Banking: Jefferies shares rise as CEO hails ‘green shoots’ in deal making
Oppenheimer reiterates outperform rating on Jefferies investment bank with the view that capital markets activity has bottomed.
: Gold futures settle at lowest since mid-March
Gold futures declined on Wednesday to mark their lowest finish since mid-March. “Essentially, the only thing moving the gold market…has been Fed rhetoric and actions,”...
: Rite Aid’s stock slides to fresh record low ahead of earnings due Thursday
Rite Aid Corp.’s stock RAD slid another 3.8% Wednesday to a fresh record low, bringing its five-day loss to 23%. The stock has been under...
: Nutritional beverage company Glucose Health pulls planned IPO
Glucose Health Inc., a provider of soluble fiber infused nutritional beverages, pulled its planned initial public offering on Wednesday and said it no longer plans...
Doubt grows over Buy Buy Baby sale process as parent Bed Bath & Beyond splits auction
Failed home goods retailer Bed Bath & Beyond will host two separate auctions for its Buy Buy Baby chain as interest in keeping the banner's...
: Nvidia stock falls back after CFO says no ‘immediate material impact’ from wider China AI chip ban, but warns of ‘permanent loss of opportunities’
Nvidia's stock began sliding Thursday after the chip maker said it sees no near term impact to its business should the Biden administration widen export...
Econofact: The banking crisis has eased but a credit crunch still threatens the U.S. economy
Banks' distress and reluctance to lend would undermine investment and growth.
Outside the Box: Bank failures now happen at warp speed. The Fed needs to do more to stop them.
SVB's collapse shows how the digital economy is prone to swifter and sharper bank runs.
Movers & Shakers: Carnival’s stock keeps cruising, Nvidia and General Mills shares fall, and other stocks on the move
Here are some notable stock moves in Wednesday's session.