TO: ALL CURRENT HOLDERS OF AVIS BUDGET GROUP, INC. (“AVIS” OR THE “COMPANY”) SHARES OF COMMON STOCK
Globenewswire· 2026-02-27 23:06
SAN DIEGO, Feb. 27, 2026 (GLOBE NEWSWIRE) -- PLEASE READ THIS NOTICE CAREFULLY AND COMPLETELY. YOUR RIGHTS MAY BE AFFECTED. THIS NOTICE RELATES TO A PROPOSED VOLUNTARY DISMISSAL OF A SHAREHOLDER DERIVATIVE ACTION AND CLAIMS ASSERTED ON BEHALF OF AVIS. Pursuant to an order of the United States District Court for the District of New Jersey, the Company’s shareholders are advised that the plaintiffs in two shareholder derivative actions intend to voluntarily dismiss their lawsuits, subject to approval of the ...
Is Intel Stock Going to $100?
Yahoo Finance· 2026-02-27 23:05
Chip giant Intel (NASDAQ: INTC) is coming off a solid 2025, with shares rising an impressive 84% last year. The good part is that the stock managed to clock healthy gains of 22% so far this year, despite a big drop last month following the release of its fourth-quarter 2025 results. Investors decided to book profits after Intel's guidance for the current quarter fell short of expectations. Does this mean it is time to sell this semiconductor stock? Or should investors continue holding it in anticipation t ...
Ascendis wins U.S. approval for therapy for children with dwarfism
Reuters· 2026-02-27 23:04
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Ascendis wins U.S. approval for therapy for children with dwarfism February 27, 202611:04 PM UTCUpdated ago By Reuters Read Next Business Delta orders 34 more Airbus A321neo jets in fleet renewal push February 27, 2026 · 9:43 PM UTCAerospace & Defensecategory · · ago Companies Ascendis Pharma A/S Biomarin Pharmaceutical Inc BridgeBio Pharma Inc Feb 27 (Reuters) - The U.S. Food and Drug Adminis ...
BMO's Brennan Hawkin talks private credit fears spooking the markets
Youtube· 2026-02-27 23:04
Joining us now is Brennan Hawin, Beimo Capital Market, senior equity analyst. So, uh, Brennan, uh, look, the fear is flying around. Um, let's start at the epicenter with the alternative asset managers. Some of them have been just weighed down by a constant spiral of concern about what's in these private credit portfolios, right? Is there value there or should we just sort of assume that other shoes are going to drop? >> Well, I mean, it is they are credit portfolios, right? and and you make a loan, it's not ...
Soybeans Finds Late Strength to Post Gains on Friday
Yahoo Finance· 2026-02-27 23:03
Soybeans posted Friday gains of 6 to 10 cents in the nearby contracts, as May was up 17 ½ cents on the week. November was up 13 ¼ cents on the week. The cmdtyView national average Cash Bean price was up 9 1/4 cents at $10.94. Soymeal futures were steady to $2.10 lower in the front months, as May was $6.70 higher on the week. Soy Oil futures were firm to 9 points higher in the nearbys, with May rallying 255 points this week. The average close for November soybean futures was $11.09 in February, up 55 cen ...
Wheat Leads the Grain Rally on Friday
Yahoo Finance· 2026-02-27 23:03
The wheat complex rallied across all three markets on Friday, to lead the grain complex. Chicago SRW futures posted 15 to 19 ½ cent gains on Friday, with May up 11 ¼ cents. KC HRW futures were 17 to 21 ¼ cents in the green, as May was still down 4 ¾ cents this week. MPLS spring wheat was 8 to 15 3/4 cents higher in most contracts, with May up 12 ¾ cents. Short covering was noted to close out February. Commitments of Traders data from Friday indicated managed money slashing 50,740 contracts from their net ...
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].