Asian shares up on US tax earnings hopes Mueller report hits dollar Asian shares up on US tax earnings hopes Mueller report hits dollar: Asian shares rose firmly on Friday as strong U.S. earnings and a step forward in Congress on U.S. tax reform brightened the mood, even though investors […]
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Latest estimate shows Senate tax plan would leave low-income households with higher tax bills Latest estimate shows Senate tax plan would leave low-income households with higher tax bills: The Senate’s latest tax plan would lavish billions of dollars in tax cuts on the wealthiest Americans but leave those at the […]
Meredith Time Inc restart deal talks with Koch brothers support Meredith Time Inc restart deal talks with Koch brothers support: Time Inc is in talks with Meredith Corp again to sell itself in a potential deal backed by billionaire brothers Charles Koch and David Koch, the New York Times reported. […]
Buffalo Wild Wings shares soar on report of takeover bid Buffalo Wild Wings shares soar on report of takeover bid: Buffalo Wild Wings’ shares rose nearly 26 percent in early trading on Tuesday, a day after a report said the company received a $2.3-billion takeover bid from private-equity firm Roark […]
GE tumbles for a second day after announcing major overhaul GE tumbles for a second day after announcing major overhaul: GE’s stock fell as much as 8.2 percent to $17.46. It was last down 5.3 percent in late afternoon trade, adding to its 7.2 percent drop on Monday, which set […]
Shrinking GE rattles investors shares hit 5 year low Shrinking GE rattles investors shares hit 5-year low: General Electric Co’s (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the […]
Chip stocks tumble as top performer Nvidia Chip stocks tumble as top performer Nvidia set to report results: hares of chipmakers slumped on Thursday ahead of a quarterly earnings report from Nvidia Corp (NVDA.O), the star performer of the high-flying sector over the past year. The Philadelphia Semiconductor index .SOX […]
Asian Stocks slip as U.S. tax doubts snap global winning streak Asian Stocks slip as U.S. tax doubts snap global winning streak: MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent. Japan’s Nikkei .N225 lost 1.1 percent, slipping off Thursday’s 21-year high after almost relentless 16-percent rally […]
Asia stocks near decade highs on buoyant Wall Street kiwi rallies Asia stocks near decade highs on buoyant Wall Street kiwi rallies: Asia stocks hovered near a decade high on Thursday following another record breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the […]
Oil markets stable but doubts over recent bull run emerge Oil markets stable but doubts over recent bull run emerge: However, traders said a price rally that has pushed up Brent crude by over 40 percent since July may have run its course due to increases in U.S. supplies and […]