Tag Archives: falling

[unable to retrieve full-text content]NBA Playoffs: Suns’ much-hyped season all but over after falling behind 3-0 vs. Timberwolves  Yahoo Sports Source link

[unable to retrieve full-text content]GDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates while inflation increases  Yahoo Finance Source link

[unable to retrieve full-text content]GDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates  Yahoo Finance Source link

[unable to retrieve full-text content]Traders raise bets on stocks falling as S&P 500 nears new bull market  Yahoo Finance Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 20, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. Corporate earnings season will be in full swing by the end of next week. Big banks, airlines, and Netflix (NFLX) have all released… Source link

The Minnesota Vikings rallied from 33 points down to beat the Indianapolis Colts 39-36 in overtime and clinched the NFC North in doing so. The previous biggest comeback in NFL history was when the Buffalo Bills — led by Frank Reich, whom the Colts fired as head coach in early November — rallied from a 32-point deficit to beat the Houston Oilers in the 1992 season wild-card round. A massive fourth quarter for the Vikings sent it to overtime Trailing 36-28 late in the fourth quarter, Kirk… Source link

Take our debt, please! Struggling retailer Bed Bath & Beyond is coming up woefully short in a key debt exchange designed to give the company some much-needed financial breathing room. The company said Tuesday that it would extend its debt exchange offer to Dec. 19 from Dec. 5. The extension reflects limited appetite by debt-holders in the debt swap, according to data supplied by the retailer (right hand column in chart below). Such limited appetite likely reflects the concern among… Source link

Take our debt, please! Struggling retailer Bed Bath & Beyond is coming up woefully short in a key debt exchange designed to give the company some much-needed financial breathing room. The company said Tuesday that it would extend its debt exchange offer to Dec. 19 from Dec. 5. The extension reflects limited appetite by debt-holders in the debt swap, according to data supplied by the retailer (right hand column in chart below). Such limited appetite likely reflects the concern among… Source link

(Bloomberg) — Some of Wall Street’s biggest banks aren’t buying this stock-market rally. Most Read from Bloomberg Firms from HSBC Holdings Plc to Credit Suisse Group AG are skeptical that the S&P 500 Index has reached its ultimate low and warning that US equity prices still don’t fully reflect the risks of higher interest rates on earnings and valuations. Aggressive tightening by the Federal Reserve in an attempt to fight the hottest US inflation in four decades can do further damage to… Source link

Apple (AAPL) is pulling away from iPhone 14 production, retreating from plans to increase manufacturing by 6 million units, according to a report by Bloomberg. Apple hasn’t confirmed the report, but if true, this would put Apple’s iPhone production in line with last year, at about 90 million units. Still, a potential pullback is major news. The iPhone is Apple’s hero product, and its sales accounted for 52% of Apple’s 2021 revenue, so the stakes are high. However, the pullback likely… Source link