equity
Top StoriesMost British Firms Track Race, Ethnicity Data but Targets Still Lacking – Study
Top StoriesSpain’s BBVA Sees Significant Rise in 2022 Dividend, Chairman Says
FinanceGlobal Equity Funds See First Weekly Inflow in 10 Weeks
Top StoriesYen Soars as Markets Test Boj, Stocks Cheered by Inflation Retreat
Ubisoft Shares Slump 20% After French Video Game Maker Warns on Revenue
Date: January 12, 2023
By Dominique Vidalon PARIS (Reuters) -Shares in Ubisoft fell 20% on Thursday after the French video game maker warned on revenue and postponed the release of its game “Skull and Bones”, prompting analysts to cut their estimates and price targets. Late on Wednesday, Ubisoft said that it was increasing its writedown estimate to 500 million...
Stocks Becalmed Before Potential CPI Storm
Date: January 12, 2023
By Tom Westbrook SINGAPORE (Reuters) – Asian stocks hovered below seven-month highs on Thursday, as investors waited to see whether U.S. data will confirm inflation is in retreat, while the yen rose with a report Japan will next week review the side-effects of its ultra-easy policy. Following gains for Wall Street indexes overnight, MSCI’s broadest...
Move Over Tina, It’s Time for Tara
Date: January 11, 2023
By Naomi Rovnick (Reuters) – A shakeout in financial markets triggered by central banks’ sudden move to abandon ultra-low interest rates has created a casualty money managers will not miss: TINA. The acronym for There Is No Alternative to owning equities described how loose monetary policy since 2009 put stocks on steroids because yields on...
Global Stocks Close in on 4-week Highs, Oil Rises on Hopes of ‘soft Landing’
Date: January 10, 2023
By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve. The gains were broad across global equity markets, with Europe’s STOXX 600 near a...
Global Stocks Rally to Near 4-week Highs, Oil Rises on Hopes of ‘soft Landing’
Date: January 9, 2023
By David Randall NEW YORK (Reuters) – World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve. The gains were broad across equity markets, with Europe’s STOXX 600 near a...
Frasers’ Hugo Boss Exposure Falls to $691 Million
Date: January 6, 2023
LONDON (Reuters) – British sportswear retailer Frasers Group said on Friday its maximum exposure to German fashion house Hugo Boss had fallen to 580 million pounds ($691 million). Frasers, which was formerly called Sports Direct and is on a drive to move upmarket, said it now holds 3.9% of Hugo Boss stock directly and a...