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Stocks
U.S. money market fund inflows surge on caution over tariffs
June 6 (Reuters) - U.S. money market funds witnessed huge inflows in the week ended June 4 as investor caution over a rise in U.S. tariffs on steel imports, uncertainties over President Donald Trump's trade disputes with China and a crucial employment report on Friday, boosted demand for safer i...Reuters
Fri, Jun 6
Other
High Liner Foods Acquires Leading U.S. Breaded And Battered Seafood Brands Mrs. Paul's And Van De Kamp's From Conagra Brands, Inc. For USD $55 Million
June 6 (Reuters) - High Liner Foods Inc HLF.TO:HIGH LINER FOODS ACQUIRES LEADING U.S. BREADED AND BATTERED SEAFOOD BRANDS MRS. PAUL'S AND VAN DE KAMP'S FROM CONAGRA BRANDS, INC. FOR USD $55 MILLIONHIGH LINER FOODS INC - DEAL TO BE FUNDED FROM EXISTING ABL FACILITYHIGH LINER FOODS INC - BUYS ...Reuters
Fri, Jun 6
Stocks
Euro zone bond yields little changed after US payroll data
June 6 (Reuters) - Euro zone bond yields were little changed on Friday after U.S. non-farm payroll data showed job growth in the United States slowed in May but was marginally better than forecast.Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro area, pared some of the ...Reuters
Fri, Jun 6
Other
Conagra Brands Enters Into A Definitive Agreement With High Liner Foods
June 6 (Reuters) - Conagra Brands Inc CAG.N:CONAGRA BRANDS ENTERS INTO A DEFINITIVE AGREEMENT WITH HIGH LINER FOODS TO DIVEST THE VAN DE KAMP'S® AND MRS. PAUL'S® BRANDSCONAGRA BRANDS INC - TO SELL VAN DE KAMP'S AND MRS. PAUL'S FOR $55 MILLIONCONAGRA BRANDS INC - DIVESTITURE EXPECTED ...Reuters
Fri, Jun 6
Stocks
INSTANT VIEW-US payrolls growth slows in May, unemployment rate steady
NEW YORK, June 5 (Reuters) - U.S. job growth slowed in May, while the unemployment rate held steady, potentially giving the Federal Reserve a buffer to delay the resumption of interest rate cuts.Nonfarm payrolls increased by 139,000 jobs last month after rising by a downwardly revised 147,000 in Apr...Reuters
Fri, Jun 6
Economic Indicator
US tariff policy could cost Germany 90,000 jobs within a year, says labour office chief
BERLIN, June 6 (Reuters) - U.S. tariff policy could cost Germany 90,000 jobs within a year, the country's labour office head told Sueddeutsche Zeitung newspaper in an interview released on Friday.Federal Employment Agency chief Andrea Nahles was citing the Institute for Employment Research (IAB)...Reuters
Fri, Jun 6
Other
US yields rise after stronger than expected jobs gains in May
June 6 (Reuters) - U.S. Treasury yields rose after data on Friday showed that employers added more jobs than economists had expected in May, while average hourly earnings also rose more than was forecast. Employers added 139,000 jobs last month, above estimates for a 130,000 increase. Average hourlReuters
Fri, Jun 6
Stocks
Acrisure prices $550 million note offering
By Isha MaratheJune 6 - (The Insurer) - Acrisure LLC and Acrisure Finance Inc have announced the pricing of $550 million aggregate principal amount of 6.75% secured senior notes due 2032. The issuers intend to use the net proceeds from the offering – together with the proceeds from a new tranche of...Reuters
Fri, Jun 6
Stocks
Omada Health set for Nasdaq debut after $150 million IPO
** Virtual chronic care provider Omada Health OMDA.O set to begin trading on the Nasdaq later in the day** San Francisco, California-based OMDA late on Thursday raised $150.1 million by selling 7.9 million shares at $19 apiece, the midpoint of its marketed range of $18 to $20 ** At IPO price, OMDA f...Reuters
Fri, Jun 6
Stocks
Broadcom Stock Slips 4% as Earnings Only Slightly Beat Wall Street's Estimate Despite Strong AI Chip Sales
Shares of Broadcom (NASDAQ: AVGO) declined 4% in Thursday's after-hours trading, following the semiconductor and infrastructure software maker's release of its report for the second quarter of fiscal year 2025 (ended May 4). Broadcom's second-quarter earnings edged by Wall Street's expectation and r...The Motley Fool
Fri, Jun 6
Stocks
Is Ford's Big Problem Rearing Its Ugly Head Again?
Let's take a moment to rewind back almost a year ago, when Ford Motor Company (NYSE: F) reported second-quarter earnings for 2024."It's a code-red situation at Ford after a disaster quarter," Daniel Ives, an analyst at Wedbush Securities, said in comparison to healthy results at crosstown rival Gene...The Motley Fool
Fri, Jun 6
Other
US, Chinese officials exchange barbs at Shanghai event over trade
By Casey Hall SHANGHAI, June 6 (Reuters) - U.S. and Chinese officials traded barbs at a celebration held by a U.S. business chamber in Shanghai on Friday, as the chamber appealed to both countries to provide more certainty to American businesses operating in China. Scott Walker, consul general of...Reuters
Fri, Jun 6
Cryptocurrencies
Trump isn't interesting making up with 'man who has lost his mind' Elon Musk
Donald Trump says he’s not calling Elon Musk, and he doesn’t care if they ever speak again. On Friday morning around 7 a.m., during a phone interview with ABC News, the US President was asked about reports that he had a call lined up with Elon later in the day. Trump said: “You mean the […]Cryptopolitan
Fri, Jun 6
Other
Taiwan accuses China of carrying out 'provocative' military patrol near island
Taiwan uses unusually strong wording to condemn Chinese patrolChinese mission happens day after Trump-Xi callTaiwan routinely reports Chinese military activity nearbyTaiwan president marking one year in officeBy Ben Blanchard TAIPEI, June 6 (Reuters) - Taiwan accused China on Friday of raising te...Reuters
Fri, Jun 6
Stocks
G-III Apparel Group falls after pulling annual profit forecast on tariff woes
** Shares of Donna Karan parent G-III Apparel Group GIII.O down ~7% at $25.76 premarket** Co withdraws annual adjusted net income and adjusted EBITDA guidance on uncertainty around tariffs and related macroeconomic conditions** Sees ~$135.0 million in unmitigated cost of tariffs on goods imported in...Reuters
Fri, Jun 6
