Trading Ideas
What General Electric's Latest Update Really Means for Investors
3 key takeaways from CEO John Flannery’s presentation at the Electrical Products Group conference. …read more […]
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Business News
Wall Street futures fall as Italy, Spain worries turn investors risk averse
(Reuters) – U.S. stock index futures fell on Tuesday led by bank stocks as investors moved to low-risk assets due to a deepening political crisis in Italy and a leadership challenge in Spain.
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Bayer could get U.S. approval for Monsanto deal on Tuesday: source
Bayer could be granted conditional U.S. antitrust approval for its planned takeover of Monsanto as soon as Tuesday, clearing a major hurdle for the $62.5 billion deal, a person familiar with the situation told Reuters. Bayer has already come to an agreement in principle on what it would take to win approval from the U.S. Department of Justice (DoJ), after adjusting the planned divestment of assets to include digital farming to assuage antitrust concerns. Both Bayer and the DoJ declined to comment. …read more […]
Business News
Alibaba leads consortium in $1.4 billion deal for stake in Chinese courier ZTO
SHANGHAI (Reuters) – Alibaba Group Holding Ltd on Tuesday said it has led a consortium of investors to buy about 10 percent of Chinese courier ZTO Express (Cayman) Inc for $1.38 billion, as part of the e-commerce firm’s push into offline services.
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What Happens to Sprint if the T-Mobile Deal Fails?
Prospects for the brand are limited, but some exist. …read more […]
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Could Plug Power Inc. Be a Millionaire Maker Stock?
The fuel cell stock has popped since reporting first-quarter 2018 earnings. …read more […]
Trading Ideas
This High-Yield Stock Has a Solid Path to Growth
Partnering up with larger players will help this high-yield midstream player grow without diluting unitholders or breaking the bank. …read more […]
Business News
Worsening Italian crisis batters European markets
LONDON (Reuters) – A worsening political crisis in Italy provoked a second day of selling on European markets, with the euro cut to an 11-month low, stocks punished and short-term borrowing costs surging for the government in Rome.
Trading Ideas
Your Retirement Countdown: 5 Moves to Make Before Calling It Quits
Ready to bring your career to a close? Here’s what you’ll need to do first. …read more […]
Business News
In Portugal, trust in China is the art of the deal
LISBON (Reuters) – Utility company EDP may balk at the meager 5 percent premium offered for its shares by China Three Gorges (CT) but the battle for Portugal’s biggest business has largely played out already.
Business News
No antitrust probe for Lufthansa over fares after Air Berlin collapse
BERLIN (Reuters) – Lufthansa will not be investigated for market abuse over rising ticket prices following the collapse of local rival Air Berlin , the German cartel office said on Tuesday.
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Trump to campaign in Tennessee to thwart Dems’ US Senate bid
Diving into the midterm elections, President Donald Trump is seeking to build a stable of Republicans who will help promote his agenda and serve as a check on Democrats aiming to win majorities in Congress. Trump is traveling to Nashville, Tennessee, on Tuesday to raise campaign cash for Republican Rep. Marsha Blackburn, the party’s leading U.S. Senate hopeful in Tennessee, and headline a rally with his most loyal supporters. Blackburn is expected to face Democratic former Gov. Phil Bredesen to replace Republican Sen. Bob Corker, who is retiring. …read more […]
Business News
How the world’s biggest private equity oil and gas industry bid collapsed
MELBOURNE (Reuters) – Blame it on Trump, Iran or Venezuela. Rising oil prices combined with a heavy debt load killed the world’s biggest private equity oil and gas industry deal last week.
Business News
Deepening Italian crisis batters European markets
LONDON (Reuters) – A deepening political crisis in Italy provoked a second day of heavy selling on European financial markets, with the euro cut to a 6-1/2 month low, stocks punished and short-term borrowing costs surging for the government in Rome.
Business News
Nestle plans to cut up to 500 IT jobs in Switzerland
ZURICH (Reuters) – Nestle plans to eliminate up to 500 information technology jobs at its Swiss headquarters as its shifts work to countries including Spain, Portugal and Italy, the food and beverage giant said on Tuesday.