MetLife, General Atlantic to launch reinsurance venture
By David French NEW YORK (Reuters) – MetLife (NYSE:MET) and General Atlantic are forming a reinsurance venture, the companies’ executives…
UNH, AVGO lead Mega-Cap Movers; Duolingo Dips in Large-Caps on Wednesday
Wednesday’s market has witnessed notable fluctuations among a variety of stocks, with mega-cap and large-cap categories experiencing some of the…
Kroger, Albertsons could turn to ad business as mega merger falls through, analysts say
By Siddharth Cavale NEW YORK (Reuters) -Kroger and Albertsons (NYSE:ACI) could turn to fast-growing and profitable advertising ventures to tackle…
Tesla hits record high as post-election surge continues
Investing.com — Tesla Inc (NASDAQ:TSLA), hit a record high Wednesday as the EV maker continues its post-election surge on bets that CEO…
Barclays cuts homebuilding stocks on flattening home prices, elevated incentives
Barclays (LON:BARC) on Wednesday downgraded the ratings of some U.S. homebuilding stocks DR Horton Inc (NYSE:DHI), Lennar Corporation (NYSE:LEN), PulteGroup…
US charges ex-TD Bank employee with helping to launder money to Colombia
By Nivedita Balu TORONTO (Reuters) – A former TD Bank employee based in Florida was arrested and charged with facilitating…
David Bonderman, co-founder of alternate asset manager TPG, dies at age 82
(Reuters) -David Bonderman, the billionaire co-founder of the $239 billion alternative asset management giant TPG, has died at the age…
JP Morgan downgrades PagerDuty and C3.ai on market dynamics
Investing.com — JPMorgan downgraded both Pagerduty Inc (NYSE:PD) and C3.ai Inc (NYSE:AI) from “neutral” to “underweight” citing competitive pressures, market dynamics,…
Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers
(Reuters) – Shares of health insurers such as UnitedHealth (NYSE:UNH) and CVS Health (NYSE:CVS) fell on Wednesday after a Wall…
Lam Research shares up 3%, TD Cowen called stock ‘top pick’
Investing.com — TD Cowen called Lam Research Corp (NASDAQ:LRCX)its top pick, given its exposure to secular trends such as increasing memory…