Oil prices rose on Monday on concerns that Iran's seizure of a British tanker last week may lead to supply disruptions in the Middle East Gulf, although gains were capped as Libya resumed output at its largest oil field.
European stocks struggled higher on Monday, shrugging off dialed-down expectations for a big U.S. rate cut this month, while escalating tensions in the Middle East boosted safe-haven assets and oil prices.
Oil prices rose more than 2% on Monday on concerns that Iran's seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf.
Rising healthcare spending by the Chinese government helped Dutch health technology company Philips post better-than-expected sales growth for the second quarter, putting its shares among the top performers in Europe on Monday.
South Korea's Hyundai Motor Co laid out its U.S. sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years.
Bayer AG , facing an upcoming trial in St. Louis over allegations that its Roundup weed killer causes cancer, has recruited Missouri-based expert witnesses to make its case in a place where it has century-old roots but where juries often hit companies with huge damages.
Mike Santoli breaks down the aggressive buying of "sure things" and shunning of cyclical and policy risk.
New Companies for Week Ending 7/21/2019
The post New Companies for Week Ending 7/21/2019 appeared first on Crowditz.
Funding Report for Week Ending 7/21/2019
The post Funding Report for Week Ending 7/21/2019 appeared first on Crowditz.
General Electric is scheduled to report second-quarter earnings at the end of the month.
Halliburton Co on Monday beat analysts' estimates for second-quarter profit, as higher international demand for its oilfield services cushioned weakness in North America, its largest market.
Bridgewater Associates's flagship fund reportedly posted one of its worst first-half performances in two decades.
European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil prices and rising fears for a no-deal Brexit haunted the pound.
Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday.
Shares of Micron rose on Monday following an upgrade to buy from neutral from Goldman Sachs, citing a faster-than-expected deceleration in memory chip production.