Archive for Tag: share market news

Top 5 Stock To Trade Today 18 May 2021 | Capital Street Fx

TOP 5 STOCKS TO WATCHOUT: – 1. TESLA: – The family office run by “Big Short” investor Michael Burry has disclosed a short position against Tesla (NASDAQ:TSLA) Inc worth more than half a billion. Scion Asset Management said in a regulatory filing on Monday that it had bearish put...

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The U.S. state with the most detailed corporate diversity disclosures

Boeing (NYSE:BA) Co DOWN 1.08% AT 232.93 Aerospace company Boeing (NYSE:BA) Cowas explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland (NYSE:ADM) Co offered a more general accounting, saying its board was 55% diverse. Illinois officials have seen the range...

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Activist Bramson abandons tussle with Barclays, selling stake

Barclays (LON:BARC) DOWN 1.31% AT 318.36 Activist investor Edward Bramson has sold his firm’s 6% stake in Barclays (LON:BARC), disbanding a three-year effort to overhaul the British bank and ending a stand-off with chief executive Jes Staley. Bramson’s fund, Sherborne Investors, had pressured Staley since 2018 to scale back...

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IBM unveils 2-nanometer chip technology for faster computing

International Business Machines (NYSE:IBM) Corp DOWN 0.36% AT 145.22 For decades, each generation of computer chips got faster and more power-efficient because their most basic building blocks, called transistors, got smaller. The pace of those improvements has slowed, but International Business Machines (NYSE:IBM) Corpon Thursday said that silicon has...

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Sanofi

Eczema treatment and vaccines lift Sanofi first quarter results

Sanofi (NASDAQ:SNY) UP 1.51% AT 83.88 Sanofi (NASDAQ:SNY)confirmed its 2021 targets after it posted stronger-than-expected first quarter results as sales of its star eczema treatment as well as flu and polio vaccines helped offset a dip in cough and cold treatments dented by lockdowns. The French drug maker, which...

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Bank of America profit more than doubles on reserve release boost

Bank of America (NYSE:BAC) UP 1.42% AT 39.88 Bank of America Corp’s profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to cover potential coronavirus loan losses. The second-largest U.S. bank by assets unlocked $2.7 billion from...

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