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Mgm says computer hack will cost it $100m in lost profit

MGM says the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million. Rapid7 Chi...

October 6, 2023, 5:10 pm

Phd: one of the few debt funds that benefits from rising rates

Pioneer Floating Rate Fund, Inc. offers a high level of current income with a whopping 12.43% yield. The PHD closed-end fund has outperformed the...

October 6, 2023, 3:20 pm

Iag in talks with airbus, boeing on potential widebody order - bloomberg news

British Airways-owner IAG is in talks with Boeing and Airbus for a potential order for widebody aircraft, bloo...

October 6, 2023, 12:50 pm

Mirati (mrtx) surges 45% as sanofi reportedly eyes buyout

A bloomberg article suggests that pharma giant Sanofi (SNY) is exploring a potential acquisition deal f...

October 6, 2023, 12:47 pm

Clorox cyberattack reportedly linked to mgm, caesars breach

The Clorox Company (CLX) recently suffered a cyberattack attributed to the hacker group known as "Scattered Spider", according to a...

October 6, 2023, 11:26 am

Stocks on the move: tesla, clorox, exxon

Shares of Tesla, Clorox, Levi Strauss and Exxon are moving this morning. bloomberg News reporter Norah ...

October 6, 2023, 10:35 am

Telefonica (tef) reportedly considering stake sale of tech unit

A potential deal can value Telefonica's (TEF) tech unit at more than 2 billion euros ($2.10 billion), added bl...

October 6, 2023, 9:46 am

Lcid stock: lucid motors loses $338,000 per car

Lucid Group (NASDAQ: LCID ) is down after bloomberg estimated it is losing $338,000 per car. The compan...

October 6, 2023, 9:28 am

Blackrock's jeffrey rosenberg makes the case for buying bonds

“The front end of the curve is really starting to get to levels that are much more attractive,” says Jeffrey Rosenberg, systemic multi-strategy fu...

October 6, 2023, 9:14 am

Jp morgan bond manager sees strong economy, can handle higher rates, 10yr could get to 6%

Bloomberg (gated) has the report on the manager of US$8.8 billion JPMorgan Strategic Income Opportunities Fund.In brief:As of the end of August, 63% o...

October 6, 2023, 7:30 am

Exxon said to be near deal for pioneer

Exxon Mobile Corp is said to be in talks to acquire shale-focused Pioneer Natural Resources Co., according to a person familiar with the matter. Harry...

October 6, 2023, 12:12 am

Top calls: keybanc: us iphone sales likely to struggle

Brandon Nispel, Keybanc Capital Markets Director of Equity Research, joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of...

October 5, 2023, 5:38 pm

Boil and natural gas: the best way to profit

ProShares Ultra bloomberg Natural Gas ETF is a popular investment option for those interested in natura...

October 5, 2023, 4:27 pm

Ozempic weighs on walmart sales

Walmart says it's already seeing an impact on shopping demand from people taking the diabetes drug Ozempic and other appetite-suppressing medications...

October 5, 2023, 11:27 am

British pound (gbp usd) latest: hedge funds most bearish since … – bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, bloomberg quickly and...

October 5, 2023, 8:44 am

Ubs's sergio ermotti is right ceo for credit suisse integration, former executive naratil says

Tom Naratil, operating partner at Lightyear Capital and former co-president at UBS Global Wealth Management, says, “Sergio Ermotti is the right CEO ...

October 5, 2023, 7:12 am

Aif: this 11.33%-yielding alternative credit fund is a winner

Apollo Tactical Income Fund has attracted attention from income-focused investors due to its high current yield of 11.33%. The fund has outperformed t...

October 5, 2023, 3:43 am

Citi raised its growth forecast for china to 5% this year (from 4.7%)

Bloomberg (gated) reported on CitiGroup upgrading its forecast for China's economic growth in 2023. In brief:Retail sales and industrial production ma...

October 5, 2023, 1:51 am

Walmart says ozempic causing ‘slight pullback' by shoppers

Walmart Inc. says it's already seeing an impact on shopping demand from people taking the diabetes drug Ozempic, Wegovy and other appetite-suppressing...

October 4, 2023, 10:56 pm

Bnp paribas: too early to say china's economy has bottomed

Chi Lo, senior market strategist for Asia Pacific at BNP Paribas Asset Management, shares his views on government bonds yields, Bank of Japan's policy...

October 4, 2023, 9:51 pm


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