ASML's (ASML) long-term issuer default rating was affirmed at A+ by Fitch Ratings on Monday, with a stable outlook. Fitch said that key drivers for the rating were the company's "exceptionally strong" position in the market as a lithography tool manufacturer, a favorable growth outlook, and limited threat from alternative technologies.
Morningstar DBRS assigned initial credit ratings to FVCBankcorp, Inc. (FVCB), including a Long-Term Issuer Rating of BBB with a Stable trend. ?We are extremely pleased to have been assigned initial investment grade credit ratings from Morningstar DBRS for both the Company and the Bank.
* Ukraine aims to swap GDP warrants for bonds to resolve default issues. * Ad Hoc Group yet to fully agree on terms of new C Bonds. * Ukraine faces pressure to finalize deal by year-end due to budget constraints. By Karin Strohecker.
* FTSE 100 down 0.2%, FTSE 250 down 0.7% * Melrose slides, names new CFO. * US announces zero tariff pharmaceutical deal with Britain. Dec 1, 2025 - UK stocks dipped on Monday, dragged down by losses in industrials stocks, amid a general risk-off global sentiment across markets, with investors monitoring domestic data sets and the U.S. Federal Reserve monetary path.
The United States, which on Monday assumed the 12-month presidency of the Group of 20 major economies, will focus on driving economic growth and prosperity, the U.S. State Department said.
After a quarter severely impacted by trade tensions, the Canadian economy returned to growth in Q3 with an annualized increase of 2.6%, surprising economists by a wide margin, said National Bank of Canada. Trade data was the main driver of this volatility, significantly boosting growth in Q3 after holding it back in Q2, noted the bank.
All three major US stock indexes were edging lower in late-morning trading Monday as November Institute for Supply Management's US manufacturing index declined unexpectedly from October. In company news, Synopsys (SNPS) said it has expanded its strategic partnership with Nvidia (NVDA) to link its engineering software more closely to the chipmaker's AI and accelerated computing platforms.
The Canadian economy Friday surprised to the upside in a "major way" in Q3, with real gross domestic product expanding at a 2.6% annual rate, which blew a hole through the 0.5% consensus estimate -- and more than wiped out the 1.8% annualized Q2 contraction, said Rosenberg Research.
* Wall Street stocks fall after five straight gains. * Brent crude gains rise more than 1% * Benchmark 10-year yields rise. * Gold hits six-week high. By Chibuike Oguh.
The Federal Home Loan Bank of Chicago today announced the results of its 2025 director election. This press release features multimedia. Wisconsin members elected Bradley J. Schroeder. Schroeder is chairman, president and chief executive officer of DMB Community Bank, an $830 million commercial bank headquartered in Madison, Wisconsin.
* Yen gains against euro, pound, and Australian dollar. * US manufacturing slump deepens in November. * Fed interest rate cut this month nearly fully priced in. * Dollar eases as traders weigh outlook for US rates, Fed leadership. By Saqib Iqbal Ahmed and Amanda Cooper.
* Indexes off: Dow 0.25%, S&P 500 0.37%, Nasdaq 0.55% * Crypto-linked stocks fall after bitcoin drops below $90k. * Synopsys (SNPS) jumps after Nvidia (NVDA) invests $2 bln. * US manufacturing slump deepens in November. * Tesla slips as Nov registrations slump in key European markets. By Johann M Cherian and Pranav Kashyap.
* German 10s30s curve near steepest level in over six years. * Analysts flag risks of 2026 rate cut, markets price only 25% chance. * BTP-Bund spread narrows to 16-year low. * Euro area investors look to U.S. Treasuries for direction. By Stefano Rebaudo.
Remittances to Mexico declined 1.7% from a year earlier in October, the nation's central bank said on Monday, totaling $5.64 billion. October marked the seventh straight month of year-on-year declines in the remittances the country receives, contrasting with sharp increases reported for Central American countries in 2025.
* Online spending on Black Friday rose 9% from last year. * Wealthy online shoppers drove 6.3% Cyber Monday sales growth. * Lower-income consumers hunted for deals at Walmart (WMT), Target (TGT). By Nicholas P. Brown and Chandni Shah.
The Institute for Supply Management's US manufacturing index fell to 48.2 in November from 48.7 in October, compared with expectations for an increase to a 49.0 reading in a survey compiled by Bloomberg as of 7:55 am ET. There were declines in the readings for new orders, employment and order backlogs but gains in the readings for production and prices.
U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted.
U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted. The Federal Reserve's Beige Book report last week said overall consumer spending declined further by mid-November.
New Orders Contracting; Production Expanding; Employment Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Increasing; Exports and Imports Contracting. TEMPE, Ariz. The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management? Manufacturing Business Survey Committee.
The S&P Global Canada Manufacturing Purchasing Managers' Index, a composite index designed to provide an overview of the health of the manufacturing sector, came in at 48.4 in November, down from October's 49.6, said S&P Global on Monday.
* Silver hits all-time high of $57.86 per ounce. * Fed Chair Jerome Powell to speak later in the day. * Gold & silver in a strong sideways-to-uptrend, analyst says. By Anmol Choubey. Gold prices rose to a six-week high on Monday, supported by growing expectations of U.S. interest rate cuts and a sliding dollar, while silver struck a record high ahead of key U.S. economic data.
Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome Powell to gauge the central bank's policy decision later this month.
Canada's manufacturing sector contracted at a steeper pace in November as trade uncertainty continued to hold back output and new orders, data showed on Monday. The S&P Global Canada Manufacturing Purchasing Managers' Index fell to 48.4 last month from 49.6 in October.
Apimeds Pharmaceuticals US Inc (APUS) : * APIMEDS AND MINDWAVE ANNOUNCE MERGER, INTEGRATING BIOTECH GROWTH WITH AI-DRIVEN DIGITAL TREASURY YIELD GENERATION BACKED BY $100M PIPE Source text: Further company coverage:
Apimeds Pharmaceuticals US, Inc. (APUS) announced a merger with MindWave Innovations Inc, uniting Apimeds? late-stage, non-opioid pain-management biologic portfolio with MindWave?s AI-driven Bitcoin treasury, digital asset yield generation, and $NILA-powered ecosystem.
Brazil's central bank chief Gabriel Galipolo said on Monday that inflation expectations and forecasts have improved but remain short of the bank's 3% target, while arguing there is no need to signal any policy shift. "Data show we are not yet where our mandate requires," he said at an economic conference hosted by brokerage XP in Sao Paulo.
* Futures off: Dow 0.43%, S&P 500 0.65%, Nasdaq 0.93% * Shoppers spent $11.8 bln online on Black Friday. * Crypto-linked stocks fall after bitcoin drops below $90k. * Synopsys (SNPS) jumps after Nvidia (NVDA) invests $2 bln. * Tesla slips as Nov registrations slump in key European markets. By Johann M Cherian and Pranav Kashyap.
Gold prices rose early on Monday, climbing for a seventh-straight session as traders anticipate another cut to interest rates from the Federal Reserve next week.
Wall Street futures pointed moderately lower pre-bell Monday as traders weighed a possibly tighter monetary policy in Japan and awaited fresh economic data.
Enerflex (EFXT) was at last look up more than 2% and at 52 week high levels in US premarket trade Monday as it announced that Enerflex Inc., a wholly owned subsidiary, on Monday commenced a private offering to eligible purchasers of $400 million in aggregate principal amount of senior notes due 2031, subject to market and other conditions.
BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and recent comments from policymakers hinting at an early cut.
U.S. consumers shrugged off worries about the economy after their Thanksgiving dinners and went on a $23.6 billion three-day online shopping frenzy that exceeded analyst expectations, kicking off the holiday season. Adobe Analytics projected $14.2 billion in online spending on Cyber Monday, which would bring online spending to roughly $38 billion for the four-day period after Thanksgiving.
U.S. shoppers are expected to spend $14.2 billion on Cyber Monday, a report from Adobe Analytics predicted, as budget-strained consumers lap up online discounts. Americans will spend 6.3% more online from a year earlier, on Cyber Monday, which is traditionally seen as the country's biggest online shopping day, marking the finale of the Thanksgiving shopping weekend.
* European stock indexes open lower, defence stocks fall. * Bank of Japan governor says will consider raising rates. * Bitcoin down, gold at six-week high. By Elizabeth Howcroft.
Enerflex Ltd. (EFXT) today announced that Enerflex Inc., a wholly owned subsidiary of Enerflex (EFXT), commenced a private offering to eligible purchasers of $400 million in aggregate principal amount of senior notes due 2031, subject to market and other conditions.
Union Credit, the first marketplace that embeds firm, one-click credit offers into everyday digital experiences, is calling on credit unions to take an active role in rebuilding consumer confidence in 2026. Union Credit conducted a survey during the government shutdown in October and November to understand how economic uncertainty shapes financial decisions.
The US dollar fell against its major trading partners early Monday before a busy week, with ADP private payrolls due Wednesday the highlight, as the government's November employment report set for Friday is delayed until Dec. 16.
The benchmark US stock measures were lower before Monday's opening bell as investors await a key inflation report later in the week and comments from Federal Reserve Chair Jerome Powell. The S&P 500 fell 0.6% and the Dow Jones Industrial Average was down 0.4% before the bell, while the Nasdaq lost 0.7%. The indexes closed Friday higher, stretching their winning streak to a fifth session.
* Futures off: Dow 0.37%, S&P 500 0.58%, Nasdaq 0.73% * Shoppers spent $11.8 bln online on Black Friday. * Crypto-linked stocks fall after bitcoin falls below $90k. By Johann M Cherian and Pranav Kashyap.
Endeavour Silver (EXK) said Monday it launched a $300 million private offering of unsecured convertible senior notes due 2031. The company expects to grant the initial purchasers an option to buy up to an additional $45 million of the notes. Endeavour said it plans to use the net proceeds to repay its senior secured debt facility with ING Capital and Societe Generale, among other things.
A sharp sell-off following the CME bitcoin futures open, compounded by hawkish signals from the Bank of Japan, dragged the CoinDesk 20 down nearly 6% on Monday.
The Bombardier team is proud to share that Moody?s has upgraded the company?s credit rating from B1 to Ba3, with a positive outlook. This achievement reflects the company?s strong and consistent execution across business segments, solid financial performance and disciplined deleveraging efforts over recent years.
ST. LOUIS, Dec. 1, 2025 Post Holdings, Inc. (POST) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $1,300.0 million in aggregate principal amount of senior notes due 2036.
The yen has been the best-performing G10 currency at the start of this week, said MUFG. It has resulted in USD/JPY falling to an intra-day low overnight Sunday of 155.31 as it moves further below the high of 157.89 set on Nov. 20, wrote the bank in a note to clients.
Chile's economic activity rose 2.2% in October when compared to a year earlier, central bank data showed on Monday, landing slightly above market forecasts as economists polled by Reuters expected a 2.0% expansion. It was the sixteenth consecutive month of expansion on a yearly basis, boosted mainly by growth in trade and services, according to the monetary authority.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.