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Walgreens, Humana in talks to take stakes in each other: WSJ
Drugstore owner Walgreens Boots Alliance Inc and health insurer Humana Inc are in preliminary discussions to take equity stakes in each other, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Posted on : 2018-11-21 02:50:25
Global markets: Stocks, oil plunge as global growth prospects dim
World equity markets and oil prices tumbled on Tuesday as worries over economic growth prospects prompted investors to retreat to safe-haven currencies and U.S. Treasuries.
Posted on : 2018-11-21 02:31:39
Amazon, Blackstone among bidders for 22 Disney sports networks: CNBC
Amazon.com Inc and private equity firm Blackstone Group are bidding for Walt Disney Co's 22 regional sports networks, including New York-focused Yes Network, CNBC reported on Tuesday, citing https://cnb.cx/2BlKU1H sources familiar with the matter.
Posted on : 2018-11-21 02:12:02
Renault taps interim chairman, COO to replace Ghosn: sources
French carmaker Renault's board named an interim chairman and handed new powers to its chief operating officer to replace embattled boss Carlos Ghosn following his arrest in Japan on suspicion of financial misconduct, sources said.
Posted on : 2018-11-21 02:00:16
Retail disappointments, energy decline hit Wall Street
U.S. stocks extended their recent selloff on Tuesday, with the S&P 500 hitting a three-week low, as energy shares dropped with oil prices and retailers including Target and Kohl's sank after weak earnings and forecasts.
Posted on : 2018-11-21 01:37:33
Walmart, Target, Best Buy take steps to curb gift card fraud
Walmart Inc , Target Corp and Best Buy Co have made changes to their gift card programs to reduce the risk of fraud as consumers enter the holiday shopping season.
Posted on : 2018-11-21 01:20:02
Airbus to unveil top finance, operational executives -sources
Airbus is poised to make top financial and operational appointments as incoming CEO Guillaume Faury tightens his grip after months of turmoil over corruption investigations and output delays, sources familiar with the matter said.
Posted on : 2018-11-21 00:19:51
Oil slumps 7 percent as equities slide fuels demand worries
Oil prices tumbled more than 7 percent on Tuesday, with U.S. crude plunging to its lowest in over a year, caught in Wall Street's broader selloff fed by growing concerns about slowing global growth.
Posted on : 2018-11-21 00:14:12
Corrected: eBay polishes plans for online second-hand luxury watch market
(This story corrects lead to remove reference to "auction", also removes reference to Watchfinder, paragraph 5.)
Posted on : 2018-11-21 00:05:43
Retail warnings, tech tumble hit Wall Street
The S&P 500 hit a three-week low on Tuesday, as weak earnings from retailers including Target and Kohl's as well as a fall in energy shares added to worries for Wall Street, which is still reeling from a selloff in technology stocks.
Posted on : 2018-11-21 00:00:44
Hedge fund Elliott raises pressure on Mitek after takeover bid rejected
Hedge fund Elliott Management on Tuesday asked Mitek Systems Inc to scrap a so-called poison pill to let it buy more stock and said it may press for board changes after the software company took steps to protect itself from the activist investor.
Posted on : 2018-11-20 23:37:59
U.S. banking sector reports $62 billion profit in third quarter: FDIC
The U.S. banking sector reported $62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, according to quarterly data from the Federal Deposit Insurance Corporation.
Posted on : 2018-11-20 23:33:04
U.S. housing starts rise, but underlying trend weak
U.S. homebuilding rose in October amid a rebound in multi-family housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher.
Posted on : 2018-11-20 23:29:14
Retail, tech stocks lead slide on Wall Street
The S&P 500 hit a three-week low on Tuesday, as weak earnings from retailers including Target and Kohl's as well as a fall in energy shares added to worries for Wall Street, which is still reeling from a technology selloff.
Posted on : 2018-11-20 23:27:44
Global Markets: Dimming growth prospects send stocks, oil plunging
World equity markets fell on Tuesday, with U.S. stocks hurt by worries over softening demand for the iPhone and corporate growth prospects, while oil prices sank on concerns about rising global supply.
Posted on : 2018-11-20 23:20:53
Target shares tumble after profit miss, big jump in inventories
Target Corp said on Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages in a tight labor market and price cuts hurt margins and a big jump in inventories ahead of the critical holiday season worried investors.
Posted on : 2018-11-20 23:16:00
Venezuela's PDVSA resumes work at Jose oil port's dock: sources
Venezuela's state-run PDVSA has reopened a dock at the country's main oil terminal of Jose that had been closed for almost three months due to a tanker collision, a PDVSA source and a shipper said on Tuesday.
Posted on : 2018-11-20 23:04:46
U.S. court allows generic version of Indivior opioid abuse drug
A U.S. appeals court on Tuesday allowed generic drug company Dr. Reddy's Laboratories to sell a copycat version of the Indivior Plc opioid treatment Suboxone Film, sending Indivior's stock price down more than 40 percent.
Posted on : 2018-11-20 22:48:08
Best Buy boosts profit forecast, cautious on holiday earnings
Best Buy Co Inc raised its full-year earnings forecast on Tuesday, as the largest U.S. consumer tech retailer sold more mobile phones and home theater systems, but stayed cautious on its outlook for the holiday shopping season.
Posted on : 2018-11-20 22:39:11
Gold dips as investors opt for safe-haven dollar, bonds
Gold eased on Tuesday as investors flocked to the dollar and U.S. government bonds amid steep declines in stock markets.
Posted on : 2018-11-20 22:21:30
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