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June 12, 2021

buoyed

Bed Bath & Beyond shares surged more than 60%, buoyed by meme stock mania, product news

CNBC
CNBC – For more and to sign up click here Shares of Bed Bath & Beyond surged about 50% in trading Wednesday afternoon as a number of so-called meme stocks rallied. The stock had been in positive territory after the retailer said it would launch three private label brands this......

Buoyed by Federal Covid Aid, Big Hospital Chains Buy Up Competitors

New York Times
While most of the provider aid has been distributed, the Biden administration is expected to begin doling out the remaining funds, estimated at $25 billion of the original $178 billion, said Kristen O’Brien, a vice president for McDermott+Consulting in Washington, D.C. Hospitals are asking for more time to spend the......

Bunge buoyed by improved crush output

FoodBusinessNews
ST. LOUIS — Building on momentum over the past several quarters, Bunge Ltd. delivered strong financial results in the first quarter of fiscal 2021, reaching a new high watermark for crush capacity utilization, and executing well in the marketplace through strong customer service, innovation and agility. Bunge net income in......

Dollar buoyed by U.S. recovery hopes, bitcoin near record $52,640

Reuters
TOKYO (Reuters) – The dollar held ground on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations for the U.S. to recover from the pandemic faster than most of its peers. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph......

Dollar buoyed by U.S. recovery hopes, bitcoin near record $52,640

Reuters
TOKYO (Reuters) – The dollar held ground on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations for the U.S. to recover from the pandemic faster than most of its peers. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph......

FOREX-Dollar buoyed as Treasury yields stabilise

Reuters
* Dollar index trades higher * Sterling gains * Euro, Aussie and Kiwi down * Graphic: World FX rates tmsnrt.rs/2RBWI5E LONDON, Jan 13 (Reuters) – Stabilising U.S. Treasury yields helped the dollar trade back in positive teritory on Wednesday, though investors remained bearish on the currency’s near-term prospects. Benchmark 10-year......

Fed’s Clarida says vaccines have buoyed economic outlook

Reuters
FILE PHOTO: Federal Reserve Vice Chair Richard Clarida talks on the phone during the three-day “Challenges for Monetary Policy” conference in Jackson Hole, Wyoming, U.S., August 23, 2019. REUTERS/Jonathan Crosby/File Photo WASHINGTON (Reuters) – The ongoing distribution of two coronavirus vaccines has lifted the U.S. economy’s prospects for 2021 and......

Nifty, Sensex at record highs buoyed by vaccine progress

Reuters
The Bombay Stock Exchange building is seen from a facade in Mumbai, May 16, 2018. REUTERS/Francis Mascarenhas/Files BENGALURU (Reuters) – Indian shares posted another record high on Wednesday as the world’s second worst coronavirus-affected country considers approving vaccines for the public, raising bets of an economic recovery. The country’s federal......

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