July 12, 2018

U.S. DoJ will not challenge Aetna-CVS deal – report

Shares of CVS Health Corp and health insurer Aetna Inc rose more than 2 percent on Thursday after CNBC reported that the U.S. Justice Department will […]
July 12, 2018

Fed’s escape from crisis holdings could hit dead end

Not long ago the Federal Reserve expected to quietly shed nearly half of its $4.5-trillion portfolio by around 2022, leaving little trace of the extraordinary steps […]
July 12, 2018

Trade war may steer tax cuts’ windfall to even more buybacks

The escalating trade war between the United States and China may prompt U.S. companies to shift money they had earmarked for capital expenditures into stock buybacks […]
July 12, 2018

Oil steadies despite IEA warning of spare capacity limits

Oil prices steadied on Thursday, but did not recover from sharp losses in the previous session despite the International Energy Agency’s (IEA) warning that the world’s […]
July 12, 2018

Broadcom loses $19 billion in market value after bid to buy CA

Chipmaker Broadcom Inc’s surprise bid to buy software company CA Inc for $18.9 billion wiped off the same amount from its market value on Thursday, with […]
July 12, 2018

Delta cuts 2018 forecast on higher fuel costs, profit beats estimates

Delta Air Lines Inc slashed its full-year earnings forecast on Thursday as fuel costs in the second quarter surged 38.8 percent and the company said it […]
July 12, 2018

Beijing urges U.S. firms in China to lobby Washington over trade war

China on Thursday said foreign firms operating in China would suffer in a trade war, urging U.S. companies to lobby their government to protect their interests, […]
July 12, 2018

Importers snap up cheap U.S. soybeans as China stops buying

China’s retaliatory tariffs on U.S. soybeans, threatened for weeks and enacted Friday, have driven down prices and triggered a wave of bargain shopping by importers in […]
July 12, 2018

Oil rallies as IEA warns of output capacity limits

Oil prices rallied on Thursday, recouping some ground after sharp losses the previous session when Libya said it would resume oil exports. Powered by WPeMatico
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