By Bill AlpertIn a June quarter when investors sought to cash out of about 15% of the shares of big nontraded credit funds, Blue Owl Capital saw more redemption requests than its peers.Investors tendered 19% of all shares for redemption at the $36 billion Blue Owl Credit Income fund, and 38% of the…
By Paul VieiraOTTAWA--Canada agreed on Thursday to maintain a ban on oil-tanker traffic off the northern Pacific Coast, which is likely to force the province of Alberta to seek a different route for its proposed new crude-carrying pipeline.Canadian Prime Minister Mark Carney and Alberta Premier Dan…
By Kirk MaltaisHIGHLIGHTSTurning Down the Temperature: The withering heat hitting U.S. crop-growing areas is expected to subside within the next 36 to 48 hours, Futures International's Gary Sandlund said in a note. "The U.S. weather and oppressive heat will be gone...returning to normal and even sl…
By Shirl PenneyIndependence is never just about business — it's deeply personal. For advisors who make the leap to independence, it represents the chance to finally align their daily work with their values: To serve clients without the constraints of corporate quotas, product mandates, or bureaucra…
1505 ET - Treasury yields recover ground lost after disappointing labor data and end the week higher. The BLS puts June job creation at 57,000, about half as many as expected. The surprise reduces odds of Fed interest rate increases priced into fed fund futures, although at least one hike this year…
1505 ET - Treasury yields recover ground lost after disappointing labor data and end the week higher. The BLS puts June job creation at 57,000, about half as many as expected. The surprise reduces odds of Fed interest rate increases priced into fed fund futures, although at least one hike this year…
Treasury yields recover ground lost after disappointing labor data and end the week higher. The BLS puts June job creation at 57,000, about half as many as expected. The surprise reduces odds of Fed interest rate increases priced into fed fund futures, although at least one hike this year remains t…
By Jacob SonenshineTechnology stocks have entered a phase of heightened volatility that could drag down broader stock indexes. Investing in materials is one way to buffer the risk.The tech-heavy Nasdaq Composite Index gained 1.4% this week after dropping 4.6% the week prior. The Cboe Volatility Ind…
Despite the pullback in BCE shares, long-term fundamentals and the dividend are still intact says TD Cowen's Vince Valentini, upgrading shares to buy from hold. He thinks the 13% decline since early June was "driven largely by headline risk around potential SpaceX/Starlink disruption," which could…
By Veronica DagherBehind the striking drop in the labor-force participation rate is a longer-term falloff in employment among older Americans. The 55-and-older cohort saw its participation rate plummet to a 21-year low of 37.1% in the latest jobs report.More people are retiring, likely as the resul…
By Kit NortonRobinhood Markets has been added to Mizuho Securities' "top picks" for July, while Micron Technology is the firm's top stock among the highflying chip names.Robinhood stock gained 3.4% to $112.30 on Thursday, on the back of rising Bitcoin prices.Micron shares fell 6.6% to $964.69 on Th…
By Mackenzie TatananniIQM Quantum Computers made history Thursday as the first European quantum computing company to list on a major U.S. stock exchange.The company's American depositary receipts have begun trading on the Nasdaq Global Select Market under the ticker symbol "IQMX." The debut follows…
(18:37 GMT) Revolution Medicines Price Target Raised to $181.00/Share From $165.00 by Wedbush
(18:34 GMT) Tesla Price Target Raised to $420.00/Share From $400.00 by Freedom Broker
By Paul R. La MonicaMerger mania is back, with record deal value globally in the first half of the year. Companies announced $2.6 trillion worth of transactions, according to Dow Jones Market Data and FactSet, up 58% from a year earlier. But the number of acquisitions was roughly the same as this t…
By Paul VieiraOTTAWA — Canada will provide billions of dollars to help upgrade infrastructure and clear congestion at the country's biggest port in Vancouver, British Columbia, Prime Minister Mark Carney said Thursday.The money is meant to address warnings that constraints at Canada's ports posed a…
All dates are in local time Friday, July 3, 2026 Exp Prev Local/GMT/ET 1500/1800/1400 BRA Jun Trade Sunday, July 5, 2026 Exp Prev Local/GMT/ET N/A VEN Venezuela…
(18:29 GMT) General Mills Price Target Cut to $42.00/Share From $70.00 by Freedom Broker
CME Group Price Target Maintained With a $320.00/Share by Raymond James
The U.S. decision not to renew the USMCA adds a degree of uncertainty as the three partners enter a phase of annual reviews, but hasn't changed things for manufacturers already in Mexico, says Jorge Gonzalez Henrichsen, co-CEO of The Nearshore Company. "Clients are like, I can't control that variab…
