Posts filtered by tags: Fbn/markets[x]


 

Angst at Exxon as managers begin employee performance reviews

Top U.S. oil producer Exxon Mobil Corp has kicked off a yearly performance review for U.S. staff, a process some workers dread because they view it this year as a prelude to stealth layoffs.
Tags: Finance, Article, Exxon, Reuters, Exxon Mobil Corp, FBN, Fbn/markets, Fox-business/jobs, Jennifer Hiller, Shariq Khan, A5f269c5-bd06-5f8d-9e65-39d281d6c546


Sanderson Farms explores sale

Poultry giant Sanderson Farms Inc. is exploring a sale, according to people familiar with the matter, as demand for chicken products rises.
Tags: Finance, Article, The Wall Street Journal, Sanderson Farms, FBN, Sanderson Farms Inc, Fbn/markets, Jacob Bunge, CARA LOMBARDO, Fox-business/lifestyle/food-drinks, C66f12cf-bc47-512f-8312-807fb12f0356


MicroStrategy boosts bitcoin hoard to more than 105K tokens

MicroStrategy Inc. said Monday that it owns more than 105,000 bitcoins after spending $489 million on 13,005 additional tokens.
Tags: Finance, Article, FBN, MicroStrategy, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/us-markets, MicroStrategy Inc, Fox-business/markets/currencies/bitcoin, Fox-business/topic/cryptocurrency, Jonathan Garber, 1b3574d2-1bc0-518f-a872-b722a659241b


Microsoft stock hits record as Windows reveal approaches

Microsoft is set to deliver a Windows update on Thursday exciting investors and users.
Tags: Microsoft, Finance, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/technology/cyber-security, Fox-business/organization/microsoft, Fox-business/tech, Cbfb1424-0353-5c73-8268-c66744fca175


Lordstown Motors executives sold stock ahead of reporting results and before troubles came to light

Top executives at Lordstown Motors Corp. sold off more than $8 million in company shares over a three day period, raising questions surrounding the company's internal controls.
Tags: Finance, Article, The Wall Street Journal, FBN, Fbn/markets, Fox-business/markets, Fox-business/markets/stocks, Fox-business/industries/auto, fox-business/industries/Financials, Lordstown Motors, Fox-business/money/legal, Lordstown Motors Corp, E8324fd1-22fd-5197-9fce-df34b16e9c6e


Dow jumps 586 points, snapping five-day losing streak

U.S. equity markets soared Monday with the Dow Jones Industrial Average snapping its five-day losing streak and bouncing back from its worst week since October.
Tags: Finance, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/industries/retail, Fox-business/politics/the-fed, Fox-business/technology/amazon, Jonathan Garber, Fox-business/person/jerome-powell, 469476d0-9314-5085-be45-bb26e4d5740b


Oil could hit $100 a barrel next year: Bank of America

Brent crude oil could top $100 a barrel next year as the world emerges from the COVID-19 pandemic, according to Bank of America.
Tags: Finance, Bank Of America, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/oil, Fox-business/markets/commodities, Jonathan Garber, F1226998-2a51-5e37-a16c-f6fed15d8e73


GameStop eyes Russell add as CEO joins board

GameStop’s new CEO Matt Furlong has been added to the video game retailer’s board of directors ahead of a possible add to the Russell 1000 to be decided on June 25.
Tags: Finance, Article, Gamestop, Russell, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/stocks, Fox-business/business-leaders, Lucas Manfredi, Matt Furlong, Ac4a8808-d61d-5ae5-bc56-f4d8359a399b


Ackman's SPAC takes Universal Music Group stake in $4B deal

Billionaire hedge fund manager Bill Ackman has agreed to buy 10% of Universal Music Group for about $4 billion.
Tags: Finance, Article, Bill Ackman, SPAC, FBN, Universal Music Group, Ackman, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/mergers-and-acquisitions, Fox-business/markets/us-markets, Jonathan Garber, 61ebaa33-7c58-58c5-a2d0-e96459ab6b14




Stock futures pop with Fed’s Powell, Amazon in focus

Stock futures rise as investors plow back into equities ahead of Powell, Yellen testimony as well as Nike, FedEx earnings later in the week.
Tags: Finance, Article, Fed, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/industries/retail, Fox-business/politics/the-fed, Powell Yellen, Fox-business/technology/amazon, Fox-business/person/jerome-powell, Nike FedEx, 469476d0-9314-5085-be45-bb26e4d5740b, Powell Amazon




Amazon to surpass Walmart as largest US retailer

Amazon "should surpass" Walmart as the largest U.S retailer as soon as next year, JP Morgan analysts projected in a research note.
Tags: Amazon, Finance, US, Walmart, Article, Jp Morgan, FBN, Fbn/markets, FOXBusiness, Fox-business/technology/amazon, Fox-business/organization/walmart, Daniella Genovese, 355f0eb0-565c-5735-b50c-f2722d1c87bc


Georgia crypto investor claims he woke up a trillionaire -- after investing $20

The cryptocurrency craze has minted a new generation of wealthy investors - some overnight.
Tags: Finance, Georgia, Article, FBN, Ken Martin, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/currencies/bitcoin, 7c18d4c9-73e4-5cca-a493-c60954374aa0








Ammo shortage shows no sign of improving: Smith & Wesson

Ammunition inventories that were depleted during the pandemic are showing no sign of improving, according to Smith & Wesson Brands CEO Mark Smith.
Tags: Finance, Article, Smith, Wesson, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/industries/retail, Fox-business/markets/us-markets, Jonathan Garber, Smith Wesson Brands, 53837604-afa2-59d8-bf2c-17a3ac4182dc


Stock futures slide as Dow heads for fifth day of losses

U.S. stock futures were lower Friday morning as tech stocks pulled back a day after the Nasdaq just missed record highs.
Tags: Finance, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/earnings, Fox-business/markets/mergers-and-acquisitions, Fox-business/markets/us-markets, Jonathan Garber, Bab0e9bd-002e-51eb-9ab9-4c02fe89d0fd




Big Tech critic Lina Khan signals no-nonsense approach as she assumes top regulatory role

President Biden’s choice to head the Federal Trade Commission Lina Khan signaled her willingness to take on big tech in a Twitter post following her confirmation.
Tags: Finance, Article, Biden, Federal Trade Commission, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Lina Khan, Fox-business/tech, B8cecb09-ff8c-5687-9355-75dae540339c


Nasdaq nears record as Fed rate hikes seen far out on horizon

The Nasdaq Composite neared a record high Thursday as investors rotated into growth stocks after digesting the Federal Reserve’s plan to exit from the emergency measures put in place during the COVID-19 pandemic.
Tags: Finance, Article, Federal Reserve, Nasdaq, Fed, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/stocks, Fox-business/markets/wall-street, Fox-business/markets/us-markets, Fox-business/politics/the-fed, Jonathan Garber, Fox-business/markets/economy, Fox-business/markets/us-markets/marketcheck


Elon Musk questions assertions Bitcoin is sustainable

Bitcoin Magazine cited Kraken CEO Jesse Powell saying not only that the digital currency is green but that "Elon has some more studying to do."
Tags: Elon Musk, Finance, Article, Elon, FBN, Jesse Powell, Fbn/markets, FOXBusiness, Bitcoin Magazine, Fox-business/markets/currencies/bitcoin, Fox-business/technology/tesla, Fox-business/business-leaders/elon-musk, Daniella Genovese, 95046b80-06e5-55fa-b29d-5610a90892fa


Lordstown Motors' latest snafu slams stock

Lordstown Motors, which recently warned it does not have enough cash to start commercial production and raised doubts about its ability to remain in business through the end of the year, has now revealed it does not have binding purchase orders or commitments from customers on its electric Endurance pickup truck.
Tags: Finance, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/stocks, Fox-business/industries/auto, Lucas Manfredi, Lordstown Motors, A49dd19d-269e-5acd-a7cb-8b0d7b71f7e1


Ford’s Bronco, F-150 Lightning behind profit outlook boost

Ford's CEO Jim Farley says customer orders are rolling in and that means future profits will be higher than expected.
Tags: Finance, Article, Ford, FBN, Jim Farley, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/industries/auto, Suzanne O'Halloran, Fox-business/organization/ford, 76568ffb-9cb7-5d82-aa93-cf5248a7ab6c


Stock futures slide as Fed signals exit from emergency measures

U.S. stock futures pointed to a lower open Thursday as investors digest the Federal Reserve’s plan to exit from the emergency measures put in place during the COVID-19 pandemic.
Tags: Finance, Article, Federal Reserve, Fed, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/us-markets, Fox-business/politics/the-fed, Jonathan Garber, 4ca1b1b9-53b1-502b-a1bc-c3dbcd343e35


Bitcoin slides on rate hike concerns

Bitcoin was trading more than 1% lower on Thursday morning.
Tags: Finance, Article, FBN, Ken Martin, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/currencies/bitcoin, 1f3dcc99-6b57-5bed-84f5-76cf4d055806


Stocks tumble as Fed keeps policy on hold, raises inflation outlook

U.S. equity markets tumbled Wednesday after the Federal Reserve reiterated its belief that inflation is "transitory," but said that rate hikes will likely begin in 2023.
Tags: Finance, Article, Federal Reserve, Fed, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/earnings, Fox-business/markets/us-markets, Fox-business/politics/the-fed, Jonathan Garber, 9505a931-dca6-529a-a2d1-4123aa3cdce4




Stocks little changed as Fed decision looms

U.S. stock futures were little changed Wednesday ahead of the Federal Reserve’s latest policy decision.
Tags: Finance, Article, Federal Reserve, Fed, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/earnings, Fox-business/markets/us-markets, Fox-business/politics/the-fed, Jonathan Garber, 9505a931-dca6-529a-a2d1-4123aa3cdce4