Stocks making the biggest moves premarket: Marathon Oil, Robinhood, American Airlines, Chewy & more

Check out the companies making headlines before the bell. ConocoPhillips — Shares slipped more than 3% following news that the company is acquiring Marathon Oil in a $17.1 billion all-stock deal, which is expected to close in the fourth quarter. Marathon Oil stock rose more than 7% following the announcement. Dick’s Sporting Goods — The sporting goods retailer popped 7.7% after reporting […]

LCR Tweak: The Magic Pill for Banking Industry’s Liquidity Woes

The banking sector faces a pressing issue: many banks are struggling to expand their credit due to sluggish deposit growth. Normally, raising deposit rates to attract more deposits, particularly from wholesale segments, would be the go-to solution. However, under current regulations, wholesale deposits are less appealing due to their significant impact on the Liquidity Coverage […]

Viking gains after wave of bullish Wall Street coverage initiations

Several Wall Street brokerages, including J.P. Morgan and UBS, have started coverage on Viking Holdings (VIK.N), opens new tab, with a bullish view on the travel and cruise company’s growth opportunities in an expanding global vacations market. Viking shares rose about 1% to $29.93 on Tuesday and were up more than 13% since their first day […]