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Stocks
Why Toy Stocks Like Hasbro, Mattel, and Funko Were Plunging Today
Shares of Hasbro (NASDAQ: HAS), Mattel (NASDAQ: MAT), and Funko (NASDAQ: FNKO) were getting crushed today as investors reacted to President Donald Trump's announcement of reciprocal tariffs last night.Consumer discretionary stocks are getting hit especially hard since many of these products are impo...The Motley Fool
Thu, Apr 3
Other
Franklin Resources Announces Preliminary Month-End Assets Under Management
April 3 (Reuters) - Franklin Resources Inc BEN.N:FRANKLIN RESOURCES, INC. ANNOUNCES PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENTFRANKLIN RESOURCES INC - REPORTS PRELIMINARY AUM OF $1.53 TRILLION AT MARCH 31Reuters
Thu, Apr 3
Other
Exxonmobil Changes In Industry Margins To Impact Q1 Energy Products Earnings By $0.3 Billion - $0.7 Billion Versus Q4
April 3 (Reuters) - Exxon Mobil Corp XOM.N:EXXONMOBIL: CHANGES IN INDUSTRY MARGINS TO IMPACT Q1 ENERGY PRODUCTS EARNINGS BY $0.3 BILLION - $0.7 BILLION VERSUS Q4EXXONMOBIL: CHANGES IN LIQUIDS PRICES TO IMPACT Q1 UPSTREAM RESULTS BY $0.0 - $0.4 BILLION VERSUS Q4EXXONMOBIL: CHANGES IN GAS PRICES TO IM...Reuters
Thu, Apr 3
Other
AbbVie cuts 2025 profit forecast on acquisition expenses
April 3 (Reuters) - AbbVie ABBV.N on Thursday cut its 2025 adjusted profit forecast as the drugmaker expects to incur $248 million in acquisition expenses related to milestone payments as well as research and development costs.The company has been focusing on expanding its pipeline since its blockbu...Reuters
Thu, Apr 3
Other
Elliott Sends Letter To Shareholders And Mails Definitive Proxy Materials Outlining Why Board Change Is Needed At Phillips 66
April 3 (Reuters) - Phillips 66 PSX.N:ELLIOTT SENDS LETTER TO SHAREHOLDERS AND MAILS DEFINITIVE PROXY MATERIALS OUTLINING WHY BOARD CHANGE IS NEEDED AT PHILLIPS 66Reuters
Thu, Apr 3
Commodities
SOFTS-Coffee and cocoa fall as Trump tariffs spark demand worries
NEW YORK, April 3 (Reuters) - World cocoa and coffee prices fell on Thursday as investors fretted that President Donald Trump's move to slap punishing tariffs on U.S. imports would damage chocolate and coffee demand in the world's top consumer of the products. Sugar prices also fell, c...Reuters
Thu, Apr 3
Stocks
US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
Bank stocks fall to a multi-month lowSlower loan growth, potential credit stress may emerge for banksInvestment banking fees expected to be under pressureTrading could emerge as a silver lining for large banksBy Nupur Anand and Niket Nishant April 3 (Reuters) - Shares of U.S. banks tumbled to mu...Reuters
Thu, Apr 3
Other
Sonim Technologies Special Committee Confirms Receipt Of Unsolicited Proposal For $4.00 Per Share In Cash
April 3 (Reuters) - Sonim Technologies Inc SONM.O:SONIM TECHNOLOGIES, INC. SPECIAL COMMITTEE CONFIRMS RECEIPT OF UNSOLICITED PROPOSAL FOR $4.00 PER SHARE IN CASHSONIM TECHNOLOGIES:RECEIVED UNSOLICITED NON-BINDING PROPOSAL FROM ORBIC NORTH AMERICA TO ACQUIRE ALL SHARES OF CO FOR $4.00 PER SHARE IN CA...Reuters
Thu, Apr 3
Other
Trump says China could get tariff relief if it approves TikTok deal
April 3 (Reuters) - President Donald Trump on Thursday said he would consider a deal for TikTok where China approves the sale of the short video app in exchange for relief from U.S. tariffs on Chinese imports. Trump said that a deal is close on Tiktok, with multiple investors involved. TikTok face...Reuters
Thu, Apr 3
Other
Casi Pharmaceuticals Signs Agreement To Acquire Equity Interests In Precision Autoimmune Therapeutics
April 3 (Reuters) - CASI Pharmaceuticals Inc CASI.O:CASI PHARMACEUTICALS INC: SIGNS AGREEMENT TO ACQUIRE EQUITY INTERESTS IN PRECISION AUTOIMMUNE THERAPEUTICSCASI PHARMACEUTICALS: TO ACQUIRE ALL OF EQUITY INTEREST IN PRECISION AUTOIMMUNE THERAPEUTICS AT RMB28.4 MILLIONSource text: [ID:n0001104659-25...Reuters
Thu, Apr 3
Other
Brown Forman Corp - Brown-Forman Enters Second Amended Five-Year Credit Agreement - SEC Filing
April 3 (Reuters) - Brown-Forman Corp BFb.N:BROWN FORMAN CORP - BROWN-FORMAN ENTERS SECOND AMENDED FIVE-YEAR CREDIT AGREEMENT - SEC FILINGBROWN FORMAN CORP - LENDERS AGREE TO EXTEND BROWN-FORMAN CREDIT AGREEMENT BY ONE YEAR - SEC FILINGSource text: [ID:n0000014693-25-000024]Further company coverage:...Reuters
Thu, Apr 3
Commodities
Trump says market response to tariffs was expected
ABOARD AIR FORCE ONE, April 3 (Reuters) - U.S. President Donald Trump said on Thursday the market slide due to his decision to impose tariffs was expected and the step was needed to heal the economy, which he called a sick patient.Trump also said he was open to tariff negotiations if other countries...Reuters
Thu, Apr 3
Other
HF Sinclair Corp - Enters Into $2 Bln Credit Agreement - SEC Filing
April 3 (Reuters) - HF Sinclair Corp DINO.N:HF SINCLAIR CORP - ENTERS INTO $2 BILLION CREDIT AGREEMENT - SEC FILINGHF SINCLAIR CORP - CREDIT AGREEMENT INCLUDES ACCORDION FEATURE UP TO $2.75 BILLION - SEC FILINGHF SINCLAIR CORP - TERMINATES $1.65 BILLION CREDIT AGREEMENT DATED APRIL 27, 2022 - SEC FI...Reuters
Thu, Apr 3
Stocks
S&P 500 loses $2.4 trillion in market value, biggest one-day loss since 2020
April 3 (Reuters) - S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff on Wall Street, their biggest one-day loss in value since the emerging coronavirus pandemic sent global markets into a tailspin on March 16, 2020.The S&P 500 ended down almost ...Reuters
Thu, Apr 3
