Nomura flags $2 billion loss, cancels bond issue; shares plummet

By Makiko Yamazaki and Stanley White TOKYO (Reuters) -Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and investment bank to shelve a hefty bond issuance and sending its stock tumbling by the most in over a decade. Nomura’s stock was greeted by a deluge of sell orders at market open, pushing its price down as much 16% in early trade. The firm in a statement said the $2 billion hit derived from transactions with a U.S…. Source link

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Nomura Warns of ‘Significant’ Loss From Unnamed U.S. Client

TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real… Source link

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Traders Are ‘Glued to Their Screens’ and Set for Volatile Open

(Bloomberg) — Global traders are bracing for what’s shaping up to be one of the most anticipated opens for U.S. equities in months following an extraordinary $20 billion wave of block trades Friday that rattled investors worldwide. Archegos Capital Management LLC — the family office of Bill Hwang — was behind the sales, dumping shares of Chinese tech giants and U.S. media conglomerates, according to two people directly familiar with the trades. While some of the stocks targeted in the… Source link

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Asia Stocks Mixed as U.S. Futures Dip; Dollar Up: Markets Wrap

TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real… Source link

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Will Biden and Congress give you another payment?

Fourth stimulus check: Will Biden and Congress give you another payment? As millions of Americans still wait for their third stimulus check, speculation is heating up over the prospects for a fourth round of cash payments to help households and the U.S. economy recover from the pandemic. Online searches for the phrase “fourth stimulus check” have mushroomed over the past few weeks, according to Google Trends, and one economist says another payment is “certainly possible.” More than 60 members… Source link

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As Democrats’ Once-Cozy Relationship With Tech Is Tested, Ex-Google Policy Lead’s New Trade Group Touts Industry’s Benefits

A new tech industry association, led by a former Google public policy director and with funding from Amazon.com Inc., Facebook Inc. and Google, is coming to Washington. But instead of starting its efforts with traditional tech policy issues, the group is leaning hard into another Democratic linchpin: voting rights. Just a few days after House lawmakers ripped into the chief executives of Facebook, Google and Twitter Inc. for myriad issues, the Chamber of Progress launches Monday with the… Source link

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Indiana expected to hire Mike Woodson as head coach

Indiana University has hired former Atlanta Hawks and New York Knicks coach Mike Woodson as head coach. The program announced the news Sunday afternoon, confirming multiple reports from earlier in the day. Stadium’s Jeff Goodman reports that Woodson had been in the mix for the job since it opened and became a priority for Indiana after Boston Celtics head coach Brad Stevens and Ohio State head coach Chris Holtmann turned it down. The position opened on March 15 when Indiana fired Archie Miller…. Source link

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Google aims to be anti-Amazon of e-comm, but still has a long way to go

Google tried to copy Amazon’s playbook to become the shopping hub of the internet, with little success. Now it is trying something different: the anti-Amazon strategy. Google is trying to present itself as a cheaper and less restrictive option for independent sellers. And it is focused on driving traffic to sellers’ sites, not selling its own version of products, as Amazon does. In the last year, Google eliminated fees for… Source link

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Michigan women made emergency landing after plane home from NCAA tournament lost pressure – Yahoo Sports

MMA Weekly Francis Ngannou wants to fight Jon Jones, despite Dana White’s doubts After knocking out Stipe Miocic in the second round to win the UFC heavyweight championship at UFC 260, Francis Ngannou spoke to the media at the post-fight press conference about what could be next for his career. Earlier in the evening at the press conference, UFC president Dana White said he was 100-percent willing to make a title fight between Ngannou and Jon Jones. But White also expressed doubt that Jones… Source link

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No Benefit to An Artificially Flat URL Structure

Google’s John Mueller says there’s no benefit to having an artificially flat URL structure compared to one that shows directory depth. The number of slashes in a URL is by no means an indicator of how important a page is, or how likely Google is to surface the page in search results. This topic is discussed during the Google Search Central SEO hangout recorded on March 26. A site owner submits a question about URL structure asking Mueller his thoughts on short URLs versus URLs that show… Source link

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