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Credit AgricoleAsia overnightA modest retreat in UST yields and Chinese policymakers’ actions to shore up the economy helped sentiment recover a little during the Asian session. Newswires reported that Chinese regulators are considering allowing property developers to use certain funds from presold properties to help ease a liquidity crunch. The PBoC also cut lending rates, […]
Daily Market Outlook, January 20, 2022 Overnight Headlines US President Biden: We Can Still Pass Big Chunks Of Spending Plan Biden: Not There Yet On Possible Easing Of Tariffs On Chinese Goods Manchin, Sinema Join GOP To Sink Filibuster Change For Voting Bill Desperate Dems Signal Support For Cutting Biden Bill Down In Size France […]
The first DEX on Cardano launched on the mainnet today to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing. 864 Total views 10 Total shares Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions. […]
Shares of CSX Corp. CSX, -0.03% fell in the extended session Thursday after the rail operator reported fourth-quarter results that met Wall Street expectations. CSX said it earned $934 million, or 42 cents a share, in the fourth quarter, compared with $760 million, or 33 cents a share, in the year-ago period. Sales rose 21% […]
Jack in the Box and FTX have come to an undisclosed settlement over the mascot related copyright suit, suggesting that the Moon Man’s days may be over in its current form. 1396 Total views 7 Total shares Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come […]
Shares of PPG Industries Inc. PPG, -1.15% fell nearly 3% in the extended session Thursday after the paint and coatings maker reported fourth-quarter profit and sales above Wall Street expectations but said pandemic-related “disruptions” continue to impact production and sales, and it will increase prices to mitigate soaring costs. PPG said it earned $267 million, […]