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財經新聞

Pure Storage slides on first "sell" in 2 years as UBS turns bearish

BUZZ-Pure Storage slides on first "sell" in 2 years as UBS turns bearish ** Shares of Pure Storage PSTG.N drop 5.2% to $62.12, about a 1-mth low, on Tues after UBS downgraded to "sell" from "neutral", saying data storage firm's valuation not justified given increased competition ** Stock on course for biggest one-day pct drop since Nov 30 ** This is PSTG's first "sell"-rating in at least 2 years, per LSEG data ** UBS estimates rev growth of ~8% over next 5 years vs 16% growth the prior 5 years a
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Results, upgrades and regulator decisions keep markets busy

LIVE MARKETS-Results, upgrades and regulator decisions keep markets busy Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com . RESULTS, UPGRADES AND REGULATOR DECISIONS KEEP MARKETS BUSY It's been a busy first hour or so of trading in Europe, as investors tried to keep up with a string of large cap moves including retail giant H&M taking a kicking on weak results, drug maker GSK being hurt
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Oil prices rise on US crude draw; jobs data feeds rate cut hopes

REFILE-CORRECTED-UPDATE 8-Oil prices rise on US crude draw; jobs data feeds rate cut hopes Corrects crude inventory data in paragraph 5 to 2.5 million barrels, not 5.9 million and expectations to 2.2 million, not 1.9 million. Corrects stocks in paragraph 6 to rise of 307,000 barrels, not fall of 1.3 million barrels. Middle East conflict remains in focus EIA reports draw on U.S.
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Oil prices rise on US crude draw; jobs data feeds rate cut hopes

CORRECTED-UPDATE 8-Oil prices rise on US crude draw; jobs data feeds rate cut hopes Corrects crude inventory data in paragraph 5 to 2.5 million barrels, not 5.9 million and expectations to 1.9 million, not 2.2 million. Corrects stocks in paragraph 6 to rise of 307,000 barrels, not fall of 1.3 million barrels. Middle East conflict remains in focus EIA reports draw on U.S.
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Toyota's chairman sees shareholder backing slide to 72% amid governance concerns

UPDATE 3-Toyota's chairman sees shareholder backing slide to 72% amid governance concerns Adds Toyota share performance in last paragraph By Daniel Leussink TOKYO, June 19 (Reuters) - Shareholder backing for Toyota 7203.T Chairman Akio Toyoda slid for a second straight year, results from its annual general meeting showed on Wednesday, with his support rate dropping to 72% amid certification scandals and governance concerns.
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