Stocks
Foreign investors are betting U.S. index publisher MSCI will finally agree to include China-listed shares in its emerging markets benchmark this week, stepping up their buying of Chinese blue-chips that could gain from inclusion in the index. In May, overseas
The stock market is like one of those Weebles toys I had as a kid in the 1970s. It wobbles. But it won’t fall down. Remember how the James Comey scandal was supposed to end this epic bull run? Hasn’t
Ever heard of a Chinese company called Kweichow Moutai? It’s the world’s most valuable liquor company, with its stock having jumped 70% over the last year thanks to its successful marketing of an unmistakably pungent version of baijiu, a clear,
When asked whether he was scared of Facebook after the company launched Instagram Stories, Snap CEO Evan Spiegel laughed it off, saying “just because Yahoo has a search box, it doesn’t mean they’re Google.” But on Tuesday, shares of Snap
U.S. technology stocks slid again on Thursday, led by declines in heavyweights Apple (aapl) and Alphabet (googl), as investors continued a recent move away from the year’s best-performing sector. Bearish analyst reports on the two tech titans contributed to the
DuPont and Dow Chemical have won U.S. antitrust approval to merge on condition that the companies sell certain crop protection products and other assets, according to a court filing on Thursday. The asset sales required by U.S. antitrust enforcers were
Amazon.com Inc (AMZN.O) said on Friday it would buy grocer Whole Foods Market Inc (WFM.O) for $ 13.7 billion in a move that gives the online retailer a physical network of stores to distribute fresh food and other goods to
Whole Foods stock was halted for ‘news pending’… and now we have the answer – Amazon to acquire Whole Foods Market for $ 42/share in an all-cash transaction valued at ~$ 13.7b, including Whole Foods Market’s net debt. With 9%
U.S. market indexes were lower on Thursday. For the day, the Dow Jones Industrial Average closed at 21,359.90 for a loss of 14.66 points or 0.07%. The Standard & Poor’s 500 closed at 2,432.46 for a loss of 5.46 points
Jitters shot though grocery store investors after Amazon announced that it would acquire Whole Foods Market for $ 13.7 billion on Friday. In reaction to the news, shares of largely brick-and-mortar retailers already threatened by Amazon’s dominance in e-commerce opened