NEW YORK – The latest on developments in financial markets (All times local): Continue Reading Below 11:50 a.m. Stocks are trading lower at midday as health care companies continued to decline and banks slip along with interest rates. Big drugmakers fell, with Merck down 4.8 percent after it withdrew a […]
FOX News
Goldman CEO takes to Twitter again to warn about Brexit
LONDON – The CEO of Goldman Sachs has warned for the second time in two weeks about the dangers of Britain’s departure from the European Union. Continue Reading Below Lloyd Blankfein tweeted an aerial view of the Goldman headquarters building under construction in London, suggesting the bank may not be […]
Affiliated Managers Group Keeps Riding the Bull
Asset managers like it when bull markets push the value of their holdings higher, as it typically means more fee revenue for them. Affiliated Managers Group (NYSE: AMG) has made strategic moves to complement the upward impact of a rising market, and its success has helped send its stock to […]
German experts work to free ship grounded after storm
BERLIN – German rescue experts were working to free a cargo ship that ran aground on a North Sea sandbank during a weekend storm, while the country’s railway pressed Monday to reopen several train lines. Continue Reading Below High winds lashed Central Europe on Sunday as Storm Herwart passed through, […]
Russian journalist thanks supporters after stabbing attack
MOSCOW – A Russian journalist who was put into a coma after a stabbing attack by a man who targeted her thanked supporters Monday in her first statement from the hospital. Continue Reading Below Tatyana Felgenhauer, a top host and deputy editor-in-chief at Ekho Moskvy, Russia’s only independent news radio […]
Railroad sues over millions of rail ties it calls defective
ATLANTA – One of the nation’s largest railroads says it must replace millions of defective wooden railroad ties under its tracks because they’re degrading faster than expected. Continue Reading Below In a federal lawsuit, Norfolk Southern Railway blames an Alabama company of failing to use proper protective coating on more […]
US consumer spending surges 1 percent in September, strongest gain in 8 years
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Spanish prosecutors seeking charges of rebellion, sedition and embezzlement against ousted Catalan Cabinet officials
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by […]
Strayer to acquire Capella Education in $1.9B deal
HERNDON, Va. – Strayer Education is tying up with Capella Education in a deal worth about $1.9 billion under an administration that looks much more favorably at non-profit schools that had come under a harsher spotlight in recent years. Continue Reading Below The two schools, however, stood out from others […]
Lennar buys CalAtlantic for $5.7B with housing sales red hot
NEW YORK – Lennar is buying CalAtlantic Group in a $5.7 billion deal that will create the nation’s largest homebuilder as sales of new homes reach levels not seen in a decade. Continue Reading Below The acquisition, which also includes $3.6 billion in debt, creates a company with a footprint […]