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19 January
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Canada shares higher at close of trade; S&P/TSX Composite up 0.21% By Investing.com

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Investing.com – Canada equities were higher at the close on Tuesday, as gains in the Clean Technology, Energy and IT sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.21%. The biggest gainers of the session on the S&P/TSX Composite were BlackBerry Ltd (TSX:BB), which rose 13.45% or 1.77 points to trade at 14.97 at the close....

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19 January
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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.11% By Investing.com

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Investing.com – U.K. equities were lower at the close on Tuesday, as losses in the Travel & Leisure, Real Estate Investment Trusts REITs and General Retailers sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 declined 0.11%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Smith & Nephew PLC (LON:SN), which...

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19 January
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Peloton Gets Lone Sell Rating as Post-Covid World Awaits By Investing.com

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By Christiana Sciaudone Investing.com -- Peloton (NASDAQ:PTON)'s high ride was cut short as the stock got downgraded with a post-Covid world in sight. UBS bumped the bike maker to sell from neutral -- the company's only sell rating, according to data compiled by Investing.com -- with a price target of $124 from $115, StreetInsider reported. Shares tumbled about 7%. The stock rose by...

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19 January
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Charles Schwab Earnings, Revenue beat in Q4 By Investing.com

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Charles Schwab (NYSE:SCHW) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Charles Schwab announced earnings per share of $0.74 on revenue of $4.18B. Analysts polled by Investing.com anticipated EPS of $0.6497 on revenue of $4.1B. Charles Schwab shares are up 1% from the beginning of the year and are trading...

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19 January
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Wall Street Reopens Higher as Yellen Rams Home Stimulus Message; Dow up 193 Pts By Investing.com

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By Geoffrey Smith  Investing.com -- U.S. stock markets opened higher on Tuesday after the long weekend, supported by a reminder of the new administration’s commitment to reflating an economy still badly depressed by the Covid-19 pandemic.Tesla Inc (NASDAQ:TSLA) The Senate Finance Committee is set to hold a confirmation hearing for Treasury Secretary designate Janet Yellen, who oversaw the recovery from the U.S. economy’s last...

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19 January
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New UK business minister promises to “get ball rolling” on audit reform By Reuters

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By Huw Jones LONDON (Reuters) - Britain's new business minister promised on Tuesday to "get the ball rolling" on long delayed changes to rules for auditing financial accounts, but stopped short of committing to legislating soon. More than a year after findings were published from the last of three separate reviews into auditing that were prompted by a string of corporate failures,...

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19 January
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MGM Resorts pulls out of deal for UK bookmaker Entain By Investing.com

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By Samuel Indyk MGM Resorts International (NYSE:MGM) confirmed on Tuesday it does not intend to make a revised proposal and will not make a firm offer for Entain (LON:ENT), after the UK sports betting and gaming group previously rejected its proposal. Entain, a component of the FTSE 100, has a portfolio of big-name brands in the sports betting and gaming world, including Ladbrokes,...

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19 January
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End of an era? London Metal Exchange proposes closure of open-outcry trade By Reuters

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By Pratima Desai LONDON (Reuters) - The London Metal Exchange has proposed closing Europe's last open-outcry trading floor and moving permanently to an electronic system, cementing a change sparked by the coronavirus pandemic. The LME floor closed in March 2020 for the first time since World War II to allow the social-distancing needed to deal with COVID-19, silencing its red ring of...

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19 January
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Cruise, GM partner with Microsoft to commercialize self-driving vehicles By Reuters

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(Reuters) - Self-driving car maker Cruise and majority shareholder General Motors Co (NYSE:GM) said on Tuesday they would partner with Microsoft Corp (NASDAQ:MSFT) to commercialize driverless autonomous vehicles. Microsoft will join General Motors, Honda Motor Co and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of Cruise to $30...

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