Posted at 21:29h
in
News
by KMFSLLP
Square Inc on Thursday cut its
full-year adjusted profit forecast citing higher interest
expense from the issuance of a $1 billion convertible note
offering.

...
Posted at 21:12h
in
News
by KMFSLLP
Investors are growing
increasingly worried that the spreading coronavirus will hit
U.S. corporate cash flow and credit in some sectors, especially
if the outbreak keeps workers at home or prevents companies from
paying employees.
Posted at 21:11h
in
News
by KMFSLLP
Australian shares were set to fall at
open on Friday, tracking a sharp sell-off on Wall Street, as
persisting worries over mounting cases of the coronavirus
outside China dented risk appetite.
The local share price index futures ...
Posted at 21:06h
in
News
by KMFSLLP
Bank of Canada Governor
Stephen Poloz looks ready to end his term where he began,
setting interest rates near historic lows to support the broader
economy at the risk of stoking higher prices in a housing market
that is heating up.

...
Posted at 21:00h
in
News
by KMFSLLP
By Pamela Barbaglia, Lawrence White and Thyagaraju
Adinarayan

...
Posted at 20:52h
in
News
by KMFSLLP
U.S. investors pulled slightly
more than a net $20.3 billion out of equity mutual funds and
exchanged-traded funds during the week ending Wednesday,
according to data released Thursday by Refinitiv's Lipper
division.

...
Posted at 20:51h
in
News
by KMFSLLP
Lebanon's public prosecutor
suspended on Thursday an order to freeze the assets of 20 local
banks, warning it would plunge the country and its financial
sector into chaos, according to a copy of the decision seen by
Reuters.
Posted at 20:49h
in
News
by KMFSLLP
U.S. equity funds saw outflows of $14.4
billion in the latest week, according to Lipper.

...
Posted at 20:44h
in
News
by KMFSLLP
Corporate mergers could
shrink in number by as much as 25% this year, as executives fret
about the global spread of coronavirus and the impact of this
year's U.S. election, investment bank Centerview Partners
co-founder Blair Effron said on Thursday.
Posted at 20:37h
in
News
by KMFSLLP
Autostrade per l'Italia has
delayed the release of its 2019 results to April 27 to give it
more time to evaluate the impact of a new rule that changes the
terms of its concession, the motorway unit of Atlantia
said.