News
  • Asian shares subdued after Wall Street retreats, euro slips
    Sun, 19 Nov 2017 19:54:00 -0500

    TOKYO (Reuters) - Asian shares started the week on the back foot on Monday, pressured by a retreat on Wall Street amid tax reform uncertainty while the euro skidded after German coalition talks hit an impasse.

  • Battered GE shares lure some buyers but worst may not be over
    Sun, 19 Nov 2017 06:11:44 -0500

    NEW YORK (Reuters) - General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over.

  • Airbus faces tricky hurdles over stalled A380 Emirates deal
    Sun, 19 Nov 2017 13:39:08 -0500

    DUBAI (Reuters) - A preliminary deal to sell 36 A380s to Emirates blew up in an Airbus hospitality chalet moments before the Gulf carrier was expected to shower $30 billion on the planemaker and its U.S. rival Boeing at the start of last week's Dubai Airshow.

  • Mexico, Canada shun NAFTA autos counteroffers: sources
    Sun, 19 Nov 2017 20:59:52 -0500

    MEXICO CITY (Reuters) - Divisions over updating the NAFTA trade deal showed no sign of easing on Sunday as Mexico and Canada signaled they would not offer counterproposals to U.S. demands for far stronger automotive content rules, people with knowledge of the talks said.

  • Former Obama administration official in bid for The Weinstein Co
    Sun, 19 Nov 2017 22:07:02 -0500

    (Reuters) - Maria Contreras-Sweet, the former head of the U.S. Small Business Administration (SBA), has submitted an offer to acquire the Weinstein Co, a spokeswoman for the U.S. film and TV studio said on Sunday.

  • Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source
    Sat, 18 Nov 2017 14:09:00 -0500

    BRUSSELS (Reuters) - U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said.

  • Oil markets tepid ahead of OPEC meeting at month-end
    Sun, 19 Nov 2017 20:04:58 -0500

    SINGAPORE (Reuters) - Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of the month, when the producer club is expected to decide whether to continue output cuts aimed at propping up prices.

  • Avolon firms up deal for 75 Boeing jets, may order 20 more
    Sun, 19 Nov 2017 14:56:06 -0500

    HONG KONG/PARIS (Reuters) - Chinese-owned aircraft leasing company Avolon has firmed up an order for 75 Boeing airplanes and may order 20 more, its parent Bohai Capital said on Sunday.

  • Alibaba goes offline with $2.9 billion stake in China's top grocer
    Sun, 19 Nov 2017 22:56:09 -0500

    BEIJING (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd , part of a wider push into offline retail.

  • Despite Amazon, brick stores are not dead yet
    Sat, 18 Nov 2017 01:35:21 -0500

    NEW YORK (Reuters) - Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail.

  • President Mugabe stuns Zimbabwe by defying pressure to resign
    Sun, 19 Nov 2017 22:45:05 -0500

    HARARE (Reuters) - President Robert Mugabe stunned Zimbabwe on Sunday by making no mention of resignation in a television address, defying his own ZANU-PF party, which had sacked him hours earlier, and hundreds of thousands of protesters who had already hailed his downfall.

  • U.S. nuclear general says would resist 'illegal' Trump strike order
    Sun, 19 Nov 2017 07:04:47 -0500

    WASHINGTON (Reuters) - The top U.S. nuclear commander said on Saturday that he would resist President Donald Trump if he ordered an "illegal" launch of nuclear weapons.

  • Contrary to Trump Tweet, Senator Flake still undecided on tax bill
    Sun, 19 Nov 2017 22:13:54 -0500

    WASHINGTON (Reuters) - U.S. President Donald Trump predicted on Sunday that Senator Jeff Flake will oppose the Republican tax bill, but the senator's office says he has not yet made up his mind.

  • Lebanon's Hariri to visit Egypt on Tuesday: Hariri's office
    Sun, 19 Nov 2017 14:48:13 -0500

    BEIRUT (Reuters) - Saad al-Hariri, who announced his resignation as Lebanese prime minister in a televised broadcast from Saudi Arabia on Nov. 4, will visit Egypt on Tuesday to meet Egyptian President Abdel Fattah al-Sisi, Hariri's office said on Sunday.

  • Merkel fourth term in doubt as German coalition talks fail
    Sun, 19 Nov 2017 22:22:02 -0500

    BERLIN (Reuters) - Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition government had failed, thrusting Germany into a political crisis and pushing Europe's largest economy closer to a possible new election.

  • Satellite calls yield no clues on missing Argentine submarine
    Sun, 19 Nov 2017 22:10:05 -0500

    MAR DEL PLATA, Argentina (Reuters) - A storm on Sunday complicated efforts to find an Argentine navy submarine missing in the South Atlantic with 44 crew members, while satellite calls thought to come from the vessel did not help searchers identify the vessel's location.

  • Battered GE shares lure some buyers but worst may not be over
    Sun, 19 Nov 2017 06:11:44 -0500

    NEW YORK (Reuters) - General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over.

  • Mexico, Canada shun NAFTA autos counteroffers: sources
    Sun, 19 Nov 2017 20:59:52 -0500

    MEXICO CITY (Reuters) - Divisions over updating the NAFTA trade deal showed no sign of easing on Sunday as Mexico and Canada signaled they would not offer counterproposals to U.S. demands for far stronger automotive content rules, people with knowledge of the talks said.

  • Bangladesh says it's in talks with Myanmar on Rohingya repatriation deal
    Sun, 19 Nov 2017 09:23:17 -0500

    DHAKA (Reuters) - Bangladesh is in negotiations with Myanmar aimed at a deal to repatriate displaced Rohingya and Dhaka's foreign minister will address the matter at talks in Myanmar this week, the Bangladeshi foreign ministry said on Sunday.

  • Israeli police resume interview of Netanyahu in corruption probe
    Sun, 19 Nov 2017 15:28:55 -0500

    JERUSALEM (Reuters) - Israeli police officers on Sunday questioned Prime Minister Benjamin Netanyahu for the sixth time in a corruption probe, a police spokeswoman said.

  • How to Spot a Market Top
    Sun, 19 Nov 2017 22:16:06 EST

    With central banks scaling back stimulus in a world filled with money, the current investing nirvana is facing its biggest threat in years. Heard on the Street walks through the risks and likely scenarios for markets in the coming months.

  • A Risky Corner of the Market With Room to Run
    Sun, 19 Nov 2017 07:00:11 EST

    The market for packaging risky loans is running hot-as-hell. It may not be a bubble yet, but troubling characteristics make it an area to watch.

  • If There Is a Bubble, It's in Bitcoin
    Sun, 19 Nov 2017 07:00:13 EST

    If the markets are at a top, bitcoin has scaled the highest peak, rising more than 700% this year and powering through multiple sharp corrections.

  • Bond Markets on the Edge
    Sun, 19 Nov 2017 07:00:04 EST

    If the great bond rally of the past decade is nearing a top, the losses could be bigger than many people think. Even blue-chip U.S. corporate bonds, traditionally regarded as the next safest thing to government debt, could harbor nasty surprises.

  • Why Worriers (Usually) Get the Market Wrong
    Sun, 19 Nov 2017 07:00:08 EST

    Sir John Templeton famously said “this time is different” are the four most dangerous words in investing. While anyone caught up in a speculative bubble would do well to heed him, the four costliest words for a long-term investor may be “this is the top.”

  • Top of the Market? That Could Be a Good Thing
    Sun, 19 Nov 2017 07:16:34 EST

    When is it going to end? And how? In a year when asset prices have surged, those are questions that should be nagging at investors’ minds.

  • How GE Can Win Back Investors
    Fri, 17 Nov 2017 09:52:09 EST

    A strong market for industrial assets gives GE a chance to win investors back after the company’s dividend cut.

  • The Winning Formula for Tech IPOs
    Fri, 17 Nov 2017 16:32:31 EST

    Tech investors may be pickier, but they are still willing to welcome new entrants—at the right price, as Stitch Fix learned this week.

  • Tesla Changes the Subject
    Fri, 17 Nov 2017 13:36:31 EST

    Elon Musk needs more focus as he grapples with Model 3 production issues.

  • Why It Has Been So Hard to Win the Spinoff Trade
    Fri, 17 Nov 2017 09:38:32 EST

    Corporate spinoffs such as Ferrari, from Fiat Chrysler, and PayPal, from eBay, have a well-documented history of outperforming the market. But the few funds that invest exclusively in spinoffs haven’t.

  • Upbeat Moody's Misses the Mark on India
    Fri, 17 Nov 2017 01:37:48 EST

    Moody’s has upgraded India’s sovereign debt for the first time in more than a decade. Investors should question the timing.

  • Applied Materials Tools Up for More Chip Demand
    Thu, 16 Nov 2017 20:16:33 EST

    Even Applied Materials knows the party can’t last forever. But the company doesn’t see the bash ending anytime soon.

  • Why Wal-Mart Should Worry Amazon Investors
    Thu, 16 Nov 2017 17:22:33 EST

    Wal-Mart still can learn a lot from Amazon, but it has the online retailer beat in one important category—profits.

  • Car Makers Count Costs of Global Warming Emissions Standards
    Thu, 16 Nov 2017 10:30:43 EST

    Car makers are spending billions to develop electric vehicles and comply with emissions rules designed to combat global warming. But the effort may not be enough to avoid hefty fines in Europe.

  • Chinese Banks Find a Convertible Solution to Capital Problem
    Thu, 16 Nov 2017 09:14:37 EST

    Struggling midsize banks that need to raise equity are turning increasingly to the convertible-bond market.

  • The Bright Side of Low Inflation
    Thu, 16 Nov 2017 11:13:00 EST

    Low inflation might be a worrying puzzle for the Federal Reserve, but it is also putting more spring in consumer spending. That will make it easier for the central bank to raise rates again when it meets next month.

  • A Wild Ride to Gains at Altice
    Thu, 16 Nov 2017 04:12:01 EST

    Shares in the embattled cable group Altice surged 8% Wednesday after management committed to paying down debt and avoiding acquisitions.

  • Tencent's Videogame Business Hits Another High Score
    Wed, 15 Nov 2017 10:23:05 EST

    The world’s biggest videogame company saw sales and profit handily beating analyst estimates, with games accounting for half of the company’s revenue. In particular, revenue from mobile games nearly doubled from a year ago.

  • What's Behind the Market Wobble?
    Wed, 15 Nov 2017 12:59:42 EST

    Some assets certainly feel chillier in November than in October. Answers are elusive, but markets may have set themselves up for a fall.

  • How Not to Handle Activist Investors: A Lesson From London
    Wed, 15 Nov 2017 09:25:21 EST

    The London Stock Exchange Group and its chairman, Donald Brydon, seem to be writing a case study in how not to deal with an activist.

  • The Real 'War on Coal' Is in China
    Tue, 14 Nov 2017 08:53:44 EST

    China’s president Xi Jinping has made a commitment to a “better” – not just richer – life for Chinese citizens. That, combined with slowing industry in China, spells trouble for the dirtiest type of fuel.

  • Buy These Banks, Not Those, on Regulatory Relief
    Tue, 14 Nov 2017 16:16:35 EST

    Midsize banks are the most obvious beneficiaries of a bipartisan deregulation plan, but the most significant impact could be to help even smaller banks to grow.

  • Chips for Electric Cars Put Infineon in Fast Lane
    Tue, 14 Nov 2017 10:04:40 EST

    How do you justify an investment in an expensive stock? By setting it against peers that look even pricier, like Tesla. Such comparisons, together with takeover rumors, could keep Infineon’s stock buoyant.

  • With a Tweak, Earnings Look Even Better
    Tue, 14 Nov 2017 08:18:09 EST

    Take away the losses that insurers suffered from hurricanes and earthquakes, and S&P 500 earnings grew at a double-digit rate in the third quarter.

  • Break Up And Die: Why Spinoff Fever Can't Last Forever
    Tue, 14 Nov 2017 08:36:31 EST

    General Electric and other industrial conglomerates are under pressure to slim down, but big will likely become beautiful again when markets turn sour.

  • The Light Bulb Finally Goes On at GE
    Mon, 13 Nov 2017 21:22:07 EST

    New CEO John Flannery is sounding the right notes, but the turnaround effort at GE will be a major challenge.

  • GE's Dividend Cut Doesn't Mean What You Think
    Mon, 13 Nov 2017 19:36:26 EST

    Investors think smaller payouts mean lower earnings, but what they get is more volatility in profits.

  • Why Qualcomm Said No to Broadcom
    Mon, 13 Nov 2017 14:56:59 EST

    The proposed deal between Qualcomm and Broadcom poses substantial risks, and analysts think Broadcom can easily go higher.

  • SoftBank's Uber Deal Shows Doubts About Ride-Hailing
    Mon, 13 Nov 2017 06:18:21 EST

    The Japanese company’s $10 billion investment effectively lowers Uber’s value. It may still be overpaying.

  • Why Legal Risks Matter for Generic Drug Stocks
    Mon, 13 Nov 2017 10:02:01 EST

    Generic drugmakers and their investors have so far shrugged off a state lawsuit and federal investigation into possible price collusion. That may be the right bet, but there are a few things that investors should watch closely.

  • A U.S. Natural-Gas Bonanza in China Isn't a Done Deal
    Mon, 13 Nov 2017 06:10:09 EST

    Big deals signed Thursday in China under President Trump’s watchful eye make large quantities of American gas in China more likely. Investors shouldn’t underestimate the uncertainties in the Asian gas market, however.

  • How Mobile Games Keep Aging Well
    Tue, 14 Nov 2017 10:44:39 EST

    Nearly anyone can make a mobile game these days. Crafting one with staying power is the real trick.

  • Why Investors Should Get Nervous About Tax Cuts
    Fri, 10 Nov 2017 22:33:52 EST

    Congressional Republicans and President Trump are confident they will notch a win on taxes. Investors may not see the final result as the win they had anticipated.

  • China's Finance-Sector Opening Would Be Great News---if You Could Make Money
    Fri, 10 Nov 2017 04:44:17 EST

    U.S. banks will finally get a chance to run their own securities firms in China and take big stakes in local lenders, as Beijing marks President Trump’s visit with a concession. Translating that into big profits will be a lot trickier.

  • A Rare Win for Wall Street in China
    Fri, 10 Nov 2017 15:03:25 EST

    There won’t be a land rush for financial firms in China, but the opening up of the Chinese financial system to overseas ownership makes some deals very attractive for Wall Street.

  • Plunging Cable Giant Altice Is a Bargain for the Brave
    Fri, 10 Nov 2017 10:25:32 EST

    Contrarians could profit from investing in billionaire shareholder Patrick Drahi’s ailing trans-Atlantic empire.

  • President Mugabe stuns Zimbabwe by defying pressure to resign
    Sun, 19 Nov 2017 22:45:05 -0500

    HARARE (Reuters) - President Robert Mugabe stunned Zimbabwe on Sunday by making no mention of resignation in a television address, defying his own ZANU-PF party, which had sacked him hours earlier, and hundreds of thousands of protesters who had already hailed his downfall.

  • U.S. nuclear general says would resist 'illegal' Trump strike order
    Sun, 19 Nov 2017 07:04:47 -0500

    WASHINGTON (Reuters) - The top U.S. nuclear commander said on Saturday that he would resist President Donald Trump if he ordered an "illegal" launch of nuclear weapons.

  • Contrary to Trump Tweet, Senator Flake still undecided on tax bill
    Sun, 19 Nov 2017 22:13:54 -0500

    WASHINGTON (Reuters) - U.S. President Donald Trump predicted on Sunday that Senator Jeff Flake will oppose the Republican tax bill, but the senator's office says he has not yet made up his mind.

  • Lebanon's Hariri to visit Egypt on Tuesday: Hariri's office
    Sun, 19 Nov 2017 14:48:13 -0500

    BEIRUT (Reuters) - Saad al-Hariri, who announced his resignation as Lebanese prime minister in a televised broadcast from Saudi Arabia on Nov. 4, will visit Egypt on Tuesday to meet Egyptian President Abdel Fattah al-Sisi, Hariri's office said on Sunday.

  • Merkel fourth term in doubt as German coalition talks fail
    Sun, 19 Nov 2017 22:22:02 -0500

    BERLIN (Reuters) - Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition government had failed, thrusting Germany into a political crisis and pushing Europe's largest economy closer to a possible new election.

  • Satellite calls yield no clues on missing Argentine submarine
    Sun, 19 Nov 2017 22:10:05 -0500

    MAR DEL PLATA, Argentina (Reuters) - A storm on Sunday complicated efforts to find an Argentine navy submarine missing in the South Atlantic with 44 crew members, while satellite calls thought to come from the vessel did not help searchers identify the vessel's location.

  • Battered GE shares lure some buyers but worst may not be over
    Sun, 19 Nov 2017 06:11:44 -0500

    NEW YORK (Reuters) - General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over.

  • Mexico, Canada shun NAFTA autos counteroffers: sources
    Sun, 19 Nov 2017 20:59:52 -0500

    MEXICO CITY (Reuters) - Divisions over updating the NAFTA trade deal showed no sign of easing on Sunday as Mexico and Canada signaled they would not offer counterproposals to U.S. demands for far stronger automotive content rules, people with knowledge of the talks said.

  • Bangladesh says it's in talks with Myanmar on Rohingya repatriation deal
    Sun, 19 Nov 2017 09:23:17 -0500

    DHAKA (Reuters) - Bangladesh is in negotiations with Myanmar aimed at a deal to repatriate displaced Rohingya and Dhaka's foreign minister will address the matter at talks in Myanmar this week, the Bangladeshi foreign ministry said on Sunday.

  • Israeli police resume interview of Netanyahu in corruption probe
    Sun, 19 Nov 2017 15:28:55 -0500

    JERUSALEM (Reuters) - Israeli police officers on Sunday questioned Prime Minister Benjamin Netanyahu for the sixth time in a corruption probe, a police spokeswoman said.