News
Important Only
ReutersMon, Dec 22
Fastenal to replace CEO Daniel Florness with insider Jeffery Watts
GBP/USD jumps above 1.34 as UK GDP meets forecasts, Dollar trades thin
ReutersMon, Dec 22
JPMorgan exploring crypto trading for institutional clients, Bloomberg News reports
ReutersMon, Dec 22
Coinbase Global To Acquire The Clearing Company
ReutersMon, Dec 22
Morgan Stanley cuts PT for Paychex on exposure to SMBs
ReutersMon, Dec 22
China's November refined copper exports hit 2nd-highest on record
Other
Fastenal to replace CEO Daniel Florness with insider Jeffery Watts
By Parth Chandna Dec 22 (Reuters) - Industrial supplies distributor Fastenal FAST.O said on Monday that long-time company insider Jeffery Watts will replace Daniel Florness as CEO, effective from July 16, 2026.Florness will also resign from Fastenal's board, but will serve as strategic advis...Reuters
Mon, Dec 22
Forex
GBP/USD jumps above 1.34 as UK GDP meets forecasts, Dollar trades thin
GBP/USD rallies during the North American session on Monday, up by 0.59% after the latest data in the UK showed that the economy grew as expected amid thin liquidity trading as investors brace for Christmas eve holiday.Fxstreet
Mon, Dec 22
Cryptocurrencies
JPMorgan exploring crypto trading for institutional clients, Bloomberg News reports
Dec 22 (Reuters) - JPMorgan Chase JPM.N is considering offering cryptocurrency trading to its institutional clients, Bloomberg News reported on Monday, underscoring Wall Street banks' growing participation in the digital assets sector.The largest U.S. bank is assessing what services the markets ...Reuters
Mon, Dec 22
Stocks
Morgan Stanley cuts PT for Paychex on exposure to SMBs
Brokerage Morgan Stanley cuts PT for payroll service provider Paychex PAYX.O to $123 from $133Brokerage cites softer revenue per employee trends as evidence of small and mid-sized businesses' (SMBs) desire to manage costMorgan Stanley highlights the underwhelming top-line performance of Paycor, ...Reuters
Mon, Dec 22
Economic Indicator
China's November refined copper exports hit 2nd-highest on record
Nov refined copper exports at 142,991 T vs 65,945 T in OctMore than one-third of shipments were bound for the USDec 22 (Reuters) - China's exports of refined copper surged in November to their second-highest monthly level on record, customs data showed at the weekend, as a price arbitrage made i...Reuters
Mon, Dec 22
Cryptocurrencies
DeFAI and DeSci end year among crypto’s worst-performing narratives
Decentralized finance plus artificial intelligence (DeFAI) and decentralized science (DeSci) narratives have emerged at the bottom of major crypto sector performance rankings for the year. Crypto natives have endured a topsy-turvy year where many of the promising narratives that got all the hyped ended up leading the group of worst performers, as the only strong […]Cryptopolitan
Mon, Dec 22
Stocks
Silver miners rise as rate cut bets fuel rally
Shares of silver miners rise, tracking higher prices of the white metal GOL/Spot silver up 2.8% at $69.04 per ounce, after hitting a record high of $69.44 per ounce earlier in the sessionPrice rise propelled by expectations of U.S. rate cutsHecla Mining HL.N up 5.6% and Coeur Mining >...Reuters
Mon, Dec 22
Stocks
PRECIOUS-Gold jumps over 2% to all-time peak; silver follows with record gain
Gold hits all-time high of $4,428.92/ozSilver hits record high of $69.44/ozPlatinum at over 17-year highPalladium hits near three-year highBy Sherin Elizabeth Varghese Dec 22 (Reuters) - Gold jumped more than 2% to a record high on Monday, powered by safe-haven flows as U.S.-Venezuela tensions fl...Reuters
Mon, Dec 22
Stocks
Janus Henderson gains after Trian, General Catalyst's $7.4 billion buyout
Shares of money manager Janus Henderson JHG.N up 3.4% at $47.61 after hedge fund Trian and General Catalyst agree to buy co in $7.4 bln all-cash dealJanus shareholders to receive $49 per share, an 18% premium to Oct. 24 close before first proposal was revealedTo last close of $46.02, the offer impli...Reuters
Mon, Dec 22
Cryptocurrencies
Aster builds recovery momentum as network debuts stage 5 token buyback program
Aster is trading above $0.70 at the time of writing on Monday, as the cryptocurrency market extends its recovery albeit gradually. The perpetual decentralized exchange (DEX) native token has increased by over 9% since its record low of $0.65 on Friday, signaling a developing bullish outlook.Fxstreet
Mon, Dec 22
Stocks
Stanley Black & Decker jumps as Howmet to buy co's unit for $1.8 billion
Shares of power tools maker Stanley Black & Decker's SWK.N up nearly 6% at $77Airplane parts maker Howmet Aerospace HWM.N down nearly 1% at about $202Howmet to acquire Consolidated Aerospace Manufacturing from Stanley Black & Decker for about $1.8 billion in cashThe deal, expected to clo...Reuters
Mon, Dec 22
Other
Deals of the day-Mergers and acquisitions
Dec 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday: Trian Fund Management and General Catalyst have agreed to buy asset manager Janus Henderson in an all-cash deal worth $7.4 billion, the companies said.nL4N3XS0X0 Glob...Reuters
Mon, Dec 22
Stocks
Uniform retailer UniFirst surges after Cintas makes $5.2 billion takeover bid
Shares of uniform retailer UniFirst UNF.N jump about 15% at $195.50 in early tradingCintas CTAS.O proposes to acquire UNF in a deal valued at $5.2 billion Says UNF shareholders to get $275 per share in an all-cash deal, representing 53% premium over the stock's closing price on December 12 when ...Reuters
Mon, Dec 22
