Month: November 2019

LVMH Moët Hennessy announced today that the luxury brand acquired Tiffany & Co. in an all-cash deal worth $16.2 billion. Yahoo Finance’s Dan Roberts, Julia La Roche and Brian Cheung discuss on YFi AM. …read more […]

(Bloomberg) — Teva Pharmaceutical Industries Ltd. and other generic drugmakers have held talks with the U.S. Justice Department in the past six months about resolving a long-running criminal antitrust probe of alleged price-fixing by the companies, according to people familiar with the matter.Among the possible outcomes that have been discussed are deferred prosecution agreements in which the companies would admit to certain allegations but would be shielded from indictment in exchange for cooperating with the investigation and paying fines.Talks are being held with drugmakers individually, and any one or all of the negotiations could fail to result in an agreement, …read more […]

Insiders invest in Energy Transfer, Uber Technologies, Gannett, Aramark and Plains GP Holding Continue reading… …read more […]

When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $150 billion in global investments and Dalio’s own net worth coming at $18.7 billion, he has earned guru-like status by taking the opinions of experts that disagreed with him into consideration.“I learned a great fear of being wrong that shifted my mind-set from thinking ‘I’m right’ to asking myself ‘How do I know I’m right?’ …read more […]

The ad comes almost one week after Warren ran a one-minute ad, titled “Elizabeth Warren Stands Up To Billionaires.” …read more […]

Garnish and Gather Owner Emily Golub joins Yahoo Finance’s Brian Sozzi and Alexis Christoforous to discuss her lawsuit against Target for knowingly and willfully violating trademark laws on The First Trade. …read more […]

Few people have neutral feelings about the 45th president of the United States. People either strongly support the current commander in chief or disapprove of him and his administration with a religious fervor.
But however you feel about President Trump, one thing is undebatable: The impeachment hearings will have an impact on the U.S. economy and global markets.
What risk does this pose to your investment portfolio? Nothing is certain in the world of finance, but we spoke with experts and discovered five things to keep a close eye on as the proceedings advance.

5 Ways the Impeachment Hearings Might Impact Stocks
1. The …read more […]

Yahoo Finance’s Ines Ferre joins The First Trade at the opening bell to break down some of the biggest headlines moving the market today. …read more […]

Shares of the combined company, which would be renamed as ViacomCBS Inc, are expected to start trading on Nasdaq from Dec.5 under the new ticker symbols “VIACA” and “VIAC”, the companies said. Earlier in August, CBS and Viacom agreed to merge, creating a company with more than $28 billion in revenue, as an increasingly competitive media landscape prompted their controlling shareholder to reunify the U.S. entertainment companies 13 years after breaking them up. The two companies are controlled by National Amusements Inc, the holding company owned by billionaire Sumner Redstone and his family. …read more […]