Rex Nutting: U.S. manufacturing dead? Output has doubled in three decades
Factories are running at close to a record pace, writes Rex Nutting.
Factories are running at close to a record pace, writes Rex Nutting.
U.S. stocks open higher after three days of declines
Starwood Hotels & Resorts Worldwide Inc. surged 2.4% in morning trade Monday, after the hotel operator said a new bid from an investor group led by China's Anbang Insurance Group appears to be "superior" to the latest bid from Marriott International Inc. . Starwood said Anbang's group, which includes J.C. Flowers & Co. and Primavera Capital Ltd., new bid received over the weekend was for $81 a share in cash, up from its previous bid of $78 a share. That new bid follows Marriott's sweetened... Читать дальше...
U.S. stocks opened higher on Monday after three straight sessions of declines as investors returned from Easter holiday. Mergers and acquisitions news involving Starwood Hotels & Resorts aided sentiment in early trade. The S&P 500 opened 5 points, or 0.3%, higher at 1,941. The Dow Jones Industrial Average added 40 points, or 0.2%, to 17,555. Meanwhile, the Nasdaq Composite began the day up 13 points, or 0.3%, at 4,786.
Читать дальше...Consumers didn’t do a whole lot of spending in February and January wasn’t as good as initially reported, spurring Wall Street to cut forecasts for first-quarter U.S. growth.
Revlon Inc. announced Fabian T. Garcia as its new chief executive officer and president Monday. Garcia was previously an executive with Colgate-Palmolive Company and at the Timberland Company. Garcia will start April 15, 2016 and will also serve as a member of Revlon's board of directors. Shares of Revlon have gained 3% in the past month compared to the S&P 500's gain of 4.5%.
Читать дальше...A busy finish to the month should keep things interesting. Janet Yellen and the monthly jobs number will likely play as much a part as anything in coloring trade in the coming days. There’s also no shortage of other data investors will be eyeing
A busy finish to the month should keep things interesting. Janet Yellen and the monthly jobs number will likely play as much a part as anything in coloring trade in the coming days. There’s also no shortage of other data investors will be eyeing
A busy finish to the month should keep things interesting. Janet Yellen and the monthly jobs number will likely play as much a part as anything in coloring trade in the coming days. There’s also no shortage of other data investors will be eyeing
Pandora Media Inc.'s stock tumbled 8.9% in premarket trade Monday, after the Internet music service said its chief executive officer, Brian McAndrews, is leaving the company after 2 1/2-years in the position, effective immediately. The Internet music service named founder Tim Westergren as its new CEO. "We are pursuing a once-in-a-generation opportunity to create a massive, vibrant music marketplace," Westergren said. "We have the audience, the technology infrastructure, the monetization engine... Читать дальше...
Federal Reserve’s preferred inflation index falls 0.1%
Apple Inc. could boost its stock buyback program by $40 billion to $50 billion, and "comfortably" raise its dividend by 10% to 15%, when it announces its shareholder-return plans next month, analyst Amit Daryanani wrote in a note to clients Monday. The company could "implicitly commit" to returning all of its annual free cash flow to investors, given that it has $200 billion in cash, Daryanani said. Apple is expected to update its capital allocation program when it reports fiscal second-quarter results on April 19. Читать дальше...
Imax Corp. said Monday the Warner Bros. Pictures' "Batman v Superman: Dawn of Justice" made a record $36 million on 945 Imax screens around the world in its opening weekend. That's the biggest box office for a film released outside of key summer and Christmas holiday periods, Imax said in a statement. The film is now the third-biggest global opening for Imax after "Star Wars: The Force Awakens," which earned $47.5 million in its opening weekend, and "Jurassic World," which earned $44.1 million. Читать дальше...
Japan’s NTT Data Corp. is buying Dell Inc.’s information-technology-services division for $3.05 billion.
Japan’s NTT Data Corp. is buying Dell Inc.’s information-technology-services division for $3.05 billion.
Japan’s NTT Data Corp. is buying Dell Inc.’s information-technology-services division for $3.05 billion.
Avon Products made a deal with activist investors that allows them to approve an independent board member as Avon looks to avoid a proxy battle.
Study after study point to arguments about money as being one of the top reasons couples fall apart.
Oil prices showed some momentum on Monday, as investors returned from the long Easter weekend, but one analyst said investors should be wary of disappointment that could set in after a key producers meeting in April.
The 2 million or so New York state residents who still get dial tones from Verizon landlines were overcharged $1,000 to $1,500 apiece over the last few years, says the New Networks Institute.
By now, most voters probably have a pretty good idea whom they’re backing for president as the election heads toward the home stretch. But there are bound to be some stragglers flummoxed by the choices. Chris Lay is here to help.
String of recent arrests linked to Brussels attacks suggests the terror networks being pursued by European authorities spread beyond Paris and Brussels.
Federal authorities say the Google search method is increasingly used by hackers to identify computer vulnerabilities throughout the U.S.
The 2 million or so New York state residents who still get dial tones from Verizon landlines were overcharged $1,000 to $1,500 apiece over the last few years, says the New Networks Institute.
The dollar rose amid thin trading volume, as Japanese importers and institutional investors bought the currency ahead of their March 31 book closing.
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