Major movie theater advertising network files for bankruptcy protection
National CineMedia LLC has filed for bankruptcy, a voluntary move the major cinema advertising network revealed Tuesday. Its share price saw a spike amid the news.
Goldman Sachs reshuffles equities unit executives after top trader Montesano's exit
The changes spurned by Joe Matesano's retirement will include new leaders in areas such as equity structured products, emerging markets, and ETFs, among others.
The 60-40 investment strategy back after tanking last year
Last years harsh markets pummeled retail investors. The decline of both stocks and bonds shook those used to the relative safety of a 60-40 portfolio.
Bud Light backlash could hit beer suppliers
Sales of Bud Light have fallen since the Anheuser-Busch product implemented an ad campaign featuring transgender activist and social media influencer Dylan Mulvaney.
Warren Buffett eyes Japanese companies, may boost stakes
Billionaire investor Warren Buffett's Berkshire Hathaway is increasing its stakes in five Japanese trading houses. The total amount is now up to 7.4%.
Bank of America clients withdraw $2.3B from US securities
A note from bank strategist Jill Carey Hall says Bank of America clients sold roughly $2.3 billion in U.S. equities last week.
Boeing returns 737 MAX service for 11 Chinese airlines
The Boeing Company said 11 Chinese airlines have returned the 737 MAX to commercial service as of April 10 in a sign of the plane maker's commitment to its second biggest market.
Bank earnings preview: What finance pros want to see
Ahead of BlackRock, Citigroup, JPMorgan Chase, PNC Financial and Wells Fargo reporting earnings on Friday, finance pros have concerns up and down the balance sheet.
Exxon Mobil, Pioneer rumors spark fracking M&A talk
Exxon Mobil is reportedly in preliminary discussions to acquire Pioneer Natural Resources as part of the oil and natural gas producer’s Permian Basin strategy.
Bank earnings, CPI inflation data, IMF meeting top week ahead
Bank earnings, inflation data and a key meeting of the IMF and World Bank top a busy week for investors following the Easter holiday.
Auditor and underwriters cited in SVB collapse lawsuit
A lawsuit has been filed citing the auditor and underwriters concerning the collapse of Silicon Valley Bank. The complaint was filed Friday in a San Francisco federal court.
Tesla cuts prices in the US again to spur demand
Tesla is cutting prices once again in an attempt to boost demand for the electric automobiles. Tesla did a round of price cuts in January too, reducing prices by 20%.
Good Friday and the markets
There will be no trading in stocks to mark Good Friday and the bond market will have an early close.
Investor Bill Miller takes on S&P 500 with new ETF
According to SEC filing, advisers of the Miller Value Partners Appreciation ETF say the fund has an above-average probability to outperform the S&P 500 over a multi-year time horizon.
Bed Bath & Beyond enters into $120M merchandise agreement in bid to stave off bankruptcy
Bed Bath & Beyond announced a $120 million vendor consignment program with ReStore Capital that the struggling retailer hopes will help it keep inventory on the store shelves.
Growing CEO pay gap gives New York an extra edge over London
CEOs in NY can make triple that of their peers across the pond in London. This is mainly due to stock options and regulation. Many companies are leaving the UK for NY.
Chipotle sues Sweetgreen over 'Chipotle Chicken Burrito Bowl'
Fast casual restaurant chain Chipotle Mexican Grill is suing competitor Sweetgreen in federal court in Santa Ana, Calif., claiming the salad restaurant’s new "Chipotle Chicken Burrito Bowl" violates trademarked rights.
FedEx to outline cost reduction plans for fiscal 2024, 2025
FedEx will lay out its cost cutting plans on Wednesday as it continues to slash $4 billion in costs by the end of fiscal 2025.
Credit Suisse execs address UBS takeover
Credit Suisse Chairman Axel Lehmann and CEO Ulrich Korner on Tuesday addressed the Switzerland-based bank’s near-collapse and UBS’s planned takeover of it.
Signature Bank insiders sold $100M in stock during crypto surge
Sales over the past three years by the bank’s chairman, its former chief executive officer and his successor accounted for about half of the amount sold.



















