Day: June 11, 2022

Jun 11
Activision Blizzard to start ‘good faith’ talks with QA employees who chose to unionize

Activision Blizzard Inc. ATVI, -0.39% Chief Executive Bobby Kotick sent a letter to employees Friday, after a majority of quality assurance (QA) employees at subsidiary Raven Software chose to unionize. Kotick said the videogame maker will engage in “good faith negotiations” with the Communications Workers of America representing Raven Software employees, to enter into a […]

Jun 11
Dow drops almost 600 points as U.S. stocks fall sharply Friday morning on surging inflation

All three major stock benchmarks were trading sharply lower Friday morning after government data showed inflation surged more than expected in May to the highest annual rate since 1981. The Dow Jones Industrial Average DJIA, -2.73% was down around 585 points, or 1.8%, while the S&P 500 SPX, -2.91% slid 2% and the Nasdaq Composite […]

Jun 11
All 30 Dow stocks fall, with Goldman and Home Depot stocks the biggest drags

All 30 components of the Dow Jones Industrial Average DJIA, -2.73% are falling Friday, as data showing inflation continued to surge fueled another broad-market selloff. The Dow’s biggest percentage decliner was Salesforce Inc.’s stock CRM, -4.63%, which dropped 4.5%. The biggest drags on the price-weighted index were shares of Goldman Sachs Group Inc. GS, -5.65%, […]

Jun 11
SILVER FUTURES (SILVER1!), H1 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 62362Pivot: 61483Support: 60211Preferred Case:On the H1, price has broken out from the ascending channel and is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 61483 in line with the overlap resistance to the 1st support at 60211 in line with the […]

Jun 11
Gold Futures (GOLD1!), H1 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 51144Pivot: 51040Support: 50683Preferred Case:On the H1, price is moving within the descending channel , MACD is showing bearish momentum and price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 51040 in line with the overlap resistance to the 1st support […]

Jun 11
Economists at Barclays now expect Fed to surprise markets with 75-basis-point hike next week

Economists at Barclays said they now expect the central bank to deliver a 75-basis-point rate increase at the monetary-policy meeting on June 14-15. They said that they disagree with the market’s continued expectation for a 50-basis-point hike next week, saying, “[W]e think the US central bank now has good reason to surprise markets by hiking […]

Jun 11
SR-FINRA-2022-014

Log In FinPro For Industry Professionals Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks. FINRA Gateway For Member Firms Firm compliance professionals can access filings and requests, run reports and submit support tickets. DR Portal For Case Participants Arbitration and mediation case participants and FINRA neutrals […]

Jun 11
Garmin raises dividend to boost yield to nearly 3%

Garmin Ltd. GRMN, -1.91% said Friday that is shareholders have approved an annual dividend of $2.92 a share, up 9% from the previous dividend of $2.68 a share. The Switzerland-based navigation, communications and information devices maker said receiving shareholder approval for dividends is in accordance with Swiss corporate law. Based on current stock prices, the […]