News of New York

J.M. Smucker Utilizes Corporate Bonds to Finance Hostess Brands Deal's Cash Component
12 October 2023
4354
J,M. Smucker's Bittersweet Deal J.M. Smucker Co., known for its popular food brands like Folgers, Smuckers, and Meow Mix, is making strategic moves in the corporate bond market. The company aims to secure funding for its $5....
The March Banking Crisis Fallout: What to Expect from U.S. Banks' Earnings Season
10 April 2023
3731
Earnings season outlook As the U.S. banking industry braces for its upcoming earnings season, investors are gearing up for a challenging outlook. According to experts, a tough quarter is expected due to the fallout of the regional banking crisis an...
The US stock market closed higher on Monday: The Dow Jones rose 0.26%
3 May 2022
3387
Trading on Monday The US stock market ended Monday's trading upwards on the back of a strengthening of the technology, oil and gas and telecoms sectors. At the close on the New York Stock Exchange, the Dow Jones was up 0.26%, the S&P 500 was up...
Intel to build factory in Malaysia
16 December 2021
3903
A step into the Metaworld Intel (INTC) says it will spend $7.1bn to build a chip manufacturing plant in Malaysia as it seeks to compete with TSMC. Intel claims software that will be a "technical breakthrough" ...
The Federal Reserve is running out of economic assistance opportunities
29 October 2020
3199
Federal Reserve asked to provide tax assistance to America With the expiration of the key provisions of the 2.2 trillion dollars CARES Act, which Congress extended in March, the Federal Reserve Board is once again hoping for it as the main economic ...
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