TopNewsOn

Results for “midterm results”

SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds

The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled amid a broad equity market selloff, led by a rout in chipmakers.

Bloomberg · 26m ago
US Stock Futures Diverge as Chip Selloff Extends Into Second Day

US equity futures diverged Thursday as a rotation out of semiconductor stocks extended into a second day. Investors looked past the initial relief rally following the US midterm elections to assess the implications of a Democratic-controlled government.

Bloomberg · 3h ago
Papa John’s Cuts Outlook Again as Quarterly Sales Sink

Papa John’s once again cut its full-year outlook and logged lower quarterly sales, as its turnaround drags on longer than expected and a challenging consumer environment continues to pressure results.

Wall Street Journal · 3h ago
Trump Faces Backlash After Midterm Election Rout

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Jari Stehn, Goldman Sachs Chief European Economist; Estelle Brachlianoff, Veolia CEO; Caroline Behringer, CB Strategies Founder; Amanda Sloat, IE University Professor. (Source: Bloomberg)

Bloomberg · 5h ago
Commerzbank in 'Position of Strength' Ahead of UniCredit Deal, CEO Says

Commerzbank CEO Bettina Orlopp speaks on Bloomberg Television after the lender reported a better-than-expected 45% jump in profit, in one of the last quarterly results as an independent bank before UniCredit SpA takes control of the German rival. "I think we can act out of a position of strength," Orlopp says. (Source: Bloomberg)

Bloomberg · 9h ago
Latest Oil Market News and Analysis for Nov. 5

Oil steadied after tumbling around 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the months-long Iran war.

Bloomberg · 17h ago
Host Hotels & Resorts CEO on 3Q Quarterly Results

Host Hotels & Resorts raised its full-year outlook, including adjusted EBITDA and comparable hotel RevPAR growth. CEO and President Jim Risoleo discussed the acquisition of 1 Hotel Brooklyn Bridge, the fourth 1e Hotel in Host’s portfolio. He cited its 2017 opening, lack of deferred capital expenditures, 175 rooms, meeting space, dining options and waterfront location overlooking Manhattan. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Bloomberg · 17h ago
Alcohol Stocks Jump as Blue Wave Lifts Tariff, Immigration Hopes

Investors are betting alcohol companies are among the winners of last night’s midterm election landslide on views a new Congress will push back on the Trump administration’s immigration and trade policies that dented booze businesses.

Bloomberg · 23h ago
The Business Fallout From a Blue Wave

Investors are already picking the winners and the losers after Democrats glided to a landslide victory in the midterm elections.

The New York Times · Nov 4
European Bank Stocks Bounce Back as Midterms Ease Uncertainty

Bank stocks led European markets higher as a landslide victory for Democrats in the US midterm elections removed some of the uncertainty that has weighed on stocks in recent weeks, while lower bond yields also provided a boost.

Bloomberg · Nov 4