video FOX Business Flash top headlines for March 13 Check out what’s clicking on FoxBusiness.com Activist investor Carl Icahn on Monday launched a proxy fight at Illumina Inc, saying the life sciences company's takeover of Grail Inc had cost shareholders about $50 billion since the closing of the deal. Shares of Illumina jumped more than […]

This report was sent to Briefing.com subscribers earlier today.  Research calls posted earlier this morning are available here. Upgrades: > Air Products (APD) upgraded to Buy from Hold at Vertical Research > Bunzl PLC (BZLFY) upgraded to Overweight from Neutral at JP Morgan > Charles Schwab (SCHW) upgraded to Buy from Neutral at Citigroup; tgt […]

video Every banking asset is ‘in trouble’ amid SVB collapse: Larry McDonald The Bear Traps Report founder Larry McDonald argues current market conditions ‘guarantee’ a recession. As federal banking regulators have moved to protect all Silicon Valley Bank depositors, one market guru and best-selling author is warning of similarities between this collapse and the Lehman […]

Fintel reports that KKR Fresh Aggregator has filed a 13D/A form with the SEC disclosing ownership of 17.26MM shares of US Foods Holding Corp (USFD). This represents 6.9% of the company. In their previous filing dated February 26, 2021 they reported 24.60MM shares and 10.00% of the company, a decrease in shares of 29.85% and […]

USDT issuer Tether condemned the Wall Street Journal (WSJ) and other legacy media for publishing negative reports about the company while lauding other crypto firms that proved to be some of the biggest financial failures in history. Tether’s allegations against the WSJ come two days after another high-profile crypto-related company, Silvergate Bank, fell prey to […]

The futures were trading mixed, after a back-and-forth Thursday that saw all the major indexes rebound early and rally higher on a surprise jump in unemployment claims, only to sell off in a big way by the afternoon and all four closed lower by 1.5% or more. The February nonfarm payrolls came in above estimates […]

This report was sent to Briefing.com subscribers earlier today.  Upgrades: > Alaska Air (ALK) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $62 > PLAYSTUDIOS (MYPS) upgraded to Buy from Hold at Craig Hallum; tgt raised to $5 > Roblox (RBLX) upgraded to Buy from Hold at Jefferies; tgt raised to $48 […]

video ‘Million Dollar Listing’ star Josh Altman on the current state of luxury real estate Josh Altman spoke to FOX Business about the luxury real estate market and the impact of the new “mansion tax” in Los Angeles. The rising cost of living and long-term price increases of residential properties in U.S. coastal markets is […]

The fourth quarter 2022 earnings season is almost over, with 99% of S&P 500 companies reporting actual results (as of last week). Of these, 69% of the companies have posted a positive EPS surprise, while about 65% have reported a positive revenue surprise. The blended earnings decline for the S&P 500 is -4.6%, the first […]

After several months of uncertainty, a US court approved the $1 billion acquisition agreement between Binance.US and Voyager Digital. The agreement was hotly contested by multiple regulators, with the SEC leading the charge with a series of objections filed since January. Binance.US Gets the Nod to Acquire Voyager Digital On Tuesday, March 7th, Binance.US received […]