Explore

Elliott built stake in Deutsche Telekom and opposes T-Mobile merger, Bloomberg News reports

Elliott built stake in Deutsche Telekom and opposes T-Mobile merger, Bloomberg News reports

Sept 2 (Reuters) - Elliott Investment Management has built a sizeable stake in Deutsche Telekom and indicated that the company should ditch a potential merger with T-Mobile US, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Landstar System, Inc. Reports Upward Revision in EPS Estimates, Signaling Favorable Outlook

Landstar System, Inc. Reports Upward Revision in EPS Estimates, Signaling Favorable Outlook

Landstar System, Inc. Reports Upward Revision in EPS Estimates, Signaling Favorable Outlook

Shein shares slide 10% in long-awaited Hong Kong trading debut

Shein shares slide 10% in long-awaited Hong Kong trading debut

By Yantoultra Ngui, Casey Hall and Helen Reid HONG KONG, Sept 1 (Reuters) - Online fashion retailer Shein's shares tumbled about 10% in early Hong Kong trading on Tuesday as the company made its long awaited debut, capping a years-long effort to go public.

Shein set for lacklustre debut after setbacks cause huge drop in valuation

Shein set for lacklustre debut after setbacks cause huge drop in valuation

By Yantoultra Ngui, Casey Hall and Helen Reid HONG KONG, Sept 1 (Reuters) - Chinese online fashion giant Shein's Hong Kong debut on Tuesday caps a years-long effort to tap capital markets after trying to list in vain in the West, but may bring little comfort to investors with an expected lacklustre

Shein makes lacklustre Hong Kong debut as investors fret about growth and regulatory risks

Shein makes lacklustre Hong Kong debut as investors fret about growth and regulatory risks

By Yantoultra Ngui, Selena Li and Kane Wu HONG KONG, Sept 1 (Reuters) - Shares in online fast-fashion retailer Shein ended flat in their Hong Kong debut on Tuesday, failing to gain a typical first-day pop amid worries about setbacks that have undermined its competitive advantage.

European stocks kick off September on gloomy note as bond yields rise

European stocks kick off September on gloomy note as bond yields rise

Sept 1 (Reuters) - European shares dipped on Tuesday, pressured by a fresh rise in government bond yields as investors braced for higher interest rates. The pan-European STOXX 600 slipped 0.2% to a more than one-week low by 0815 GMT.

Shein shares slide more than 5% on second day of Hong Kong trading

Shein shares slide more than 5% on second day of Hong Kong trading

HONG KONG, Sept 2 (Reuters) - Shares of online fast-fashion retailer Shein fell more than 5% on Wednesday, a day after a lacklustre debut session following a long-awaited initial public offering. The stock tumbled as much as 10% on Tuesday but recovered to close to its HK$48.56 issuance price.

Jim Cramer Recommends Caution on Semiconductor Stocks Despite KLA Corporation's Performance

Jim Cramer Recommends Caution on Semiconductor Stocks Despite KLA Corporation's Performance

Jim Cramer Recommends Caution on Semiconductor Stocks Despite KLA Corporation's Performance

Insulet's Strong Earnings and Lowered Outlook Create Buying Opportunity for Investors

Insulet's Strong Earnings and Lowered Outlook Create Buying Opportunity for Investors

Insulet's Strong Earnings and Lowered Outlook Create Buying Opportunity for Investors

JPMorgan Chase Appoints Ward Jones to Lead Mid-Cap Basic Materials Investment Banking

JPMorgan Chase Appoints Ward Jones to Lead Mid-Cap Basic Materials Investment Banking

JPMorgan Chase Appoints Ward Jones to Lead Mid-Cap Basic Materials Investment Banking

SpaceX investors must consider this urgent new signal

SpaceX investors must consider this urgent new signal

Here's what could happen to SPCX shares next.

Engine Capital pushes EPAM for share buybacks or sale

Engine Capital pushes EPAM for share buybacks or sale

Aug 31 (Reuters) - Activist hedge fund Engine Capital said it wants software firm EPAM Systems to either buy its own shares or consider selling itself after its stock price tumbled more than 40% this year.