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Analysts stumped by 944% jump in Liberty Holding

Bloomberg TripAdvisor Holdings Inc.’s crazy week left analysts scratching their heads about what might have caused the stock to surge as much as 2,700% in one session. The series B shares soared on unusually high volume, and the move was so inexplicable that the company issued a statement indicating it was “not aware of the reasons for the recent volatility ...

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European banks seek to avert stashing billions for bad loans

Bloomberg European banks are seeking to avoid setting aside billions of euros to cover bad loans after the coronavirus outbreak, in a departure from US competitors collectively taking a $25 billion hit. European lenders are set to report comparatively small increases in loan loss reserves in the first quarter and plan a similar approach during the rest of the year, ...

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‘ECB is flexible, could do more if needed’

Bloomberg The European Central Bank (ECB) could take further action if needed to support the euro area through the economic crisis sparked by the coronavirus outbreak, policy makers at the institution said. The central bank has already unleashed a barrage of support over the past few weeks to cushion countries across the bloc, including committing to spend more than 1 ...

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