All News Results

  • Prevent Group Accuses Volkswagen of Anticompetitive Behavior in New Lawsuit

    DETROIT, Nov. 18, 2019  The Prevent Group, an automotive parts supplier, filed suit today against Volkswagen AG and Volkswagen Group of America, Inc. alleging violations of federal antitrust laws, civil conspiracy, and tortious interference..

  • US STOCKS SNAPSHOT-Wall Street inches higher after mixed U.S.-China trade reports

    Wall Street's three main indexes eked out gains on Monday, barely extending record highs, as investors waited for concrete information on U.S.-China trade relations after mixed headlines. The Dow Jones Industrial Average rose 31.26 points, or 0.11%, to 28,036.15, the S&P 500 gained 1.55 points, or 0.05%, to 3,122.01 and the Nasdaq Composite added 9.11 points, or 0.11%, to 8,549.94.

  • Stocks grab another round of records as Wall Street parses trade news

    Stocks finished slightly higher on Monday, carving out record closes for all three major equity benchmarks, as investors tried to gauge the progress on a phase one trade deal between U.S. and China. The S&P 500 was up 2 points, or less than 0.1%, to finish at 3,122. The Dow Jones Industrial Average picked up 31 points, or 0.1%, to end around 28,036, based on preliminary numbers. The Nasdaq Composite rose 9 points, or 0.1%, to end near 8,550. Investors were tugged by news reports that both...

  • Safehold Signs Agreement to Originate New $180 Million Ground Lease in New York City

    Safehold Inc. (SAFE) announced it has entered into a definitive agreement with an institutional investment manager to create a new $180 million Safehold™ ground lease under the office property at 685 Third Avenue in New York City. This press release features multimedia. 685 Third Avenue is a 31-story, 639K SF office building in Manhattan’s Grand Central submarket.

  • EMERGING MARKETS-Trade uncertainty casts a pall on Latam currencies; Brazil's real hits life low

    Latin American currencies started the week with declines as conflicting headlines surrounding U.S.-China trade talks kept investors on the sidelines, while Brazil's real closed at an all-time low.

  • WeWork's 2025 junk bond falls to record low

    Shared-office operator WeWork's 2025 junk bond fell to a record low on Monday, with its last yielding bid at 16.06%. The We Company, owner of WeWork, said on Wednesday that net losses in the third quarter more than doubled to $1.25 billion. The New York Times reported on Sunday that WeWork is preparing to cut 4,000 jobs, citing two people with knowledge of the matter.

  • USDA Chicago Terminal Grain - Nov 18

    GX_GR110 Springfield, IL Mon, Nov 18, 2019 USDA-IL Dept of Ag Market News Chicago Terminal Grain Report To Arrive Truck and Rail Bids for Grain Delivered to Chicago. The following quotations represent Bids from Terminal Elevators, Processors, Mills, and Merchandisers after 1:30 p.m. today. Grain Bids Delivery Change Basis Change SRW Wheat 4.8925-5.2725 30 Days UP 4.5 -18 Z to 20 Z UNCH Soybeans 8.8525-9.0025 Spot DN 8 -25 F to -10 F UNCH Soybeans 8.8525-9.0025 15-30 Days DN 8 -25 F...

  • Brazil's real posts lowest ever close of 4.2061 per dollar

    Brazil's real posted its lowest ever close of 4.2061 per dollar on Monday, as heavy selling met no resistance from the central bank at a key market level where it had intervened earlier this year. The dollar rose 0.3% to close at 4.2061 reais, a full cent above the previous all-time closing high of 4.1957 reais on Sept. 13 last year, but perhaps more significantly, comfortably above the 4.20 mark.

  • Stocks climb on Huawei extension, buoying U.S. Treasuries

    Global equity markets edged higher on Monday, lifting prices of U.S. government debt, as a new 90-day extension allowing U.S. companies to do business with China's Huawei eased the latest spike in investor angst over U.S.-Sino trade tensions.

  • Iran's Revolutionary Guard Threatens Action Against Protesters -- Update

    By Aresu Eqbali in Tehran, Iran, and Isabel Coles in Baghdad. Iran's top paramilitary force threatened to crack down on Iranians protesting a rise in fuel prices, as Tehran struggles to counter U.S. sanctions that are crippling the country's economy and posing a risk to the government. As demonstrations persisted on Monday, the powerful Islamic Revolutionary Guard Corps said it would "confront the continuation of any insecurity and actions disturbing the people's peace and calm...

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