Stories about Markets

May 13 2017

Buffett calls health bill a giveaway to wealthy

From investment - passive investing was praised, to tax and the Trump healthcare package which was criticised, to the company's holdings in Wells Fargo, IBM and political...

May 13 2017

Crude Prices Higher on US Stocks Draw

WTI crude oil averaged $43.33 a barrel in 2016 and is forecast to rise to an average of $50.68 in 2017, down $1.56 a barrel compared with last month's estimate for 2017...

May 13 2017

Kushner Companies skipping out on Chinese property investment event

Kushner Cos. apologized , saying the mention wasn't meant to lure investors, merely to note that her brother had moved into government. Nicole Kushner Meyer, the siste...

May 13 2017

Australia plans major spending plus surplus in 3 years

It's all bad news for Australia's banks as the shock A$6 billion ($6.4b) levy revealed in Tuesday night's budget sinks in with market watchers. Pushing up personal income...

May 13 2017

Anthem gives up Cigna bid, vows to fight on over damages

Cigna Corp. can walk away from its $48 billion merger with Anthem Inc., a DE judge ruled nearly three months after another court blocked the deal as anticompetitive. Ant...

May 12 2017

More Than 250 People Feared Dead After Mediterranean Sea Shipwrecks

The global office of migration ( IOM ), the United Nations agency for migration , estimated the total number of deaths on the central Mediterranean route from 1 Januar...

May 11 2017

SBI slashes affordable home loan rate to 8.35% for women

With around 26 per cent market share, the nation's largest lender is also the biggest player in the home loan segment. State Bank of India (SBI) on Monday cut its home ...

May 11 2017

Coach Buys Kate Spade

Shoppers leave a Kate Spade store in New York, Monday, May 8, 2017. "Through this acquisition, we will create the first New York-based house of modern luxury lifestyle br...

May 11 2017

Akzo Nobel Rejects Third Takeover Proposal From US Paints Giant PPG

The decision to reject the deal defies pressure from shareholders such as Elliott Management Corp.to negotiate. PPG has implied it will make a bid, though if it has not w...

May 11 2017

Comcast, Charter Unveil Wireless Partnership

The companies have an existing agreement that allows them to resell wireless services that are carried over Verizon Wireless's network. According to a Sunday report ...

May 10 2017

Australian health care system better than US

Australia has a universal healthcare system, which Republicans have long attacked. "I shouldn't say this to my great gentleman and friend from Australia because you hav...

May 10 2017

Syrian refugees name baby for Canadian PM Justin Trudeau

Justin Trudeau Adam Bilan came into the world on Thursday in Calgary - a city near the Canadian Rockies the family have relocated to which is home to around 1,000 Syrian ...

May 10 2017

Trump slaps tariff on Canadian softwood lumber

Her comments come in the wake of a phone call between Prime Minister Justin Trudeau and US President Donald Trump in which Trudeau told Trump he would defend Canada's i...

May 10 2017

Cain Rocked For 9 Runs As Peraza, Reds Beat Giants 13-3

The last Reds player to do it was Deion Sanders in 1997. Combined with Matt Cain's outing on Friday and Matt Moore's rough one at Dodger Stadium on Tuesday, the Gi...

May 10 2017

How major United States stock market indexes fared on Tuesday

Currency markets were in sharp focus, with the euro hitting a six-month high against the dollar after Macron comfortably defeated far-right nationalist Marine Le Pen who ...

May 10 2017

Amazon drops its free shipping minimum to $25, undercutting Walmart

But it's riskier for Wal-Mart, according to retail analyst Nick Egelanian, president of retail development consultants SiteWorks International, who noted, "This will be a...

May 10 2017

Tesla collects videos from cars to improve its self-driving tech

There's now an opt-in/opt-out data sharing agreement that confirms Tesla is collecting short video clips using the car's external cameras to learn how to recognize thin...

May 10 2017

Hertz Shares Plunge on Wide Earnings Miss

Several research analysts have recently weighed in on the company. At the moment 13 analysts are watching Hertz Global Holdings, Inc (NASDAQ: HTZ ), 5 rate it "Buy", 3 ...

May 09 2017

Thousands of people fill arena to hear from Warren Buffett

Buffett defended Berkshire's foray into airlines, where it is a top investor in American Airlines Group Inc, Delta Air Lines Inc, Southwest Airlines Co and United Contine...

May 09 2017

Outburst by angry Wells Fargo shareholder halts annual meeting

The original version of this news story can be read at https://www.thecerbatgem.com/2017/04/25/97040-shares-in-wells-fargo-co-wfc-acquired-by-integre-asset-management-llc...