Nasdaq News

Clearly not immune to the economic effects of the coronavirus pandemic, Goldman Sachs (NYSE: GS) is enacting a fresh round of job cuts. On Thursday the storied financial services company admitted it will conduct "a modest number of layoffs," according to a spokesperson.

Image source: Getty Images

Image source: Getty Images

Image source: Getty Images

(RTTNews) - After opening notably lower and languishing in the red till well past noon, the Switzerland stock market found some support in the closing minutes to finish slightly up on Friday.

Global Payments Inc is exploring a sale of its Netspend unit, aiming to secure a valuation of more than $2 billion for the prepaid debit card business, three people familiar with the matter said on Friday.

The S&P 500 was lower on Friday as news that U.S. President Donald Trump tested positive for COVID-19 put investors in a risk-off mood and added to mounting uncertainties surrounding the looming election.

Suncor Energy, Canada's second-biggest oil company, told employees on Friday it would cut its workforce by up to 15% over the next year and a half, and by 5% in the next six months, as pandemic travel restrictions crushed crude demand, two sources confirmed.

What happened Shares of ACM Research (NASDAQ: ACMR) plunged last month on reports that one of its key customers could be added to the Commerce Department's "Entity List," which would effectively ban it from importing technology from American companies. That news helped push th

(RTTNews) - European markets recovered from early weakness on Friday, and a few markets even managed to close in positive territory, as stocks found some support late afternoon amid hopes about a new coronavirus relief package in the U.S.

What happened An analyst day presentation from Twilio (NYSE: TWLO), a provider of cloud-based communication tools and services for developers, has investors looking up on Friday. The stock was up 15% as of 1:08 p.m. EDT.

What happened Shares of educational materials company Houghton Mifflin Harcourt (NASDAQ: HMHC) are on the rise Friday. As of 1:15 p.m. EDT, the stock was up by 23.8%. One might expect some substantial news would be driving a move like this, but in reality, things were quite quie

Turkey's wealth fund is in talks to provide emergency funding to flag carrier Turkish Airlines, one of the country's hardest-hit companies when the coronavirus pandemic halted nearly all flights, four sources told Reuters.

(New York)

Argentina's peso opened 0.91% weaker at 76.95 per dollar on Friday after the country's central bank said it would abandon its uniform devaluation strategy and allow greater volatility in the price of the hard-hit currency.

The dollar trimmed its losses against the yen as stocks and Treasury yields rebounded from lows struck immediately after news that President Donald Trump tested positive for COVID-19, suggesting the U.S. and Japanese currencies had not settled the fight for top safe-haven status.

What happened Shares of American Eagle Outfitters (NYSE: AEO) jumped 17.4% in September, according to data from S&P Global Market Intelligence, after the casual clothing retailer beat Wall Street's second-quarter estimates on the top and bottom lines.

Edging In: Fixed Income Strategies for the Post-Pandemic World

London Stock Exchange is set to be hit with a charge sheet in the coming weeks setting out the European Union's antitrust concerns over its $27 billion purchase of data provider Refinitiv, two people familiar with the matter said.