News

Sep 26
Daily Market Outlook, September 26, 2022

Daily Market Outlook, September 26, 2022 Overnight Headlines UK Pound Plunges To All-Time Low As Fiscal Plan Spurs Exodus Fed’s Bostic: US Could Have A ‘Relatively Orderly’ Slowdown Blinken: China Acting Ever More Aggressively Toward Taiwan Wall Street Banks Prep For Grim China Scenarios Over Taiwan German Ifo Set For Further Decline As Recession Fears […]

Sep 26
Kraken’s incoming CEO: No plans to register with SEC

Dave Ripley says he doesn’t see a reason to register with the SEC as an exchange because Kraken does not offer securities to users. 2283 Total views 12 Total shares The newly appointed CEO of crypto exchange Kraken has stated that he has no plans to register the company with the United States Securities and […]

Sep 26
Planet Fitness stock bounces after a double upgrade to ‘strong buy’ at Raymond James

Shares of Planet Fitness Inc. PLNT, +2.13% bounced 2.2% in afternoon trading Monday, after the fitness center company was doubled upgraded at Raymond James, citing a “highly resilient” business model and “attractive” valuation. Analyst Joseph Altobello raised his rating by two notches to strong buy from market perform, while setting a price target for the […]

Sep 26
Biden proposes new rule to provide better disclosure of airline fees

President Joe Biden is proposing a new rule that would require airlines and travel websites to provide better disclosures about certain fees, according to a White House statement on Monday. “Under the proposed rule, airlines and travel search websites would have to disclose upfront — the first time an airfare is displayed — any fees […]

Sep 26
Ballard Power to order fuel cell engines from Stadler Rail to power the U.S.’s first hydrogen train

Shares of Ballard Power Systems Inc. BLDP, +0.86% rose 0.6% in premarket trading Monday, after the fuel cell power company announced an order from Switzerland-based Stadler Rail AG SRAIL, -0.76% for the supply of six fuel cell engines. Ballard said the engines will be used to power the first hydrogen train in the U.S. The […]

Sep 26
Apollo-backed Rackspace promotes CFO to CEO

Rackspace Technology Inc. RXT, -5.52% on Monday named chief financial officer Amar Maletira as chief executive officer of the company, which is majority owned by Apollo Global Management Inc. APO, -2.64%. Kevin Jones, who has been in the role of CEO for three-and-a-half years, will become an operating advisor with Apollo. Rackspace Technology also said […]