Category Archives: Stock Market News

Foreign outflows from Asian equities rise in August; analysts stay bullish By Reuters

© Reuters. Foreign outflows from Asian equities rise in August; analysts stay bullish By Patturaja Murugaboopathy (Reuters) – Foreign outflows accelerated in Asian equities in August as tensions in North Korea prompted global investors to book profits, but analysts predicted money would return on the back of positive earnings momentum and attractive valuations. Data from seven Asian exchanges including India, Indonesia and Thailand showed foreign investors sold about $4 billion in total in August, the highest amount this year. Graphic for Foreign flows into Asian equities: http://reut.rs/2f5dmfQ […]

More info

Apple takes shine off global stocks rally By Reuters

© Reuters. Pedestrians leave and enter the London Stock Exchange in London By Patrick Graham LONDON (Reuters) – Disappointment over the timing of Apple’s iPhone X release hampered further gains for world stock markets on Wednesday after an easing of concerns about North Korea sent indices to record highs. With Tokyo gaining on a broadly weaker yen, MSCI’s main indicator of Asian shares () hit a 10-year peak, but Europe’s main markets all dipped in early trade. Apple suppliers including AMS (S:), IQE Plc (L:) and Dialog […]

More info

Apple suppliers weigh on European shares as equity rally falters By Reuters

© Reuters. Apple suppliers weigh on European shares as equity rally falters LONDON (Reuters) – European shares faltered on Wednesday as a global equity rally showed signs of flagging, with Apple suppliers struggling after the new iPhone release disappointed with a later than expected shipping date. The pan-European STOXX 600 () dipped 0.3 percent as weakness in chipmakers was compounded by a drop in miners (). [MET/L] Euro zone stocks and blue-chips () held steady, while Germany’s DAX (), which touched its highest in nearly two months […]

More info

Dax Loses 0.18% as Caution Lingers in European Markets By Investing.com

© Reuters. Frankfurt Stock Exchange Investing.com – European stocks opened lower on Wednesday, as investors remained cautious despite a global rebound in market sentiment, seeing as tensions with North Korea could possibly resurface at any moment. During European morning trade, the eased 0.08%, France’s slipped 0.12%, while Germany’s fell 0.18% by 03:45 a.m. ET (07:45 GMT). Market sentiment was still midly supported as Hurricane Irma appeared to have caused less damage than feared and in the absence of any new provocations from North Korea. Irma, which had […]

More info

Toshiba signs memorandum to accelerate chip sale talks with Bain group By Reuters

© Reuters. FILE PHOTO: A logo of Toshiba is seen on a printed circuit board in this photo illustration taken in Tokyo TOKYO (Reuters) – Toshiba Corp (T:) said on Wednesday it has signed a memorandum to accelerate talks to sell its memory chip business to a group led by private equity firm Bain Capital and chipmaker SK Hynix Inc (KS:). Toshiba said in a statement it now aims to sign a contract by late September but added that the memorandum does not exclude talks with other […]

More info

Bain-Apple closer to buying Toshiba unit By Seeking Alpha

Bain-Apple closer to buying Toshiba unit By Seeking Alpha ‘; Stock Markets10 minutes ago (Sep 13, 2017 02:26AM ET) © Reuters. Bain-Apple closer to buying Toshiba unit A group including Bain Capital and Apple (NASDAQ:), as well as Seagate (NASDAQ:) and Dell, has signed a letter of intent to buy Toshiba’s (OTCPK:) chip business for more than $18B, WSJ reports. It’s the latest twist in a contentious sale process. While Toshiba aims to sign a contract by late September, it’s also continuing talks with Western […]

More info

Nikkei On Track For 3rd Straight Gain; Apple Suppliers Noted By Investing.com

© Reuters. Asian shares mixed Investing.com – Stocks in Asia were mixed with Greater China weaker on Wednesday, but other markets led by Japan higher and as suppliers to Apple generally got a lift on the launch of its latest phone model unveiling. 225 rose 0.49%, building on three-straight days of gains, while Australia’s gained 0.20%. The Greater China markets however were weaker. The eased 0.29%, while the fell 0.09%. In South Korea, where the Kospi rose 0.21%, Apple suppliers were in focus during the session after […]

More info

Marcato’s McGuire sees Terex’s share price more than tripling By Reuters

© Reuters. Marcato’s McGuire sees Terex’s share price more than tripling NEW YORK (Reuters) – Hedge fund manager Mick McGuire on Tuesday said that crane maker Terex Corp’s share price could more than triple as the company focuses on its core business and pursues a disciplined capital allocation plan. McGuire’s Marcato Capital Management announced in July 2016 that it had bought a stake in Terex. One of McGuire’s partners was added to the company’s board earlier this year. Terex is Marcato’s largest investment, with a current stake […]

More info

Ghost stores, lost billions as Korea Inc’s China woes grow By Reuters

© Reuters. A Lotte Mart is seen closed in Jiaxing By Cynthia Kim and Adam Jourdan SEOUL/JIAXING, China (Reuters) – On a faded notice pasted to the padlocked doors of the Lotte Mart superstore in China’s Jiaxing, a date can still be read: March 6, 2017 – when the store was ordered to “temporarily” close over alleged fire safety issues. The shuttered entrance and flapping notices are a blunt reminder of how South Korean businesses have become unwitting victims in a year-long diplomatic stand-off between Beijing and […]

More info

Some U.S. banks already comply with new class action, arbitration rule By Reuters

© Reuters. Some U.S. banks already comply with new class action, arbitration rule By Lisa Lambert WASHINGTON (Reuters) – Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions, released letters on Tuesday from U.S. bank CEOs in which they declined to defend lobbying against the measure and several said they already comply with it. Warren asked the bank CEOs if they believed the rule should be reversed. “Despite the claims of their paid lobbyists, not a […]

More info
1 132 133 134 135 136 200