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MARKET SNAPSHOT: Stock Market's Record-setting Rally At Risk As Doubts Grow Over Trump Agenda
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Saturday, 19 August
Summer rumblings could herald a stormy fall for U.S. stocks
1d ago - NEW YORK (Reuters) - The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues - such as raising the debt ceiling - awaiting the return of lawmakers to Washington.
Citigroup tops bank group for Petrobras unit IPO - source
1d ago - SAO PAULO (Reuters) - Citigroup Inc (>> Citigroup) and seven other banks will underwrite the initial public offering of Petróleo Brasileiro SA's fuel distribution unit, which will likely occur in November, a person with direct knowledge of the plan said.
European shares end winning streak on Thursday as banks, energy stocks fall
1d ago - (This Aug 17 story corrects quote in Thursday's stocks report to read "hawkish", not "dovish".)
Shift from non-GAAP bottom lines could be good for stock prices
14h ago - SAN FRANCISCO (Reuters) - Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years.
Applied Materials beats profit estimates, shares rise
1d ago - (Reuters) - Applied Materials Inc, the world's largest supplier of tools used to make semiconductors, reported a better-than-expected quarterly profit helped by strong growth in its semiconductor and display businesses.
BASF Buys Dutch 3D Printing Business
1d ago -
Top fund investors pumped brakes on fast-rising Tesla: filings
1d ago - BOSTON (Reuters) - Top Tesla Inc (>> Tesla) investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year.
Alipay, WeChat Take Battle for Mobile-Payment Dominance Overseas
2h ago -
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