Investing.com — US equity futures positioning has slightly declined after reaching record highs, according to RBC Capital Markets, citing CFTC futures data. This trend is reflected in key equity contracts such as the S&P 500, Nasdaq 100, and Russell 2000. S&P 500 futures positioning recently hit a new all-time high, surpassing previous peaks seen in…
Investing.com — Boohoo (LON:BOOH)’s board has urged its shareholders to reject a leadership challenge from its largest shareholder, Frasers (LON:FRAS), citing concerns about potential conflicts of interest and the risks of allowing Frasers to exert greater influence over the company, sending Frasers stock down over 2%. In a statement, Boohoo stated its belief that Frasers and…
Investing.com — Omnicom Group Inc (NYSE:OMC) is reportedly in advanced discussions to acquire Interpublic Group (NYSE:IPG) in an all-stock transaction valued between $13 billion and $14 billion, excluding debt, according to a report from the Wall Street Journal on Sunday. The proposed merger would combine the world’s third-largest ad buyer, Omnicom, with the fourth-largest, Interpublic,…
Investing.com – The US dollar drifted marginally lower Monday, with last week’s jobs report pointing to another Fed cut later this month, but losses were minor amid renewed uncertainty in the Middle East. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower…
Investing.com — Shares of HelloFresh (ETR:HFGG) fell over 6% on Monday after ABC News reported an ongoing investigation into allegations of migrant children working at one of its facilities in Aurora, Illinois. The U.S. Department of Labor is probing the claims that at least six minors, some of whom migrated from Guatemala, were employed in…
Investing.com — Super Micro Computer (NASDAQ:SMCI) announced on Friday that it has received an extension from Nasdaq, giving the company until February to resolve its compliance issues and maintain its listing. The company now has until February 25, 2025, to file its outstanding financial reports with the US Securities and Exchange Commission (SEC). SMCI shares…
Investing.com — Shares of CompuGroup Medical (ETR:COP1n) soared more than 31% on Monday after the company in a statement said it has entered into a partnership agreement with CVC Capital Partners (WA:CPAP), a Luxembourg-based private equity firm. The announcement, which included plans for CVC to launch a voluntary public tender offer for the company’s outstanding…
Investing.com — China has pledged to implement more proactive fiscal stimulus measures and adopt moderately looser monetary policies in 2025, as per official readout from a key policy meeting held by the Political Bureau of the Communist Party of China Central Committee. The readout flagged achievements in strengthening economic resilience, advancing technological innovation, deepening reforms,…
FRANKFURT (Reuters) – Investor morale in the euro zone fell in December to its lowest in more than a year, a survey showed on Monday, with Germany remaining a drag on the bloc as snap elections in February have failed to inspire confidence. The Sentix index for the euro zone fell to -17.5 in December…
Investing.com — President-elect Donald Trump has stated he has no intention of replacing Federal Reserve Chair Jerome Powell, whose term extends until May 2026. In an interview with NBC’s Kristen Welker on “Meet the Press,” Trump responded with “I don’t” when asked if he planned to end Powell’s tenure prematurely. Welker pressed Trump on Powell’s…
