Stock Focus Report

Petrobras shares plunge on axed dividend as Brazil pushes more investment

• Business

Petrobras shares plunge on axed dividend as Brazil pushes more investment

Stock Focus Report March 9, 2024

By Lisandra Paraguassu, Marta Nogueira and Fabio Teixeira BRASILIA/RIO DE JANEIRO (Reuters) -Brazil’s government will push state-run...

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Costco stock closes for worst day in nearly two years on quarterly revenue miss

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Costco stock closes for worst day in nearly two years on quarterly revenue miss

Stock Focus Report March 8, 2024

By Ananya Mariam Rajesh (Reuters) -Costco’s shares closed down 7.6% on Friday for its worst day since...

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TikTok divestment bill would give government stronger legal position, US DOJ says

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TikTok divestment bill would give government stronger legal position, US DOJ says

Stock Focus Report March 8, 2024

By David Shepardson WASHINGTON (Reuters) -The U.S. government would be in a stronger legal position if lawmakers...

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Microsoft warns Russian hackers still trying to break into its systems

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Microsoft warns Russian hackers still trying to break into its systems

Stock Focus Report March 8, 2024

By Zeba Siddiqui and Raphael Satter (Reuters) -Microsoft said on Friday that hackers linked to Russia’s foreign...

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Apple retreats in Epic feud, allows Fortnite return in EU

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Apple retreats in Epic feud, allows Fortnite return in EU

Stock Focus Report March 8, 2024

By Stephen Nellis and Akash Sriram (Reuters) -Under pressure from European regulators, Apple took a step back...

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Yellen says Biden’s proposed housing tax credits could boost supply

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Yellen says Biden’s proposed housing tax credits could boost supply

Stock Focus Report March 8, 2024

By David Lawder and Susan Heavey WASHINGTON (Reuters) -President Joe Biden’s proposed tax credits for certain home...

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TSMC to win more than $5 billion in grants for a US chip plant, Bloomberg reports

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TSMC to win more than $5 billion in grants for a US chip plant, Bloomberg reports

Stock Focus Report March 8, 2024

(Reuters) – Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, is set to win more...

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US House to vote next week on TikTok crackdown bill

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US House to vote next week on TikTok crackdown bill

Stock Focus Report March 8, 2024

By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives will fast-track a vote next week on...

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Gap’s upbeat quarterly results show improving demand for Old Navy apparel

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Gap’s upbeat quarterly results show improving demand for Old Navy apparel

Stock Focus Report March 7, 2024

By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Gap beat Wall Street expectations for fourth-quarter results on...

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Berkshire’s PacifiCorp ordered to pay at least $29 million to Oregon wildfire victims

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Berkshire’s PacifiCorp ordered to pay at least $29 million to Oregon wildfire victims

Stock Focus Report March 7, 2024

By Clark Mindock (Reuters) -An Oregon state jury on Tuesday ordered Berkshire Hathaway’s PacifiCorp to pay at...

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