News
Portugal Put Regional Routes At The Center Of TAP’s Sale
3+ hour, 52+ min ago (236+ words) IAG, Air France-KLM, and Lufthansa must pair April bids for a 44.9% stake with a plan to grow TAP beyond Lisbon while protecting its Brazil, Africa, and US network. Portugal is pushing TAP's partial privatization as a connectivity test, telling IAG,…...
Dick’s Sporting Goods Sees New Tailwinds From Foot Locker And The World Cup
4+ hour, 36+ min ago (181+ words) UBS kept its Buy and $275 target, betting the Foot Locker pilot and seasonal demand can outweigh near-term profit pressure from keeping more weak stores open. UBS reiterated a Buy on Dick's Sporting Goods with a $275 price target, saying a Foot…...
Treasury Yields Fell As Oil Cooled, But War Jitters Linger
4+ hour, 41+ min ago (187+ words) Bonds caught a bid as crude retreated, though the curve flattened and markets priced fewer Fed cuts with inflation risks still tied to the Iran conflict. Treasury yields dropped as oil prices cooled and US stocks stabilized, but investors still…...
Dollar Slips As Markets Wait On A Big Week Of Central Banks
8+ hour, 31+ min ago (103+ words) With the Fed, ECB, BoE, BoJ, and BoC all set to hold rates, traders are focusing on this week's inflation and activity data for the next currency moves. The US dollar eased as traders braced for a rare, central-bank-heavy week…...
Tilray Is Buying BrewDog’s US Bars To Grow Its Beverage Brands
7+ hour, 36+ min ago (97+ words) The cannabis-and-beer group plans to fold BrewDog's Ohio sites and Las Vegas flagship into its brewpub playbook, creating destination venues that can sell more of Tilray's drinks. Tilray Brands agreed to buy part of BrewDog's US footprint, picking up beer-and-hospitality…...
The Dollar Takes A Breather Before Central Banks Decide
8+ hour ago (118+ words) As oil prices climb and Hormuz risks linger, markets are watching this week's Fed, ECB, BoE, and BoJ meetings for clues on inflation, growth, and how long dollar strength can last. The US dollar paused after a safe-haven jump, with…...
Hedge Funds Pulled Back From Financial Stocks In A Big Way
7+ hour, 46+ min ago (184+ words) Goldman says finance names led year-to-date selling as investors used bank and insurer shorts to hedge growing worries about hidden links to private credit. Hedge funds just hit the sell button on financial stocks. Goldman Sachs said they "aggressively" sold…...
Pound Finds Its Feet, But The Dollar Still Calls The Shots
10+ hour, 21+ min ago (100+ words) Sterling edged up from a three-month low, yet Middle East-driven risk aversion and a likely BoE hold keep pressure on the UK currency as traders watch this week's jobs data. The pound rose 0.2% Monday to about $1.3248, its first gain in…...
Carnaby’s Great Duchess Study Points To A Low-Cost Copper Runway
15+ hour, 18+ min ago (92+ words) A new pre-feasibility study lays out low capex, an 8-year mine plan, and takeover appeal as shares jumped after the update. Carnaby Resources released a new pre-feasibility study (PFS) for its Great Duchess copper-gold project, and the stock jumped about…...
Copper Slipped As $100 Oil Revived Inflation Worries
12+ hour, 30+ min ago (182+ words) China's upbeat data couldn't lift metals, while higher energy prices and a stronger dollar weighed on copper even as aluminum held up on supply disruptions. Copper fell even after China reported better-than-expected early-year growth, as $100-plus oil and a stronger…...