Business

Wall St futures climb on Middle East peace hopes as investors eye strong finish to week

Friday, April 17 by SRN News

April 17 (Reuters) - U.S. stock index futures rose on Friday, setting the stage for a strong weekly close as investors embraced renewed optimism over de-escalating tensions in the Middle East. Sentiment improved after U.S. President Donald Trump said Washington could soon secure a... Read More.

Surging record-high US stocks to wade deeper into earnings season

Friday, April 17 by SRN News

By Lewis Krauskopf NEW YORK, April 17 (Reuters) - Investors will look to a heavy week of U.S. corporate results to further fuel a stunning rebound in the U.S. stock market, which has shaken off war-related concerns to reach record peaks. Hopes for a cooling of... Read More.

It’s not just Allbirds – another meme-stock season is on the horizon, Vanda Research says

Friday, April 17 by SRN News

By Suzanne McGee NEW YORK, April 17 (Reuters) - U.S. tax season is over, but meme-stock season is just getting started.v That is the view from Vanda Research, which tracks trading by self-directed individual investors. The firm says it has spotted the first signs of... Read More.

Explainer-French trio’s planned $24 billion telecoms deal to test EU resolve

Friday, April 17 by SRN News

By Gianluca Lo Nostro and Elvira Pollina April 17 (Reuters) - A sweetened 20.35 billion euro ($24 billion) joint bid by Bouygues Telecom, Iliad-owned Free and Orange for France's second-largest telecoms operator SFR looks set to test the European Union's regulatory resolve. Regulators have long drawn... Read More.

Exclusive-Gerresheimer rejects takeover bid from US packing firm Silgan, sources say

Friday, April 17 by SRN News

MUNICH, April 17 (Reuters) - German medical packaging maker Gerresheimer has rejected a takeover bid from its U.S. rival Silgan, three sources familiar with the situation told Reuters. There are no longer any talks between the two companies, according to the sources. Shares in... Read More.

Netflix shares fall after downbeat revenue forecast, co-founder to leave

Friday, April 17 by SRN News

LONDON, April 17 (Reuters) - Shares in Netflix fell sharply in Europe on Friday after the company forecast revenue growth below expectations and as chairman and co-founder Reed Hastings said he would not seek re-election. By 0603GMT, the streaming service's Frankfurt-listed shares were down 8.7%.... Read More.

China expected to keep benchmark lending rates steady after strong GDP data

Friday, April 17 by SRN News

SHANGHAI, April 17 (Reuters) - China is expected to leave benchmark lending rates unchanged for an 11th consecutive month in April, a Reuters survey showed, as robust first-quarter growth and a pick-up in inflation have weakened the case for additional monetary stimulus. This week, China's... Read More.

Uber’s Delivery Hero stake boosted by Prosus’ $318 million share sale

Friday, April 17 by SRN News

April 17 (Reuters) - Dutch technology investor Prosus has agreed to sell a 4.5% stake in Delivery Hero to Uber for about 270 million euros ($318.06 million), making the ride-hailing group the fourth-largest shareholder in the Berlin-based food-delivery group. The sale advances Prosus' compliance with... Read More.

Ford recalls about 1.4 million pickup trucks over gear shift issue, NHTSA says

Friday, April 17 by SRN News

April 17 (Reuters) - Ford is recalling about 1.4 million F-150 trucks in the U.S. due to a software issue that may cause unexpected gear downshift, the U.S. National Highway Traffic Safety Administration said on Friday. The regulator said Ford was aware of two "potentially"... Read More.

Take Five: Warsh, war and worsening conditions?

Friday, April 17 by SRN News

April 17 (Reuters) - Financial markets are in a buoyant mood as U.S. President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend. The optimism may be tested by a batch of data... Read More.

Current Weather

Wall St futures climb on Middle East peace hopes as investors eye strong finish to week

Surging record-high US stocks to wade deeper into earnings season

It’s not just Allbirds – another meme-stock season is on the horizon, Vanda Research says

Explainer-French trio’s planned $24 billion telecoms deal to test EU resolve

Exclusive-Gerresheimer rejects takeover bid from US packing firm Silgan, sources say

Netflix shares fall after downbeat revenue forecast, co-founder to leave

China expected to keep benchmark lending rates steady after strong GDP data

Uber’s Delivery Hero stake boosted by Prosus’ $318 million share sale

Ford recalls about 1.4 million pickup trucks over gear shift issue, NHTSA says

Take Five: Warsh, war and worsening conditions?

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