Articles by Daniel Marsh
Vale Shares Dip Premarket as Brazilian Courts Deny Major Asset Freeze Requests
Vale's U.S.-listed shares declined 0.8% in premarket trading after Brazilian courts rejected asset freeze requests totaling 2.846 billion reais, with investors awaiting quarterly results.
Snap Shares Gain on Analyst Upgrade Amid Turnaround Efforts
Snap Inc. shares advanced in premarket trading after Arete Research upgraded the stock to Buy, while the company navigates a challenging advertising environment and pursues a $500 million share repurchase program.
Plug Power Shareholder Vote Looms as Stock Holds Steady in Premarket
Plug Power shares traded flat at $2.10 ahead of a critical shareholder vote on February 17 to increase authorized shares. The company previously failed to secure sufficient support, with only 39.63% backing the proposal.
Standard Chartered CFO Exits Ahead of Earnings, Shares Drop Over 4%
Standard Chartered shares fell sharply after CFO Diego De Giorgi departed for Apollo, with the bank naming an interim finance chief weeks before its full-year results.
Eddie Bauer Retail Arm Files Chapter 11, Launches Store Liquidation
The operator of Eddie Bauer's physical stores has initiated Chapter 11 bankruptcy proceedings, commencing going-out-of-business sales at approximately 180 locations across North America while seeking a buyer by mid-March.
Mortgage Rates Hold Steady Near 6.3% as Key Economic Data Awaited
U.S. 30-year fixed mortgage rates remained near 6.28% early Tuesday, with markets focused on upcoming employment and inflation reports. Rocket Companies shares gained in premarket trading.
Markets Await Retail Sales Data and Treasury Auction Amid Flat Futures
U.S. stock futures held steady early Tuesday as investors braced for December retail sales figures and a $58 billion 3-year Treasury note auction. The Dow closed at a record high for a second consecutive session on Monday.
FTSE 100 Slips as BP Pauses Buybacks, StanChart Dives; AstraZeneca Gains
The FTSE 100 fell 0.4% early Tuesday, pressured by sharp declines in BP and Standard Chartered, while AstraZeneca climbed on a solid outlook. Sterling weakened amid political and rate uncertainty.
Indian Equities Extend Gains on Foreign Inflows and Trade Optimism
Indian benchmarks rose for a third consecutive session, supported by foreign portfolio investments and optimism around a U.S. trade framework. Auto and metal stocks led the advance.
ASX 200 Ends Flat Amid AI Jitters; CSL Tumbles on CEO Exit
The S&P/ASX 200 closed virtually unchanged, dipping 2.7 points to 8,867.40. Insurance brokers slumped on AI competition fears, while CSL fell 5% after its CEO announced retirement.