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MARKET SNAPSHOT: Stock Market's Record-setting Rally At Risk As Doubts Grow Over Trump Agenda
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Sunday, 20 August
Bankruptcy fight over Oncor to test Warren Buffett's discipline
41m ago - (Reuters) - Warren Buffett takes pride in naming his price to buy a company, and not paying a nickel more. But the largest U.S. natural gas distribution utility, an unyielding hedge fund, and a Delaware bankruptcy judge now present one of the biggest challenges to the billionaire's legendary discipline.
Citigroup tops bank group for Petrobras unit IPO - source
2d 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.
Summer rumblings could herald a stormy fall for U.S. stocks
2d 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.
European shares end winning streak on Thursday as banks, energy stocks fall
2d 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
1d 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
2d 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
2d ago -
Top fund investors pumped brakes on fast-rising Tesla: filings
2d 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.
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