Stocks

Investing.com – NetApp (NASDAQ:NTAP) reported on Wednesday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations. NetApp announced earnings per share of $1.1 on revenue of $1.47B. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $1.43B. NetApp shares are up 7% from the beginning of the year, still down… More

By Herbert Lash NEW YORK (Reuters) – Stocks on Wall Street traded near breakeven on Friday as investors sold technology shares and rotated into economically sensitive cyclical stocks in anticipation the U.S. economy will boom on pent-up demand once the coronavirus pandemic is subdued. Industrials led rising sectors in the S&P 500, spurred by a… More

PARIS (Reuters) – U.S. investment company Artisan Partners (NYSE:APAM), which is putting pressure on France’s Danone to shake up its management amid criticism over weak returns, will meet several of its board members next week, a source close to the matter said on Sunday. The source was speaking after French newspaper Le Journal du Dimanche… More

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) has restored senior officers’ ability to kick off formal investigations without the approval of the enforcement division’s leadership, in a bid to more swiftly detect fraud, it said on Tuesday. The move gives power to senior officers in the SEC’s enforcement division to authorize staff… More

By Helen Coster (Reuters) – Electronic voting systems maker Smartmatic on Thursday sued Rupert Murdoch’s Fox News cable network and Rudolph Giuliani, a lawyer for former President Donald Trump, claiming they defamed the company by falsely accusing it of helping to rig the U.S. presidential election in favor of Joe Biden. The suit, filed in… More

(Reuters) – Social media company Reddit was experiencing problems on its website on Saturday, according to outage monitoring website Downdetector.com. Customers reported trouble logging in and sending messages on its website. The outage affected regions such as New York, Boston and Washington in United States and Toronto in Canada, according to an outage map on… More

By Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management (NYSE:APO) Inc shares surged more than 7% on Tuesday as investors viewed the resignation of CEO Leon Black as bolstering the private equity firm’s fundraising efforts. Black stepped down after an investigation into his ties with late financier and convicted sex offender Jeffrey Epstein. The… More

By Eric M. Johnson SEATTLE (Reuters) – Boeing (NYSE:BA) Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the “challenge of our lifetime.” Boeing’s goal – which requires advances to jet systems, raising fuel-blending requirements,… More

By Giulio Piovaccari MILAN (Reuters) – Stellantis, the carmaker created by combining Fiat Chrysler and Peugeot-owner PSA, enjoyed a positive start on Monday, its shares rising 8% on their European market debut and valuing the business at around 42 billion euros ($51 billion). With annual production of around 8 million vehicles and revenues of more… More

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Transportation & Logistics, Industrials and Media sectors led shares higher. At the close in Frankfurt, the DAX gained 0.40%, while the MDAX index added 0.87%, and the TecDAX index gained 0.08%. The best performers of the session on the DAX… More

By Simon Jessop and Lawrence White LONDON (Reuters) – Major HSBC shareholders are calling on Europe’s biggest bank to toughen its commitment to cut lending linked to fossil fuels and to turn its climate “ambitions” into targets. Investors collectively managing some $2.4 trillion in assets have filed the resolution to be voted on at HSBC’s… More

By Huw Jones LONDON (Reuters) – British corporate lobby group the Institute of Directors on Wednesday said relaxing rules to attract more stock market listings to London could put at risk the UK’s strong track record on corporate governance. A review of the UK’s rules on company stock market listings was announced in November by… More

BERLIN (Reuters) – A fund backed by Morgan Stanley (NYSE:MS) Infrastructure Partners has made a cash offer to buy Germany’s Tele Columbus AG in an agreed deal that values the fibre network operator at over 400 million euros ($487.84 million), Tele Columbus said. The offer of 3.25 euros per share represents a 13% premium to… More

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Industrial Investment and Retail sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.36%. The best performers of the session on the Tadawul All Share were Saudi Company for Hardware… More