Latest Market News
AmerisourceBergen Corp. ABC, -1.32% said Wednesday that it set a new $1 billion stock repurchase program. That represents 3.1% of the pharmaceutical and health care products company’s market capitalization of $32.42 billion at Tuesday’s stock closing price. As of May 31, the company said it had $321 million remaining from the buyback program it set […]
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ, adding they’re happy they didn’t “go head long” into a cryptocurrency offering. 1247 Total views 20 Total shares Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade […]
U.S. stocks were down soon after the opening bell Tuesday morning, with the Dow Jones Industrial Average leading the decline after Memorial Day weekend. The Dow Jones Industrial Average was down 408 points, or 1.2%, at around 32,805 DJIA, -0.67%, while the S&P 500 SPX, -0.63% fell around 1% and Nasdaq Composite COMP, -0.41% dipped […]
EU leaders were able to agree on a sixth package of sanctions last night that would include an embargo on Russian oil, excluding pipeline supplies to landlocked countries. The decision to hit Russia’s export revenues will have a high cost in potentially higher inflation and lower EU growth. The ECB’s search for a compromise between […]
LSE Suspends Gazprom As of May 31stThe London Stock Exchange announced today that it has suspended shares of Russian state-owned energy supplier Gazprom from trading. The company reportedly requested its shares be suspended a full month ago with May 31st the agreed date for the suspension to become active.Notably the suspension comes just as the […]
Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto. 1582 Total views 48 Total shares A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, […]