Activist investor Daniel Loeb’s Third Point LLC on Friday disclosed a new position in American Express Co , saying the market under-appreciates the strategic pivot of the company.
Apple Inc said on Friday it had found some issues affecting some of its iPhone X and 13-inch MacBook pro products and said the company would fix them free of charge.
Twitter Inc made another attempt to make users’ tallies of followers more accurate on Friday, subtracting millions of suspicious followers which had reappeared on the social media service since a major purge in July.
Amazon.com Inc on Friday said it would carry more Apple Inc products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost sales.
Campbell Soup Co , which is in the midst of a proxy battle with Third Point LLC, said on Friday it had offered to add two of the hedge fund’s nominees to its board after the investment firm lowered the number of nominees to five from 12.
Stocks around the globe suffered their biggest drop in two weeks on Friday as weak Chinese economic data sapped demand for equities while oil prices weakened again on Friday.
Wall Street’s three major indexes closed down on Friday after weak Chinese data and volatile oil prices raised concerns about global growth.
Oil prices fell nearly 1 percent on Friday as global supply increased and investors worried that oil demand growth could slow, with U.S. crude notching its longest stretch of daily declines since 1984.
White House adviser Peter Navarro on Friday lashed out at efforts by current and former Wall Street executives to urge the United States and China to end their trade dispute, calling them “unregistered foreign agents” who were trying to pressure President Donald Trump into a deal.
Stocks around the globe were closing in on their biggest drop in two weeks as soft Chinese data hit demand for risky assets while oil prices weakened again on Friday.
The S&P 500 fell steadily on Friday and deepened its losses as the day wore on with shares of large technology, industrial and material companies taking a hit after weak Chinese data and a slide in oil prices raised concerns about global growth.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
A U.S. federal judge in Montana halted construction of TransCanada Corp’s Keystone XL oil pipeline on Thursday, saying a U.S. environmental analysis “fell short of a ‘hard look'” at the cumulative effects of greenhouse gas emissions and the impact on Native American land resources.
Shares of General Electric Co tumbled on Friday after a JP Morgan analyst slashed his target price on the stock to a lowly $6, dealing a fresh blow to the U.S. industrial conglomerate’s flagging share price.
The S&P 500 fell more than 1 percent on Friday, with shares of large technology, industrial and material companies taking a hit as weak Chinese data and a slide in oil prices raised concerns about global growth.
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