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GlobalFoundries Announces Pricing of $950 Million Secondary Offering of Ordinary Shares, Including Concurrent $200 Million Share Repurchase

MALTA, N.Y., May 22, 2024 -- GlobalFoundries Inc. , today announced the pricing of a secondary public offering of $950 million of its ordinary shares at a price to the public of $50.75 per share ....
New York United States Raymond James Exchange Commission Deutsche Bank Securities Securities United States Inc

Wall Street Roiled by 'Still Sticky' CPI Signals: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities moved away from their all-time highs after the core consumer price index topped estimates and climbed the most in eight months. Treasuries sold off, with two-year yields hitting the highest since before…
United States San Francisco Isabel Schnabel Michael Barr Jeffrey Roach Raphael Bostic

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S&P 500 Set for Worst CPI Day Since September 2022: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities moved away from their all-time highs after the core consumer price index topped estimates and climbed the most in eight months. Treasuries sold off, with two-year yields hitting the highest since before…
United Kingdom United States New York San Francisco Chris Larkin Jessica Menton

Markets Jolted as Fed's 'Last Mile' Looks Elusive: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…
New York United States United Kingdom San Francisco Mary Daly Michael Hartnett

GlobalFoundries Surges After Earnings Top Analysts' Estimates

(Bloomberg) -- GlobalFoundries Inc., the largest US supplier of made-to-order semiconductors, rose the most in almost nine months after third-quarter earnings topped analysts’ estimates, showing it can preserve profit even as the industry slump drags on. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Two-Year Yield Tops 5% on Powell’s ‘Sterner’ Tone: Markets WrapSaudis Find a Bottomless Money Pit in LucidIsrael L...
New York United States Abu Dhabi Bloomberg Businessweek Tom Caulfield Taiwan Semiconductor Manufacturing Co
Source: yahoo.com

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