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Viatris falls after resolving opioid-related claims for $335 mln
** Shares of the drug maker Viatris VTRS.O fall about 3.6% to $7.34, its lowest since 2008** Co says it would pay up to $335 mln over nine years as part of a nationwide settlement to resolve opioid-related claims** VTRS to pay between $27.5 mln and $40 mln annually toward state and local opioid init...Reuters
Apr 7, 2025
INSTANT VIEW-US stocks resume slide amid gloom over Trump tariffs, recession
April 7 (Reuters) - The global stocks meltdown continued at Wall Street's open on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting risk of recession could see the Federal Reserve cutting interest rates as early a...Reuters
Apr 7, 2025
US footwear makers extend declines on tariff turmoil
** Shares U.S.-listed footwear makers slip in early trading on President Donald Trump's tariffs and rising recession fears .N** Trump's tariffs on Asia production hubs, including Vietnam, Indonesia and China, are a major blow to Nike NKE.N and Roger Federer-backed On Holding ONON.N, among ot...Reuters
Apr 7, 2025
BofA, Oppenheimer latest on Wall St to slash S&P 500's annual target
April 7 (Reuters) - BofA Global Research and Oppenheimer Asset Management on Monday became the latest Wall Street research firms to cut their year-end targets for the S&P 500 index to below the 6,000 mark in response to risks from a deepening global trade war.Oppenheimer reduced its target for t...Reuters
Apr 7, 2025
H.C. Wainwright initiates coverage for Ionis Pharma with 'buy' rating citing pending drug launches
** Brokerage H.C. Wainwright starts coverage on drugmaker Ionis Pharmaceuticals IONS.O with "buy" rating and a PT of $45 ** Brokerage sees upside in IONS' pending commercial launches, including Tryngolza for lowering triglycerides and Wainua for transthyretin-mediated amyloidosis (ATTR)*...Reuters
Apr 7, 2025
US retail stocks tumble amid rising recession fears
** Shares of major U.S. retailers fall in early trading on mounting fears of a recession following President Donald Trump's sweeping tariffs announced last week** The S&P 500 was on track to confirm bear market territory .N** Retail giant Walmart WMT.N down 2.7%, big-box retailer Target TGT....Reuters
Apr 7, 2025
S&P 500 on pace to confirm bear market as Trump's tariffs hammer stocks
S&P 500 down over 20%, signaling bear marketNasdaq confirmed bear market last weekTech firms hit hardest; Apple down nearly 30% this yearBy Shashwat Chauhan April 7 (Reuters) - The S&P 500 index slumped further on Monday and was down more than 20% from its all-time highs, putting the most...Reuters
Apr 7, 2025
CANADA STOCKS-TSX opens lower amid tariff turmoil
April 7 (Reuters) - Canada's main stock index opened lower on Monday, with energy stocks leading the losses, as the global market rout intensified after U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans. At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchan...Reuters
Apr 7, 2025
Vici Properties Stock Soared in Q1 While the S&P 500 Struggled. Here's Why.
Vici Properties (NYSE: VICI) had a great first quarter. The real estate investment trust (REIT) soared 11.7% to start the year, according to data provided by S&P Global Market Intelligence. That rally came during a period when the S&P 500 struggled. The broad market index was down 4.6%, its biggest ...The Motley Fool
Apr 7, 2025
US STOCKS SNAPSHOT-Wall St opens sharply lower, S&P 500 nears bear market territory
April 7 (Reuters) - Wall Street's main indexes opened sharply lower on Monday, with the S&P 500 on track to confirm bear market territory, as investors sought refuge in government bonds on economic worries over the fallout of U.S. President Donald Trump's sweeping tariff plans.At 09:31 a...Reuters
Apr 7, 2025
Japan PM Ishiba says he told Trump to rethink tariff policies
TOKYO, April 7 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Monday he told U.S. President Donald Trump in a telephone call that his tariff policies are extremely disappointing and urged him to rethink."I've told the President that Japan has been the biggest investor in the Unit...Reuters
Apr 7, 2025
MIDEAST STOCKS-Most Gulf markets slide as trade war stokes fears of global recession
By Ateeq Shariff April 7 (Reuters) - Most stock markets in the Gulf ended lower on Monday, as equities across the world tanked on fears of a global recession caused by U.S. President Donald Trump's sweeping tariffs and the escalating trade war.China on Friday had announced retaliatory measure...Reuters
Apr 7, 2025
Janover soars after former Kraken executives buy majority stake
** Commercial property financing platform Janover's JNVR.O shares more than double to $9.59 in premarket trading** Says a group of former executives of cryptocurrency exchange Kraken have acquired majority ownership in JNVR** Joseph Onorati, formerly chief strategy officer at Kraken Digital Asse...Reuters
Apr 7, 2025
IBM Acquires Hakkoda Inc., Expanding Data Expertise to Fuel Clients' AI Transformations
ARMONK, N.Y., April 7, 2025 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients get their data r...PR Newswire
Apr 7, 2025
2024 Sustainability Report Showcases Yum China's Consistent Commitment to ESG
SHANGHAI, April 7, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it has published its 2024 Sustainability Report. This report outlines the achievements and ongoing progress towards Yum China's sustaina...PR Newswire
Apr 7, 2025
US STOCKS-Wall Street set for heavy losses, S&P 500 nears bear territory
Futures down: S&P 500 2.51%, Nasdaq 100 2.56%, Dow 2.32%Howmet Aerospace falls on report it may halt orders if hit by tariffsS&P 500, Dow futures down 20% from record highsInvestors expect more US rate cuts this yearBy Pranav Kashyap and Purvi Agarwal April 7 (Reuters) - Wall Street's...Reuters
Apr 7, 2025
The Stock Market Has Crashed Following President Trump's Tariffs. History Says This Will Happen Next.
Stock indexes have been posting records recently -- but not the kind of records investors like. The S&P 500 on Friday delivered its worst performance since the start of the pandemic back in 2020. And both the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq (NASDAQINDEX: ^IXIC) on March 31 completed their w...The Motley Fool
Apr 7, 2025
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