August 17, 2018

It will be tough for Trump’s SEC to overhaul reporting rules

U.S. President Donald Trump said Friday that he wanted the Securities and Exchange Commission (SEC) to explore doing away with quarterly corporate reports, replacing them with […]
August 17, 2018

Tesla sinks after Musk opens up about going private tweet in NYT interview

Tesla Inc’s shares slumped as much as 9 percent on Friday after Chief Executive Elon Musk told the New York Times that his tweet last week […]
August 17, 2018

Tesla shares sink after analysts warn on Model 3 margins, Musk interview

Tesla Inc’s shares slumped 8 percent on Friday after Chief Executive Elon Musk told the New York Times his tweet about taking the company private was […]
August 17, 2018

Malaysian financier wanted in 1MDB probe says he will not surrender

A Malaysian financier wanted for his role in the multi-billion-dollar scandal at state fund 1MDB has said he does not expect to get a fair hearing […]
August 17, 2018

Nasdaq dragged lower by chip stocks, energy stock bolster S&P

The Nasdaq Composite opened lower on Friday as weak forecasts from Applied Materials and Nvidia weighed on chip stocks, while gains in energy stocks due to […]
August 17, 2018

Brazil’s Marfrig shares up after reports of $2.5 billion deal with Tyson

Brazilian meatpacker Marfrig Global Foods SA’s shares rose as much as 8 percent on Friday on reports that Tyson Foods had finalized the acquisition of Marfrig’s […]
August 17, 2018

Brazil mall executives shrug off looming Amazon.com expansion

Fears of e-commerce taking off in Brazil have sunk shares of the country’s big mall operators this year, but industry executives expressed confidence that local shopping […]
August 17, 2018

M&A lending to U.S. blue-chip firms on summer hiatus

NEW YORK (LPC) – Bank lending to high-quality US companies to fund acquisitions has slowed due to concern over government policies amid the summer doldrums, but […]
August 17, 2018

Trump asks SEC to mull half-year corporate filings vs. quarterly

U.S. President Donald Trump said on Friday he had asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports […]
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