Barclays hit by $590 million US market blunder and stake sale
[ad_1] An unnamed investor sold 599 million shares on Monday evening, facilitated by Goldman Sachs. The shares are roughly equivalent to a 3.6% stake, according...
investing
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Tesla plans another stock split
[ad_1] This split would come in the form of a dividend, which would pay shareholders additional shares. Most dividends pay cash to investors. The electric...
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Stocks week ahead: Big Oil rakes in billions as prices soar. Lawmakers want them to pay us back
[ad_1] ExxonMobil (XOM) made a $23 billion profit in 2021, its largest in seven years. And as oil prices rise, it’s expected to make nearly...
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Russia owes Western banks $120 billion. They won’t get it back
[ad_1] Goldman Sachs said Thursday that it is “winding down its business in Russia in compliance with regulatory and licensing requirements.” JPMorgan Chase, America’s largest...
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Amazon stock split: Shares are about to get much, much cheaper
[ad_1] The company announced Wednesday its board approved a 20-for-1 stock split, its first split since 1999. If approved by shareholders in May, the split...
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Dow futures, Asian stocks sink while oil soars after US and allies consider banning Russian oil
[ad_1] In Asia, Hong Kong’s Hang Seng Index (HSI) sank as much as 5% in morning trading. It was last down 3.4%, on track to...
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Russia’s oil is tainted in the eyes of the market. And that’s spiking prices
[ad_1] This means that a considerable amount of Russian oil has been effectively sidelined — precisely what the West didn’t want to happen. Prices for...
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Asia markets sink as tensions between Ukraine and Russia climb
[ad_1] Japan’s benchmark Nikkei 225 (N225) fell 1.9%, and Korea’s Kospi (KOSPI) lost 1.4%. China’s Shanghai Composite (SHCOMP) and Australia’s S&P/ASX 200 were both down...
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Buffett’s Berkshire bought Activision Blizzard stake just before Microsoft deal
[ad_1] According to a filing late Monday with the Securities and Exchange Commission, Berkshire Hathaway (BRKB) bought nearly 14.7 million shares of Activision Blizzard (ATVI)...
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The US is about to get its first Chinese IPO in months from Meihua International Medical Technologies
[ad_1] Meihua International Medical Technologies, which sells medical supplies around the world, is expected to debut this week on the Nasdaq in New York. The...
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Dow tumbles ahead of Fed meeting
[ad_1] It’s shaping up to be the worst day for the market since October 2020 when rising Covid infections, the impending election and questions over...
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Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide
[ad_1] Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The...
