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Wall Street Journal - Sept 19

PRESS DIGEST -Wall Street Journal - Sept 19 Sept 19 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Boeing BA.N is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-rating cut in the midst of a strike by its largest union.
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GameStop CEO Cohen to pay $1 million fine over Wells Fargo stock buy

UPDATE 1-GameStop CEO Cohen to pay $1 million fine over Wells Fargo stock buy Adds detail about settlement, attempt to seek comment WASHINGTON, Sept 18 (Reuters) - GameStop CEO Ryan Cohen agreed to pay a nearly $1 million penalty to settle the U.S. Federal Trade Commission's claim that he failed to report acquisition of more than $100 million worth of Wells Fargo & Co voting shares, the agency said on Wednesday.
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FTC says Gamestop CEO Cohen to pay nearly $1 million penalty

FTC says Gamestop CEO Cohen to pay nearly $1 million penalty WASHINGTON, Sept 18 (Reuters) - The U.S. Federal Trade Commission said on Wednesday that Ryan Cohen, managing partner of RC Ventures LLC and Gamestop CEO, would pay a nearly $1 million penalty to settle an antitrust law violation related to his acquisition of Wells Fargo & Co shares. Repo
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US SEC votes to allow half-penny stock pricing

UPDATE 2-US SEC votes to allow half-penny stock pricing Adds industry reaction in paragraphs 10-13 By Douglas Gillison Sept 18 (Reuters) - Wall Street's top regulator on Wednesday unanimously voted to allow stock exchanges to price many shares in increments of half a penny, rather than the current minimum size of 1 cent, aiming to promote more competitive pricing and reduce investor costs on the $55 trillion U.S.
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US SEC poised to allow half-penny stock pricing

US SEC poised to allow half-penny stock pricing By Douglas Gillison Sept 18 (Reuters) - Wall Street's top regulator on Wednesday unveiled rules allowing stock markets to price shares in increments of half a penny, rather than the current minimum size of 1 cent, aiming to promote more competitive pricing and reduce investor costs. The five-member U.S.
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US SEC to allow exchanges to quote sub-penny prices in bid to boost competition

US SEC to allow exchanges to quote sub-penny prices in bid to boost competition By Douglas Gillison Sept 18 (Reuters) - Wall Street's top regulator on Wednesday is set to adopt new rules for pricing stocks at less than a penny, part of a larger package of proposed reforms that could constitute the biggest overhaul of U.S. equity markets in nearly 20 years if completed .
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Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut

US STOCKS-Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut August Core CPI up 0.3% vs economist estimates for 0.2% Nvidia rises 8% for biggest market boost Trump Media & Technology shares slump, Solar stocks rally Indexes up: Dow 0.31%, S&P 500 1.07%, Nasdaq 2.17% Updates with final closing prices, volume data By Sinéad Carew and Shashwat Chauhan Sept 11 (Reuters) - All three major U.S.
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S&P 500 closes up on tech boost; inflation data dents hopes for big Fed rate cut

US STOCKS-S&P 500 closes up on tech boost; inflation data dents hopes for big Fed rate cut Updated with preliminary prices after U.S. market close By Sinéad Carew and Shashwat Chauhan Sept 11 (Reuters) - The S&P 500 index closed higher on Wednesday with a boost from the technology sector offsetting investor disappointment at the early morning inflation report, which crushed hopes the Federal Reserve would cut interest rates by 50 basis points next week.
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S&P 500 rises with tech boost while inflation data dents bigger rate-cut hopes

US STOCKS-S&P 500 rises with tech boost while inflation data dents bigger rate-cut hopes August Core CPI up 0.3% vs economist estimates for 0.2% rise Trump Media & Technology shares slide, Solar stocks rally Indexes up: Dow 0.02%, S&P 500 0.58%, Nasdaq 1.55% Updated prices at 2:40 p.m ET/ 1840 GMT By Sinéad Carew and Shashwat Chauhan Sept 11 (Reuters) - T he S&P 500 index regained ground on Wednesday with a boost from the technology sector offsetting investor disappointment at the early morning
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U.S. STOCKS AES Corp, Applied DNA Sciences, health insurers

BUZZ-U.S. STOCKS ON THE MOVE-AES Corp, Applied DNA Sciences, health insurers Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell on Wednesday after latest inflation numbers hit expectations of a bigger interest rate cut by the Federal Reserve, while odds of Democrat Kamala Harris winning the U.S.
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Wall St falls after inflation data dents bigger rate-cut hopes

US STOCKS-Wall St falls after inflation data dents bigger rate-cut hopes For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window August YoY CPI at 2.5% vs 2.6% estimate Trump Media & Technology shares slide Indexes down: Dow 1.39%, S&P 500 1.17%, Nasdaq 0.73% Updated at 11:30 a.m. ET/1530 GMT By Shashwat Chauhan and Lisa Pauline Mattackal Sept 11 (Reuters) - Wall Street's main indexes fell on Wednesday after latest inflation numbers hit expectat
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U.S. STOCKS Centrus Energy, Williams-Sonoma, uranium miners

BUZZ-U.S. STOCKS ON THE MOVE-Centrus Energy, Williams-Sonoma, uranium miners Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell on Wednesday after latest inflation numbers hit expectations of a bigger interest rate cut by the Federal Reserve, while odds of Democrat Kamala Harris winning the U.S.
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Wall Street lower after latest inflation data, Harris-Trump debate

US STOCKS-Wall Street lower after latest inflation data, Harris-Trump debate For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window August YoY CPI at 2.5% vs 2.6% estimate Trump Media & Technology shares slide Indexes down: Dow 1.15%, S&P 500 0.63%, Nasdaq 0.02% Updated at 9:49 a.m. ET By Shashwat Chauhan and Lisa Pauline Mattackal Sept 11 (Reuters) - Wall Street's main indexes fell on Wednesday after latest inflation numbers hit expectations o
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Meme stock GameStop slumps as revenue drop fans turnaround doubts

UPDATE 1-Meme stock GameStop slumps as revenue drop fans turnaround doubts Updates shares in paragraphs 1 and 2 Sept 11 (Reuters) - Shares of GameStop GME.N , a widely watched meme stock, tumbled 15% on Wednesday after the video game retailer reported a bigger drop in quarterly revenue, questioning its ability to revitalize its business. A t its share price of $19.96, the company was set to lose $1.2 billion in its market value.
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U.S. STOCKS Cantaloupe, Children's Place, GameStop

BUZZ-U.S. STOCKS ON THE MOVE-Cantaloupe, Children's Place, GameStop Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was set to open lower as uncertainty about the Federal Reserve's interest rate path increased following the latest inflation data, while odds of Democrat Kamala Harris winning the U.S.
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Wall St set for lower open as sticky inflation hampers bumper rate-cut bets

US STOCKS-Wall St set for lower open as sticky inflation hampers bumper rate-cut bets For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window August YoY CPI at 2.5% vs 2.6% estimate Trump Media & Technology shares slide Gamestop falls after stock offering Futures down: Dow 0.5%, S&P 500 0.35%, Nasdaq 0.3% Updated at 8:47 a.m.
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Meme stock GameStop slumps as revenue drop fans turnaround doubts

Meme stock GameStop slumps as revenue drop fans turnaround doubts Sept 11 (Reuters) - Shares of GameStop GME.N , a widely watched meme stock, tumbled 10% in premarket trading on Wednesday after the video game retailer reported a bigger drop in quarterly revenue, questioning its ability to revitalize its business. The company, which is feverishly tracked by retail investors following a meme stock frenzy in early 2021 that sent its shares to dizzying levels, has been trying to restructure itself b
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U.S. STOCKS Coinbase Global, GameStop, Trump Media & Technology Group

BUZZ-U.S. STOCKS ON THE MOVE-Coinbase Global, GameStop, Trump Media & Technology Group Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures dipped on Wednesday, with investors pricing in greater odds of Democrat Kamala Harris prevailing in the upcoming presidential elections, while focus moved to a key inflation reading later in the day.
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Futures slip after Harris-Trump debate; eyes on inflation data

US STOCKS-Futures slip after Harris-Trump debate; eyes on inflation data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window CPI data due at 8:30 a.m. ET Trump Media & Technology shares slide Gamestop falls after stock offering Futures down: Dow 0.4%, S&P 500 0.3%, Nasdaq 0.4% Updated at 6:58 a.m.
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Futures dip after Harris-Trump debate; eyes on inflation data

US STOCKS-Futures dip after Harris-Trump debate; eyes on inflation data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Futures down: Dow 0.46%, S&P 500 0.38%, Nasdaq 0.42% Sept 11 (Reuters) - U.S. stock index futures dipped on Wednesday, with investors pricing in greater odds of Democrat Kamala Harris prevailing in the upcoming presidential elections, while focus moved to a key inflation reading later in the day.
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