Monday 20 September 2021

Reuters Global Investor: NextGen Healthcare hires Sides from Teladoc Health as CEO

NextGen Healthcare hires Sides from Teladoc Health as CEO

NextGen Healthcare Inc said on Monday it has hired healthcare information technology veteran David Sides as its chief executive officer, three months after his predecessor left.

Social Security doomsayers are wrong again, but reform choices loom

The U.S. government recently released its annual report on the health of Social Security. Not surprisingly, that was met with a slew of doomsday forecasts from pundits and media.

Investors tense up as fears of post-election gridlock rise in Canada

Foreign investors are growing more worried that Canada's federal election on Monday could result in a deadlock that hampers Ottawa's response to the COVID-19 pandemic and further slows the economic recovery from the crisis.

Billionaire hedge fund managers Cohen, Dalio tout cryptocurrencies

Billionaire investors Steven Cohen and Ray Dalio have joined the cryptocurrency craze by putting cash to work and saying at a conference this week that bitcoin and other digital currencies are an interesting way to diversify their holdings.

Shareholder support for U.S. climate measures hits nearly 50% -report

Support for climate-related shareholder resolutions at U.S. companies rose significantly this year, according to a report released on Wednesday, as investors focused on economic threats posed by global warming.

Tech firm Exclusive Networks could be valued at $2.5 bln in Paris listing

French technology firm Exclusive Networks's initial public offering (IPO) is oversubscribed and could value it at up to 2.1 billion euros ($2.48 billion), the bookrunners on the IPO said on Wednesday.

Flagship Wall St conference sees record attendance, run on steak

A flagship Wall Street conference returned this week, attracting so many fund managers and investors who were hungry for in-person interactions that organizers ran out of a steak and lobster entree and seats at its first lunch on Monday.

Fading retail demand for U.S. stocks could hit S&P 500 - Vanda

Retail investors' appetite for U.S. stocks has fallen in the past week, data from Vanda Research showed on Wednesday, increasing the odds for a broader sell-off in the S&P 500 at a time when it is already about 2% off its record high.

ARK Invest's Wood expects market rotation back to growth stocks

Star stock picker Cathie Wood of ARK Invest on Tuesday reiterated her call that slowing economic activity in the United States will bolster growth stocks.

Wells Fargo pushes back return-to-office date to Nov. 1 - memo

Wells Fargo & Co on Tuesday pushed back the date when its employees return to office in the United States to the beginning of November, according to a memo seen by Reuters.

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