News
Important Only
Stocks
Booking Holdings gets a 'buy' from BTIG, shares rise
** Shares of online travel agency Booking Holdings BKNG.O rise ~1% to $4,492.27 premarket** BTIG upgrades rating on BKNG to "buy" from "neutral" and maintains PT at $5,500, which represents a 23.6% upside to stock's last close** Company's Q1 results will beat expectations on ...Reuters
Fri, Apr 4
Stocks
Nordstrom down after Citigroup downgrades to 'sell', cuts PT
** Shares of Nordstrom JWN.N down about 2% at $23.42 premarket** Brokerage Citigroup cuts rating on stock to "sell" from "neutral" citing the impact of results of the pending deal** Last year, the Nordstrom family combined with Mexican retailer Liverpool to clinch a $4 billion deal t...Reuters
Fri, Apr 4
Economic Indicator
Fed to go big with June start to interest-rate cuts, traders bet
April 4 (Reuters) - Traders on Friday bet the Federal Reserve will wait until June to start cutting interest rates after a government report showed stronger than expected jobs growth last month, even as they bet that the first rate cut will be a bigger-than-usual half-point reduction. Bets in short-...Reuters
Fri, Apr 4
Other
MNK renames Lloyd's broker under unified brand
By Rebecca DelaneyApril 4 - (The Insurer) - MNK Group has unified its broking, MGA and risk-taking entities under a single brand across the geographies it operates in.Under the new brand, Lloyd's broker MNK Re has been renamed MNK International.The new brand also encompasses Specialty MGA, which...Reuters
Fri, Apr 4
Stocks
Best Stock to Buy Right Now: Amazon vs. Home Depot
There's a lot of uncertainty in the stock market right now, and it's causing many investors to reconsider some of their stocks and look at which ones might offer good opportunities to buy. With U.S. President Donald Trump's ongoing tariff actions against trade partners and some economists increasing...The Motley Fool
Fri, Apr 4
Stocks
GLOBAL MARKETS-Stocks plunge again after Trump tariff rout as China strikes back
Stocks extend global selloff after China retaliatesEuropean stocks set for worst day since pandemicTraders ramp up bets on Fed, BoE, ECB rate cutsTrump's tariffs send investors running to safe havens Live coverage of the latest developments on tariffsBy Harry Robertson LONDON, April 4 ...Reuters
Fri, Apr 4
Stocks
HSBC says rotation out of U.S. stocks and into international will continue
Investing.com -- HSBC analysts predict that the ongoing shift from U.S. equities to international markets will persist as concerns about U.S. growth and the impact of tariffs intensify. The recent annInvesting.com
Fri, Apr 4
Other
SRG names Hiscox’s Holmes to lead UK niches and schemes
By Ryan HewlettApril 4 - (The Insurer) - Specialist Risk Group has appointed Nicola Holmes as director of niches and schemes, including its private clients division, for its UK retail arm Specialist Risk Insurance Solutions.Holmes joins the expansive intermediary following an 18-year career at Hisco...Reuters
Fri, Apr 4
Stocks
Why FuboTV Stock Soared 132% in Q1 While the S&P 500 Had Its Worst Quarter Since 2022
In contrast with the S&P 500 index's worst quarterly performance since the bear market of early 2022, share prices of streaming television service FuboTV (NYSE: FUBO) rose 132% in Q1. This strength turns heads, particularly when the overall market struggles.But a deeper dive on FuboTV stock's big mo...The Motley Fool
Fri, Apr 4
Economic Indicator
Taiwan unveils $2.7 billion in help for companies to deal with US tariffs
Taiwan faces 32% tariff from United StatesSemiconductors, a major Taiwan export, not yet includedTaiwan to discuss tariffs with United States TAIPEI, April 4 (Reuters) - Taiwan's government announced T$88 billion ($2.67 billion) worth of financial help on Friday for companies and industries t...Reuters
Fri, Apr 4
Commodities
Russian court rules not to suspend Caspian pipeline oil export terminal, CPC says
Russian watchdog had restricted CPC exports terminalsKazakh oil output could have significantly decreasedNot clear when CPC resumes exports terminal operations in fullTransneft also suspended a berth at the port of Novorossiisk MOSCOW, April 4 (Reuters) - The Caspian Pipeline Consortium (CPC) sai...Reuters
Fri, Apr 4
Other
Akoya Biosciences - On April 2, Entered Securities Purchase Agreement With Quanterix Corporation
April 4 (Reuters) - Akoya Biosciences Inc AKYA.O:AKOYA BIOSCIENCES - ON APRIL 2, ENTERED SECURITIES PURCHASE AGREEMENT WITH QUANTERIX CORPORATIONAKOYA BIOSCIENCES INC -PURSUANT TO SECURITIES PURCHASE AGREEMENT, CO TO ISSUE CONVERTIBLE NOTES UP TO $30 MILLION - SEC FILINGSource text: [ID:n0001104659-...Reuters
Fri, Apr 4
Stocks
RH slides after BofA downgrades to 'underperform' on tariff risks
** Shares of luxury furniture retailer RH RH.N fall ~7% to $139 premarket** Brokerage BofA downgrades RH to "underperform" from "buy", citing tariffs eroding co's relative strengths and earnings power** Also cuts RH's PT to $130 from $410, a 13% downside to the stock's la...Reuters
Fri, Apr 4
Other
China files complaint with WTO over new US tariffs
WTO confirms request for consultationsConsultation is first stage of formal disputeWTO now has 60 days to try and find resolutionChina announces 34% retaliatory tariffs on US goods GENEVA, April 4 (Reuters) - China said it had opened a formal complaint against the new U.S. tariffs with the World...Reuters
Fri, Apr 4
Stocks
US STOCKS SNAPSHOT-Futures hold onto losses after March nonfarm payrolls data
April 4 (Reuters) - U.S. stock index futures held onto losses on Friday as investors assessed nonfarm payrolls data for March to gauge the health of the world's largest economy.A Labor Department report showed the U.S. economy added 228,000 jobs last month, compared with economists' estimate...Reuters
Fri, Apr 4
Other
Rogers Concludes Definitive Agreement For Cdn$7 Billion Equity Investment
April 4 (Reuters) - Rogers Communications Inc RCIb.TO:ROGERS CONCLUDES DEFINITIVE AGREEMENT FOR CDN$7 BILLION EQUITY INVESTMENTROGERS COMMUNICATIONS INC - TO MAINTAIN FULL OPERATIONAL CONTROL OF ITS WIRELESS NETWORKROGERS COMMUNICATIONS INC - BLACKSTONE TO HOLD 49.9% EQUITY INTEREST IN ROGERS SUBSID...Reuters
Fri, Apr 4
Other
DIARY-Political and General News Events from April 4
April 4 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Fri, Apr 4
