© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York By Noel Randewich SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States imposes new tariffs on $300 billion worth of Chinese imports,Read More →
By Kirsti Knolle VIENNA (Reuters) – Osram (DE:) said on Monday it would consider a takeover by Austrian sensor maker AMS (S:) that trumps a competing bid by Bain and Carlyle (O:) with a cash offer valuing the German lighting group at 4.3 billion euros ($4.8 billion). AMS said itRead More →
© Reuters. Traders work on the floor at the NYSE in New York By Noel Randewich SAN FRANCISCO (Reuters) – Quarterly reports next week from Walt Disney (NYSE:) Co, CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called communication services sector,Read More →
There is an old wedding rhyme that begins with the line “something old, something new”. It brings to mind a dividend champion that is today’s spotlight subject. Pentair plc (PNR) is an industrial stock that has raised its dividend payout to shareholders for each of the past 43 years. DespiteRead More →
The Strait of Hormuz, the world’s most sensitive oil-transportation choke point, remains in focus, after U.S. and Iranian officials on Thursday said Iran shot down a U.S. military drone near the waterway. “This event is raising fears Iran and the U.S. are headed toward a military confrontation that would haveRead More →
Saudi Arabia on Monday said two oil tankers were damaged significantly in a “sabotage” attack over the weekend near the Strait of Hormuz, intensifying the spotlight on the waterway — the world’s biggest potential choke point for global crude shipments. A Norwegian-flagged vessel was also damaged, according to reports. DetailsRead More →
Economy Coming off their worst week of 2019, U.S. stock futures are trading mixed ahead of the open. The Dow is flagging triple-digit declines as Boeing (BA) shares tumble, while the S&P 500 is flat and Nasdaq futures are up 0.3%. A mixed employment report on Friday also showed solidRead More →
© Reuters. FILE PHOTO: Boeing celebrates the 10,000th 737 to come off the production line in Renton By Tracy Rucinski CHICAGO (Reuters) – A fatal crash in Ethiopia on Sunday involving an updated version of Boeing (NYSE:) Co’s best-selling 737 is putting the spotlight back on the aircraft just fiveRead More →
