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S&P Global Ratings on Friday raised Massachusetts’s general obligation long-term credit rating to AA-plus from AA, and upgraded bonds backed by annual appropriations from the state. “The upgrade reflects our view that the commonwealth’s commitment to strengthen its budget management practices supported by the state’s improved reserves and a strong economy will be sustained through
Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an
The number of hospital consolidations for the first quarter still lags pre-COVID-19 pandemic first quarters but the revenue side of the equation rose to levels not seen since 2018. The first quarter saw 15 announced transactions that involve $12.4 billion of revenues, according to advisory firm Kaufman Hall’s quarterly look at not-for-profit and for-profit hospital
JPMorgan Chase expects to increase the profits it makes from lending and said that deposits had jumped by $37bn in the first quarter, following the collapse of Silicon Valley Bank. Net income rose 52 per cent from a year ago to $12.6bn, or $4.10 per share in the first quarter, boosted by a rise in
In this article WHR NEM KMX UPST ARRY MRNA LC BMBL Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Getty Images Check out the companies making headlines before the bell Tuesday. CarMax — Shares of the vehicle retailer soared 7% on the back of better-than-expected quarterly earnings. CarMax earned 44 cents per share, beating a
In this article CMG HOG BBBY AAPL Follow your favorite stocksCREATE FREE ACCOUNT Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — The tech giant climbed more than 2% Thursday. A
Bitcoin (BTC) broke through $31,000 on April 14 as bulls hoped that altcoins would soon follow. Analyst eyes potential dip under $30,000 Data from Cointelegraph Markets Pro and TradingView captured new ten-month highs of $31,035 for BTC/USD on Bitstamp. The pair had risen gradually the day prior after a consolidatory period around new macroeconomic data
Do you think AAPL (APPLE) is a hot stock? Today we are going to look at setting up a trade on AAPL after earnings wth OPTIONS. Trading options can be a bit tricky, but we will break down this vertical spread hybrid and convert our vertical into a back-ratio spread. This can bring us a
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You may not even be aware that there’s a Northern California city known as the Endurance Capital of the World. Yes, Auburn, with its Gold Rush history and landmark status has been the site of decades of epic events, such as the Western States 100-Mile Endurance Run, the Tevis Cup 100-Mile Endurance Equestrian Ride and
Investors are questioning the health of the commercial real estate sector following a string of recent banking crises. Mike Kemp | In Pictures | Getty Images Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to blow following last month’s banking
Municipals were steady Thursday in secondary trading as investors turned their attention to a sizable new-issue slate distracting from a weaker U.S. Treasury market. Equities rallied. Outflows from municipal bond mutual funds intensified as Refinitiv Lipper reported $255.794 million was pulled from them as of Wednesday after $91.713 million of outflows the week prior. With
Arbitrum (ARB) has emerged as one of the best-performing cryptocurrencies after Ethereum’s long-awaited Shanghai upgrade. Notably, ARB price gained 4.28% to $1.36 on April 13, its highest level in two weeks. This also amounts to 18% gains from its $1.15 low a day ago when the Shanghai upgrade enabled staking withdrawals on Ethereum. To recap,
God save our gracious coin, long live the coin. A team of entrepreneurs, environmentalists and Bitcoin (BTC) advocates have assembled to back Bitcoin in Britain. The Bitcoin Policy U.K. (BPUK) unites stakeholders, policymakers, environmentalists, tax specialists, Bitcoin experts and miners to “Unlock the potential of Bitcoin” in Britain, and explore how the decentralized currency’s burgeoning
Municipals were firmer in trading Wednesday as triple-A benchmark yields fell along with U.S. Treasuries after the consumer price index report showed inflation slowing. Equities ended down after the Federal Reserve Open Market Committee signaled another rate hike is likely at its May meeting. The two-year muni-Treasury ratio was at 55%, the three-year at 56%,
EY’s UK bosses have told partners to prepare for a fresh cost-cutting plan and a stream of staff departures as they admitted to embarrassment at the collapse of the firm’s long-running attempt to split its global business in two. On a call with partners on Wednesday, Anna Anthony, UK managing partner for financial services, said:
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Paul Morigi | Getty Images Entertainment | Getty Images Warren Buffett said Americans should not be concerned about their bank deposits in the wake of the latest financial shock in the sector and the government would ensure no depositor in this country lost a dime.
In this article NYCB WGRO TSLA AKAM MHK WW WHR KMX Follow your favorite stocksCREATE FREE ACCOUNT Pipettes are seen at the Moderna Therapeutics Inc. lab in Cambridge, Massachusetts, U.S., on Tuesday, Nov. 14, 2017. Moderna this week started testing Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday