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MARKET SNAPSHOT: As Stock Market Gears Up For Santa Rally, Threat Of Shutdown Could Sideline Investors
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Headlines
Sunday, 17 December
Second bitcoin futures debut could lure volume to wild market
8h ago - NEW YORK (Reuters) - Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world's largest derivatives exchange operator, launches its own contract to wager on the cryptocurrency on Sunday.
Oil hovers below two-year highs with focus on U.S. output
1d ago - NEW YORK (Reuters) - Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S. output and weak gasoline demand kept a lid on gains.
CSX CEO Harrison dies months into railroad's turnaround effort
16h ago - NEW YORK (Reuters) - CSX Corp (>> CSX) Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that the veteran rail executive hired earlier this year to boost its profits had taken a medical leave of absence.
Unilever to sell spreads business to KKR for $8 billion
1d ago - (Reuters) - Unilever (>> Unilever) has agreed to sell its margarine and spreads business to U.S. private equity firm KKR (>> KKR & Co. L.P.) for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.
Healthcare draws election-year worry, but 2016 repeat not seen
1d ago - NEW YORK (Reuters) - With another election year looming, investors in the healthcare sector are wary the coming months could reopen wounds suffered during the 2016 U.S. presidential race.
China, UK vow to bolster economic cooperation, speed up stock connect plan
1d ago - BEIJING (Reuters) - China and Britain have vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues, including speeding the introduction of a London-Shanghai stock connect programme.
Thales agrees 4.8 billion euro Gemalto takeover to trump rival French bid
4h ago - PARIS (Reuters) - Aerospace and defence group Thales (>> Thales) has agreed to buy chipmaker Gemalto (>> Gemalto) for 4.8 billion euros (4.20 billion pounds), trumping an earlier bid by fellow French firm Atos (>> AtoS SE) to take aim at a fast-growing digital security market.
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