NEW YORK (Reuters) - Global stock markets are increasingly concentrated, including a greater weight of U.S. equities and technology stocks, and, while not necessarily unwarranted, could call for some diversification, according to Goldman Sachs strategists. The U.S. equity market has outpaced other major regions since the global financial crisis, taking its share of the global equity market to 50%, Goldman...

12:53 PM EDT, 03/11/2024 (MT Newswires) -- EchoStar ( SATS ) failed to disclose $15 billion in implicitly admitted equity value overstatement in a filing with the US Securities and Exchange Commission, the Buxton Helmsley Group, which holds financial interests in the company, said Monday. The group wrote an open letter to members of the US Senate Committee on Finance...

Shares in New York Community Bancorp ( NYCB/PU ) continued to fall heavily on Monday after a brief pick-up last week following the announcement of a $1 billion capital raise. On Wednesday last week, it was announced that Steven Mnuchin, former Treasury Secretary, along with a number of other outside investors, would invest $1 billion in NYCB, sending shares up...

March 11 (Reuters) - British American Tobacco ( BTI ) said on Monday that it was evaluating a possible disposal of a small part of its shareholding in India's ITC through an on-market block trade. Bloomberg News first reported the news earlier on Monday. ...