Asian shares set for mixed opening, eyes on Fed, stimulus
NEW YORK (Reuters) – Asian equities looked set to rise on Wednesday, bouncing back from a steep sell-off on Tuesday, while Australian stocks were seen opening weaker in a catchup … Read More
Tag: US
PepsiCo, Beyond Meat partner to develop new plant-based snacks
Slideshow ( 2 images )(Reuters) – PepsiCo Inc and Beyond Meat Inc said on Tuesday they would form a joint venture to develop and sell snacks and beverages made from … Read More
Futures down as IBM, Intel fall after results
(Reuters) – U.S. stock index futures slid from record levels on Friday as shares of blue-chip technology companies Intel and IBM tumbled following their quarterly results.FILE PHOTO: A Wall Street … Read More
Starboard seeks to take control of Corteva board, oust CEO: WSJ
FILE PHOTO: The logo and trading info for Corteva Agriscience, a former division of DowDuPont, is displayed on a screen at the New York Stock Exchange (NYSE) in New York, … Read More
Trump's parting gifts to Biden: Roaring stocks, a weaker dollar, tons of debt
NEW YORK (Reuters) – When he assumes office on Wednesday, President-elect Joe Biden will inherit a stock market near all-time highs, along with a gaping budget deficit, a weakening dollar, … Read More
"Act big" on stimulus, Biden's Treasury nominee Yellen to tell lawmakers
WASHINGTON (Reuters) – Janet Yellen, U.S. President-elect Joe Biden’s nominee for Treasury Secretary, will urge lawmakers on Tuesday to “act big” on the next coronavirus relief package, adding that the … Read More
Danone says focused on value after report activist fund Bluebell has taken a stake
FILE PHOTO: The logo of French food group Danone is seen at the company’s headquarters in Paris, France, December 20, 2017. REUTERS/Charles PlatiauPARIS (Reuters) – Danone said on Monday it … Read More
Biden unveils plan to pump $1.9 trillion into pandemic-hit economy
WILMINGTON, Del. (Reuters) – President-elect Joe Biden unveiled a $1.9 trillion stimulus package proposal on Thursday designed to jump-start the economy and speed up the U.S. response to the coronavirus … Read More
Biden plan to pump $1.9 trillion into pandemic-hit economy: report
WILMINGTON, Del. (Reuters) – President-elect Joe Biden will unveil a stimulus proposal on Thursday designed to jump-start the economy during the coronavirus pandemic and help minority communities with around $1.9 … Read More
BlackRock results beat expectations as assets grow to $8.68 trillion
(Reuters) – BlackRock Inc’s, quarterly results topped analysts’ expectations on Thursday, buoyed by a rising stock market that boosted the firm’s assets under management to a record high $8.68 trillion, … Read More
Wall Street Week Ahead: As political risk fades, earnings may start to matter again
NEW YORK (Reuters) – With uncertainties regarding U.S. elections fading, some investors expect company earnings and economic data to play a greater role in moving stock prices this year.FILE PHOTO: … Read More
Wendy's franchisees, Flynn to buy bankrupt NPC's burger joints
FILE PHOTO: A Wendy’s fast food restaurant sign is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson(Reuters) – Wendy’s Co said on Thursday restaurant operator Flynn Restaurant … Read More