The Bank of New York Mellon Corporation BK has developed a new foreign-exchange (FX) solution enabled by application programming interface (API) in collaboration with Deutsche Bank DB. This solution aims to reduce the confirmation times for restricted emerging-market currency tr
United Airlines Holdings, Inc. UAL is witnessing reduced demand to some domestic destinations following a surge in COVID-19 cases as well as new quarantine requirements.At a Town Hall on Jul 6, management informed that the company’s June consolidated capacity was down approxim
Intercontinental Exchange, Inc.’s ICE ICE Data Services has partnered with BondLink to provide issuers a cloud-based market data dashboard on a real-time basis. The launch of the municipal bond market data package is expected in July 2020.Boston, MA based BondLink is a venture
COVID-19 has been putting billions of lives in danger. The biological hazard has also roiled the global economy, with stock markets experiencing turbulence. Likewise, the U.S. economy has been on a roller-coaster ride so far this year. The fiscal year began on a bright note but
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Cullen/Frost Bankers, Inc. (Symbol: CFR). The average 12-month price target for CFR — averaging the work of 10 analysts — reveals an average price target of $77.50
In recent trading, shares of argenx SE (Symbol: ARGX) have crossed above the average analyst 12-month target price of $243.73, changing hands for $245.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of Check Point Software Technologies, Ltd. (Symbol: CHKP) have crossed above the average analyst 12-month target price of $111.72, changing hands for $115.88/share. When a stock reaches the target an analyst has set, the analyst logically has two way
The coronavirus pandemic has wreaked havoc in at least 188 countries and territories, causing severe harm to lives and economies. In response, central banks in many countries slashed interest rates to make borrowing cheaper and encourage spending to boost the economy.Global mark
SiriusXM SIRI is nearing a $300 million deal to buy the Stitcher podcasting platform from broadcaster The E.W. Scripps SSP for about $300 million, per a Wall Street Journal report.Stitcher will provide yet another way for Sirius XM to expand its audience further from 34.8 millio
Investors in L Brands, Inc. LB need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 18, 2020 $15.00 Put had some of the highest implied volatility of all equity options today.
Walmart Inc. WMT was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above
The one thing that has gained immense popularity amid the coronavirus pandemic is undoubtedly the work-from-home trend. Though prior to this virus outbreak, work from home was a concept in practice in just a few companies, it has now emerged as a megatrend and is set to remain s
Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and misinformation, with more such action expected.
Around four-fifths of German firms with foreign exposure have experienced a collapse in revenues as a result of the coronavirus crisis, and 93% expect global economic conditions to improve only in 2021 or later, according to a survey.
Century bonds and green bonds, the first 20-year U.S. Treasury issue in decades, securities for mom-and-pop investors and with growth-linked payouts -- a borrowing binge is forcing governments to think creatively to get the funds they need.
Orders for infrastructure materials and equipment have helped industrial output recover faster in China than most places emerging from COVID-19 lockdowns, but further expansion will be hard to attain without stronger broad-based demand and exports.
Stocks pulled back on Tuesday after Tesla (TLSA) and other big names helped the Nasdaq jump to another record to start the first full week of July. The last month has been a battle between the positive signs of economic recovery, contrasted against spikes of coronavirus cases as
Shares of Regeneron Pharmaceuticals, Inc. REGN gained after it announced the initiation of late-stage studies on experimental coronavirus candidate, REGN-COV2.REGN-COV2 is Regeneron's investigational double-antibody cocktail, which is being evaluated both for the treatment and p
China is forging ahead in the race to develop a vaccine to help control the COVID-19 pandemic, with Sinovac Biotech's experimental vaccine set to become the country's second and the world's third to enter final stage testing later this month.
The Hain Celestial Group, Inc. HAIN appears strong on its sturdy transformational efforts. Its transformation strategy is aimed at simplifying portfolio, identifying additional areas of productivity savings, enhancing margins and improving cash flow. Strength in the company’s