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Corporate News

Mon, Apr 12th, 2021
Microsoft buying speech recognition firm Nuance in $16B deal

Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion.

MSFT : 255.91 (+0.02%)
Stocks end slightly below latest record highs as tech slips

U.S. stock indexes gave up some of their recent gains Monday, pulling the S&P 500 slightly below the record high it hit last week.

BAC : 40.06 (+0.18%)
JPM : 155.95 (-0.21%)
WFC : 40.77 (+0.67%)
C : 72.69 (+0.37%)
MSFT : 255.91 (+0.02%)
The Latest: UN chief calls for tax on pandemic profiteers

UNITED NATIONS — The United Nations chief says the world’s failure to unite to tackle COVID-19 has created massive inequalities and is calling for urgent action including a wealth tax on those who...

JNJ : 161.64 (+0.24%)
How major US stock indexes fared Monday

Stocks ended just below the latest record highs they hit last week as technology companies slipped. The S&P 500 edged down less than 0.1% Monday and the tech-heavy Nasdaq gave up 0.4%.

C : 72.69 (+0.37%)
BAC : 40.06 (+0.18%)
WFC : 40.77 (+0.67%)
JPM : 155.95 (-0.21%)
Biden names 2 ex-NSA officials for senior cyber positions

WASHINGTON (AP) — President Joe Biden has selected two former senior National Security Agency officials for key cyber roles in his administration, the White House said Monday in moving to fill out a...

MSFT : 255.91 (+0.02%)
White House grades states' infrastructure as it pushes bill

WASHINGTON (AP) — President Joe Biden wants Congress to know he's sincere about cutting a deal on infrastructure, but the White House is also highlighting needed repairs and upgrades state-by-state that...

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for May delivery rose 38 cents to $59.70 a barrel Monday. Brent crude oil for June delivery rose 33 cents to $63.28 a barrel.

Biden tells execs US needs to invest, lead in computer chips

WASHINGTON (AP) — President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that...

INTC : 65.40 (-4.19%)
How billionaire is using financial muscle for racial equity

Inspired by the racial justice protests of 2020, Jahm Najafi is ready to shed his normally low profile to make some headlines for his partnerships and philanthropy.

UK lobbying scandal snares ex-PM Cameron; govt starts probe

LONDON (AP) — The controversy over former British Prime Minister David Cameron’s lobbying on behalf of a now-bankrupt financial services firm deepened Monday as the government launched an investigation...

Chinese regulator orders Ant Group to conduct major overhaul

HONG KONG (AP) — Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped...

Huawei, HSBC agree on document deal for extradition case

HONG KONG (AP) — Chinese telecommunications equipment firm Huawei said Monday that it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou...

Germany's Bild newspaper to launch television channel

BERLIN (AP) — Germany's biggest-selling daily newspaper, Bild, plans to launch a television channel that will go on air before the country's election in late September, its publisher said Monday.

Top Chinese official admits vaccines have low effectiveness

BEIJING (AP) — China’s top disease control official, in a rare acknowledgement, said current vaccines offer low protection against the coronavirus and mixing them is among strategies being considered...

This Week: JPMorgan earns, retail sales, housing starts

A look at some of the key business events and economic indicators upcoming this week:

JPM : 155.95 (-0.21%)
Asian shares decline on vaccine, virus worries

BANGKOK (AP) — Asian shares were lower on Monday, as investors grew wary over the recent surge in coronavirus cases in many places while vaccination efforts are making scant headway.

BAC : 40.06 (+0.18%)
JPM : 155.95 (-0.21%)
WFC : 40.77 (+0.67%)
CEOs gather to speak out against voting law changes

More than a hundred top executives and corporate leaders gathered online this weekend to discuss their response to restrictive voting laws under consideration in several states and already enacted in Georgia,...

AXP : 147.57 (-0.14%)
Biden sees `win' for US in electric vehicle battery deal

WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries...

With key deals, Uganda's nascent oil sector nears maturity

KAMPALA, Uganda (AP) — Uganda, Tanzania and French oil company Total signed agreements Sunday on building a heated pipeline to carry crude oil from western Uganda to the Indian Ocean coast. Construction...

The Latest: Navajo Nation issues weekend stay-at-home order

WINDOW ROCK, Ariz. -- The Navajo Nation has issued a stay-at-home order for the weekend after reporting 26 more confirmed COVID-19 cases.

JNJ : 161.64 (+0.24%)
PFE : 36.97 (+1.01%)
BNTX : 121.52 (-0.51%)

Chart of the Day

HP Inc (HPQ)

The Barchart Chart of the Day  belongs to the computer hardware company HP (NYSE: HPQ ).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last...
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