The U.S. made its final plea in the trial over AT&T Inc.’s proposed takeover of Time Warner Inc., telling a judge that consumers will pay the price if the owner of the country’s biggest pay-TV company … …read more […]
(Reuters) – U.S. stocks rose on Monday as strong earnings reports from McDonald’s and a slate of merger announcements lifted sentiment, while inflation worries were kept in check after tepid data on U.S. income and spending.
Botox maker Allergan’s shares fell 4.2 percent to $155.16 (112.8 pounds) in late-morning trading, and are down more than a third over the last year. Allergan has hired multiple advisers, Saunders said on a Monday conference call following the company’s quarterly earnings. It is considering five options: deploying capital to buy back shares, doing divestitures, splitting the company, making acquisitions, or continuing to operate Allergan as is. …read more […]
LONDON (Reuters) – OPEC oil output fell in April to a one-year low due to declining production in Venezuela and lower shipments from African producers, a Reuters survey found, sending compliance with a supply-cutting deal to another record.
(Reuters) – Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in the largest-ever tie-up between U.S. refiners, giving the combined company a nationwide presence and increased access to growing export markets.
BILLERICA, Mass.—Entegris, Inc. (NASDAQ: ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, today reported its financial results for the Company’s first quarter ended March 31, 2018. First-quarter sales were $367.2 million, […]
Exelixis is likely to beat on earnings when it reports first-quarter results (May 2) driven by strong growth of Cabometyx sales. …read more […]
WASHINGTON (Reuters) – U.S. Treasury officials are meeting with about 10 industry groups on Monday to discuss the latest draft of legislation that would tighten scrutiny of foreign investment in order to limit Chinese efforts to acquire sophisticated U.S. technology, three sources familiar with the meeting said.
Disney’s “Avengers: Infinity War” broke domestic and international weekend box office records, beating out “Star Wars: The Force Awakens” by more than $2 million. The super-hero flick was also one of the most expensive to produce, accounting for more than 5% of Disney’s Studio Entertainment costs last year. Watch Walt Disney shares trade in real-time here. …read more […]
(Reuters) – McDonald’s Corp blew past analysts’ forecasts for profit and sales on Monday, helped by strength in overseas markets and U.S. consumers on average spending more in its restaurants.
If you’re seeking value in the oil and natural gas sector, Hi-Crush Partners, Kinder Morgan, and ExxonMobil should be on your short list. …read more […]
TORONTO (Reuters) – Canada’s stock exchange, the world’s sixth largest, resumed trading on Monday, after its operator fixed a hardware failure that halted the market for several hours on Friday in a rare trading outage.
(Reuters) – U.S. stocks rose on Monday as strong earnings reports from McDonald’s and a slate of merger announcements lifted sentiment, while inflation worries were kept in check after tepid data on U.S. income and spending.
A funny easter egg surfaced over the weekend where you can get Siri to curse.All you have to do is ask your iPhone to define the word “mother.” …read more […]
TORONTO (Reuters) – Canada’s stock exchanges resumed trading on Monday after an outage that halted trading for several hours on Friday afternoon, with the country’s main stock index edging up to a nearly six-week high as financials and industrials rose.
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