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Wells Fargo Preferred Stock Declares $0.2938 Quarterly Dividend

The $0.2938 payout matches prior quarters, yielding 6.27% with a June 15 payment date for eligible shareholders. Wells Fargo & Company’s DEP SH PFD CL A (WFC.PR.A) announced a $0.2938 per share quarterly dividend, unchanged from previous distributions. The forward yield st

  • mohammad501ps@gmail.com
  • May 15, 2026
  • stocks

Galectin Therapeutics Q1 Loss Widens, EPS Misses Estimates by $0.02

Galectin Therapeutics reports a Q1 GAAP loss of $0.08 per share, exceeding analyst expectations by $0.02. Galectin Therapeutics posted a Q1 GAAP loss of $0.08 per share, missing estimates by $0.02. The wider-than-expected loss reflects ongoing operational costs and investm

  • mohammad501ps@gmail.com
  • May 15, 2026
  • forex

Global Markets Slide as Treasury Yields, Oil Prices Climb on Risk-Off Sentiment

Treasury yields hit a one-year high and crude prices surge, weighing on equities and commodities as geopolitical uncertainty persists. Global markets turned risk-averse as Treasury yields surged, with the 10-year yield reaching a one-year high of 4.54%. Oil prices climbed,

  • mohammad501ps@gmail.com
  • May 15, 2026
  • stocks

US Blockade Triggers Fuel Crisis and Blackouts in Cuba

Cuba faces severe fuel shortages and nationwide blackouts as US sanctions disrupt energy supplies, worsening economic instability. Cuba has exhausted its fuel reserves amid ongoing US sanctions, leading to widespread blackouts and water shortages across the country. The en

  • mohammad501ps@gmail.com
  • May 15, 2026
  • forex

EUR/USD Drops to 1.1620 on Fed Hike Bets, Oil Surge

The Euro falls 1.2% weekly as rising US yields and $100 oil weigh on Eurozone economies amid Fed tightening expectations. The Euro slid to 1.1620 against the Dollar on Friday, its lowest level since early April, as risk aversion and higher US Treasury yields drove demand f

  • mohammad501ps@gmail.com
  • May 15, 2026
  • gold

Gold Prices Drop to One-Week Low on Stronger USD, Higher Yields

XAU/USD falls nearly 2% as Fed rate hike bets rise amid stubborn inflation and resilient consumer spending data. Gold (XAU/USD) retreated to its lowest level in over a week, trading near $4,554 as a stronger US Dollar and rising Treasury yields weighed on demand. The decli

  • mohammad501ps@gmail.com
  • May 15, 2026
  • stocks

ContextLogic Posts $0.33 GAAP EPS as Revenue Rises Marginally to $32.4M

First-quarter earnings met estimates while revenue growth slowed and shipped volumes fell 7% year-over-year. ContextLogic reported first-quarter GAAP earnings of $0.33 per share on revenue of $32.4 million, a 0.3% year-over-year increase. The modest revenue growth contrast

  • mohammad501ps@gmail.com
  • May 15, 2026
  • stocks

CMA Approves Getty-Shutterstock Deal With Editorial Unit Sale

UK regulators conditionally clear the $3.7B merger, requiring Shutterstock to divest its editorial business to address competition concerns. Britain’s Competition and Markets Authority approved Getty Images’ $3.7B acquisition of Shutterstock, contingent on the sale of Shut

  • mohammad501ps@gmail.com
  • May 15, 2026
  • commodities

Sigma Lithium Posts 23,000 Tonne Q1 Lithium Output, Revises FY26 Guidance

The miner reported first-quarter lithium oxide concentrate sales volume of 23,000 tonnes as it updates full-year production targets. Sigma Lithium announced first-quarter lithium oxide concentrate sales volume of 23,000 tonnes, covering both low- and high-grade output. The

  • mohammad501ps@gmail.com
  • May 15, 2026
  • stocks

Sphere Entertainment Expands Global Footprint With Abu Dhabi Venue

SPHR partners with Abu Dhabi authorities to build its first international Sphere venue on Yas Island, marking a key expansion step. Sphere Entertainment Co. (SPHR) will develop Sphere Abu Dhabi on Yas Island, its first venue outside the U.S. The project is a collaboration

  • mohammad501ps@gmail.com
  • May 15, 2026
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