09 April

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Airlines Slip After Boeing’s Call To Check On Issue With 737 By Investing.com

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By Dhirendra Tripathi Investing.com – Shares of several airline companies fell Friday after they removed some 737 Max jets from their schedule in response to Boeing's (NYSE:BA) advice to check the planes for certain issues. Delta (NYSE:DAL) fell 1% while Southwest Airlines (NYSE:LUV) and American Airlines (NASDAQ:AAL) were both down just short of that. Boeing itself slipped by 1.7% after the disclosure earlier in the day. American Airlines removed 17 Boeing 737 Max jets from its schedule while Southwest took off 30. Boeing said it asked 16 customers to address a potential production issues related to...

09 April

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Harley-Davidson Snags a Buy from Northcoast By Investing.com

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By Christiana Sciaudone Investing.com -- Harley-Davidson (NYSE:HOG) jumped more than 4% after getting an upgrade at Northcoast. Analyst Brandon Rolle upgraded HOG to buy from neutral with a price target of $49, according to StreetInsider. Rolle had downgraded shares in late January. Hog hired a new chief executive officer last year, shed jobs and has been attempting a turnaround after the storied brand lost much of its luster, reportedly in part thanks to Millennials who aren't interested in high-priced bikes (or haven't yet reached mid-life). Shares have about doubled since mid-2020. While a turnaround seemed to...

09 April

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Draghi Is Rushing Through Plans to Borrow Up to $48 Billion More By Bloomberg

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(Bloomberg) -- Italian Prime Minister Mario Draghi is bringing forward plans for as much as 40 billion euros ($48 billion) in new borrowing as the cost of keeping the economy afloat drains the state’s coffers and street protests heap pressure on the government, according to two people familiar with the matter. The government will need between 35 billion and 40 billion euros to cover all of the country’s needs, from maintaining furloughs to sustaining help for businesses and families, the people said, asking not to be identified as discussions are confidential. A spokesperson for Draghi declined...

09 April

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Melt up? More money poured into stocks in past 5 months than last 12 years By Reuters

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By Thyagaraju Adinarayan and Sujata Rao LONDON (Reuters) - Equity funds have attracted more than half a trillion dollars in the past five months, exceeding inflows recorded over the previous 12 years, according to data from BofA, which has likened the stampede to a "melt-up" in markets. The flows are also raising fears of a pullback from record highs, given valuations are at the highest since the dotcom bubble of the late 1990s, with the S&P 500 trading at nearly 22 times forward earnings. "Goldilocks and melt-up are popular terms this week and we think that...

09 April

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Countries emphasise importance of AstraZeneca shot as they look to alternatives By Reuters

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By Byron Kaye and Twinnie Siu (Reuters) - Australia said on Friday it had ordered more alternatives for the AstraZeneca (NASDAQ:AZN) vaccine, setting back its vaccination rollout, and Hong Kong delayed deliveries of the shot amid concern about a possible very small risk of rare blood clots. The Australian decision effectively puts paid to plans to have its entire population vaccinated by the end of October, highlighting the delicate public health balancing act the issue has created. Millions of doses of the AstraZeneca shot have been safely administered around the world and millions more have been...

09 April

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Novacyt shares collapse after failure to renew UK supply contract By Investing.com

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By Samuel Indyk Investing.com – Shares in Novacyt have fallen over 30% on Friday after the company’s supply contract with the UK Department of Health and Social Care (DHSC) was not renewed. Anglo-French company Novacyt (LON:NCYT) makes the exsig Covid-19 direct kits and other products and had a previous supply agreement with the DHSC. Back in January this year, the company said it was in active discussions with the DHSC regarding an extension of the contract but an extension has not been agreed, although the company provided PROmate in Q1 2021 in accordance with demand from...

09 April

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Levi Gains On Raising Dividend, More Positive First Half Outlook By Investing.com

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By Dhirendra Tripathi Investing.com – Levi Strauss (NYSE:LEVI) shares were up 4% in Friday’s premarket after the company said it will raise its quarterly dividend and also raised its guidance for the first half. The company will pay 6c a share on or after May 25 as against 4c in the first quarter. The company, declaring its December-February earnings Thursday, said it will reassess dividend payments for future quarters as circumstances evolve. The jeans maker raised its fiscal first-half 2021 reported net revenue outlook to 24%-25% growth on the year and raised its adjusted EPS estimate...

09 April

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Inflation Spike Begins, Europe’s Vaccines, Amazon Vote – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- The long-awaited spike in inflation rates begins, as price data for March trickle in. Europe's industrial output in March slipped alarmingly. Amazon looks like winning its struggle to avoid unionized labor, and OPEC+ members are pumping more oil than they should. Here’s what you need to know in financial markets on Friday, April 9th. 1. The inflation spike begins March inflation data out of China confirmed the start of a widely-expected increase in prices, measured in annual terms. Producer price inflation rose 4.4% on the year, the fastest increase since July 2018...

09 April

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Northern Ireland’s Loyalist Communities Council says: we are seeking an end to all violence By Reuters

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LONDON (Reuters) - Northern Ireland's Loyalist Communities Council, which represents the views of loyalist paramilitaries, said it was not involved in recent violence but that loyalist anger had been misunderstood. "The Loyalist Communities Council can confirm that none of their associated groups have been involved either directly or indirectly in the violence witnessed in recent days," it said. "To date there has been a spectacular collective failure to understand properly the scale and nature of Unionist and Loyalist anger. Indeed there is a complete failure to understand Loyalists as people and equal citizens." ...

09 April

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LinkedIn says some user data extracted and posted for sale By Reuters

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(Reuters) - Some LinkedIn (NYSE:LNKD) data, including publicly viewable member profile, has been extracted and posted for sale, Microsoft Corp (NASDAQ:MSFT)'s professional networking site said based on an investigation. The incident was not a data breach and no private member account data from the platform was included, LinkedIn said in a blog post https:// on Thursday, adding that the information on sale is a collection of data from a number of websites and companies. LinkedIn declined to provide more details on the incident, including the number of users affected. CyberNews had reported https:// on...

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Airlines Slip After Boeing’s Call To Check On Issue With 737 By Investing.com

Harley-Davidson Snags a Buy from Northcoast By Investing.com

Draghi Is Rushing Through Plans to Borrow Up to $48 Billion More By Bloomberg

Melt up? More money poured into stocks in past 5 months than last 12 years By Reuters

Countries emphasise importance of AstraZeneca shot as they look to alternatives By Reuters

Novacyt shares collapse after failure to renew UK supply contract By Investing.com

Levi Gains On Raising Dividend, More Positive First Half Outlook By Investing.com

Inflation Spike Begins, Europe’s Vaccines, Amazon Vote – What’s up in Markets By Investing.com

Northern Ireland’s Loyalist Communities Council says: we are seeking an end to all violence By Reuters

LinkedIn says some user data extracted and posted for sale By Reuters

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