Author: Press Room

The Anheuser-Busch InBev S.A. ADR BUD inched 0.14% higher to $65.52 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.09% to 4,133.52 and the Dow Jones Industrial Average DJIA rising 0.07% to 33,808.96. Anheuser-Busch InBev S.A. ADR closed $1.57 short of its 52-week high ($67.09), which the company achieved on March 31st. The… Read the full article here

Shares of AT&T Inc. were on track for their worst day since 2000 Thursday after the company fell short of free-cash flow expectations but reiterated its full-year target on the closely watched metric. Free-cash flow for the first quarter came in at $1 billion, whereas analysts were modeling $3.2 billion. AT&T T said previously that the first quarter tends to be seasonally slow on the metric due to the timing of device payments, incentive compensation and other factors, and executives reiterated many of those points Thursday…. Read the full article here

President Joe Biden on Friday signed an executive order to create a White House Office of Environmental Justice, his response to a growing library of data that shows people of color are at much greater risk to the negative health and economic impacts from a warming Earth and concentrated pollution. And Biden, who is seen as likely to run for another presidential term in 2024 although he has yet to officially state his intentions, used Friday’s event to argue that a Republican push for cutting back climate-minded spending… Read the full article here

© Reuters Ally Financial shares rebound after a 2% drop due to Q1 EPS miss By Davit Kirakosyan Ally Financial (NYSE:) shares dropped more than 2% in the morning after the company reported its Q1 results, but recovered during the day and are currently trading nearly 3% higher. was $0.82, worse than the consensus estimate of $0.86. Revenue came in at $2.1 billion, compared to the consensus estimate of $2.07B. Net financing revenue totaled $1.6B, representing a year-over-year decrease of $91 million. This decline was primarily attributable to elevated funding costs resulting from the rapid increase of short-term rates. However,…

By Ambar Warrick Investing.com — Oil prices moved in a tight range on Friday after falling sharply this week as soft economic readings and fears of rising interest rates pushed up uncertainty over a recovery in demand this year. Crude prices were set to close the week down over 6%, snapping four straight positive weeks. Recent losses also saw oil prices largely reverse strong gains made on the back of an unexpected supply cut by the Organization of Petroleum Exporting Countries earlier in April. Signs of overheated inflation in and the dialed up expectations that the and the will continue…

By Jesús Aguado MADRID (Reuters) -Spanish lenders may feel the impact from rising global risks, such as the higher cost of funding and liquidity stress, though their cash positions remained stable in March, Bank of Spain officials said on Wednesday. In its semi-annual financial stability report, the central bank warned global uncertainty could lead to a higher cost of equity in the sector in the coming quarters, while macro-economic risks could have a negative impact on banks’ profitability and solvency. “This may put under negative pressure the favourable financial situation with which (Spanish lenders) started 2023,” it said. The Bank…

IAEA team at Zaporizhzhia nuclear power plant reports detonations near areaThe head of the International Atomic Energy Agency reiterated calls for relevant parties to establish a security perimeter around Ukraine’s embattled Zaporizhzhia nuclear power plant.”I saw clear indications of military preparations in the area when I visited the Zaporizhzhia nuclear power plant just over three weeks ago,” IAEA director general Rafael Grossi said in a statement.”Since then, our experts at the site have frequently reported about hearing detonations, at times suggesting intense shelling not far from the site. I’m deeply concerned about the situation at the plant,” he added.Russian forces seized Zaporizhzhia…

Melissa Henry already had a lot on her plate before a Norfolk Southern train derailed in East Palestine about a mile away from her home on February 3, spilling toxic chemicals into the air. She was going through a divorce and getting her home ready to put on the market. All she had left to do was photograph the home before it was to be listed. But the process of selling her home since then has been “a nightmare,” she told CNN. “If the train wouldn’t have derailed, we would have sold within a couple of days,” Henry said. “But…

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Friday April 21st, 2023 – Sizzling meme Coin Love Hate Inu has secured $5 million through its $LHINU token presale, catching the attention of investors worldwide.Contributors to the blockchain-powered vote-to-earn project are bowled over by the genius and simplicity of the Love Hate Inu business model. Far from being another vacuous meme coin, Love Hate Inu has hit upon a viral formula that everyone can understand: vote on the people and things you love or hate.FOMO is taking off. On presale now for $0.000115, $LHINU is fast approaching its Stage 6 price of $0.000125, 8% above the current price.The launch price of…