Investors with a lot of money to spend have taken a bullish stance on Oracle . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ORCL,...

03:30 PM EDT, 03/27/2024 (MT Newswires) -- United Parcel Service's ( UPS ) latest three-year financial targets topped market expectations, though they likely carry risk as the company has previously missed its multiyear objectives, BofA Securities said Wednesday. The package delivery company outlined the targets Tuesday, including eyeing 2026 revenue of about $108 billion to $114 billion and adjusted operating...

WASHINGTON (Reuters) - U.S. banks with significant lending exposure to some multi-family properties and particularly rent-controlled housing are vulnerable to posting losses this year on rising costs facing landlords, according to Fitch Ratings analysts. On a Wednesday call, Fitch Ratings analysts highlighted the risks facing banks which have underwritten loans behind apartment complexes and other multifamily properties. Lending by banks...

03:28 PM EDT, 03/27/2024 (MT Newswires) -- Consumer stocks advanced late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each rising 0.7%. In corporate news, ONE Group Hospitality ( STKS ) shares surged nearly 24% after the company said it will buy Safflower in a deal valued at...