Worry About Stagflation, a Flashback to ’70s, Begins to Grow
Stagflation.
Stagflation.
The nation’s largest utility is pledging to take as many carbon emissions out of the atmosphere as it emits by 2040.
European Union lawmakers have approved a proposed ban on selling new cars with combustion engines in 2035 to step up the fight against global warming.
Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday vote on whether to accept one of those buyout offers after a flurry of counter proposals from JetBlue and Frontier Airlines.
BANGKOK — Shares were mostly higher in Asia on Wednesday after U.S. stocks rallied on heavy buying of technology companies. Advancing Chinese technology shares also pushed Hong Kong sharply higher.
Investors are once again working up the fortitude to bet against GameStop and AMC roughly 18 months after last January’s infamous “meme stock” short squeeze sent GameStop shares surging more than 1,000%.
Shares of Walmart Inc. WMT, -1.20% shed 3.7% in premarket trading, enough to pace the Dow Jones Industrial Average’s decliners, in the wake of Target Corp.’s TGT, -2.31% margin warning.
Shares in Itaconix PLC fell Wednesday after it reported a widened Ebitda loss and lower revenue for 2021.
Amicus Therapeutics, Inc. (NASDAQ:FOLD – Get Rating) CEO John F. Crowley sold 11,346 shares of the company’s stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $8.00, for a total value of $90,768.00. Following the completion of the sale, the chief executive officer now owns 932,807 shares of the company’s stock, valued at approximately $7,462,456. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Softcat plc (LON:SCT – Get Rating) insider Graham Charlton acquired 10 shares of the stock in a transaction that occurred on Tuesday, June 7th. The shares were bought at an average price of GBX 1,385 ($17.36) per share, with a total value of £138.50 ($173.56).