Tag: stock market project example

Three takeaways from a busy week in markets: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe

Saturday, February 11, 2023

Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App.

Corporate earnings season is coming down the other side of the mountain after a hectic couple weeks.

But even in the absence of a Fed meeting, or jobs report, or earrings reports from

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Boeing plans to cut about 2,000 finance and HR jobs in 2023

SEATTLE (AP) — Boeing plans to make staffing cuts in the aerospace company’s finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said.

“We expect about 2,000 reductions primarily in Finance and HR through a combination of attrition and layoffs,” Boeing said in a statement Monday. “While no one has been notified of job loss, we will continue to share information transparently to allow people to plan.”

The company, which recently relocated its headquarters to Arlington, Virginia, said it expects to “significantly grow” the overall workforce over the year. “We grew Boeing’s workforce

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Exclusive-JPMorgan looking to finance Italy’s Serie A for up to 1 billion euros -sources

By Elvira Pollina

MILAN (Reuters) – JPMorgan Chase & Co has written to Italy’s top soccer league to express a preliminary interest in supporting the development of Serie A’s media business, three people close to the matter said.

Interest from the US bank rivals that of several investment funds which have approached Serie A as the league prepares to hold a tender to sell its domestic and international broadcasting licenses for the seasons after 2024.

The sources said the 20 clubs that made up Serie A were informed of the interest by the US bank at a closed-door meeting of

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Purchase Order Financing Helps Small Businesses

Small businesses have traditionally struggled to access the same trade finance as their larger peers.

In an interview with PYMNTS, Sandra Nolasco, CEO at Madrid-based trade finance platform Twinco Capital, said that the problem boils down to the way traditional lenders assess creditworthiness.

According to Nolasco, standard lending models in the space limit growth because “your credit is capped by … by your balance sheet.”

“That means that even if you’re a good supplier and [the buyer] wants to triple the order, for example, they can’t because you don’t have enough money to buy the raw materials,” Nolasco pointed out.

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Fortuna Finance Introduces Groundbreaking Home Sale Assurance Program

Fortuna Finance Introduces Groundbreaking Home Sale Assurance Program

Fortuna Finance Introduces Groundbreaking Home Sale Assurance Program

PR Newswire

CHICAGO, Jan. 24, 2023

Newly launched company enables real estate agents and lenders to deliver peace of
mind when transitioning between homes.

CHICAGO, Jan. 24, 2023 /PRNewswire/ — Fortuna Finance announced the launch of its business to help real estate agents and mortgage lenders provide homebuyers with peace of mind transitioning from one home to another.

Fortuna’s Home Sales Assurance (HSA) program a guaranteed purchase offer on a client’s current property, allowing the client to make a non-contingent offer on their new

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Japan Finance Minister Warns of Severe Finances as BOJ Struggles to Contain Yields

TOKYO (Reuters) – Japan’s finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday, just as markets test whether the central bank can keep interest rates ultra-low, allowing the government to service its debt.

Japan’s public debt is more than double its annual economic output, by far the heaviest burden in the industrialized world.

The government has been helped by near-zero bond yields, but bond investors have recently sought to break the Bank of Japan’s (BOJ) 0.5% cap on the 10-year bond yield, as inflation runs at 41-year highs, double the central the bank’s 2% target.

“Japan’s public

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The US debt ceiling fight is a potential ‘financial catastrophe’

Expect financial market and economic chaos to ensue if US lawmakers don’t find a resolution on the debt ceiling this time around.

“If there was even a temporary default on the US debt, it would really be a financial catastrophe,” NYU professor and economist Nouriel Roubini told Yahoo Finance Live at the World Economic Forum (video above). “So if you default on the debt, domestic and foreign investors in the private sector are not going to buy your bonds, and you’ll have a spike in interest rates.”

Lawmakers took one step toward that scenario on Thursday.

The federal government officially

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Is The Bank of New York Mellon (BK) Outperforming Other Finance Stocks This Year?

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is The Bank of New York Mellon Corporation (BK) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

The Bank of New York Mellon Corporation is a member of the Finance sector. This group includes 871 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank includes 16 different groups and is

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