Wall Street bounces back on renewed trade optimism
Wall Street rebounded on Wednesday as investor optimism got a boost from U.S. President Donald Trump’s remarks that talks with China on an interim trade deal were going “very well.”
Wall Street rebounded on Wednesday as investor optimism got a boost from U.S. President Donald Trump’s remarks that talks with China on an interim trade deal were going “very well.”
Citgo Petroleum Corp’s directors are unlikely to bow to pressure this week to resume dividend payments, two sources close to the discussions said, as the refiner cannot yet help Venezuela’s interim government ease creditors’ claims against its parent PDVSA that also are threatening its assets.
Elon Musk, wrapping up two days of testimony at his defamation trial on Wednesday, insisted his “pedo guy” Twitter message at the heart of the case was an “off-the-cuff” insult hurriedly written in anger and not meant to be taken literally.
Stocks rose Wednesday for the first time in four sessions amid more upbeat reports on the status of progress in a U.S.-China trade deal. …read more […]
Q3 2019 CARBO Ceramics Inc Earnings Call …read more […]
Walmart Inc for the first time on Wednesday revealed the breadth of customer information it collects as it came out in favor of consumers having “reasonable controls” with regard to collection, use and sharing of personal data.
United States Senator Elizabeth Warren said on Wednesday that she still expects Larry Page to testify in Congress, a day after he stepped down as chief executive of Alphabet Inc , Google’s parent company.
Altria makes the list Continue reading… …read more […]
Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter.
Alphabet’s leadership change has some investors hoping that the owner of Google will take a hard look at the cash-burning ventures championed by its founders.
Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going “very well” and a news report suggested key differences were being ironed out.
Oil prices surged more than 3% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude stockpiles.
U.S. Supreme Court justices on Wednesday appeared skeptical of Intel Corp’s bid to avoid a lawsuit accusing it of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars.
U.S. Supreme Court justices on Wednesday appeared skeptical of Intel Corp’s bid to avoid a lawsuit accusing it of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars. The justices heard an hour of arguments in Intel’s appeal of a lower court ruling reviving the proposed class action lawsuit that a judge decided in 2017 had been filed too late. The case is significant for companies because it could expand the time that many plan beneficiaries have to bring lawsuits, which could lead to higher damages. …read more […]
Wall Street gained ground on Wednesday in a broad-based rally as investor sentiment brightened after U.S. President Donald Trump said talks with China on an interim trade deal were going “very well.”
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.