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Bank of america still look for 1 more fed rate hike, +25bp in november (75bp cuts in 2024)
Bank of America says hawks and doves both got something from Jackson Hole:BoA's main takeaways:Fed Chair Powell's speech at Jackson Hole was somewhat ...
August 28, 2023, 10:53 pm
3m stock rises on tentative $5.5b deal to settle lawsuits: report
3M Company (MMM) agrees to a tentative deal of $5.5 billion to settle over 300,000 lawsuits tied to its sale of defective earplugs to the U.S. militar...
August 28, 2023, 10:43 am
3m agrees to $5.5b settlement in defective earplugs lawsuits
3M Co (NYSE:MMM) has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits alleging that the company sold defective combat...
August 28, 2023, 9:47 am
3m likely to settle for nearly $5.5b in earplugs case after hearing-loss complaints
3M is nearing a multibillion-dollar settlement with plaintiffs to resolve complaints by veterans that the company's earplugs failed to protect them fr...
August 28, 2023, 6:05 am
Evergrande resumes trading after posting $4.5b loss
China Evergrande Group ends a 17-month halt, after the world's most-indebted developer unveiled a $4.5 billion loss in the first half. Kevin Kingsbury...
August 27, 2023, 10:01 pm
3m tentatively agrees to $5.5b over military earplugs
3M Co. has tentatively agreed to pay more than $5.5 billion to resolve lawsuits, claiming it sold defective combat earplugs to the US military, accord...
August 27, 2023, 7:56 pm
Key levels ahead of the fed powell jackson hole speech
EURUSD 11USDJPY 02GBPUSD 1.2606USDCHF 0.8844USDCAD 1.3604AUDUSD 0.6413NZDUSD 0.5917US interest rates:2 year yield 5.036%10 year yield 4.237%30 year yi...
August 25, 2023, 2:03 pm
Nvidia posts another blowout quarter, announces $25b share buyback
Nvidia (NVDA) shares jumped after it delivered another blowout earnings report, easily beating analysts' expectations and announcing a new share buyba...
August 24, 2023, 8:05 am
Amazing nvidia
Nvidia announced STUNNING results when it released its Q2 earnings yesterday after the bell. The company reported $13....
August 24, 2023, 6:03 am
Nvidia continues ai-driven surge, announces $25b stock buyback
Artificial intelligence powerhouse Nvidia announced a blockbuster earnings report for the company's second quarter along with a $25 billion stock buyb...
August 23, 2023, 8:35 pm
Nz retail sales volume down -1.0% qoq in q2, value down -0.2% qoq
New Zealand’s retail sales volume for Q2 plummeted by -1.0% qoq, settling at NZD 25b. This decline st...
August 23, 2023, 3:31 am
How microsoft is looking to ease uk antitrust worries over $75b activision deal
Microsoft, which also agreed to relinquish exclusive cloud streaming rights to all current and future Activision games over the next 15 years....
August 22, 2023, 11:44 am
Microsoft in fresh bid to get activision blizzard takeover past uk regulator
The UK's competition regulator has launched a fresh investigation into Microsoft's £55bn takeover of C...
August 22, 2023, 4:12 am
Old dominion (odfl) offers $1.5b for yellow's terminals
Old Dominion (ODFL) offers higher price than another trucking company to acquire bankrupt Yellow Corporation's terminals....
August 21, 2023, 1:32 pm
China rate cuts remain short of expectations, focus on jackson hole, brics
The week starts with weak appetite as Chinese banks cut loan rates less than expected; the 1-year LPR was cut by 10bp to a record low versus 1...
August 21, 2023, 6:21 am
China cuts 1-yr lpr moderately, keeps 5 yr lpr unchanged
In a somewhat anticipated move, China’s PBoC made a cut to its one-year loan prime rate by 10bps, settling it at 3.45%. This is a slight deviation f...
August 21, 2023, 3:58 am
Nz exports down -14% yoy in jul, imports down -16% yoy, china leads the falls
July 2023 has been a challenging month for New Zealand’s trade scenario, as the island nation witnessed a steep fall in both goods exports and impor...
August 21, 2023, 3:10 am
Pboc loan prime rates (lpr) cut: 1-year 3.45% (prior 3.55%) & 5 year 4.2% (prior 4.20%)
A cut to the one-year rate of 10bp vs. 15 that was widely expected. And no cut to the 5 year rate at all. Thats a shock. ---Background to this is here...
August 21, 2023, 1:15 am
New zealand july exports dropped on the month while imports rose
New Zealand data for July of 2023.Exports 5.45bn NZDImports 6.56bn NZDNew Zealand dollar not a lot chan...
August 20, 2023, 10:49 pm
Goldman sachs expect 15bp rate cuts from the people's bank of china today
The People's Bank of China will be cutting loan prime rates today, from earlier:Economic calendar in Asia - People's Bank of China rate decision dueLa...
August 20, 2023, 9:54 pm