Latest Market News
Boeing Co. BA, -1.04% executives are planning to move the aerospace company’s headquarters to Arlington, Va., from Chicago, the Wall Street Journal reported Thursday, citing people described as familiar with the matter. The move could be announced as soon as next week, the Journal said. Boeing did not immediately return a request for comment. The […]
Bitcoin BTCUSD, -3.60% plunged more than 5% Thursday to the lowest level since Feb. 22, amid broad sell-offs in stock markets. The cryptocurrency dropped to as low as $36,639 Thursday, according to CoinDesk data. It was trading midday New York time at around $36,933, down 5.5% over the past 24 hours. The Dow Jones Industrial […]
The U.S.-listed shares of Novartis AG NVS, -0.45% NOVN, -0.66% fell 2.6% in afternoon trading Thursday, after the Switzerland-based drug maker said it was “temporarily” suspending delivery of its cancer treatments Lutathera and Pluvicto in the U.S., as part of a quality review of its production sites in Millburn, New Jersey and Ivrea, Italy. The […]
Dish Network Corp. DISH, -19.14% said Friday it had net income of $433 million, or 68 cents a share, in the first quarter, down from $630 million, or 99 cents a share, in the year-earlier period. Revenue fell to $4.33 billion from $4.50 billion a year ago. The FactSet consensus was for EPS of 74 […]
GBPUSD CollapsesIt’s been another exciting week in financial markets. Several key moves have kept traders on their toes this week and as we draw to a finish the main attraction appears to be the sell-off in GBP. We’ve had plenty of record action recently, such as the massive decline in JPY, and this week was […]
CIBCFX FlowsTokyo saw its inflation accelerated to highest in near 30 years in April, Bloomberg said this was largely dur to soaring energy prices. One reporter noted that strong connection in Tokyo CPI to the national CPI which will be published on May 20. A similar boost will complicate BoJ message on inflation. Japan reopened […]