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Canada’s Allied Gold Seeks New York Stock Exchange Listing

(Bloomberg) -- Canada’s Allied Gold Corp. has started a process to apply for a listing on the New York Stock Exchange, joining an industrywide migration to the world’s top bourse. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homeless

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Citi Diversity U-Turn Signals Wall Street’s Retreat Under Trump

(Bloomberg) -- “DEI is part of our DNA,” Citigroup Inc.’s head of talent said in an interview just two months ago, calling it not only a priority, but “a business imperative.”Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness

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3 Industrials Stocks in the Doghouse

Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 2.5% over the past six months. This drawdown was discouraging since the S&P 500 returned 5.6%.

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UFP Technologies (NASDAQ:UFPT) Exceeds Q4 Expectations

Medical products company UFP Technologies (NASDAQ:UFPT) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 41.9% year on year to $144.1 million. Its GAAP profit of $2.10 per share was 5.9% above analysts’ consensus estimates.

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Take-Private Deals Are Shrinking Brazil’s Wounded Stock Exchange

(Bloomberg) -- Companies are lining up to abandon Brazil’s stock market, joining dozens that have left in recent years as high interest rates sap valuations. Opportunistic investors are waiting with open arms.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent

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