Healthcare limits stock gains; oil prices drop on weak demand forecast
A broad index of stocks around the world pared gains slightly on Thursday as healthcare shares limited Wall Street's rise, while oil prices turned lower on...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Oil falls on dim OPEC demand outlook, pares gains from Gulf of Mexico storm
Oil prices fell on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a...
S&P 500 near flat as healthcare in spotlight
The S&P 500 was little changed in afternoon trading on Thursday, with healthcare stocks mixed after the Trump administration withdrew a rule that would kill rebates.
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of...
Deutsche Bank to layoff 126 New York staff as part of restructuring
Deutsche Bank AG plans to lay off 126 employees in New York in the coming months, according to a filing the bank made with New York...
Exclusive: Verizon sought buyers for Yahoo Finance - sources
Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools,...
Apple's India-made top-end iPhones to hit stores next month: source
Apple Inc's top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech...
Investor Michael Farr: The Fed could be building a bubble if it cuts rates
Investor Michael Farr believes the central bank could be making a mistake.
Dow breaches 27,000; healthcare in spotlight after Trump's decision on rebate
U.S. stocks rose on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell's dovish remarks, while healthcare stocks were mixed after...
Oil steadies on dim OPEC demand outlook, pares gains from Gulf of Mexico storm
Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a...
Cargill quarterly profit dives 41% on trade tensions, U.S. floods
Global commodities trader Cargill Inc [CARG.UL] reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and...
T-Mobile, Sprint expected to extend deal date: sources
T-Mobile US Inc and Sprint Corp expect to extend a July 29 deadline to complete their $26-billion merger, according to two sources close to the deal.
The Fed chairman says the relationship between inflation and unemployment is gone
Federal Reserve Chairman Jerome Powell said the relationship between unemployment and inflation has collapsed.
Oil steadies on dim OPEC demand forecast after early jump on Gulf of Mexico storm
Oil prices eased off early gains on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the highest...
Wall Street watchdog to boost transparency about using 'cooperation' for penalty reductions
Wall Street's industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage qualifies for a reduced...