookings and revenue growth while increasing sales and marketing investment.
Bank of America has established a Private Capital M&A Group inside its investment bank to help private equity firms monetize portfolio companies. The group, announced in an internal memo and reported Wednesday by Bloomberg, will coordinate resources across global capital solutions, financial sponsors and industry coverage teams. Richard Peacock and…
German satellite manufacturer OHB is exploring a placement of new and existing shares that could enable minority investor KKR to lower its holding. The potential transaction - discussed by the company's main shareholders and slated to be run by several global banks - may value OHB modestly above its current market capitalization.
Tourism Minister Daniela Santanche submitted her resignation after Prime Minister Giorgia Meloni requested she leave the cabinet in the wake of a referendum defeat. Santanche, who has faced multiple legal investigations, said she was resigning only in response to the party leader's request and denied any criminal convictions to date. Her departure …
A federal judge in Manhattan dismissed a lawsuit accusing Fidelity of keeping investors in higher-cost retail share classes of its $439.1 billion Fidelity Government Money Market Fund instead of converting them to lower-cost premium shares when account balances reached certain thresholds. The court found Fidelity had adequately disclosed the econom…
Bond prices tied to semi-liquid private credit funds tumbled from early February and reached their weakest levels in a year, according to hedge fund Fourier Asset Management. The firm says widening spreads on bonds issued by interval funds preceded a recent wave of redemption requests and withdrawal restrictions, indicating investors were wagering …
