Asian Stocks Continue Slide Amid Trade War Fears
In Southeast Asia, the FTSE Straits Times Index declined 1.4%, while Malaysia's FTSE Bursa Malaysia KLCI was 0.3% lower. Markets in China, Hong Kong, Taiwan and Indonesia are closed Friday.
Tariffs Will Affect Baker Hughes’ Oilfield Business, but Industrial Mix Helps It, Relative to Peers
Back in 2017, Baker Hughes was formed through the combination of what was then GE's oil and gas segment and legacy Baker Hughes. While the combination was expensive, it created a global equipment and ...
Textron's Prudent Investments in Medium Jets and New Rotorcraft Don't Make Up for Tough End Markets
In some of its key markets, Textron's products are far and away the most common version in use. Part of the company's strategy is to provide ongoing service and parts for its back catalog of vehicles.
News Highlights: Top Company News of the Day - Thursday at 9 PM ET
The Trump administration's deadline to sell or shut down TikTok is Saturday. The move comes after demands by the federal government to identify potential cost cuts to existing projects. Shares of Bank ...
US-Based Alternative Asset Managers: Share Values Tank on Tariff-Induced Equity Market Rout
The share prices of US-based alternative asset managers—like Blackstone BX and KKR KKR —are down more than 10% on average ...
The Value of Moderna's mRNA Technology Is Obscured by Fears of a Hostile US Regulatory Environment
Moderna's mRNA technology gained rapid validation as sales of its covid vaccine soared in 2021 and 2022, but we think the firm has yet to secure a narrow economic moat around its business, largely due ...
Trump's sweeping tariffs could have a surprising silver lining for home buyers
Home buyers and sellers in the U.S. are likely to feel the impact of the tariffs President Donald Trump slapped on every country worldwide Wednesday - but it isn't all that bad.
US-Based Traditional Asset Managers: Tariff-Induced Market Uncertainty Drives Shares Lower
Share prices of US-based traditional asset managers like BlackRock BLK and T. Rowe Price TROW are down more than 6% on average on April 3 as the markets react negatively to the Trump administration’s ...
RH's stock plummets 40% - and is 'fully at the mercy' of tariffs, analyst says
As President Donald Trump's new tariffs hammered retail and clothing stocks on Thursday, shares of upscale furniture chain RH were among the biggest losers - plunging to their biggest percentage drop ...
Lululemon stock falls as Trump's tariffs put it in the 'bullseye.' This analyst still says buy.
The stock (LULU) tumbled about 10% on Thursday, to close at its lowest price since Sept. 10. The selloff comes less than a week after Lululemon shares plunged 14.2% in the wake of a disappointing ...
Baylor College of Medicine to Use $150 Million From Muni Bond Sale For New Building
The Baylor College of Medicine will receive $150 million from the sale of tax-exempt municipal bonds, which it will use to construct new building for the schools of medicine and health professions.
Florida's Winter Garden Offering $70 Million of Bonds For Water System Improvements
The City of Winter Garden, Fla., plans to sell $70 million of revenue bonds with proceeds slated to finance and reimburse the cost of improvements to the municipal water and wastewater system.