Tag: sinks

Trump Media Sinks as SEC Declaration May Dilute Existing Holders

(Bloomberg) — Trump Media & Technology Group Corp. sank in late trading after the US Securities and Exchange Commission declared effective a regulatory filing that could dilute shareholders. Most Read from Bloomberg The long-awaited clearance lets investors in the firm’s derivatives, known as warrants, swap their holdings for shares in the company which can dilute […]

Mexico’s Peso Sinks as Sheinbaum Embraces Judicial Reform

(Bloomberg) — Mexico’s peso sank after President-elect Claudia Sheinbaum said a proposed reform of the nation’s judicial system would be among the first to be discussed in congress, spooking investors who worry it will erode checks on the ruling party. Most Read from Bloomberg A constitutional reform to the judiciary system will be part of […]

At least 39 killed as boat carrying migrants sinks off Yemen, U.N. says

A boat carrying 260 migrants sank off Yemen’s coast on Monday, killing at least 39 people and leaving 150 others missing, the United Nations’ international migration agency said Tuesday. The International Organisation for Migration said in a message posted on social media that 71 people had survived the sinking. The nationalities of the migrants on […]

Quicksand startles woman who suddenly sinks hip deep at Popham Beach

Jun. 6—Jamie and Patrick Acord were at Popham Beach State Park on Saturday evening, heading for the parking lot after spending a few hours strolling barefoot in the surf and looking for sand dollars. They were on the stretch of sand along Morse Point at peak high tide. Dozens of beachgoers were nearby. As the […]

Bath & Body Works stock sinks on Q2 guidance

Shares of Bath & Body Works (BBWI) are falling sharply after issuing disappointing second quarter guidance. The retailer’s first quarter earnings topped estimates while revenue was in line with Street expectations. For the second quarter, Bath & Body Works sees net sales between a decline of 2% to flat and diluted earnings per share between […]

Trump Lender Axos Sinks After Hindenburg Shorts Bank’s Stock

(Bloomberg) — Axos Financial Inc., which has lent to properties including former President Donald Trump’s flagship New York tower, plunged after Hindenburg Research said it was short the stock because of the bank’s exposure to problematic commercial real estate loans. Most Read from Bloomberg Shares of the company dropped as much as 16% after Hindenburg, […]