Corporate America appears to be rushing to get the most out of the decade-long bull market in stocks and bonds before a possible recession and election-year stock market volatility slam the IPO and credit windows shut.
The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.
The China-U.S. trade war is souring the profit and investment outlook for U.S. companies operating in the world’s second-biggest economy, a survey by a prominent American business association showed.
Bond yields climbed and stock markets held steady on Wednesday, as hopes of easing U.S.-China tensions and diminished risk of a no-deal Brexit prompted traders to take profit before key central bank meetings.
Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings.
Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings.
Discount brokerage company Charles Schwab Corp is cutting about 600 jobs after an internal review, a company spokeswoman confirmed on Tuesday.
International airlines are pinning their hopes on a change of government in Venezuela before some $4 billion owned to the firms by the state might be repaid, a top executive with the International Air Transport Association (IATA) said on Tuesday.
A group of U.S. senators asked President Donald Trump’s administration on Tuesday to assess U.S. export rules for Hong Kong, expressing concern China could acquire sensitive technologies because of the city’s special treatment under U.S. law.
Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group , with a stark choice: take a haircut or pony up even more cash.
Senior U.S. senators asked President Donald Trump’s administration on Tuesday to assess U.S. export controls with regard to Hong Kong, expressing concern China could acquire sensitive technologies because of the city’s special treatment under U.S. law.
General Electric Co is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate’s stake in the oilfield services provider to less than 50%, Baker Hughes said on Tuesday.
Baker Hughes said on Tuesday it would repurchase $250 million worth of its stock from General Electric Co and the industrial conglomerate’s presence in the oilfield services company’s board would shrink to one from five.
The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favored value over growth.
Bond yields climbed and a gauge of world stock markets recovered from previous lows to trade flat on Tuesday, as uncertainty grew over the mix of stimulus the European Central Bank will add to boost a slumping economy this week amid fresh signs global growth was slowing.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
