U.S. investors target buyback stocks in bet on Trump tax plan U.S. investors target buyback stocks in bet on Trump tax plan: Fund managers from Columbia Threadneedle Investments, Hodges Capital, and SSI Investment Management are among those that are adding to or holding on to their shares of those of […]
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Broadcom plans record tech deal with Qualcomm bid Broadcom plans record tech deal with Qualcomm bid: Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, three sources familiar with the matter said on Friday, an attempt to create a […]
Trump taps Fed centrist Powell to lead U.S. central bank Trump taps Fed centrist Powell to lead U.S. central bank: President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling […]
Brazil OKs amended bill on car hailing apps after Uber lobbying Brazil OKs amended bill on car hailing apps after Uber lobbying: Dara Khosrowshahi, who held talks with senior Brazilian officials in the capital Brasilia, had called on senators to remove rules in proposed legislation that would require Uber drivers […]
Buy signal blares for cell-tower stocks in 2017 Buy signal blares for cell-tower stocks in 2017: Shares of American Tower Corp (AMT.N), Crown Castle International Corp (CCI.N) and SBA Communications Corp (SBAC.O) all closed up more than 2 percent on Monday. Reuters on Monday reported that SoftBank Group Corp (9984.T) […]
U.S. regulator approves CenturyLinks $24 billion Level 3 acquisition U.S. regulator approves CenturyLinks $24 billion Level 3 acquisition: Telecommunications provider CenturyLink Inc (CTL.N) on Monday won anti-trust approval from the U.S. Federal Communications Commission for its purchase of Level 3 Communications Inc (LVLT.N), the agency said. With the $24 billion […]
Asia sluggish after Wall Street slips dollar sags on White House woes Asia sluggish after Wall Street slips dollar sags on White House woes: Asian stocks were mostly sluggish on Tuesday after weakness on Wall Street, while the dollar sagged following news that investigators probing Russian interference in the 2016 […]
Toyota scrambles to ready game-changer EV battery for mass market Toyota scrambles to ready game-changer EV battery for mass market: All solid-state battery technology is a next-generation, high-capacity energy storage device that improves on today’s lithium-ion batteries, replacing the liquid or gel-form electrolyte with a solid, conductive material. Among other […]
CVS deal for Aetna could help retailer face Amazon entry CVS deal for Aetna could help retailer face Amazon entry: Shares of Aetna, the third-largest U.S. health insurer, closed down 3 percent on Friday after closing 12 percent higher on Thursday on reports of the deal. CVS Health was down […]
GE explores divesting its transportation healthcare IT businesses GE explores divesting its transportation healthcare IT businesses: General Electric Co (GE.N) is exploring divesting its transportation and healthcare information technology businesses, as it seeks to reshape its portfolio under new Chief Executive John Flannery, people familiar with the matter said. Such […]
