© Reuters. Investing.com – Luxury goods makeres were higher in midday trade on Monday after LVMH’s surprise bid for Tiffany & Co (NYSE:) sparked speculation of consolidation in the sector. LVMH (PA:) made an unsolicited offer of $120 per share for the luxury jewelry retailer, which Tiffany’s says it isRead More →
© Reuters. Investing.com – The streaming wars have begun and Netflix (NASDAQ:) is the first one to take a hit. The streaming giant was down midday on Tuesday after Verizon (NYSE:) said it is giving its unlimited wireless subscribers a year of Disney+ for free. Netflix has been under pressureRead More →
Investing.com – Apple (NASDAQ:) fell in midday trade Friday after its price target was cut by Goldman Sachs (NYSE:) to $165 from $187. Apple lost 1.8%. Analyst Rod Hall maintained his neutral rating on the company, but noted that its plan to offer a trial period for Apple TV+ willRead More →
U.S. stocks midday fell sharply midday Wednesday, with the day’s losses prompted at least partly by a number of global central banks adopting easy-money policies in the face of an intensifying trade conflict between Beijing and Washington. How did benchmarks perform? The Dow Jones Industrial Average DJIA, -1.18% was downRead More →
© Reuters. Investing.com – Communication tower stocks were lower in midday trade Monday as it looked like they will have one fewer customer soon. The U.S. Federal Communications Commission is likely to approve T-Mobile (NASDAQ:) and Sprint’s (NYSE:) merger after FCC Chairman Ajit Pai said he would recommend approval ofRead More →
