Новости за 17.08.2022

Bed Bath & Beyond stock down over 10% as Ryan Cohen files to sell entire stake

Cisco stock rises as company forecasts stronger revenue growth than expected

U.S. stocks closed lower on Wednesday as the Dow Jones Industrial Average snapped a five-day wining streak following the release of minutes from the Federal Reserve's July meeting. The Dow finished off 171.69 points, or 0.5%, to 33,980.32. The S&P 500 retreated 31.16 points, or 0.7%, to 4,274.04. The Nasdaq Composite shed 164.43 points, or 1.3%, to 12,938.12. The Fed minutes showed that senior Fed officials were worried that elevated inflation could become entrenched if the central bank was perceived as not doing enough. Читать дальше...

Dow snaps win streak, Nasdaq drops 1% following Fed minutes

Signs of a sentiment shift are evident in the rates market, where traders have mostly priced out the chances of a Fed rate cut next year.

Target Corp.'s earnings and stock has suffered in recent months as the discount retailer started aggressively dealing with an inventory glut, likely leaving some investors to wonder why, and is it worth it.

Everyone assumes the advanced economies are falling into recession, but what if everyone is wrong?

Shares of Buebird Bio Inc. jumped 12.1% in trading on Wednesday after the Food and Drug Administration approved the company's gene therapy as a treatment for beta‑thalassemia in some adult and pediatric patients. Beta-thalassemia is a rare, genetic blood disease, and the patients who qualify for the treatment require regular red blood cell transfusions. The one-time wholesale acquisition price for Zynteglo is $2.8 million. Bluebird also announced an outcomes-based agreement in which the company... Читать дальше...

Oil futures finish higher for the first time in four sessions on Wednesday, as U.S. government data showing a more than seven million-barrel weekly drop in domestic supplies helps offset concerns over the global growth outlook.

The rally appears to be driven by the Wall Street Bets crowd on Reddit, the same noisy corner of the online forum that turned AMC and Game Stop into meme stock darlings.

U.S. oil futures finished higher for the first time in four sessions Wednesday, buoyed by hefty weekly declines in domestic crude and gasoline inventories. Prices on Tuesday had fallen by more than 3% to their lowest finish since January. The Energy Information Administration on Wednesday reported that U.S. crude supplies fell 7.1 million barrels for the week ended Aug. 12, while gasoline inventories declined by 4.6 million barrels. September WTI crude rose $1.58, or 1.8%, to settle at $88.11 a barrel on the New York Mercantile Exchange. Читать дальше...

Stocks have roared back from their mid-June lows but have run into stiff resistance at a key moving average for the S&P 500.

U.S. bond yields are still up across the board on Wednesday as investors scan the minutes from the Federal Reserve's July rate-setting meeting.

Miami-based Virgin Voyages, a cruise company led by former Disney Cruise and The World (Residences at Sea) executive Tom McAlpin, said Tuesday it closed on $550 million in new capital to support its growth. BlackRock Inc. led the round, with additional capital from existing investors including Bain Capital Private Equity and Virgin Group, the company launched by Richard Branson. The round comes after Virgin Voyages launched in August, 2021. It's now operating two ships, Scarlet Lady in the Caribbean and Valiant Lady in the Mediterranean. Читать дальше...

U.S. stocks trimmed their losses on Wednesday following the release of minutes from the Federal Reserve's July meeting, with the Dow Jones Industrial Average briefly popping back above the 34,100 level. The blue-chip gauge was off just 71 points, or 0.2%, at 34,082 in recent trade. The S&P 500 was off 20 points, or 0.5%, at 4,284. The Nasdaq Composite was down 105 points, or 0.8%, to 12,999. Fed minutes showed that a group of senior Fed officials disagreed with Fed Chairman Jerome Powell's... Читать дальше...

‘I have probably destroyed my life and his because I gave in to my son's harassment and abuse.’

Federal Reserve officials in July saw the need to raise interest rates by enough to slow the economy, minutes of the July meeting showed.

Fed officials believe they need to raise interest rates to 'restrictive' levels

Gold futures finished at their lowest level in two weeks on Wednesday, then moved up in electronic trading following the release of minutes from the Federal Reserve's July meeting. The minutes, released after the settlement for gold futures, showed that many Fed officials were worried about over-tightening. December gold was at $1,780.10 an ounce in electronic trading following the release of the Fed minutes. The contract had declined by $13, or 0.7%, to settle at $1,776.70 an ounce on Comex Wednesday. Читать дальше...

The head of the Centers for Disease Control and Prevention on Wednesday called for a sweeping overhaul of the agency following its handling of the coronavirus pandemic, describing guidance for the public as "confusing and overwhelming," the New York Times reported, citing a briefing document it obtained. Dr. Rochelle Walensky said the CDC needs a structure that prioritizes public health needs and efforts to contain current outbreaks, and puts less focus on the publication of scientific papers about rare diseases. Читать дальше...

Mars Canada, a unit of candy giant Mars Inc., won a ruling in federal court this week against online cannabis sellers that allegedly offered THC-infused edibles in packaging that closely resembled its Skittles brand, according to reports. "The fact that Skittles are a confectionery product that are attractive to children reinforces the need to denounce the defendants' conduct," Judge Patrick Gleeson in a ruling published Monday, as reported by Canada.com. Mars Canada took legal action against West Coast Supply... Читать дальше...

Shares of EPR Properties tumbled as much as 9.5% intraday before bouncing to be down 6.9% midday Wednesday, after the real estate investment trust (REIT) commented on Cineworld Group PLC's disclosure that it was evaluating options for additional liquidity and a balance sheet restructuring. EPR noted that U.K.-based movie theater operator Cineworld is the parent of entities that lease EPR's Regal theaters; cinema chain operator Regal Entertainment is a Cineworld subsidiary. Cineworld's U.S.-listed... Читать дальше...

Dow industrials and Nasdaq Composite each suffer 200-point intraday skid

Facebook parent Meta to restrict political advertising in week before midterms

Shares of Target Corp. took a hit Wednesday, after the discount retailer reported a big fiscal second-quarter profit miss, as excess inventory continued to present a big challenge to results, while revenue managed to top expectations.