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Breaking News: Markets

Here’s what Danaher’s latest spin-off means for our position in the stock

by James Agee
Here’s what Danaher’s latest spin-off means for our position in the stock

Medical equipment giant Danaher (DHR) will officially spin off its environmental-and-applied solutions segment later this month, and our plan is to remain invested in the soon-to-be standalone company, known as …

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Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year

by Lotfi Akalay
Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year

Oil prices eased in Asian as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output …

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Goldman Sachs CEO David Solomon hopeful about IPOs

by Adam Aitken
Goldman Sachs CEO David Solomon hopeful about IPOs

David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told …

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Stripe rival Adyen secures banking license in the UK

by Betti Alver
Stripe rival Adyen secures banking license in the UK

The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Dutch payments giant Adyen on Thursday said it won approval for a banking …

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Can stocks finish strong in 2023? Wall Street giants weigh in

by Betti Alver
Can stocks finish strong in 2023? Wall Street giants weigh in

Traders on the floor of the NYSE, Aug. 15, 2023. Source: NYSE Stock markets are coming off a rough month, but strategists at some of Wall Street’s biggest banks are …

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AMC shares fall as it announces plan to sell additional stock

by Adam Aitken

Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022. Brendan McDermid | Reuters Shares of AMC Entertainment fell sharply on Wednesday after the theater chain said in …

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Ukraine drone supplier AeroVironment soars more than 20%, heads for best day in more than 2 years

by Betti Alver

AeroVironment Switchblade 600 Drone Courtesy: AeroVironment WASHINGTON — Drone manufacturer AeroVironment’s shares rallied more than 25% on Wednesday on the back of better-than-expected fiscal first-quarter results. Wednesday’s gain — the AeroVironment’s …

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Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

by Leila Aboulela

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan …

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