Articles by Daniel Marsh
PennyMac Faces Dual Lawsuits After 33% Stock Crash on Servicing Income Drop
Rosen and Schall law firms probe PennyMac after a 33% one-day stock drop on January earnings, as servicing pretax income fell 76% quarter-over-quarter. Q1 results due May 5.
KeyCorp Expands into Western Europe with Clearwater UK Acquisition
KeyCorp acquires Clearwater UK, marking its first Western Europe advisory platform. The deal, expected to close in late 2026, expands KeyBanc's M&A and debt advisory capabilities.
ASX 200 Extends Losing Streak as Inflation and Oil Shock Weigh on Sentiment
Australian shares slipped for an eighth consecutive day, with the ASX 200 closing 0.24% lower, as inflation data and a profit warning from Woolworths dragged on the market.
London Markets Stall as DCC Rejection, Unilever Buyback, and BoE Decision Loom
The FTSE 100 barely budged on Thursday, up 0.1%, as DCC shares fell on a rejected takeover bid and Unilever launched a buyback. All eyes are on the Bank of England's rate decision.
Nebius Surges as Meta's Higher Capex Signals AI Cloud Demand
Nebius shares jumped 5.3% to $142.73 after Meta boosted its 2026 capex forecast, highlighting a potential $27B deal. Q4 revenue soared 547% but net losses hit $249.6M.
Marathon Petroleum Shares Surge Ahead of Q1 Earnings Amid Refining Margin Spike
Marathon Petroleum shares climbed 3.2% to $240.05 ahead of its Q1 earnings, as fuel margins surged and peers Phillips 66 and Valero posted strong results.
FuelCell Energy Rides Bloom Energy's AI Data Center Tailwind
FuelCell Energy stock surged Wednesday as investor enthusiasm for fuel-cell stocks was reignited by Bloom Energy's robust earnings and its Oracle data center contract.
Plug Power Shares Surge on Analyst Upgrade and Sector Rally Ahead of Earnings
Plug Power shares surged 10% on heavy volume after a price target hike and a sector-wide fuel cell rally, ahead of its May 11 earnings report.