Xerox Corp on Thursday threatened to go hostile with its $33.5 billion buyout bid for HP Inc , if the personal computer maker did not agree to a “friendly” discussion before Nov. 25.
Reports say Charles Schwab is buying TD Ameritrade, joining two of the biggest discount brokers. If the groups combine, the new company would be managing about five trillion dollars in assets. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss on The First Trade. …read more […]
Company accelerates with sign up of new AR ecomm customers NEW YORK and TORONTO, Nov 21, 2019 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality for e-commerce and AR learning applications, […]
(Bloomberg) — A year before Elon Musk was ready to unveil Tesla’s first pickup model, the chief executive officer was setting a low bar for the amount of demand it will draw. Dig into the dynamics of the fiercely competitive and tough-to-crack U.S. truck market, and it’s easy to see why.Japanese automakers have spent two decades and billions of dollars trying to get in on the big pickup gravy train. But 20 years after Toyota first started making the Tundra, Detroit brands continue to crush the competition, controlling almost 92% of the half-ton truck segment, according to IHS Markit. Customers …read more […]
Xerox Corp on Thursday threatened to go hostile with its $33.5 billion buyout bid for HP Inc , if the personal computer maker did not agree to a “friendly” discussion before Nov. 25. HP on Sunday rejected Xerox’s offer of $22 per share, saying it undervalued the company and that it was open to exploring a bid for the U.S. printer maker. “Xerox will take its compelling case to create superior value for our respective shareholders directly to your shareholders,” the company said in a letter to HP’s board. …read more […]
Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handful of mega projects at home and abroad. The vast program follows growing pressure from investors on the U.S. giant to free up cash as it plans to expand its spending for new developments in Guyana, Mozambique, Papua New Guinea and the United States. Exxon, the world’s top listed energy company, has struck a number of deals in recent months including the …read more […]
MONTREAL/WINNIPEG, Nov 21 (Reuters) – A strike at Canada’s biggest railroad, Canadian National Railway Co, entered its third day on Thursday, as the company said talks were continuing with workers, assisted by federally appointed mediators. Some 3,200 unionized employees, including conductors and yard workers, hit picket lines on Tuesday amid softening demand for freight service. The railway has proposed binding arbitration, an option that the Teamsters Canadian Rail Conference union has rejected. …read more […]
The U.S. Federal Energy Regulatory Commission (FERC) is scheduled on Thursday to vote on four proposed liquefied natural gas (LNG) export facilities in Texas totaling about 6.2 billion cubic feet per day (bcfd) of capacity. The projects are NextDecade Corp’s 3.6-bcfd Rio Grande, Cheniere Energy Inc’s 1.5-bcfd Corpus Christi Midscale, Exelon Corp’s 0.8-bcfd Annova LNG Brownsville and Texas LNG’s 0.3-bcfd Brownsville. …read more […]
A House committee approved a proposal to decriminalize and tax marijuana at the federal level. …read more […]
The three major U.S. indexes were set to open flat on Thursday after mixed signals on trade and a row between Washington and Beijing over the Hong Kong protests cast doubts on the timing of a deal to end the prolonged tariff dispute.
The institutional tranche of Saudi Aramco’s initial public offering (IPO) has received more than 64 billion riyals ($17.1 billion) in orders, Saudi-owned news channel Al-Arabiya said on Thursday, citing a banking source.
Verizon and its U.S. rivals have embarked on an aggressive marketing push to get more customers to use their 5G networks, a technology that can offer 20-times faster data speeds than 4G long-term evolution (LTE) networks. …read more […]
Cleveland Federal Reserve President Loretta Mester said on Thursday that financial firms and regulators should be more agile and share information to better combat cybersecurity threats.
The number of Americans filing applications for unemployment benefits was unexpectedly unchanged at a five-month high last week, suggesting some softening in the labor market.
U.S. stock index futures moved sharply higher on Thursday after South China Morning Post reported that U.S. tariffs on Chinese imports due Dec. 15 could be delayed even if a trade deal was not signed by then.
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