U.S. Bancorp to Sell Shares to MUFG After Union Bank Acquisition
U.S. Bancorp plans to issue $936 million in shares to Mitsubishi UFJ Financial Group Inc. following its acquisition
2023-08-03 08:26
Morgan Stanley Says Take Profits on China, Downgrades Shares
Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a
2023-08-03 07:56
Trading Platform for College Students Sued by SEC Over Capital Rules
A former London Stock Exchange executive settled a Securities and Exchange Commission lawsuit over claims that he ran
2023-08-03 05:59
Foxconn’s Gou Says US Stocks Would Crash in Case of a Taiwan War
The founder of Apple Inc.’s key Taiwan-based supplier Foxconn Technology Group said US equities would tumble in the
2023-08-03 05:49
Qualcomm Gives Weak Forecast, Signaling Phone Slump Will Drag On
Qualcomm Inc., the largest maker of smartphone processors, gave a tepid revenue forecast for the current period, indicating
2023-08-03 04:24
Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns
A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether
2023-08-03 03:16
Bonds Are Useless Hedge for Stock Losses as Correlation Jumps
Treasuries haven’t been this ineffective as a stock hedge since the 1990s. Historically, Treasuries tend to rally when
2023-08-03 02:24
Bain, Cinven Weighs Sale of €10 Billion Drugmaker Stada
The private equity owners of Stada Arzneimittel AG are weighing options for the German drugmaker, including a possible
2023-08-03 00:27
1&1 Shares Soar After Signing German Roaming Deal With Vodafone
1&1 AG shares surged after it secured a deal with Vodafone Group Plc that will let the mobile
2023-08-02 21:54
European Stocks Decline as US Rating Downgrade Hurts Sentiment
European stocks slumped the most in almost a month as Fitch Ratings’ downgrade of the US sovereign credit
2023-08-02 17:24
SoftBank’s Arm Targets $60 Billion Value in September IPO
SoftBank Group Corp.’s semiconductor unit Arm Ltd. is targeting an initial public offering at a valuation of between
2023-08-02 16:50
Hugo Boss Raises Full-Year Guidance as Profit Tops Estimates
Hugo Boss AG raised its sales and profit guidance for 2023 after second-quarter results topped estimates on demand
2023-08-02 14:16