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Investors bought bonds, stocks and inflation hedges in busy cenbank week-BofA
By Samuel Indyk LONDON (Reuters) - Investors flocked to stocks and bonds in the week to Wednesday, Bank of America global research said in a report on Friday citing EPFR data. Ahead of policy announce...
Syndicated Content Jul 28, 2023
Centene raises profit forecast on strong health insurance premium growth
(Reuters) -Centene Corp on Friday raised its full-year earnings forecast, expecting higher premium collections this year from its government-backed Medicaid plans as well as its commercial health insu...
Syndicated Content Jul 28, 2023
Wall Street futures rise ahead of inflation data; chip stocks rally
(Reuters) - U.S. stock index futures rose on Friday, setting Wall Street on course to end a data- and earnings-heavy week higher, with investors eagerly awaiting key inflation figures later in the day...
Syndicated Content Jul 28, 2023
Intel results boost chip stocks on optimism PC market slump is ending
(Reuters) - Intel shares surged 7% on Friday, a day after the chipmaker's unexpectedly strong quarterly report heralded a turnaround in fortunes after a long, margin-sapping struggle due to plummeting...
Syndicated Content Jul 28, 2023
Drugmakers go under the skin, skirting early US Medicare price negotiations
By Michael Erman NEW YORK (Reuters) - Injectable versions of some widely-used cancer drugs including Johnson & Johnson's blockbuster multiple myeloma treatment Darzalex are likely to be excluded from ...
Syndicated Content Jul 28, 2023
US Senate Democrats push ‘Buy America’ bills ahead of tough 2024 elections
By Moira Warburton WASHINGTON (Reuters) - Facing uphill re-election battles in 2024, vulnerable Senate Democrats are pushing legislation that promotes "Buy America" policies, attempting to bolster the...
Syndicated Content Jul 28, 2023
American families of IS victims sue cement maker Lafarge over Syria payments
ZURICH (Reuters) - The families of U.S. aid workers and soldiers killed or injured by Islamic State and Al-Nusra Front have lodged a legal claim against cement maker Lafarge over payments the French c...
Syndicated Content Jul 28, 2023
Euro zone sentiment and inflation expectations fall in July
BRUSSELS (Reuters) - Euro zone economic sentiment declined for a third consecutive month in July and by more than expected as the mood in industry, services and amongst consumers slipped, while inflat...
Syndicated Content Jul 28, 2023
DeSantis’ Bud Light brawl marks his latest move in anti-corporate gambit
By James Oliphant WASHINGTON (Reuters) - As Republican Ron DeSantis attempts to reset his flagging presidential campaign, one fundamental feature of the Florida governor's candidacy remains constant: ...
Syndicated Content Jul 28, 2023
Lincoln National’s CRE exposure targeted by two hedge funds
By Carolina Mandl NEW YORK (Reuters) - Two hedge funds have placed bets that bonds issued by life insurance company Lincoln National Corp will fall or that its default risk will increase, due to their...
Syndicated Content Jul 28, 2023
Peoria, IL, USA
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