(Reuters) – The S&P 500 rose on Friday, helped by healthcare stocks after President Donald Trump blasted high drug prices but avoided taking aggressive measures to cut them.
(Reuters) – Activist investor Carl Icahn on Friday added two more nominees to his slate for the board of SandRidge Energy Inc after the company expanded its board, suggesting that the hedge fund manager planned to press ahead with the proxy fight.
LAS VEGAS (Reuters) – A hedge fund industry gathering in Las Vegas this week was far less decadent than those of the past, as big money investors focused less on gambling and champagne-soaked “Sin City” celebrations and more on the grind of vetting fund managers.
NEW YORK (Reuters) – The S&P 500 inched higher on Friday, helped along by healthcare stocks after U.S. President Donald Trump gave a speech blasting high drug prices but avoided taking aggressive measures to cut them.
WASHINGTON (Reuters) – Senior American, Canadian and Mexican officials on Friday ended a week of talks without a deal to modernize NAFTA, agreeing instead to resume negotiations soon, ahead of a deadline next week issued by a key U.S. congressional leader.
WASHINGTON (Reuters) – The United States and United Arab Emirates signed a deal on Friday to resolve U.S. claims that Gulf carriers have received unfair government subsidies, sources briefed on the matter said.
Don’t pour one out for Brooklyn Nine-Nine just yet. The canceled sitcom might …read more […]
(Reuters) – Wall Street moved sideways on Friday as technology stocks dipped after a six-day rally and healthcare shares rose on expectations that U.S. President Donald Trump’s speech on drug prices would largely spare the industry.
LISBON (Reuters) – Trading in the shares of utility company EDP-Energias de Portugal was suspended on Friday, as media reported that a Chinese group was set to make a takeover bid for the firm.
WASHINGTON (Reuters) – The Federal Reserve board will hold a public vote on whether to lift growth restrictions on scandal-hit Wells Fargo following pressure from Democratic Senator Elizabeth Warren, the Massachusetts lawmaker said on Friday.
WASHINGTON (Reuters) – Mexico will not be rushed into revamping the North American Free Trade Agreement (NAFTA) to get a deal, Economy Minister Ildefonso Guajardo said on Friday, while his Canadian counterpart spoke of a long “to-do list” in the negotiations.
WASHINGTON (Reuters) – Ten American and foreign automakers went to the White House on Friday to push for a weakening of U.S. fuel efficiency standards through 2025, while President Donald Trump used the occasion to launch a fresh attack on the North American Free Trade Agreement that has benefited the companies.
(Reuters) – The S&P 500 was flat on Friday as technology stocks fell after a six-day rally, while healthcare shares rose on expectations that President Donald Trump’s speech on drug prices will largely spare the industry.
(Reuters) – Symantec Corp shares lost a third of their value on Friday after the cyber-security firm disclosed its board’s audit committee was investigating “concerns” raised by a former employee and that it might have to restate results.
At least nine analysts downgraded the stock. Symantec disclosed the whistleblower probe late on Thursday, saying it might miss a deadline for filing its annual 10-K report, may need to restate some financial results and might revise guidance. Symantec Vice President Cynthia Hiponia told analysts on a call on Thursday that the probe began “in connection with concerns raised by a former employee.” She did not say whether that person had approached Symantec or raised the issue with securities regulators. …read more […]
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