The benchmark S&P 500 was little changed on Tuesday, pausing after growing expectations of a trade deal between the United States and China helped boost the three main U.S. stock indexes to record highs in the previous session.
Investor’s largest sales of the 3rd quarter Continue reading… …read more […]
Pioneer Natural Resources Chief Executive Scott Sheffield on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.
Startup company Kabbage is a data and technology platform that’s using artificial intelligence to provide lines of credit to small businesses online. Kabbage CEO & Co-founder Rob Frohwein joins Yahoo Finance’s Zack Guzman and Heidi Chung, along with Radio Host & Podcaster Ben Kissel, to discuss the startup. …read more […]
The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines.
Billionaire David Einhorn offered insights into Greenlight Capital’s quarterly returns in his 2019 Q3 investor letter, giving his opinion on a number of the positions held by the hedge fund. You can download a copy of it here. Greenlight Capital managed a return of 24% during the first 3 quarters of 2019, outstripping the S&P 500 Index ETFs by 3.5 percentage […] …read more […]
AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans that reduced data speeds if they used too much, the Federal Trade Commission (FTC) said on Tuesday.
Steelmaker ArcelorMittal will not reverse its decision to withdraw from a deal to buy Italian steelmaker Ilva regardless of government efforts to salvage the accord, a source close to the matter said on Tuesday.
The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines.
The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines. Chairman Ajit Pai and two other Republican commissioners voted to approve the deal while two Democratic commissioners voted against it. The FCC commissioners voted earlier this month but the order was not made public until they could cut confidential information and give commissioners time to draft statements. …read more […]
Walgreens Boots Alliance Inc has been exploring whether to go private following private equity interest in the U.S drug store chain, according to people familiar with the matter.
Walgreens Boots Alliance is exploring a potential deal to go private, according to Bloomberg. If the deal goes through, it could become the largest leveraged buyout in history. Yahoo Finance’s Zack Guzman and Heidi Chung discuss with Radio Host & Podcaster, Ben Kissel. …read more […]
The Justice Department is set to announce a strike force aimed at identifying and prosecuting companies that fix prices or collude to push up the cost of the billions of dollars worth of U.S. government purchases, according to a Justice Department official.
In recent months, Walgreens has held preliminary discussions with some of the world’s largest private equity firms about putting together what would be the biggest ever leveraged buyout, the sources said. Walgreens has a market value of $55 billion (£42.74 billion), and its debt at the end of August totaled $17 billion. Walgreens has tasked investment bank Evercore Partners Inc with exploring whether a deal can be put together, the sources said, cautioning that a deal is far from certain. …read more […]
Boeing CEO Dennis Muilenburg is under scrutiny as more questions linger after the two deadly crashes involving 737 Max jets. However, the executive has offered to forgo all bonuses this year. Yahoo Finance’s Zack Guzman and Heidi Chung discuss with Radio Show Host Ben Kissel. …read more […]
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