Asian Stocks Continue Slide Amid Trade War Fears
In Southeast Asia, the FTSE Straits Times Index declined 1.4%, while Malaysia's FTSE Bursa Malaysia KLCI was 0.3% lower. Markets in China, Hong Kong, Taiwan and Indonesia are closed Friday.
Textron's Prudent Investments in Medium Jets and New Rotorcraft Don't Make Up for Tough End Markets
In some of its key markets, Textron's products are far and away the most common version in use. Part of the company's strategy is to provide ongoing service and parts for its back catalog of vehicles.
Tariffs Will Affect Short-Term Discretionary Producer Spending; Halliburton Hurt More than Peers
We believe Halliburton enjoys solid credit quality, with a low risk of default. As of the end of 2024, Halliburton carries total gross debt of $7.6 billion (of which $7.4 billion is long-term dated) ...
US-Based Alternative Asset Managers: Share Values Tank on Tariff-Induced Equity Market Rout
The share prices of US-based alternative asset managers—like Blackstone BX and KKR KKR —are down more than 10% on average ...
The Value of Moderna's mRNA Technology Is Obscured by Fears of a Hostile US Regulatory Environment
Moderna's mRNA technology gained rapid validation as sales of its covid vaccine soared in 2021 and 2022, but we think the firm has yet to secure a narrow economic moat around its business, largely due ...
Trump's sweeping tariffs could have a surprising silver lining for home buyers
Home buyers and sellers in the U.S. are likely to feel the impact of the tariffs President Donald Trump slapped on every country worldwide Wednesday - but it isn't all that bad.
US-Based Traditional Asset Managers: Tariff-Induced Market Uncertainty Drives Shares Lower
Share prices of US-based traditional asset managers like BlackRock BLK and T. Rowe Price TROW are down more than 6% on average on April 3 as the markets react negatively to the Trump administration’s ...
RH's stock plummets 40% - and is 'fully at the mercy' of tariffs, analyst says
As President Donald Trump's new tariffs hammered retail and clothing stocks on Thursday, shares of upscale furniture chain RH were among the biggest losers - plunging to their biggest percentage drop ...
Lululemon stock falls as Trump's tariffs put it in the 'bullseye.' This analyst still says buy.
The stock (LULU) tumbled about 10% on Thursday, to close at its lowest price since Sept. 10. The selloff comes less than a week after Lululemon shares plunged 14.2% in the wake of a disappointing ...
Baylor College of Medicine to Use $150 Million From Muni Bond Sale For New Building
The Baylor College of Medicine will receive $150 million from the sale of tax-exempt municipal bonds, which it will use to construct new building for the schools of medicine and health professions.
Florida's Winter Garden Offering $70 Million of Bonds For Water System Improvements
The City of Winter Garden, Fla., plans to sell $70 million of revenue bonds with proceeds slated to finance and reimburse the cost of improvements to the municipal water and wastewater system.
Trump’s Tariffs Upend Global Markets: Here’s What Investors Should Know
The market impact is going to play out in coming months and the story is yet to be written.