Trading Ideas
2 Top Dividend Stocks to Buy Now
They don’t just boast high yields, but good value too. …read more […]
Month: June 2018
Business News
Fox, media firms rise after AT&T-Time Warner approval
(Reuters) – Twenty First Century Fox Inc’s shares rose 8 percent to a record-high on Wednesday as an approval for AT&T’s buyout of Time Warner Inc spurred speculation that Comcast Corp would proceed with an offer for most of the media company’s assets.
Business News
Linde-Praxair deal gets Brazil antitrust nod
BRASILIA (Reuters) – Brazil’s antitrust regulator on Wednesday approved the $80 billion merger of gas group Linde AG and Praxair Inc, as long as the companies go ahead with an undisclosed asset sale plan.
Business News
U.S. accuses Fiat Chrysler, union of conspiring to break labor laws
DETROIT (Reuters) – Top officials of Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union conspired to violate U.S. labor laws, federal prosecutors alleged in a court document, saying a former executive at the automaker knew bribes paid to union leaders were designed to “grease the skids” in labor negotiations.
Business News
Wall Street flat, media stocks jump after AT&T ruling
(Reuters) – U.S. stocks were flat on Wednesday ahead of the Federal Reserve’s policy announcement, while media shares got a boost from a court approval for AT&T’s $85 billion takeover of Time Warner.
Business News
White House seeks to block Senate bid to kill ZTE deal: WSJ
(Reuters) – The White House will aim to block legislative language before Congress that would block a Trump administration agreement allowing China’s No. 2 telecommunications equipment maker, ZTE Corp, to resume business with U.S. suppliers, the Wall Street Journal reported on Wednesday.
Business News
Citigroup CFO sees flat second-quarter markets revenue versus year earlier
NEW YORK (Reuters) – Citigroup Inc sees second-quarter markets revenue coming in “flattish” compared to a year earlier, Chief Financial Officer John Gerspach said on Wednesday.
Trading Ideas
Why Did Frontier Communications Corp. Shares Lose 10% in May?
The company has cut its losses, but it continues to lose subscribers. …read more […]
Business News
Wall Street opens flat, media stocks in focus
(Reuters) – U.S. stock indexes opened little changed on Wednesday as gains in healthcare stocks offset losses in AT&T, whose $85 billion takeover of Time Warner was approved by a court.
Trading Ideas
3 Top Tech Stocks to Buy in June
Tech stocks continue to crush the broader market. Here are three picks in the sector that look appealing right now. …read more […]
Business News
GM names Dhivya Suryadevara CFO
(Reuters) – General Motors Co said on Wednesday Dhivya Suryadevara will succeed Chuck Stevens as chief financial officer on Sept. 1.
Business News
Fox, other media companies rise after AT&T-Time Warner approval
(Reuters) – Twenty First Century Fox Inc’s shares rose 8 percent on Wednesday as an approval for AT&T’s buyout of Time Warner Inc spurred speculation that Comcast Corp would proceed with an offer for most of the media company’s assets.
Trading Ideas
Boeing's Order Momentum Continued in May
Boeing maintained its massive lead over Airbus in terms of 2018 orders during the month of May. …read more […]
Business News
GM CFO Chuck Stevens to retire
(Reuters) – General Motors Co said on Wednesday Chief Financial Officer Chuck Stevens would retire after more than 40 years with the company, effective March 1, 2019.
Business News
M&A gates open with judge’s blessing on AT&T-Time Warner merger
(Reuters) – A federal judge on Tuesday gave a ringing endorsement to AT&T Inc’s planned acquisition of Time Warner Inc without any conditions, opening the door for companies such as Comcast Corp and Verizon Communications Inc to pursue deals to buy creators of media content.