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BUZZ-India's Glenmark Pharma rises on settling anti-trust lawsuit with plaintiffs
** Shares of Glenmark Pharmaceuticals GLEN.NS up ~4% to 1350.5 rupees** Co settles remaining antitrust and consumer protection lawsuits with three plaintiffs in connection with generic cholesterol drug Zetia** Plaintiffs include Humana HUM.N, Centene Corp CNC.Nand Kaiser Foundation Health Plan [RIC:...Reuters
Mon, Feb 24
LIVE MARKETS-Morning Bid: Relief as German vote dodges extremes
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.MORNING BID: RELIEF AS GERMAN VOTE DODGES EXTREMESThe market reaction has been relief at the election of the relatively mainstream CDU...Reuters
Mon, Feb 24
EMERGING MARKETS-Asian currencies shine as dollar steps back; Singapore stocks hit record high
.Weaker US dollar pushes Asia FX higherThai stocks hit lowest since 2020Singapore stocks at record high after government planWall Street rout drag Asian equities lowerBy Rajasik Mukherjee and Roushni Nair Feb 24 (Reuters) - Asian currencies rose to multi-week highs on Monday after risk sentiment ...Reuters
Mon, Feb 24
EMERGING MARKETS-Asian currencies shine as dollar steps back; Singapore stocks hit record high
Weaker US dollar pushes Asia FX higherThai stocks hit lowest since 2020Singapore stocks at record high after government planWall Street rout drag Asian equities lowerBy Rajasik Mukherjee and Roushni Nair Feb 24 (Reuters) - Asian currencies rose to multi-week highs on Monday after risk sentiment i...Reuters
Mon, Feb 24
BREAKINGVIEWS-Nissan offers suitors daunting risk-reward trade
At least Makoto Uchida knows his turnaround plan for Nissan Motor 7201.T is worth something. The beleaguered $11 billion Japanese carmaker’s CEO now has KKR KKR.N mulling an investment, Bloomberg reported on the same day he officially broke off merger talks with Honda 7267.T. Foxconn 2317.TW is...
Reuters
Mon, Feb 24
Berkshire Hathaway reports record operating earnings as cash pile swells further
Warren Buffett's Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb) reported record operating earnings for 2024, driven by strong performance in its insurance businesses and higher investment income. Meanwhile, the firm's cash position rose to a new high of $334.20 billion in the fourth quarter.Investing.com
Mon, Feb 24
MORNING BID EUROPE-Relief as German vote dodges extremes
A look at the day ahead in European and global markets from Wayne Cole.The market reaction has been relief at the election of the relatively mainstream CDU/CSU conservatives in Germany's election, with DAX futures now up 1.4% after a slow start. The euro has added 0.5% to a one-month high at $1....Reuters
Mon, Feb 24
BUZZ-India's Manappuram Finance gains on report Bain Capital to buy controlling stake
** Shares of Manappuram Finance MNFL.NS climb as much as 3.8% to 209 rupees, last up 2.7% ** Bain Capital is nearing deal worth $1 bln with top shareholders of MNFL, The Economic Times newspaper reported ** Deal to acquire controlling stake in the gold loan financier, report added, citing sources **...Reuters
Mon, Feb 24
China stocks drop on worries over Trump's investment curbs
By Summer Zhen HONG KONG, Feb 24 (Reuters) - China stocks slipped and Hong Kong shares pared early gains to trade lower by midday on Monday, weighed down by concerns over President Donald Trump's new America First Investment Policy that could escalate tensions between the two biggest economie...Reuters
Mon, Feb 24
GLOBAL MARKETS-European stock futures, euro climb as Germany stays mainstream
Asian stock markets : https://tmsnrt.rs/2zpUAr4DAX up, Euro hits 1-mth high as Merz wins German vote Wall St futures bounce ahead of Nvidia earningsAsia stocks dip, trade thin with Tokyo on holiday Adds analyst comment on China, updates pricesBy Wayne Cole SYDNEY, Feb 24 (Reuters) - European shar...Reuters
Mon, Feb 24
UK Stocks-Factors to watch on February 24
Feb 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.10%. * HSBC: HSBC HSBA.L, 0005.HK is aiming to raise $1 billion in a perpetual additional Tier 1 dollar bond issuance, a source with direct knowledge of the matter said on Monday....Reuters
Mon, Feb 24
BUZZ-Australia's Lovisa Holdings slips after co misses interim profit estimate
** Shares of Lovisa Holdings LOV.AX fall as much as 7.9% to A$27, their lowest levels since January 16 ** Lovisa stock among top losers in the ASX 200 benchmark index .AXJO** Lovisa reported HY NPAT of A$56.9 mln ($36.29 mln), up 6.5% pcp but below market estimates with Visible Alpha consensus of A...Reuters
Mon, Feb 24
SNAPSHOT-India stocks, rupee, swaps, call at 10:00 a.m. IST
.MUMBAI, Feb 24 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 0.94% at 74,600, while the broader NSE Nifty 50 .NSEI declined 0.95% to 22,579 mirroring global peers, as concerns over slowing U.S. growth added to ongoing worries over the impact of President Donald Trump's tariffs. .B...Reuters
Mon, Feb 24
SNAPSHOT-India stocks, rupee, swaps, call at 10:00 a.m. IST
MUMBAI, Feb 24 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 0.94% at 74,600, while the broader NSE Nifty 50 .NSEI declined 0.95% to 22,579 mirroring global peers, as concerns over slowing U.S. growth added to ongoing worries over the impact of President Donald Trump's tariffs. .BO...Reuters
Mon, Feb 24
Australia's Perpetual ends talks with KKR on $1.4 billion sale of wealth, trust units
Independent expert said deal not in best interest of shareholdersNegative tax ruling had affected returns to shareholdersPerpetual CEO expects other parties to be interested in wealth businessUpdates share price in second paragraph and adds CEO comment from fifth paragraphBy Scott Murdoch SYDNEY,...Reuters
Mon, Feb 24
BUZZ-Block's ASX-listed shares plunge on quarterly profit miss
** ASX-listed shares of Block XYZ.AX plunge as much as 13% to A$108, lowest since October 24, 2024** Stock logs biggest intraday pct drop since March 24, 2023** ASX stock among top losers on benchmark ASX 200 .AXJO** Payments firm misses Q4 profit estimates as holiday season spending and gains from ...Reuters
Mon, Feb 24
INDIA STOCKS-Indian benchmarks set to open lower on global demand, tariff woes
Indian benchmark stock indexes are set to open lower on Monday, tracking weakness in their global peers, after the U.S. equities tumbled in the previous session on concerns over softening consumer demand and tariff threats.Reuters
Mon, Feb 24
1 Must-Know Risk for Etsy Investors
After soaring 2,170% in the five-year period leading up to their peak in November 2021, shares of Etsy (NASDAQ: ETSY) have come crashing down. They currently trade 83% below that record from more than three years ago.As of this writing, Etsy shares can be purchased at a dirt-cheap forward price-to-e...The Motley Fool
Mon, Feb 24
GLOBAL MARKETS-German stock futures, euro jump on Merz win
Asian stock markets : https://tmsnrt.rs/2zpUAr4DAX up, Euro hits 1-mth high as Merz wins German vote Wall St futures bounce ahead of Nvidia earningsAsia stocks dip, trade thin with Tokyo on holiday Adds Chinese stocks, updates pricesBy Wayne Cole SYDNEY, Feb 24 (Reuters) - European shares and the...Reuters
Mon, Feb 24
