Category: Money

Two Allergan Shareholders Call For Split Of Chairman-ceo Role

– Two of Allergan Plc’s (AGN.N) shareholders, hedge funds Appaloosa Management and Senator Investment Group, asked the drugmaker’s board to split the...

Sampp 500 Edges Up Nasdaq Hits Record On Strong Economic Data

NEW YORK – The S&P 500 edged higher on Tuesday as investors were encouraged by U.S. economic data, and the Nasdaq closed at a record high for the second day...

Expect Disagreements Over Tariffs At G7 Summit Canada Official

OTTAWA – The Group of Seven leading industrial nations at its summit this week is poised to disagree over U.S. metals tariffs, which have infuriated Canada and...

Exclusive Zte Signed Us Agreement In Principle To Put Chinese Firm Back In Business -sources

– ZTE Corp (000063.SZ) has signed an agreement in principle that would lift a U.S. Commerce Department ban on buying from U.S. suppliers, allowing the Chinese...

Us Companies Continued Stock Buyback Frenzy In May Report

– U.S. companies continued a shopping spree for their own shares in May, making $173.6 billion in buyback announcements, the highest monthly total ever, according...

Want To Extend The Bull Market By 6 Trillion Add Women

LONDON – The secret to unlocking a further $6 trillion of gains in global stocks and adding another ten years to this bull run? Forget tax cuts and share buybacks,...

Bank Healthcare Stocks Pressure Sampp Nasdaq Hits Record

– Declines in financial and healthcare stocks weighed on the S&P 500 and Dow on Tuesday, while strong gains in tech heavyweights lifted the Nasdaq to a record...

Twitter Shares Jump 5 Percent As They Win New Follower The Sampp 500

NEW YORK – Consider it the ultimate “like” for a stock: Twitter Inc is joining the benchmark S&P 500 U.S. index, pushing the social media...

Ex-state Street Executive Cheated Clients With Secret Fees Us Prosecutor

BOSTON – A former State Street Corp (STT.N) executive directed a fraudulent scheme to overcharge several of the bank’s clients, including Kuwait’s...

Us Services Sector Activity Picks Up Job Openings At Record High

WASHINGTON – U.S. services sector activity accelerated in May, pointing to robust economic growth in the second quarter, but trade tariffs and a shortage of...