News

Sep 19
UPDATE: Theravance Biopharma plans $250 million capital return program; stock jumps 3% premarket

Theravance Biopharma Inc. TBPH, +0.20% said Monday its board has authorized a $250 million capital return program, that includes buying back its own stock from GSK Plc GSK, -0.61%. The company will purchase GSK’s entire holdings of about 9.6 million shares at $9.75 a share with the closing expected Tuesday. The company also plans to […]

Sep 19
Market Spotlight: Markets Shaky Following Biden Taiwan Comments

Risk Sentiment Suffers On Biden Coments Along with the current rally in USD, risk sentiment appears to be suffering at the start of the week on the back of comments made by President Biden. During an interview with CBS, when questioned over whether the US military would step in to defend Taiwan in the event […]

Sep 19
DAX H4, Potential For Bearish Momentum

Type: Bearish Drop Key Levels:Resistance: 13399.43Pivot: 12437.6Support: 12123.93 Preferred Case:On the H4, with the price reflecting off the 61.8% Fibonacci retracement line and the price being below ichimoku cloud, we have a bearish bias that the price may break through the pivot line and tap onto the 1st support line which is at the 78.6% […]

Sep 19
Ripple, SEC case heads for conclusion after ‘summary judgment’ filed

The United States Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an immediate ruling on whether Ripple’s XRP sales violated U.S. securities laws. In separate motions filed on Saturday by Ripple and the SEC, both have called for a summary judgment in the U.S. District Court […]

Sep 19
Bitcoin falls below $19,000 as risky assets slump ahead of Fed decision

Bitcoin fell below $19,000 on Monday morning, as risky assets sold off ahead of Wednesday’s Federal Reserve interest-rate decision. BTCUSD, -6.58% recently was down 8% to $18,501.23, while ETHUSD, -5.73% fell 11% to $1,302.48. U.S. stock futures ES00, -0.93% also were pointing to a weaker start.

Sep 19
Tesla plans to double German auto sales for 2022: report

Tesla Inc. TSLA, -0.13% plans to “double sales each year,” a local executive told the Automobilwoche weekly said in an interview that published Sunday, Reuters reported. The total gain would see sales climb to around 80,000 for this year, from sales of nearly 40,000 in 2021. A spokesperson from Tesla wasn’t immediately available for comment. […]