Author Archives: Syndicated Content
Rocket Companies shares soar more than 70%, hurting short sellers
(Reuters) - Shares in heavily-shorted mortgage provider Rocket Companies surged on Tuesday and were set for their third straight day of gains as the stock drew interest on Twitter and Reddit's popular...
Mar 02, 2021
Greensill in sale talks after fund backers withdraw support
By Tom Bergin and Brenna Hughes Neghaiwi LONDON/ZURICH (Reuters) - British fund Greensill Capital said it was in talks to sell large parts of its business on Tuesday after losing the backing of two as...
Mar 02, 2021
Robinhood now a go-to for young investors and short sellers
By John McCrank NEW YORK (Reuters) - Robinhood, the online brokerage used by many retail traders to pile in to heavily shorted stocks like GameStop Corp, has made an ambitious push into loaning out it...
Mar 02, 2021
U.S. ITC to probe some cellular devices made by Samsung, Motorola Mobility
WASHINGTON (Reuters) - The U.S. International Trade Commission on Tuesday said it was probing certain LTE-compliant cellular devices made by Samsung Electronics Co Ltd and Lenovo Group Ltd-owned Motor...
Mar 02, 2021
Fed's Daly calls for 'patience,' says too-low inflation costly
(Reuters) - San Francisco Federal Reserve President Mary Daly on Tuesday pushed back against the fear that easy Fed policy could bring on unwanted inflation, arguing that with inflation too low and mi...
Mar 02, 2021
Analysis: Fixed-income markets wary of Fed decision on bank capital relief
By Karen Brettell and David Henry (Reuters) - Anxiety is building in bond and short-term funding markets over a pending regulatory change that could cause big Wall Street banks to pare their securitie...
Mar 02, 2021
France, allies to lodge protest Iran's activities at IAEA - foreign minister
PARIS (Reuters) - France and its Western partners plan to go ahead with a protest in the coming days at the U.N. nuclear watchdog's board to criticise Iran's decision to curb cooperation with the agen...
Mar 02, 2021
Aramco chairman says Saudi government still planning stake sell-down
(Reuters) - The chairman of Saudi Aramco said on Tuesday the kingdom's government remains committed to selling down some of its stake in the state oil firm. "Once we see the market conditions improve ...
Mar 02, 2021
U.S. administers 78.6 million doses of COVID-19 vaccines: CDC
(Reuters) - The U.S. Centers for Disease Control and Prevention said it had distributed 102,353,940 doses of COVID-19 vaccines and administered 78,631,601 doses in the country. The tally included both...
Mar 02, 2021
UK's Sunak promises to do "whatever it takes" to shield the economy
LONDON (Reuters) - British finance minister Rishi Sunak plans to say in a budget speech on Wednesday that he will do "whatever it takes" to support the economy, and that the task of fixing the public ...
Mar 02, 2021
