Category Archives:
Cautious optimism drives inflows to U.S. equity funds amid positive growth outlook
(Reuters) - U.S. equity funds attracted inflows during the week ending June 28, buoyed by positive growth expectations as robust economic indicators eased concerns about higher borrowing costs. Invest...
Jun 30, 2023
Corporate agitators slow down in Q2 but ready to pounce in H2 – Barclays data
By Svea Herbst-Bayliss NEW YORK (Reuters) - Following the busiest quarter on record, activist investors slowed down in the second three months of 2023 but are expected to mount more high-profile campa...
Jun 30, 2023
Bausch + Lomb to buy Novartis dry-eye drug for $1.75 billion – WSJ
(Reuters) -Bausch + Lomb Corp will purchase a dry-eye drug from Swiss pharma company Novartis for $1.75 billion, the Wall Street Journal reported on Friday, as the contact lens maker seeks to capitali...
Jun 30, 2023
China raises relending, rediscounting quotas for farm sector, small firms by $27.5 billion
BEIJING (Reuters) - China's central bank said on Friday it will increase its relending and rediscount quotas by 200 billion yuan ($27.53 billion) to support the farm sector and small firms, amid falte...
Jun 30, 2023
As the Libor era ends, market participants hope for ‘crickets’
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The last rates based on the tarnished London Interbank Offer Rate, or Libor, were published on Friday, marking a mostly quiet end of a...
Jun 30, 2023
Global equity funds draw inflows on economic growth hopes
(Reuters) - Global investors turned net buyers of equity funds in the week to June 28 as solid economic readings fuelled hopes of U.S. growth, while China's policy measures to bolster its economy furt...
Jun 30, 2023
Buyout fund Apollo makes $1.33 billion bid for Spain’s Applus
MADRID (Reuters) - American buyout fund Apollo on Friday filed a tender offer for 100% of the shares of Spanish industrial testing company Applus Services in a transaction that values the company at 1...
Jun 30, 2023
Investors pour most money into Japan stocks since 2020-BofA
LONDON (Reuters) - Japanese equity funds have had $7.9 billion of inflows in the past four weeks, the most in a four-week period since April 2020, a report from Bank of America Global Research said. F...
Jun 30, 2023
Ford finds international investor for German plant in Saarlouis
HAMBURG (Reuters) - Ford has found what it described as a major international investor for the U.S. carmaker's German plant in Saarlouis and has signed initial agreements together with the western sta...
Jun 30, 2023
Futures rise ahead of inflation data
(Reuters) - U.S. stock index futures rose on Friday, the final trading day of the second quarter, ahead of key inflation data that could influence investor expectations on how long the Federal Reserve...
Jun 30, 2023
Peoria, IL, USA
38 °F Partly cloudy
