Category Archives: Stock Market News

Boeing signs deal to sell 300 planes worth $37 billion to China By Reuters

© Reuters. Boeing facilities are seen in Los Angeles, California BEIJING/SHANGHAI (Reuters) – Boeing (N:) signed an agreement on Thursday to sell 300 planes to China Aviation Supplies Holding Company worth $37 billion at list prices – one of a number part of deals announced during U.S. President Donald Trump’s state visit to Beijing. State-run China Aviation Supplies, which leases planes to Chinese airlines, said the order was for 260 B-737s as well as 40 B777s and B787s. The breakdown between firm orders and non-binding commitments was […]

More info

Wal-Mart gears up to compete on Black Friday By Reuters

© Reuters. Shopping carts are seen outside a new Wal-Mart Express store in Chicago (Reuters) – Wal-Mart Stores Inc (N:) said on Thursday its U.S. stores will feature color-coded sections for different product categories on Black Friday, as it prepares to compete for shoppers on one of the busiest shopping days of the year. Toys, electronics, apparel and other departments will be color-coded in store for the first time so that shoppers can easily find deals. The codes will be available on the retailer’s Black Friday circular […]

More info

Trump’s $250 billion China ‘miracle’ adds gloss to ‘off-kilter’ trade By Reuters

© Reuters. Business leaders shake hands during signing ceremony attended by U.S. President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing By Matthew Miller and Adam Jourdan BEIJING/SHANGHAI (Reuters) – President Donald Trump can return to the United States claiming to have snagged over $250 billion in deals from his maiden trip to Beijing. Whether those deals live up to the lofty price tag is another question altogether. Watched by Trump and China’s President Xi Jinping at a signing […]

More info

Deutsche Telekom raises guidance after collapse of U.S. deal By Reuters

© Reuters. FILE PHOTO: A logo of Germany’s telecommunications giant Deutsche Telekom AG is seen before the company’s annual news conference in Bonn FRANKFURT (Reuters) – Deutsche Telekom (DE:) reported a gain of 3.3 percent in third-quarter core profits and raised its outlook for 2017 as it tries to move on from the collapse of a merger between its T-Mobile US (O:) unit and Sprint Corp (N:). Europe’s largest telecom company raised its forecast for 2017 adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to 22.4 […]

More info

Australia stocks higher at close of trade; S&P/ASX 200 up 0.55% By Investing.com

© Reuters. Australia stocks higher at close of trade; S&P/ASX 200 up 0.55% Investing.com – Australia stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher. At the close in Sydney, the gained 0.55% to hit a new 5-year high. The best performers of the session on the were James Hardie Industries PLC (AX:), which rose 7.60% or 1.440 points to trade at 20.390 at the close. Meanwhile, Navitas Ltd (AX:) added 6.25% or 0.300 points to end at […]

More info

Boeing signs China deals worth $37 billion: state TV By Reuters

© Reuters. FILE PHOTO: Boeing’s logo is seen during Japan Aerospace 2016 air show in Tokyo BEIJING (Reuters) – Boeing (NYSE:) signed $37 billion in commercial deals in China as part of a trade mission traveling with United States President Donald Trump during his state visit to Beijing, Chinese state TV reported on Thursday. U.S. and Chinese companies also signed $4 billion in chip industry deals during a signing ceremony, China Central Television reported. Disclaimer: Fusion Media would like to remind you that the data contained in […]

More info

Exclusive: Baring Private Equity Asia raising new $6 billion fund

© Reuters. Exclusive: Baring Private Equity Asia raising new $6 billion fund – sources By Carol Zhong and Kane Wu HONG KONG (Reuters) – Hong Kong-based Baring Private Equity Asia is aiming to raise $6 billion in a new Asian private equity fund, as investors hungry for growth in emerging markets fuel a regional fund-raising bonanza, five people with knowledge told Reuters. Baring’s 7th Asia fund and largest to date is expected to close in eight to 12 months, said one of the people, who could not […]

More info

Asia stocks near decade highs on buoyant Wall Street, kiwi rallies By Reuters

© Reuters. A man is reflected in an electronic stock quotation board outside a brokerage in Tokyo By Shinichi Saoshiro TOKYO (Reuters) – Asia stocks hovered near a decade high on Thursday following another record breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the country’s central bank boosted the recently battered currency. MSCI’s broadest index of Asia-Pacific shares outside Japan () was up 0.3 percent and in close reach of a 10-year high set the previous day. Australian shares () […]

More info

Icahn subpoenaed by U.S. on biofuels dealing: filing By Reuters

© Reuters. File photo: Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York By Chris Prentice and Jarrett Renshaw NEW YORK (Reuters) – Billionaire investor Carl Icahn has been subpoenaed by the U.S. Justice Department over his efforts to overhaul the U.S. biofuels program during his time as an unpaid adviser to President Donald Trump, his company said in a securities filing. Icahn’s dual role as a presidential adviser and an investor with interests in multiple industries raised eyebrows earlier this […]

More info

Tax-cut debate in U.S. Congress swings to Senate bill By Reuters

© Reuters. Chairman of the Senate Finance Committee Orrin Hatch (R-UT) speaks to reporters on Capitol Hill in Washington By Susan Cornwell and Amanda Becker WASHINGTON (Reuters) – A U.S. Senate tax-cut bill, differing from one in the House of Representatives, was expected to be unveiled on Thursday, complicating a Republican tax overhaul push and increasing skepticism on Wall Street about the effort. As the House tax committee worked on its bill, members of the Senate weighed new approaches to corporate taxes, deductions for state and local […]

More info
1 2 3 200