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FedEx rating cut at Bernstein on execution risk

Investing.com — FedEx has been downgraded to “Market-Perform” by Bernstein analysts, citing a confluence of execution, event, and policy risks that could weigh…
Stock

BlackRock to buy HPS Investment for $12 billion in major private credit push

(Reuters) – BlackRock (NYSE:BLK) will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies…
Stock

The Santa Claus rally is real, BofA says

Investing.com — The US equities “Santa Claus rally is real,” Bank of America strategist Stephen Suttmeier said Monday. The latter half of…
Stock

US chips are ‘no longer safe’ to buy, Chinese industry bodies say

By Eduardo Baptista BEIJING (Reuters) -Chinese companies should be wary of buying U.S. chips as they are “no longer safe” and buy…
Stock

UBS sees isolated signs of market frothiness, but investors not euphoric

Investing.com — Investor spirits remain bright as the S&P 500 boasts a 28% year-to-date return, but UBS analysts caution that claims of market…
Stock

Threatened by climate change, Panama Canal has big plans to deal with drought

By Marianna Parraga and Elida Moreno TRES HERMANAS, Panama (Reuters) – The lush river valleys of El Zaino y La Arenosa in…
Stock

Trump boost to push Nasdaq toward 20,000 earlier than expected: Yardeni

Investing.com — Yardeni Research has reiterated its target for the S&P 500 index at 6,100 by the end of the year. For…
Stock

Weather permitting, UPS, FedEx poised for on-time US holiday gift deliveries

By Lisa Baertlein LOS ANGELES (Reuters) – The weak demand bedeviling package delivery companies like United Parcel Service (NYSE:UPS) and FedEx (NYSE:FDX)…
Stock

Exclusive-Bangladesh halves power buying from India’s Adani amid payment dispute

By Krishna N. Das DHAKA (Reuters) – Bangladesh has halved the power it buys from neighbouring India’s Adani Power (NS:ADAN), citing lower…
Stock

Hedge fund assets reached a new high in October: Wells Fargo

Ivesting.com — Hedge fund assets reached a record high in October, reaching $4.5 trillion, driven by robust performance across several strategies, according…
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