Month: November 2018

U.S. stocks opened higher on Thursday, leaving behind a brutal October, as a slew of positive earnings reports helped boost risk sentiment.

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Activist investor Carl Icahn sued https://carlicahn.com/commenced-litigation-against-dell-technologies Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock .

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New applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labor market conditions tightened further.

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Fiat Chrysler Automobiles NV on Thursday reported a 15.7 percent rise in U.S. auto sales for October, helped by higher demand for its Jeep sport utility vehicles and Ram pick-up trucks.

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U.S. stocks were on pace for third straight day of gains on Thursday, leaving behind a brutal October, as improving risk sentiment globally was further boosted by a string of robust earnings reports.

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An activist hedge fund led by the former finance chief of JP Morgan Chase has taken a 3.1 percent stake in Deutsche Bank , saying it backed new CEO Christian Sewing’s efforts to turn around Germany’s biggest bank, but there was more to do.

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Sears Holdings Corp , which filed for Chapter 11 bankruptcy protection last month, said on Thursday it would license out the manufacturing of some its Kenmore and DieHard products to third parties.

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New applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labor market conditions tightened further.

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U.S. stocks eyed a third day of gains on Thursday, leaving behind a brutal month of losses, as improving risk sentiment globally was further boosted by a string of positive earnings reports.

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German consumer group vzbv filed a lawsuit against Volkswagen on Thursday over diesel emissions tests rigging, using new class-action rules which came in on Nov. 1, potentially making it easier to win damages from companies.

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U.S. health insurer Cigna Corp beat analysts’ estimates for quarterly profit and raised its full-year earnings forecast on Thursday, as it kept a tight lid on costs of the services provided under its health plans.

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Malaysia’s long-haul budget carrier AirAsia X on Thursday appointed Nadda Buranasiri as its new group chief executive officer to take over from its co-founders.

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Activist investor Carl Icahn filed a lawsuit against Dell Technologies on Thursday, alleging that the computer maker did not disclose “basic information” related to its plans to go public by buying back its tracking stock .

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U.S. homebuilders’ earnings have been hit by rising mortgage rates in the latest quarter, but their shares are showing signs of recovering.

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Tuesday’s midterm U.S. congressional elections stand to have broad effects on federal government policies that could ripple through industries from healthcare and tech to gunmakers and prisons.

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