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Benchmark Cuts Price Target on Airbnb to $155 From $190, Maintains Buy Rating; Shares Plunge Pre-Bell
Benchmark Cuts Price Target on Airbnb to $155 From $190, Maintains Buy Rating; Shares Plunge Pre-Bell
Aug 7, 2024
07:25 AM EDT, 08/07/2024 (MT Newswires) -- Airbnb ( ABNB ) has an average rating of hold and price targets ranging from $80 to $200, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Price:...
EXPLAINER-What is the yen carry trade?
EXPLAINER-What is the yen carry trade?
Aug 7, 2024
SINGAPORE, Aug 7 (Reuters) - Global stock and bond markets, in particular Japan's, are being rocked by an unwinding of the hugely popular yen carry trade. That trade, which involves borrowing yen at a low cost to invest in other currencies and assets offering higher yields, is being wrecked by Japan's rate increases, a volatile yen and imminent rate cuts...
EMERGING MARKETS-Stocks track global shares higher, dollar gains weigh on FX
EMERGING MARKETS-Stocks track global shares higher, dollar gains weigh on FX
Aug 7, 2024
(Updated at 0855 GMT) * Romanian central bank seen cutting rates by 25 bps * Outlook for CEE currencies mixed: Reuters Poll * Bangladesh c.bank officials resign due to protests - sources By Lisa Pauline Mattackal Aug 7 (Reuters) - Emerging market stocks rose on Wednesday, as global shares bounced back from a brutal sell-off at the start of the...
Futures rally as Big Tech extends recovery
Futures rally as Big Tech extends recovery
Aug 7, 2024
(Reuters) - U.S. stock index futures jumped on Wednesday as risk appetite returned after a steep selloff earlier in the week, with sentiment also getting a boost from cautious comments on interest-rate hikes by an influential Bank of Japan policymaker. Big technology stocks extended their rebound, rising more than 1% in premarket trading. Wall Street's main indexes ended Tuesday with...
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Morgan Stanley Real Estate Investing Announces Acquisition of French Logistics Portfolio of Five Assets
Morgan Stanley Real Estate Investing Announces Acquisition of French Logistics Portfolio of Five Assets
Jul 24, 2026
PARIS--(BUSINESS WIRE)-- Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), announced today the acquisition of a portfolio of five French logistics assets. The fully leased portfolio totals approximately 160,000 square meters across established French logistics markets in Paris, Lille, Bordeaux, Nîmes and Tours. MSREI plans to implement an active asset management strategy across...
South Korean court orders SK Chairman Chey to pay record $640 mln in divorce
South Korean court orders SK Chairman Chey to pay record $640 mln in divorce
Jul 24, 2026
* Court orders $640 mln paid to ex-wife in asset settlement * Award calculation to reflect holding company stake, court says * SK Inc shares fall over 4%, chipmaker SK Hynix ( SKHY ) drops over 8% * Ruling may cause some share sales, analysts say * But not expected to affect group management control, they say (Adds stock performance,...
Codexis Prices 16.7 Million Shares at $1.50 in Public Stock Offering
Codexis Prices 16.7 Million Shares at $1.50 in Public Stock Offering
Jul 24, 2026
03:54 AM EDT, 07/24/2026 (MT Newswires) -- Codexis ( CDXS ) said Thursday it priced an underwritten public sale of roughly 16.7 million common shares at $1.50 per share. Underwriters have a 30-day option to buy an extra 2.5 million shares at the same price, and the company expects the offer to close Monday, the company said. Codexis ( CDXS...
Scribe Therapeutics Prices Upsized IPO at $15 per Share
Scribe Therapeutics Prices Upsized IPO at $15 per Share
Jul 24, 2026
03:49 AM EDT, 07/24/2026 (MT Newswires) -- Scribe Therapeutics (SCTX) said late Thursday it priced its upsized initial public offering of 8.6 million shares at $15 apiece. The company previously planned to offer about 7.2 million shares between a price range of $13 to $15 per share. Scribe Therapeutics has granted underwriters a 30-day option to purchase up to an...
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