Deep-pocketed investors have adopted a bearish approach towards Meta Platforms ( META ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in META usually suggests something big is about to happen. We gleaned this information...

12:31 PM EST, 02/18/2025 (MT Newswires) -- Canadian banks begin reporting first-quarter results on Feb. 25. The first-quarter reporting season comes with with far greater economic uncertainty than expected, National Bank writes. Attention will shift to bank guidance commentary, specifically related to credit (e.g., becoming more conservative) and revenue growth. Still, National Bank expects strong performance from Capital Markets segments....

Asbury Automotive Group Inc ( ABG ) shares are trading lower on Tuesday. The company inked a deal to acquire The Herb Chambers Companies in a $1.34 billion deal. The transaction covers Herb Chambers’ 33 dealerships, 52 franchises, and three collision centers, representing $2.9 billion in 2024 revenue. The transaction, expected to close in the late second quarter of 2025, is subject to customary conditions...

(Reuters) - HSBC ( HSBC ) said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid a wider restructuring at the bank. The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to Bank of Bahrain and Kuwait, which is majority owned by the governments of both the countries....