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Reuters - 19 uur geleden

Hedge funds' bets on software companies hit record lows, Morgan Stanley says

HEDGE FLOW-Hedge funds' bets on software companies hit record lows, Morgan Stanley says By Carolina Mandl NEW YORK, July 15 (Reuters) - Global hedge funds' exposure to software stocks in the U.S. reached "new multi-year lows" last week after a broader sell-off in the technology sector, Morgan Stanley said in a note. "Software was the most net-sold, which continues the streak of net selling in the space since late-April and brings exposures to new multi-year lows," the bank said.
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Reuters - 22 uur geleden

Salesforce Cuts About 300 Jobs- Bloomberg News

BRIEF-Salesforce Cuts About 300 Jobs- Bloomberg News July 15 (Reuters) - SALESFORCE CUTS ABOUT 300 JOBS- BLOOMBERG NEWS Source text: https://tinyurl.com/e4cxuruv Further company coverage: CRM.N
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Reuters - 4 dagen geleden

Smaller tech grapples with end of Big Tech put

BREAKINGVIEWS-Smaller tech grapples with end of Big Tech put The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 12 (Reuters Breakingviews) - A jilted HubSpot HUBS.N will break many hearts. It apparently will not be acquired by Alphabet GOOGL.O , after all. Like many of its peers, the $25 billion software developer has been trading at a premium valuation, at least partly in anticipation of a larger rival scooping it up.
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Reuters - 5 dagen geleden

Amazon dresses up its drab fashion with Saks stake

RPT-BREAKINGVIEWS-Amazon dresses up its drab fashion with Saks stake The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, July 10 (Reuters Breakingviews) - Amazon.com AMZN.O boss Andy Jassy is sharply pairing a tailored blazer with cheap cargo pants. The e-commerce goliath agreed to back Saks Fifth Avenue’s deal to buy rival swanky department store operator Neiman Marcus at the same time it’s considering a competitor to bargain cloth
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Reuters - 6 dagen geleden

Amazon dresses up its drab fashion with Saks stake

BREAKINGVIEWS-Amazon dresses up its drab fashion with Saks stake The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, July 10 (Reuters Breakingviews) - Amazon.com AMZN.O boss Andy Jassy is sharply pairing a tailored blazer with cheap cargo pants. The e-commerce goliath agreed to back Saks Fifth Avenue’s deal to buy rival swanky department store operator Neiman Marcus at the same time it’s considering a competitor to bargain clothing
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Reuters - 1 week geleden

Nasdaq, S&P 500 power on as Nvidia surge lifts tech stocks

US STOCKS-Nasdaq, S&P 500 power on as Nvidia surge lifts tech stocks For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Bank stocks rise as Powell speaks S&P 500 notches 35th record closing high this year Indexes: Dow down 0.08%, S&P up 0.20%, Nasdaq up 0.23% Updated at 12:05 p.m. ET/1605 GMT By Lisa Pauline Mattackal and Ankika Biswas July 9 (Reuters) - The S&P 500 and the Nasdaq hovered at record highs on Tuesday, propelled by gains in N
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Reuters - 1 week geleden

Chip stocks, megacaps steer S&P 500, Nasdaq to record highs

US STOCKS-Chip stocks, megacaps steer S&P 500, Nasdaq to record highs For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. S&P 500 notches 35th record closing high this year Lilly up after data shows Mounjaro more efficient than Wegovy Indexes: Dow down 0.38%, S&P up 0.21%, Nasdaq up 0.47% Updated at 10:05 a.m.
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Reuters - 1 week geleden

Chips lift Nasdaq to record high; inflation numbers, earnings in focus

US STOCKS-Chips lift Nasdaq to record high; inflation numbers, earnings in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Boeing rises after plea deal in 737 MAX probe Paramount Global slips after Skydance merger deal Powell Congressional testimony on Tuesday and Wednesday Indexes: Dow down 0.21%, S&P down 0.05%, Nasdaq up 0.16% Updated at 12:16 p.m.
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Reuters - 2 weken geleden

Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal

UPDATE 2-Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal Recasts paragraph 1 and adds background on companies and deal in paragraphs 4, 6, 8, 10-12 July 4 (Reuters) - Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal, the companies said on Thursday, giving them stronger negotiating power with vendors and greater ability to control costs.
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Reuters - 2 weken geleden

HBC, Parent Of Saks Fifth Avenue, To Acquire Neiman Marcus Group For $2.65 Billion And Establish Saks Global

BRIEF-HBC, Parent Of Saks Fifth Avenue, To Acquire Neiman Marcus Group For $2.65 Billion And Establish Saks Global July 4 (Reuters) - HBC: HBC, PARENT OF SAKS FIFTH AVENUE, TO ACQUIRE NEIMAN MARCUS GROUP FOR $2.65 BILLION AND ESTABLISH SAKS GLOBAL, A TECHNOLOGY-POWERED LUXURY RETAIL COMPANY HBC: UPON TRANSACTION CLOSE, HBC WILL ESTABLISH SAKS GLOBA
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Reuters - 2 weken geleden

Saks owner to buy Neiman Marcus, source says

UPDATE 4-Saks owner to buy Neiman Marcus, source says Changes sourcing and adds analyst comments By Ananya Mariam Rajesh and Greg Roumeliotis July 3 (Reuters) - The parent of Saks Fifth Avenue agreed to buy rival Neiman Marcus, a person familiar with the matter told Reuters on Wednesday, a move that is expected to give the struggling luxury retailers more power to negotiate with vendors.
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Reuters - 2 weken geleden

Salesforce signals CEO pay is easy come, easy go

BREAKINGVIEWS-Salesforce signals CEO pay is easy come, easy go The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 2 (Reuters Breakingviews) - Sometimes shareholders are asleep at the switch. Other times, they’re quick to pull the trigger. With $246 billion Salesforce CRM.N and its leader Marc Benioff, they seem to be getting antsy.
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Reuters - 2 weken geleden

Battles over CEO pay across the globe

FACTBOX-Battles over CEO pay across the globe Recasts paragraphs 1 & 2 to add Salesforce shareholders rejecting CEO compensation plan; adds Tesla shareholders' approval of CEO Elon Musk's pay package July 2 (Reuters) - A majority of Salesforce CRM.N shareholders voted against a compensation plan for CEO Marc Benioff and other top executives, according to a security filing on Monday.
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Reuters - 2 weken geleden

Salesforce shareholders reject compensation plan for CEO, other top executives

UPDATE 1-Salesforce shareholders reject compensation plan for CEO, other top executives Adds background and details from paragraph 2 onwards July 1 (Reuters) - A majority of Salesforce CRM.N shareholders voted against a compensation plan for its CEO Marc Benioff and other top executives, according to a security filing on Monday. T he resolution to approve the compensation received 339.3 million votes in favor versus 404.8 million against, the filing said.
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Reuters - 2 weken geleden

Salesforce shareholders reject compensation plan for CEO, other top executives

Salesforce shareholders reject compensation plan for CEO, other top executives July 1 (Reuters) - A majority of Salesforce CRM.N shareholders voted against a compensation plan for its CEO Marc Benioff and other top executives, according to a security filing on Monday. Reporting by Harshita Mary Varghese; Editing by Alan Barona
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Reuters - 2 weken geleden

Amazon sidesteps carbon offset standard Bezos helped fund

CORRECTED-FOCUS-Amazon sidesteps carbon offset standard Bezos helped fund Corrects 9th paragraph to show that the companies' plans involved Abacus-certified or equivalent types of credits, not only Abacus-certified credits By Virginia Furness July 1 (Reuters) - Amazon AMZN.O has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S.
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Reuters - 2 weken geleden

Amazon sidesteps carbon offset standard Bezos helped fund

FOCUS-Amazon sidesteps carbon offset standard Bezos helped fund Adds scientific analysis, further detail on agroforestry focus By Virginia Furness July 1 (Reuters) - Amazon AMZN.O has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S. technology conglomerate's founder and executive chair, Jeff Bezos.
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Reuters - 2 weken geleden

European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with EU charges against Meta July 1 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Meta META.O and Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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Reuters - 2 weken geleden

Amazon sidesteps carbon offset standard Bezos helped fund

FOCUS-Amazon sidesteps carbon offset standard Bezos helped fund By Virginia Furness July 1 (Reuters) - Amazon AMZN.O has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S. technology conglomerate's founder and executive chair, Jeff Bezos. Amazon is backing the development of a new standard that could allow the online retailer and cloud-computing provider to overcome a dearth of supply for quality-label
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Reuters - 2 weken geleden

European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with FT report on possible EU charges to Meta July 1 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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