• Global Margarine Market: Analysis by Product, Application and Region (2020-2026) - ResearchAndMarkets.com
    Business Wire

    Global Margarine Market: Analysis by Product, Application and Region (2020-2026) - ResearchAndMarkets.com

    The "Global Margarine Market By Product, By Application, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

  • Cerberus wants 'orderly process' to fill Commerzbank leadership void
    Reuters

    Cerberus wants 'orderly process' to fill Commerzbank leadership void

    Cerberus, a top investor in Commerzbank <CBKG.DE>, said on Monday that a chairman for the bank must be found before there is a formal search for a chief executive. Commerzbank's chairman and chief executive unexpectedly stepped down on Friday, bowing to demands from Cerberus that the bank change its strategy to stop a downward spiral in its financial performance. The German lender's supervisory board will meet on Wednesday to discuss personnel issues.

  • CBD OF DENVER, INC. (CBDD) Rockflowr Has the Ability to Reduce THC Levels in CBD Flower
    PR Newswire

    CBD OF DENVER, INC. (CBDD) Rockflowr Has the Ability to Reduce THC Levels in CBD Flower

    CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company ("CBDD") selling Black Pearl CBD and hemp products and the owner of CBD Social Network today announced that its wholly owned subsidiary Rockflowr GmbH, has access to a proprietary process to reduce the THC level in cannabis flowers.

  • CNW Group

    HighGold Mining Announces C$8.0 Million Bought Deal Private Placement Common Share Offering

    HighGold Mining Announces C$8.0 Million Bought Deal Private Placement Common Share Offering

  • Dow Jones Futures Signal Strong Coronavirus Stock Market Rally On Bullish China, Covid-19 Trends; Tesla Soars
    Investor's Business Daily

    Dow Jones Futures Signal Strong Coronavirus Stock Market Rally On Bullish China, Covid-19 Trends; Tesla Soars

    Dow futures jumped as China markets soar and Covid-19 deaths remain low, with the Nasdaq composite at a record high. What's next for Tesla?

  • The $325,000 Expense Most Retirees Aren't Planning For
    Motley Fool

    The $325,000 Expense Most Retirees Aren't Planning For

    Although Medicare covers some healthcare costs for seniors, the gaps in this popular program are huge. A recent report from the Employee Benefit Research Institute (EBRI) found a senior couple could need as much $325,000 to have a 90% chance of covering their out-of-pocket costs including Medicare premiums and prescription drugs. A different EBRI study found less than a third of Americans have planned for covering healthcare costs in retirement.

  • The World Market for Blockchain in Aerospace & Defense (2020-2025) Featuring Profiles of SIMBA Chain, Accenture, Loyyal Corporation, Aeron Labs, Winding Tree, and More
    PR Newswire

    The World Market for Blockchain in Aerospace & Defense (2020-2025) Featuring Profiles of SIMBA Chain, Accenture, Loyyal Corporation, Aeron Labs, Winding Tree, and More

    The "Blockchain in the Aerospace and Defense Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

  • Reuters

    GLOBAL MARKETS-Stocks rally to four-week highs as investors bet on China revival

    Global stock markets rallied to four-week highs and China's yuan headed for its best day against the dollar since December on Monday as investors counted on a revival in China to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States. European shares jumped, with the pan-European STOXX 600 index rising 1.4%. Stocks exposed to China -- carmakers, industrials, energy firms and luxury goods makers -- rose strongly, while banks also rallied.

  • $171+ Billion Chocolate Industry Assessment, 2020 Report - ResearchAndMarkets.com
    Business Wire

    $171+ Billion Chocolate Industry Assessment, 2020 Report - ResearchAndMarkets.com

    The "Global Chocolate Market By Product, By Traditional Chocolate Type, By Distribution Channel, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

  • MarketWatch

    BD's stock gains on launch of rapid COVID-19 diagnostic test

    Shares of Becton Dickinson & Co. gained 3.6% in premarket trading on Monday after the diagnostics company announced the launch of a point-of-care COVID-19 antigen test that can detect the coronavirus in 15 minutes. It's the third BD COVID-19 diagnostic test to receive emergency use authorization from the Food and Drug Administration during the pandemic. "This will be a game-changer for frontline health care workers and their patients to be able to access a quick diagnostic test for COVID-19, offering results in real-time at convenient locations like retail pharmacies, urgent care centers and doctors' offices," Dave Hickey, president of BD's integrated diagnostic solutions business, said in a news release. BD's stock is down 9.9% year-to-date, while the S&P 500 has declined 3.1%.

  • How a coin shortage is impacting Mich. retailers and grocery stores
    USA TODAY

    How a coin shortage is impacting Mich. retailers and grocery stores

    In mid-June, the Federal Reserve announced a nationwide coin shortage, which it blamed on the COVID-19 pandemic.

  • Global $12.7 Bn Dried Fruit Market by Product, Distribution Channel and Region - Forecast to 2026 - ResearchAndMarkets.com
    Business Wire

    Global $12.7 Bn Dried Fruit Market by Product, Distribution Channel and Region - Forecast to 2026 - ResearchAndMarkets.com

    The "Global Dried Fruit Market By Distribution Channel, By Product, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

  • TheStreet.com

    Spotify's Stock Run-Up Gets Mixed Reviews From Analysts

    Spotify gets both a thumbs up and a thumbs down from two separate Wall Street analysts with differing views on the company's podcasting prospects.

  • China Rally Is Fueled by Funds Short Covering, Nomura Says
    Bloomberg

    China Rally Is Fueled by Funds Short Covering, Nomura Says

    (Bloomberg) -- Macro hedge funds and quantitative investors are fueling the Chinese stock market rally as they unwind bearish wagers, according to Nomura.Such investors have been exiting short positions in Chinese equities as market sentiment rises to the highest since March, said Masanari Takada, cross-asset strategist at Nomura, citing positioning data for Asian equities.“It appears that the market gains have been powered by global macro hedge funds and systematic funds,” he said in a note on Monday. Such investors, which include Commodity Trading Advisors and risk-parity funds, are now “covering short positions in a conspicuous way.”The CSI 300 Index has rallied for six straight weeks to a five-year high amid surging volumes and cheerleading from state media. Chinese government bonds have sold off as signs of economic recovery prompt the country’s central bank to rein in the pace of monetary easing.Read about how China’s efforts to boost stocks risk a repeat of its 2015 bubbleAs the U.S. fails to slow the spread of Covid-19, investors may have increased positions in China and elsewhere in Asia because of a perception the pandemic has been more effectively contained, Takada wrote.Absent a second wave in New York State that causes markets to cease functioning, U.S. stocks may rally this month to erase their underperformance versus Chinese stocks, he said.“We expect that U.S. stock market gains in July will probably unfold at a sustainable pace, led by investors cautiously feeling out the market as they follow it upward,” he said.Seasonal patterns suggest trend-following investors will likely resume accumulating long positions if the S&P 500 can maintain its upward momentum and hold above 3,030 to 3,050, he added. The gauge closed at 3,130.01 on Thursday.(A previous version of this story corrected wording in second paragraph to show hedge funds are covering short positions.)(Adds expectations for trend-following investors in final paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Have Insiders Been Buying European Residential Real Estate Investment Trust (CVE:ERE.UN) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying European Residential Real Estate Investment Trust (CVE:ERE.UN) Shares This Year?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • China Propels Global Stock Rally to One-Month High: Markets Wrap
    Bloomberg

    China Propels Global Stock Rally to One-Month High: Markets Wrap

    (Bloomberg) -- Global stock markets are starting the week with a bang after China’s influential state media stoked bullish enthusiasm. The dollar index fell for a fifth day and Treasuries dipped.Uber Technologies Inc. shares climbed after people familiar with the matter said the company agreed to acquire Postmates Inc. in a $2.65 billion deal. Banks, construction and insurance shares led gains in the Stoxx Europe 600 Index higher. Copper is on the cusp of erasing this year’s losses after virus-related disruptions tightened supplies.A front-page editorial in China’s Securities Times on Monday said that fostering a “healthy” bull market after the pandemic is now more important to the economy than ever. Chinese social media exploded with searches for the term “open a stock account,” with bullish sentiment also lifting the yuan. The Shanghai Composite Index closed up 5.7%, the biggest advance since 2015.China Stokes a Stock-Market Mania, Risking Repeat of 2015 BubbleThe MSCI World Index is now at the highest level since early June, with investors putting their faith in an economic recovery powered by historic government stimulus.But there’s a long way to go before the economy gets back to normal. Goldman Sachs Group Inc. cut estimates for U.S. growth this quarter and said consumer spending appears likely to stall this month and next. Still, economists led by Jan Hatzius said other economies have proved it’s possible to resume activity and changes in behavior such as wearing masks will help too.“The willingness of investors to look through the current disruption to an anticipated recovery this quarter is imperiled by still rising virus infection rates,” said Michael McCarthy, a markets strategist at CMC Markets Plc in Sydney.Here are some key events coming up:The EIA crude oil inventory report comes Wednesday.All eyes will be on the U.S. weekly jobless claims report on Thursday.Singapore holds its general election on Friday.These are the main moves in markets:StocksFutures on the S&P 500 Index increased 1.2% as of 7:35 p.m. New York time.The Stoxx Europe 600 Index gained 1.3%.The MSCI Asia Pacific Index increased 1.7%.The MSCI Emerging Market Index climbed 1.8%.CurrenciesThe Bloomberg Dollar Spot Index fell 0.4%.The euro advanced 0.6% to $1.1315.The British pound gained 0.2% to $1.2506.The Japanese yen was little changed at 107.52 per dollar.BondsThe yield on 10-year Treasuries advanced two basis points to 0.69%.Germany’s 10-year yield dipped one basis point to -0.44%.Britain’s 10-year yield gained two basis points to 0.204%.CommoditiesWest Texas Intermediate crude advanced 0.8% to $40.60 a barrel.Gold strengthened 0.3% to $1,777.27 an ounce.LME copper climbed 1.5% to $6,105.50 per metric ton.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Investopedia

    Buffett's Berkshire Buys Dominion Natural Gas Assets For $10 Billion

    Berkshire Hathaway has announced a $9.7 billion deal to buy most of the natural gas assets owned by utility Dominion Energy.

  • Global Surgical Retractor Market Set to Reach $3.6 Billion by 2026 - Breakdown by Product, Application and Region - ResearchAndMarkets.com
    Business Wire

    Global Surgical Retractor Market Set to Reach $3.6 Billion by 2026 - Breakdown by Product, Application and Region - ResearchAndMarkets.com

    The "Global Surgical Retractor Market By Application, By Product, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

  • Argentina Improves Debt Offer in Latest Move to Reach Deal
    Bloomberg

    Argentina Improves Debt Offer in Latest Move to Reach Deal

    (Bloomberg) -- Argentina presented an improved debt offer to restructure $65 billion of foreign bonds in an attempt to reach a deal with its creditors after more than two months of stalled talks.The proposal seeks to reduce creditor losses on the bonds’ principal, increase coupons and shorten bond maturities, according to a release published Sunday evening. The latest proposal will include minimum participation thresholds as a condition to go forward, according to the release, without disclosing the percentages needed.Argentina’s debt talks have stumbled in recent weeks, with little progress and limited communication with some of the nation’s largest creditors. The South American country, which defaulted for the ninth time in history in May, has repeatedly extended the deadline to reach a deal and until Sunday, had set July 24 as the next key date. Given that the country is already in default, the deadlines aren’t binding.“We’ve done our part, based on our full commitment to put a final end to the debt crisis in a sustainable way,” said Economy Minister Martin Guzman in an emailed statement. “We hope our creditors can understand the restrictions we have, and they value our will to reach a deal that works for all parts.”Argentina’s latest offer will pay accrued interest via a dollar and euro bond due 2030, and will allow holders of bonds issued under the 2005 indentures to receive new bonds maintaining the same contracts. The offer will let holders of euro and swiss franc-denominated eligible bonds choose dollar-denominated bonds.The proposal unveiled Sunday would begin making capital payments in March 2025 and set semi-annual coupons, with payments in March and September of each year, beginning September 2021. That’s earlier than a prior offer formally presented in April, which suggested interest payments begin in 2023. The latest proposal also suggests step-up coupons, beginning at 0.125% next year, with some bonds eventually paying investors 5% annually.“The government has made a substantial improvement relative to the first offer introduced by mid-April,” according to Ramiro Blazquez, head of research and strategy at BancTrust & Co. in Buenos Aires. With the latest extension, “the government has decided to continue playing the chicken game based on the notion--probably nurtured by Guzman--that creditors also stand much to lose from a messy default.”The offer also proposes to swap existing bonds for dollar and euro bonds maturing in 2030, 2035, 2038, 2041 and 2046. It did not include a sweetener, also known as a value recovery instrument. Prior proposals from the government and creditors made public in June had suggested adding a sweetener tied to either exports or gross domestic product.The $3 billion note due 2048 rose 0.5 cent to about 38.7 cents on the dollar at 7:30 a.m. in New York Monday.“The inclusion of a value recovery instrument could be the government’s ace under the sleeve to eventually unlock negotiations and increase the value of the offer further without compromising debt sustainability,” Blazquez added.Argentina will also submit a bill to Congress in the coming days to restructure its local-law, foreign currency debt. The government says the bill will propose giving holders of local-law dollar debt the same conditions that it has offered creditors of overseas debt in its latest offer.Huge EffortArgentina’s President Alberto Fernandez had said earlier Sunday that the government would make public a new offer to creditors.“The offer will be revealed today,” Fernandez said in an interview with local radio. “We have made a huge effort to keep our word. This is the maximum effort that we can make.” He said the new offer would be open until the end of August.Last week, one group of bondholders, the Argentina Creditor Committee, presented a proposal to the government. But two other groups of creditors are discussing an agreement to reject a new government offer based on that proposal, according to people familiar with the discussions.Those two groups, which include major firms such as BlackRock Inc., Ashmore Group Plc. and Monarch Alternative Capital LP, said last week they hadn’t had meaningful discussions with the government since June 17.(Adds bond performance in ninth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GlobeNewswire

    Social Media Thematic Research Report 2020 - COVID-19's Winners and Losers

    Dublin, July 06, 2020 -- The "COVID-19 Impact on Social Media - Thematic Research" report has been added to ResearchAndMarkets.com's offering.This report analyzes.

  • GlobeNewswire

    Informative Text Offers A Behind the Scenes Look into the Fascinating Production of the F-16 Fighting Falcon

    The F-16 Fighting Falcon also known as the Viper is one of the best fighter aircraft in military aviation history. In Herbert A. Hutchinson’s book, “The F-16 Fighting Falcon Multinational Weapon System, 1972 to 2019,” he illustrates the unconventional process of creating one of the major United States Air Force weapon systems that he also had the pleasure to work on.

  • MarketWatch

    Coronavirus tally: Global COVID-19 cases rise to 11.5 million, U.S. to nearly 2.9 million

    The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 11.47 million on Monday, according to data aggregated by Johns Hopkins University, with the U.S. leading the way by far with 2.89 million cases. The number of deaths grew to 534,784, while the number of people who have recovered reached 6.19 million. The U.S. death toll is 129,947, while 906,763 have recovered. Within the U.S., infections have climbed in 38 states over the past 14 days, according to a New York Times tracker, with Idaho, Montana and Florida leading the way. Internationally, Brazil is second to the U.S. with 1.60 million cases and 64,867 deaths, but is first with 1.03 million recovered. India is third measured by cases at 697,413, followed by Russia with 686,777 and Peru with 302,718. The U.K. has 44,305 fatalities, the highest in Europe and third highest in the world. China, where the illness was first reported late last year, has 84,871 cases and 4,641 fatalities.

  • Global Self Balancing Scooter Industry (2019 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com
    Business Wire

    Global Self Balancing Scooter Industry (2019 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

    The "Self Balancing Scooter - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

  • The Morning After: Uber sets its sights on Postmates
    Engadget

    The Morning After: Uber sets its sights on Postmates

    Engadget's daily tech news bulletin. We kick the week off with reports that Uber is buying Postmates, a better Chrome and the future of 5G. Oh, and Iron Man VR isn't the killer PSVR game you were hoping for.

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