Morningstar.com

Rogers, Shaw Combination to Proceed After Ottawa OK for Freedom ...
morningstar.com > news > dow-jones...By Adriano Marchese Rogers Communications Inc.'... ...The Canadian federal innovation minister, Francois-Philippe Champagne, said Friday he has granted the transfer of Freedom Mobile spectrum licenses... ...Approval for the Freedom Mobile transfer was critical to closing the merger between Rogers and Shaw, which the companies now expect to happen April... ...Competition Bureau sued to stop the deal in May....

Groupon stock pops as company switches up its CEO
morningstar.com > news...He replaces Kedar Deshpande, who has stepped down from his CEO and director posts but plans to advise the company for 60 days to help with its transition... ...of interim chief executive effective immediately.... ...MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal... ...-Emily Bary This content was created by MarketWatch, which is operated by Dow Jones & Co....

Hang Seng Index Rises 3.13% This Quarter to 20400.11 Data Talk
morningstar.com > news > dow-jones...and percentage gain since the 1st quarter 2021 --This month it is up 614.17 points or 3.10% --Largest one-month point and percentage gain since Jan... ...three consecutive weeks --Up 1080.19 points or 5.59% over the last three weeks --Largest three-week point and percentage gain since the week ending Jan... ...over the last four trading days --Largest four-day point and percentage gain since Friday, March 24, 2023 --Longest winning streak since Monday, Jan... ...market rose for four straight trading days --Up seven of the past nine trading days --Off 38.47% from its record close of 33154.12 hit Friday, Jan...

Road to prison: How cars can lead to a cycle of debt and ...
morningstar.com > news...That's one takeaway of "Cars and Jails: Freedom Dreams, Debt and Carcerality," a book by Julie Livingston and Andrew Ross, professors at New York... ...By Jillian Berman The authors of "Cars and Jails" were surprised to learn the role that cars play in the nation's carceral system.... ...They highlight the example of Ferguson, Mo., where in the wake of the shooting of Michael Brown, a Justice Department investigation found that city... ...In 2019, about 85% of new car buyers in the U.S. used a loan to pay for their car, according to Public Interest Research Groups, a consumer advocacy...

Air-travel complaints quadrupled between 2019 and 2022. Here's why.
morningstar.com > news...By Emma Ockerman "Unreliable air travel has ruined too many special times for too many Americans the last couple of years," says the author of a... ...Department of Transportation data analyzed by the U.S.... ...PIRG Education Fund, a nonprofit advocacy group.... ...PIRG Education Fund's consumer watchdog and the author of the report, said in a statement Wednesday....

Metropolitan Bank stock sees big bounce after financial update ...
morningstar.com > news...Shares of Metropolitan Bank Holding Corp.... ...(MCB) bounced 14.8% in premarket trading Friday, after the parent of New York-based Metropolitan Commercial Bank provided a financial update, saying... ...There has been concerns over the market valuation of CRE assets after the collapse of SVB Financial Group's (SIVBQ) Silicon Valley Bank.... ...MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal...

EMEA Morning Briefing: Slight Gains Seen for Stocks as Inflation ...
morningstar.com > news > dow-jones...; France provisional CPI, PPI, household consumption expenditure in manufactured goods; Italy industrial turnover, provisional CPI, cities CPI; UK... ...MARKET WRAPS Watch For: EU unemployment, flash estimate euro area inflation; Germany retail trade, foreign trade price indices, labor market statistics... ...Oil producers including Norway's DNO ASA, Gulf Keystone Petroleum and HKN Energy have begun shutting wells in the Kurdistan region in Iraq after... ...interest rates peaked," Deputy Chief Markets Economist Jonas Goltermann said....

Yellen tells economists there's "unfinished business" on financial rules
morningstar.com > news...By Robert Schroeder and Victor Reklaitis Treasury chief speaks as Biden calls for new rules on big regional banks Treasury Secretary Janet Yellen... ...Yellen, in a speech before a meeting of the National Association for Business Economics, hailed progress made over the past 15 years on safeguarding... ...Deposit Insurance Corp.] and Treasury," Yellen said.... ...Regulators earlier this month protected all depositors at the failed Silicon Valley Bank and Signature Bank of New York....

Here are the 20 best performing stocks of -2-
morningstar.com > news...Synchrony Financial SYF -20.1% -13.1% -29.2% 5.5 6.4 PNC Financial Services Group Inc. PNC -19.6% -19.6% -21.2% 8.6 9.8 Boston Properties Inc.... ...AIG -18.5% -21.2% 11.2% 7.6 10.0 Source: FactSet First Republic Bank (FRC) of San Francisco has been the worst-performing stock in the S&P 500 this... ...INTC 28.7% 21.4% -48.7% 40.0 14.6 Advanced Micro Devices Inc. AMD 24.6% 51.1% -55.0% 28.9 17.8 Meta Platforms Inc.... ...ADBE 17.9% 13.5% -40.7% 23.6 21.8 Lululemon Athletica Inc. LULU 15.8% 11.8% -18.2% 30.3 28.3 Microsoft Corp....

'I feel like a sucker': I bought stock for $18 after an IPO. The ...
morningstar.com > news...By Quentin Fottrell "It seems they put a high price target to generate interest in the IPO" Dear Quentin, I purchased a stock when it went public... ...A major brokerage house was the underwriter and had a price target of $30 on the stock.... ...Every investor wants to get in on the ground floor of the next Tesla (TSLA) or Apple (AAPL) or Netflix (NFLX) or Amazon (AMZN).... ...In his book, "The Wall Street Waltz," wealth manager Ken Fisher has a pretty straightforward, if refreshingly blunt, explanation for your dilemma...