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Gold Stocks Extend Losses As Spot Gold Falls Below $4,000/Oz; Gold Fields down 9%; Gold Resources down 8%
Gold stocks fell in Monday trading as spot gold extended decline, last down nearly 2.9% to $3,991/Oz.Gold Fields fell 9%; Gold Resources fell 8%; Coeur Mining, Harmony Gold, U.S. Gold fell 7%; Newmont, Kinross fell 6%.Tiger News
20 hours ago
EMERGING MARKETS-Argentina leads LatAm rally after Milei's midterm triumph ignites market frenzy
Benchmark stock index rallies over 19%Brazilian equities hit recordColombia assets extend gainsBy Niket Nishant Oct 27 (Reuters) - Argentine assets rallied sharply on Monday after President Javier Milei's party scored a surprise win in the midterm elections, reinforcing bets on a sweeping ec...Reuters
20 hours ago
US STOCKS-Wall Street scales new highs on US-China trade optimism
Indexes up: Dow 0.51%, S&P 500 0.86%, Nasdaq 1.4%Rare earth miners fall on signs of U.S.-China trade dealU.S.-listed Argentina stocks gain after Milei's election By Pranav Kashyap and Twesha Dikshit Oct 27 (Reuters) - Wall Street's main indexes notched record highs on Monday as expect...Reuters
20 hours ago
LIVE MARKETS-Why the short squeeze is hammering the 'quality factor'
US stocks hit record highs; Nasdaq out front, up ~1.5% Comm Svcs leads S&P sectors; Utilities weakest groupEuro STOXX 600 index up ~0.2%Dollar ~flat; crude edges up; bitcoin up >1%; gold down ~3%US 10-Year Treasury yield rises to ~4.02% Welcome to the home for real-time coverage of markets br...Reuters
20 hours ago
Huntington to buy Cadence for $7.4 billion as US bank deals heat up
Deal to create bank with $276 billion in assetsBanking M&A in 2025 accelerates Cadence shares up 5%, Huntington falls 2.5%Huntington eyes foothold in high-growth marketsBy Manya Saini Oct 27 (Reuters) - Huntington Bancshares HBAN.O agreed to buy smaller rival Cadence Bank CADE.N for $7.4 bill...Reuters
20 hours ago
Carter's rises on plans to cut jobs, shutter stores
Shares of children's apparel retailer Carter's CRI.N up about 5% at $33.77 in early tradingPlans to reduce its office-based roles by about 300 positions, or 15% of workforce, by the end of 2025Targets to close about 150 stores in North America over the next three years, up from its prior pla...Reuters
20 hours ago
LIVE MARKETS-Wall St at record highs on US-China trade deal hopes: eyes on earnings, Fed
US stocks at record highs; Nasdaq out front Comm Svcs leads S&P sectors; Staples weakest groupEuro STOXX 600 index up ~0.1%Dollar ~flat; crude edges up; bitcoin up >1%; gold down >2.5%US 10-Year Treasury yield rises to ~4.03% Welcome to the home for real-time coverage of markets brought to...Reuters
20 hours ago
Copper miners rise as metal hits 17-month high on U.S.-China trade deal optimism
Shares of copper miners gain, tracking a rise in red metal pricesBenchmark copper CMCU3 on the London Metal Exchange up 0.4% at $11,011 a metric ton, after earlier touching $11,094 a ton, the highest since May 20 last yearCopper prices hit a 17-month high on signs of easing U.S.-China trade tensions...Reuters
20 hours ago
MEG Energy rises as Strathcona backs Cenovus's sweetened C$30-a-share bid
Shares of Canada-based MEG Energy MEG.TO gains 4.3% to C$30.09Cenovus Energy CVE.TO says it has further sweetened its bid for MEG, winning long-sought backing from MEG's largest shareholder, Strathcona Resources SCR.TOIts current bid stands at C$30 per share, up from last month's sweetened o...Reuters
20 hours ago
Avidity Biosciences hits record high after Novartis' $12 bln deal to buy co
Shares of Avidity Biosciences RNA.O jump 43.5% to $70.31Stock opens at a record high Swiss drugmaker Novartis NOVN.S to buy U.S. biotech firm for about $12 billion Avidity stockholders will receive $72 per share in cash, representing a premium of 46% to stock's closing price on Fr...Reuters
20 hours ago
Prenetics tumbles on $48 mln stock-and-warrants offering to expand, buy bitcoin
Shares of health sciences co Prenetics Global PRE.O down 17.1% at $13.90 early Mon after equity offering priced Hong Kong-headquartered PRE announces~2.99 mln shares (or pre-funded warrants) and accompanying 5-yr warrants at $16.08 for approx $48 mln gross proceeds Offering price repre...Reuters
20 hours ago
Cadence Bank jumps on $7.4 billion buyout deal with Huntington Bancshares
Regional lender Cadence Bank's CADE.N shares rise 5% to $38.34Huntington Bancshares HBAN.O agrees to buy co in a $7.4 billion all-stock dealCADE shareholders will receive 2.475 shares of HBAN for each share, valuing Cadence at $39.77 a pieceDeal represents a 9% premium to CADE's last close a...Reuters
20 hours ago
Intellia plunges after co pauses late-stage trials of gene-editing treatment
Shares of gene-editing firm Intellia Therapeutics NTLA.O down 42.8% at $61.02; headed for their worst day everCo pauses patient dosing in late-stage trials of its experimental gene-editing treatment called nex-z in a type of protein buildup diseaseNTLA says pause follows severe liver side effects in...Reuters
20 hours ago
Shares of Precious Metal Miners Fall as Gold, Silver Prices Ease on Stronger Dollar, US-China Trade Deal Hopes
U.S.-listed shares of precious metal miners fell as gold, silver prices eased on stronger dollar, US-China trade deal hopes.Gold stocks fell in Monday trading as spot gold fell 2.3% to $4,018/Oz. Gold Fields, Gold Resources fell 6%; Newmont fell 5%; Harmony Gold, U.S. Gold, Coeur Mining fell 4%.Silv...Tiger News
20 hours ago
Keurig Dr Pepper rises on sales forecast lift, $7 billion funding for JDE Peet's deal
Shares of beverage company Keurig Dr Pepper up about 5% at $28.56Co raises annual sales forecast, betting on resilient demand for its energy drinks and carbonated soft beverages in the U.S., as well as international marketsExpects fiscal 2025 constant currency net sales growth in high-...Reuters
21 hours ago
BridgeBio rises as late-stage trial of muscle-wasting drug meets all goals
Shares of drugmaker BridgeBio Pharma BBIO.O rise 10.5% to $60, highest in over four yearsCo says its experimental drug BBP-418 met all the goals in a late-stage trial for a type of limb-girdle muscular dystrophy, a rare muscle-wasting diseaseDrug boosted levels of key muscle protein and cut muscle d...Reuters
21 hours ago
Revvity down after Q3 revenue misses estimates
Shares of medical equipment maker Revvity RVTY.N fall 2.3% to $96.87 during market open Co reports Q3 revenue of $699 mln, lower than analysts' estimates of $700.5 mln – LSEG data Co reports Q3 adj. profit of $1.18/shr vs analysts' average estimate of $1.14/shr – LSEG dataRVTY reaffirms 2%–4...Reuters
21 hours ago
National Bank Investments Announces The Completion Of A Fund Merger And A Change To The Management Fee Reduction Plan For High Net Worth Investors
National Bank of Canada NA.TO:NATIONAL BANK INVESTMENTS ANNOUNCES THE COMPLETION OF A FUND MERGER AND A CHANGE TO THE MANAGEMENT FEE REDUCTION PLAN FOR HIGH NET WORTH INVESTORSReuters
21 hours ago
Klarna Group PLC - Unveils Premium And Max Membership Program
Klarna Group PLC KLAR.N:KLARNA GROUP PLC - UNVEILS PREMIUM AND MAX MEMBERSHIP PROGRAMKLARNA GROUP PLC - PREMIUM MEMBERSHIP COSTS €17.99/MONTH FOR €2,000 ANNUAL PERKSKLARNA GROUP PLC - MAX MEMBERSHIP COSTS €44.99/MONTH FOR €5,000 ANNUAL PERKSReuters
21 hours ago
