A feared Iranian attack on Israel a top threats to stocks in a busy week
Geopolitics threatened to deal a fresh blow to investor confidence on Monday just as stocks appeared to be shaking off the most chaotic stretch of the year. Source link...
MARKET
Banking stocks for those who worry about a banking crisis
10 banks with low commercial real-estate exposure relative to their total equity Source link...
Oil prices lifted by Middle East tensions, overshadowing OPEC demand-growth revisions
Crude futures saw strong gains Monday, lifted by jitters over the potential for a direct confrontation between Iran and Israel. Source link...
Psychedelic drug contender stocks drop after FDA rejects MDMA treatment
Shares of companies developing treatments based on psilocybin and other psychedelic drugs moved lower on Monday after the U.S. Food and Drug Administration rejected use of MDMA for post-traumatic stress disorder. Source link...
As LL Flooring goes bankrupt, here are the 94 stores holding closing sales
LL Flooring, formerly known as Lumber Liquidators, has filed for bankruptcy, which it plans to use to pursue a “going concern” sale of its business. Source link...
Pfizer reports positive results in study of vaccine for immunocompromised adults at risk of severe RSV-related illness
Pfizer plans to share the findings at a scientific conference and publish them in a peer-reviewed scientific journal. The company will also submit the data to regulatory agencies for review. Source link...
KeyCorp.’s stock jumps 19% as Bank of Nova Scotia to invest $2.8 billion in regional lender
Canada’s Bank of Nova Scotia said the deal will grow its presence in the U.S. Source link...
Ascendis Pharma’s stock surges after FDA approval for first and only treatment for rare disease
The stock of Ascendis Pharma A/S jumped 11% early Monday, after the biotech said the U.S. Food and Drug Administration has approved its Yorvipath as the first and only treatment for a rare endocrine disease. Source link...
B. Riley Financial’s stock drops 30% after it suspends dividend and projects a loss
Most of B. Riley’s losses are related to the performance of its investment in Franchise Group Inc. — whose retail brands include Vitamin Shoppe, Pet Supplies Plus and furniture seller American Freight — and its Vintage Capital loan receivable. Source...
Leveraged funds roll back bets against yen by widest margin in years as carry trade unwinds
A group of trend-following investors active in futures markets has pared its bets against the Japanese yen by the widest margin in years, according to the latest data from the Commodity Futures Trading Commission. Source link...
