Ardagh Group: Q4 Earnings Insights

Reuters
Analysis-DAMAC delisting plan piles pressure on shrinking Dubai market
Dubai's stock market is set for another delisting, raising a question mark over the future of one of the Gulf's major exchanges, which was launched two decades ago. A $595 million bid to take DAMAC Properties private by the firm's founder Hussain Sajwani is the latest blow to the exchange, even as the Gulf city state's property market showed signs of life in the first quarter. Majeed said Dubai needs to work harder to attract listings amid growing competition from within the Gulf region such as Abu Dhabi and Saudi Arabia where Tadawul, the region's biggest exchange based on market value, wants to become a regional hub.
11h ago
CBS MoneyWatch
New IRS tool lets families check if they're eligible for Child Tax Credit checks
The IRS unveiled the tool Monday for people who made too little to file a tax return.
19h ago
CoinDesk
Former Coinbase Legal Exec Lempres Joins Silvergate Capital as Chairman
Lempres takes over from Dennis Frank, who had served as chairman since 1996.
55m ago
South China Morning Post
Stanley Ho's youngest son Mario launches firm to help family offices tap investment opportunities in Greater Bay Area
Mario Ho Yau-kwan, the youngest son of the late Macau casino tycoon Stanley Ho Hung-sun, has set up a family office platform to help wealthy families tap opportunities in the fast-growing Greater Bay Area. Ho, 26, a maths whizz and the youngest finance graduate ever from the Massachusetts Institute of Technology, has launched MSI Finance Management Company (MSI). Ho, who is the co-founder and vice-chairman of MSI, has been joined by four other investors, including chairman Leo Kei and well-known
5h ago
The Wall Street Journal
Mall Owner Washington Prime Seeks $950 Million Debt Cut in Bankruptcy
The mall owner had to cut rents during the Covid-19 pandemic, keeping tenants out of bankruptcy but hurting its business.
17h ago
MoneyWise
Soaring home prices made you house-rich? Here's how to make the most of it
You're living inside a giant piggy bank now — and have options for shaking out some cash.
15h ago
MarketWatch
Jamie Dimon says JPMorgan is sitting on about $500 billion in cash, waiting to invest in higher rates
Banking giant JPMorgan is sitting on a near half-trillion-dollar stockpile of cash, waiting to invest in higher rates in the coming months, instead of buying Treasurys or other securities, Chief Executive Jamie Dimon said Monday at a virtual banking conference.
16h ago
Yahoo Finance
Electric aircraft company Vertical Aerospace plans to go public
EV Aircraft company Vertical Aerospace announced last week that they would go public via a SPAC merger.
21h ago
Bloomberg
Drowning in Cash, Money Markets Seek Another Life Raft From Fed
(Bloomberg) -- More and more, investors are wondering whether the Federal Reserve will tweak its monetary policy toolkit to help out money markets that are starting to drown in a sea of cash.The Fed’s existing facilities have helped alleviate the impact of the growing dollar glut in short-term funding markets that’s outstripping the supply of investable securities and weighing down front-end rates. But officials can only continue to do so if money-market funds, which help funnel more than $4 tri
3h ago
MarketWatch
AMC shares surge over 15% on #AMCDay as meme traders aim to push movie chain’s shares back above $60
Shares of movie chain were aloft to start another week, with the company's stock headed sharply higher amid a social-media campaign to push it toward $60 a share.
18h ago
Refinery29
Canceling Student Debt Doesn’t Help Rich People. Is That Why They Hate It So Much?
Mandatory Credit: Photo by STEPHANIE LECOCQ/POOL/EPA-EFE/Shutterstock (12072947bw) US President Joe Biden meets with NATO Secretary General Jens Stoltenberg (not pictured) during a NATO summit at the North Atlantic Treaty Organization (NATO) headquarters in Brussels, Belgium, 14 June 2021. The 30-nation alliance hopes to reaffirm its unity and discuss increasingly tense relations with China and Russia, as the organization pulls its troops out after 18 years in Afghanistan. NATO Summit in Brussel
17h ago
Bloomberg
Get Ready for a Flood of Sugar as Brazilians Buy Electric Cars
(Bloomberg) -- Brazil is set to flood the world market with sugar as the transition to electric vehicles slashes demand for crop-based biofuels, according to a study led by an influential industry executive.Demand for ethanol, made mostly from sugar cane in Brazil, will likely start to decline in 2030 as EVs become more widespread, said Soren Jensen, the former chief operating officer of top sugar trader Alvean, who authored the study together with Mariana Perina Jirousek. That will leave miller
6h ago
Investopedia
3 Reasons Your Social Security Check Was Short This Month
If you recently started receiving Social Security benefits, here are three reasons you may be getting less than you expected.
19h ago
FX Empire
USD/INR Posts Longest Daily Losing Streak in Over Two Months
The Indian rupee depreciated against the U.S. dollar for the fifth straight day on Monday as rising oil prices weighed on the currency despite strength in domestic equity markets.
23h ago
MarketWatch
Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks
Below is a new list using the same criteria we used to pull this list of heavily shorted stocks during the Reddit/Robinhood mania in late January. The biggest short squeeze in the Russell 3000 appears to be Virgin Galactic Holdings Inc. (SPCE) which more than doubled in four weeks and was 27.82% sold short on June 11.
21h ago
MarketWatch
I want to take a life-insurance policy out on my husband. He says ‘hell will freeze over’ before he’s worth more dead than alive
‘The pandemic sent my life back to the 1950s, as I had to cook, provide tech support and homeschool our child.'
1d ago
Yahoo Finance
Corsair rockets up 30% in early trading as Wall Street Bets finds its latest meme stock
Gaming hardware marker Corsair became the latest stock to get the meme treatment on Monday.
23h ago
MarketWatch
Meme-stock traders start to converge on shares of insulin-monitor maker Senseonics
Senseonics is flying as high short interest and a huge surge in social media mentions fuels another “Memic Monday.”
23h ago
MarketWatch
Fund managers agree with the Fed as most say inflation will be transitory
A survey of fund managers found nearly three-quarters think the current spike in consumer prices will calm down.
4h ago
Barrons.com
Pipeline Stocks Can Gain as Oil Rises. One to Buy and One to Sell.
Goldman Sachs analyst Michael Lapides says energy- infrastructure stocks can gain as oil prices stay strong and companies are able to transport more fuel.
2h ago

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Ardagh Group: Q4 Earnings Insights

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Analysis-DAMAC delisting plan piles pressure on shrinking Dubai market

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Soaring home prices made you house-rich? Here's how to make the most of it

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AMC shares surge over 15% on #AMCDay as meme traders aim to push movie chain’s shares back above $60

Canceling Student Debt Doesn’t Help Rich People. Is That Why They Hate It So Much?

Get Ready for a Flood of Sugar as Brazilians Buy Electric Cars

3 Reasons Your Social Security Check Was Short This Month

USD/INR Posts Longest Daily Losing Streak in Over Two Months

Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks

I want to take a life-insurance policy out on my husband. He says ‘hell will freeze over’ before he’s worth more dead than alive

Corsair rockets up 30% in early trading as Wall Street Bets finds its latest meme stock

Meme-stock traders start to converge on shares of insulin-monitor maker Senseonics

Fund managers agree with the Fed as most say inflation will be transitory

Pipeline Stocks Can Gain as Oil Rises. One to Buy and One to Sell.