At least five brokerages started coverage
of teeth alignment company SmileDirectClub Inc on Monday
with "buy" or equivalent ratings, despite the stock's
underwhelming performance since its market debut last month.
Saudi Arabia's inclusion in the
MSCI developing-economies equity benchmark has failed to pull in
active emerging-market funds because of high valuations and
reputation risks, an analysis by Copley Fund Research showed.
General Electric Co said on Monday
it was freezing pension plans for about 20,000 U.S. employees
with salaried benefits, as the industrial conglomerate makes
another drastic move to cut debt and reduce its pension deficit
by up to $8 billion.
Global exchanges urged Britain's
markets watchdog on Monday not to ban retail sales of
derivatives linked to crypto assets such as bitcoin, saying they
were well equipped to protect consumers trading on their