Workflow
Cotton Sees Higher Trade on Friday
Yahoo Finance· 2026-02-27 23:03
Cotton futures posted 25 point gains across the nearby contracts on Friday, with May down 2 points on the week. December was up 40 points this week. Crude oil futures were up $2.08 per barrel on the day at $67.29. The US dollar index was down $0.125 at $97.615. Commitment of Traders data from Friday afternoon showed a total of 14,140 contracts trimmed from the spec fund net short position as of Tuesday, taking it to 65,368 contracts. More News from Barchart Export Sales data from Thursday showed 8.75 m ...
Corn Posts Friday Rally to Close February
Yahoo Finance· 2026-02-27 23:03
Corn futures posted gains of 4 to 5 ½ cents across the front months on Friday, as May managed an 8 ¾ cent gain this week. The CmdtyView national averageCash Corn price was up 5 3/4 cents to $4.06 1/4. The spring base Crop Insurance price was set at the close, as the average December corn close for February was $4.62, down 8 cents from last year. USDA reported a private export sale of 257,000 MT of corn sold to unknown destinations this morning. More News from Barchart Commitment of Traders data tallied ...
336-year-old bank explores new digital payments system
Yahoo Finance· 2026-02-27 23:03
The world of high finance is moving toward a future where the ledger never sleeps. Barclays, a pillar of British banking for more than three centuries, is reportedly the latest institution to look for a seat at the digital table. For years, the conversation around blockchain has been dominated by volatile tokens and speculative trading. Now, the focus is shifting to the plumbing of the global economy. Major lenders are realizing that the old ways of moving money are no longer fast enough for a 24/7 mar ...
Stocks Slide as Wholesale Inflation Heats Up | Closing Bell
Youtube· 2026-02-27 23:02
Market Overview - The final trading day of the month saw major indices in the U.S. closing in the red, with the S&P 500 down about 0.4% and the Dow Jones Industrial Average down approximately 1% [7][8]. - The S&P 500 experienced a monthly decline of about 0.9%, while the Nasdaq 100 was down around 2.5% for the month [2][7]. Sector Performance - Information technology and financial sectors were significant drags on the market, with tech down more than 2% and financials also showing weakness [4][10]. - The KBW bank index fell close to 5%, with all 23 members declining, including Goldman Sachs down 7.5% and Morgan Stanley down 6.1% [23]. Notable Company Movements - Dell was the top gainer in the S&P 500, with shares jumping nearly 22% after providing an optimistic outlook for AI server sales, projecting about $50 billion in revenue for the current fiscal year [16][17]. - Paramount's stock rose nearly 21% following a successful deal with Warner Brothers, while Netflix shares increased by about 14% [11][12]. Concerns in the Financial Sector - There are emerging concerns regarding private credit issues, with signs of rising defaults affecting financial firms [23][24]. - Blue Owl faced significant challenges, halting redemptions in one of its funds, leading to a 6% drop in its shares [27][28]. Investor Sentiment and Economic Indicators - A flight to safety was observed, with treasury yields dropping, marking the best month for treasuries in about a year, as the TLT ETF gained 4% [30]. - Investor sentiment has shifted due to concerns over inflation, which has resurfaced as a significant issue [31].
OpenAI fires employee for using confidential info on prediction markets
Yahoo Finance· 2026-02-27 23:00
OpenAI has fired an employee over the employee’s activity on prediction markets, including Polymarket, the company confirmed to Wired. The employee used confidential OpenAI information in connection with the trades made, the company alleges. OpenAI didn’t release the name of the employee. However, a spokesperson said that such actions violated a company policy that bans workers from using inside information for personal gain, including on prediction markets. Prediction markets like Polymarket and Kals ...
TrustBIX Inc. Announces December 31, 2025 First Quarter Financial Results
TMX Newsfile· 2026-02-27 23:00
Edmonton, Alberta--(Newsfile Corp. - February 27, 2026) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") announced today financial results for the first quarter ended December 31, 2025, and the related Management's Discussion and Analysis ("MD&A").For the three months ended December 31, 2025, compared to the same period in 2024, the Company reported results from continuing operations of:Net loss and comprehensive loss of $104,214, improved by $59,265 (36.3%) from $163,479 in Q1 2025;Operating exp ...
PSFE INVESTOR REMINDER: Paysafe Limited Investors Have Until April 7, 2026 To Seek Lead Plaintiff Role
Businesswire· 2026-02-27 23:00
NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Paysafe Limited ("Paysafe†or the "Company†) (NYSE:PSFE) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. [CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION] What Should I Do? Investors have until April 7, 2026 to ask the Court to appoint them as lead plaintiff. Courts do n ...
INVESTOR ALERT: Securities Class Action Filed Against Franklin BSP Realty Trust, Inc. – Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2026-02-27 23:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Franklin BSP Realty Trust, Inc. ("Franklin†or the "Company†) (NYSE:FBRT) securities during the period of November 5, 2024 through February 22, 2026, inclusive ("the Class Period†). If you suffered a loss on your Franklin investments, you have until April 27, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff appli. ...
The Baldwin Group Announces Future Leadership Transition in its Underwriting, Capacity, and Technology Solutions Segment
Businesswire· 2026-02-27 23:00
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group ("Baldwin†or the "Company†) (NASDAQ: BWIN), a leading independent insurance brokerage and advisory firm delivering tailored insurance solutions to a wide range of personal and commercial clients, today announced a long-planned leadership transition within its Underwriting, Capacity, & Technology Solutions ("UCTS†) operating group, effective January 1, 2027. Amy Carlisle will become Chief Executive Officer of UCTS, succeeding Jim Roche, who will assume the ...
GECC Reports Director Election Results
Accessnewswire· 2026-02-27 23:00
VANCOUVER, BC / ACCESS Newswire / February 27, 2026 / Global Education Communities Corp. ("GECC" or the "Company") (TSX:GEC)(OTCQX International:GECSF) reports the director election voting results from its annual general meeting held today. All of the director nominees, as listed in the management information circular dated January 12, 2026, were elected. ...