February 4, 2019

DSV’s $4 billion Panalpina offer given shareholder cold shoulder

Danish logistics company DSV’s $4 billion-plus bid for Panalpina hit a roadblock on Monday when the Swiss freight forwarder’s top shareholder rejected the offer, saying Panalpina […]
February 4, 2019

U.S. factory orders fall; core capital goods unrevised

New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and electrical equipment, government data showed on Monday, suggesting a […]
February 4, 2019

Tech boosts S&P, Nasdaq; healthcare weighs on Dow

U.S. stocks edged higher on Monday boosted by technology shares ahead of Alphabet’s results after the bell, but declines in healthcare and energy stocks kept gains […]
February 4, 2019

U.S. dollar, yields firm; oil comes off two-month highs

The U.S. dollar gained for a third straight session against a basket of currencies and U.S. Treasury yields rose on Monday as investors sought to zero […]
February 4, 2019

UK offered Nissan Brexit assurances, 80 million pounds for car investment

Britain promised Nissan up to 80 million pounds ($104 million) of support and offered Brexit-related assurances to help secure a major investment from the Japanese carmaker […]
February 4, 2019

Wall Street opens flat ahead of Alphabet results

U.S. stocks opened little changed on Monday as investors took a wait-and-see stance after an earnings-heavy week which included strong U.S. jobs growth data, with Alphabet’s […]
February 4, 2019

Veteran bond manager Bill Gross to retire from Janus Henderson

Janus Henderson said on Monday that veteran bond manager Bill Gross, who co-founded PIMCO in 1971, will retire and has decided to focus on managing his […]
February 4, 2019

Starboard chief Smith steps in at Papa John’s

Hedge fund Starboard Value LP has picked up a $200 million stake in Papa John’s International Inc and its Chief Executive Officer Jeffrey Smith will take […]
February 4, 2019

Papa John’s rejects investment offer by founder John Schnatter

Papa John’s International Inc’s founder John Schnatter said on Monday the pizza chain rejected an investment offer of up to $250 million from him. Powered by […]
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