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Soccer-Real Madrid oppose LaLiga Miami match and urge UEFA, FIFA to block it
By Fernando Kallas MADRID, Aug 12 (Reuters) - Real Madrid on Tuesday denounced plans to stage a LaLiga match between Barcelona and Villarreal in Miami, warning the proposal could undermine football's competitive balance and vowing to petition global governing bodies to block the move.The Span...Reuters
Tue, Aug 12
Cryptocurrencies
Radiant Capital hacker sells 3,091 ETH for 13.26 million DAI
Radiant Capital hacker offloaded 3,091 Ethereum tokens worth $13.26 million in DAI stablecoins. The exploiter sold ETH at $4,291 per token before transferring DAI to another wallet. This latest movement follows the October 17, 2024, hack that drained $53 million from the cross-chain lending protocol. Hacker liquidates stolen ETH holdings for stablecoin conversion The Radiant […]Cryptopolitan
Tue, Aug 12
Stocks
Starbucks up after Baird Equity Research upgrades to 'outperform'
** Shares of coffee giant Starbucks SBUX.O up ~2% at $93.65 in the morning trade** Brokerage Baird Equity Research raises rating to "outperform"" from "neutral", citing turnaround strategies under new leadership will be effective in transforming Starbucks into a better company** ...Reuters
Tue, Aug 12
Stocks
US airlines jump as fares go up in July
** Shares of U.S. airlines rise after Consumer Price Index data shows rising airfare in July** Data shows airline fares rose 4% in July vs 0.1% fall in the preceding month, marking the first year-over-year as well as sequential increase in six months ** Jetblue Airways JBLU.O, American Airlines AAL....Reuters
Tue, Aug 12
Stocks
Resideo Technologies jumps after Morgan Stanley upgrades to 'overweight' rating
** Smart home solution provider Resideo Technologies REZI.N shares rise ~12.4% to $30.89** Morgan Stanley upgrades REZI to "overweight" from "equal-weight" rating on co's strong Q2 performance and cancellation of its indemnification agreement ** Brokerage says cancellation of the...Reuters
Tue, Aug 12
Other
ABA ends diversity requirements for governing board seats
By Karen Sloan Aug 12 (Reuters) - The American Bar Association will no longer set aside five seats on its Board of Governors for women, racial minorities and other underrepresented groups under a change approved Tuesday by the ABA's policymaking body.Those seats will now be open to candidates...Reuters
Tue, Aug 12
Cryptocurrencies
Ethereum Is The New Bitcoin, Expert Predicts: Best Crypto to Buy Now?
What if use cases are overstated, talk of financial instruments is largely exaggerated, and the main reason people like crypto is to generate USD? If you think that, you’re likely an unusually savvy investor. You might also be Crypto Chase (@CryptoChase), a well-known crypto influencer and trader on...NewsBTC
Tue, Aug 12
Stocks
Why USA Rare Earth Stock Rocketed Higher Today
Key PointsUSA Rare Earth is developing a rare earth magnet production facility in Oklahoma.Management reported strong interest from potential customers.USA Rare Earth announced it had signed a memorandum of understanding with Enduro today.10 stocks we like better than USA Rare Earth › Bouncing back ...The Motley Fool
Tue, Aug 12
Stocks
Top Calls on Wall Street: Nvidia, Tesla, Micron, Starbucks, Monday.com, American Express, and More
Here are Tuesday’s biggest calls on Wall Street:Bank of America reiterates Nvidia as buyBank of America said it is sticking with the stock following reports of a favorable deal for Nvidia to receive chip export licenses.“Busy period of interactions between the US Government (USG)/White House (WH) an...Tiger News
Tue, Aug 12
Stocks
EMERGING MARKETS-LatAm markets cheer cooler US CPI; stock index hits five-week high
US, China extend tariff truce by 90 daysMSCI Latam FX 0.6%, stocks jump 1.6%Colombia bought back $2.96 billion in bondsBrazil July CPI rise 0.26% By Pranav Kashyap Aug 12 (Reuters) - Latin American assets advanced Tuesday as a milder U.S. inflation print buoyed sentiment, lifting a regional stock...Reuters
Tue, Aug 12
Commodities
Brazil consumer coffee prices fall in July for first time in 18 months
RIO DE JANEIRO, Aug 12 (Reuters) - Brazil's consumer coffee prices fell 1.01% in July, the first drop in 18 months, according to data from the country's Broad National Consumer Price Index (IPCA) published on Tuesday. During the preceding year and a half, coffee was one of the main drivers o...Reuters
Tue, Aug 12
Stocks
Green Dot hits nine-month high after raising annual profit forecast
** Digital bank Green Dot's GDOT.N shares jump as much as 33.6% to $13.27, touching their highest level since November** GDOT raised its annual adjusted profit forecast on Monday, betting on increasing demand for banking as a service (BaaS) with its new and expanding partnerships** The company i...Reuters
Tue, Aug 12
Cryptocurrencies
Ethereum Price Prediction: $10,000 ETH Possible, But Remittix Could Deliver Higher ROI After Huge CEX Listing Reveal
The Ethereum Price Prediction has caused a stir of late, with some indicating a rise to $10,000. While Ethereum remains the crypto standard bearer, other projects like Remittix are also garnering attention due to their use cases and imminent deadlines. With Remittix’s presale nearing $20 million and an upcoming beta wallet, investors are peering over […]Cryptopolitan
Tue, Aug 12
Other
Fannie Mae To Sell 3,058 Loan Reperforming Loans With $560.5 Mln Unpaid Principal
Aug 12 (Reuters) - Federal National Mortgage Association FNMA.PK:FANNIE MAE ANNOUNCES SALE OF REPERFORMING LOANSFEDERAL NATIONAL MORTGAGE ASSOCIATION - SALE INCLUDES 3,058 LOANS WITH $560.5 MILLION UNPAID PRINCIPALFEDERAL NATIONAL MORTGAGE ASSOCIATION - BIDS FOR SALE DUE SEPTEMBER 4, 2025FANNIE MAE:...Reuters
Tue, Aug 12
Other
Canbridge Pharmaceuticals Announces Units Formalized Strategic Relationship
Aug 12 (Reuters) - Canbridge Pharmaceuticals Inc 1228.HK:2 UNITS FORMALIZED STRATEGIC RELATIONSHIP WITH UNIT OF QINGDAO BAHEAL MEDICALQINGDAO BAHEAL MEDICAL APPOINTED EXCLUSIVE CONTRACT SALES ORGANIZATION FOR CO IN CHINA, HK, MACAUReuters
Tue, Aug 12
Other
CANADA RESEARCH ROUNDUP-Cogeco Communications, EQB, Isoenergy
Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Cogeco Communications, EQB and Isoenergy on Tuesday.HIGHLIGHTS * Adentra Inc ADEN.TO: CIBC raises target price to C$42.00 from C$37.00 * Cogeco Communications Inc CCA.TO: Nat...Reuters
Tue, Aug 12
Other
Dream Impact Trust Says To Sell 10% Of 49 Ontario St. Project To CentreCourt
Aug 12 (Reuters) - Dream Impact Trust MPCT_u.TO:DREAM IMPACT TRUST PROVIDES A BUSINESS UPDATEDREAM IMPACT TRUST - EXPECTS TO REDUCE LAND LOANS BY $140 MILLION IN 2025DREAM IMPACT TRUST - OVER NEXT 5-YEAR PLANNING PERIOD, PLANS TO SELL MOST COMMERCIAL ASSETS & SOME APARTMENT BUILDINGSDREAM IMPACT...Reuters
Tue, Aug 12
