Euro zone countries should privide an additional fiscal stimulus of 3% of GDP in 2021-2022 to boost economic growth by 2% of GDP by the end of next year and reduce the negative effects of the pandemic, the International Monetary Fund said.
* Goldman Sachs (GS) up as profit jumps on record dealmaking. * JPMorgan (JPM) falls despite profit surging nearly five-fold. * Coinbase will list on Nasdaq on Wednesday. * Futures up: Dow 0.04%, S&P 0.08%, Nasdaq 0.28% By Shivani Kumaresan.
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, ticked higher on Wednesday on higher activity across vessel segments. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, gained 38 points, or 1.8%, to 2,178, its highest level since March 26.
Fathom Holdings Inc (FTHM): * FATHOM HOLDINGS SIGNS DEFINITIVE AGREEMENT TO ACQUIRE E4:9 HOLDINGS, PARENT COMPANY OF ENCOMPASS LENDING GROUP, DAGLEY INSURANCE AGENCY, AND REAL RESULTS. * Fathom Holdings Inc (FTHM) - DEAL FOR PURCHASE PRICE IS APPROXIMATELY $26.75 MILLION. * Fathom Holdings Inc (FTHM) - PURCHASE PRICE, CONSISTING OF ABOUT $10.0 MILLION IN CASH AND $16.75 MILLION IN FATHOM HOLDINGS COMMON STOCK.
The Danish Health Authority confirmed on Wednesday it would halt entirely using AstraZeneca COVID-19 vaccine in its vaccination programme. "The Danish Health Authority has decided to continue the vaccination against COVID-19 without the vaccine from AstraZeneca," it said in a statement.
- Dollar General Corp (DG) said on Wednesday it would recruit up to 20,000 employees this spring, the latest company to plan a hiring spree as more parts of the U.S. economy reopen and fiscal stimulus kicks in. But the number was lower than the more than 50,000 workers the company hired around the same time last year, which was nearly double its normal hiring rate, to support a surge in sales at its...
Dollar General Corp (DG) said on Wednesday it would recruit up to 20,000 employees this spring, the latest company to plan a hiring spree as more parts of the U.S. economy reopen and fiscal stimulus kicks in. But the number was lower than the more than 50,000 workers the company hired around the same time last year, which was nearly double its normal hiring rate, to support a surge in sales at its s...
Lebanon's Central Bank called on the country's caretaker government on Wednesday to urgently adopt a plan to limit spending on subsidies to protect remaining foreign currency reserves. The bank said it had been forced to sell dollars in recent months to prevent inflation, which has already reached 84%, from spiralling as high as 275%, and the remaining reserves needed to be protected.
Goldman Sachs Group Inc (GS): * GOLDMAN SACHS (GS) - SEES GLOBAL GDP GROWTH OF 6.7% IN 2021, 4.7% IN 2022. * GOLDMAN SACHS SEES U.S. GDP GROWTH OF 7.2% IN 2021 AND 4.9% IN 2022 - PRESENTATION Source text: [https://bit.ly/3wUGz0o] Further company coverage:
New Residential Investment Corp (NRZ) : * FOR Q1 2021, ESTIMATES THAT GAAP NET INCOME WILL BE IN THE RANGE OF $0.64 TO $0.70 PER DILUTED SHARE. * FOR Q1 2021, ESTIMATES CORE EARNINGS WILL BE IN THE RANGE OF $0.31 TO $0.37 PER DILUTED SHARE. * FOR Q1 2021, ESTIMATES BOOK VALUE WILL BE IN THE RANGE OF $11.32 TO $11.42 PER SHARE.
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