Asian markets follow Wall Street lower on inflation worries
Shares fall in Tokyo, Hong Kong, Seoul
Shares fall in Tokyo, Hong Kong, Seoul
The S&P 500’s “FANG-era” is ending, with the waning influence of Big Tech stocks rippling through the exchange-traded fund industry, according to Strategas.
MorphoSys (NASDAQ:MOR – Get Rating) had its price objective lowered by analysts at Citigroup from €16.00 ($17.02) to €12.00 ($12.77) in a report issued on Thursday, The Fly reports. The brokerage currently has a “sell” rating on the stock.
Solid Power, Inc. (NASDAQ:SLDP – Get Rating) was the target of unusually large options trading on Thursday. Traders acquired 7,517 call options on the stock. This represents an increase of 1,343% compared to the average daily volume of 521 call options.
TransAlta Co. (TSE:TA – Get Rating) (NYSE:TAC) Director John Harry Kousinioris sold 112,273 shares of the firm’s stock in a transaction dated Tuesday, December 20th. The stock was sold at an average price of C$11.98, for a total transaction of C$1,345,030.54. Following the sale, the director now directly owns 281,266 shares in the company, valued at C$3,369,566.68.
Apple Inc. (NASDAQ:AAPL – Get Rating) announced a quarterly dividend on Tuesday, December 20th, Zacks reports. Shareholders of record on Wednesday, December 28th will be paid a dividend of 0.167 per share by the iPhone maker on Monday, January 9th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Tuesday, December 27th.
Japan has adopted a plan to extend the lifespan of nuclear reactors, replace the old and even build new ones
SEOUL – South Korea and the United States are considering staging their first large-scale joint live-fire demonstration in six years in 2023 amid North Korea’s growing military threats, Seoul’s defence ministry said on Thursday.
More than nine years after Croatia became the European Union’s newest member, the country is on a roll to make the most of its status as the EU member in the Balkans
SEOUL – North Korea’s foreign ministry denied a media report it supplied munitions to Russia, calling it “groundless,” and denounced the United States for providing lethal weapons to Ukraine, the North’s official KCNA news agency reported on Friday.