All News Results

  • Hess, General Motors, Amazon: Stocks That Defined the Week

    Energy stocks were among the only gainers Monday after weekend attacks on Saudi oil production facilities. Shares of U.S. energy companies surged, with Hess increasing 11%, Devon Energy (DVN) adding 12% and Occidental Petroleum (OXY) gaining 6%. Energy stocks have been crushed by low commodity prices and investors wary of oversaturated commodity markets.

  • Stocks Close Lower in Final Day of a Bumpy Trading Week

    By Alexander Osipovich and Avantika Chilkoti. Major U.S. stock indexes broke a three-week winning streak, closing with a modest loss after a volatile stretch in the markets. The Dow Jones Industrial Average suffered a loss of about 1% for the week, which featured turmoil in money markets and dramatic swings in crude prices following an attack on oil facilities in Saudi Arabia.

  • Softbank evaluating around 40 Brazilian companies for investment - exec

    • BY Reuters|
    • 05:15 PM ET 09/20/2019

    Japan's SoftBank Group (SFTBF) is evaluating around 40 Brazilian companies with high growth potential for possible investments, the group's head in Brazil, André Maciel, said on Friday. The executive said that SoftBank will announce a large investment in Brazil in around two weeks' time.

  • The Launch of Dharma Hospitality Solutions

    JERSEY CITY, N.J., Sept. 20, 2019  The Dharma Group is pleased to introduce their new management company, Dharma Hospitality Solutions. Dharma Hospitality Solutions will be managing STR programs under the Dharma Home Suites brand.

  • UK's Sajid Javid plans October giveaway Budget - FT

    • BY Reuters|
    • 05:05 PM ET 09/20/2019

    British Finance Minister Sajid Javid is planning a pre-election giveaway Budget in the week of October 21 if UK strikes a Brexit deal with the European Union, the Financial Times reported on Friday.

  • U.S. Sanctions Iran's Central Bank as Terror-Financier After Saudi Attack

    WASHINGTON-- The U.S. blacklisted the central bank of Iran and two other major state financial institutions, President Trump said Friday, severing some of Iran's last remaining ties to world markets in a move meant to punish Tehran for attacks on critical oil supplies in Saudi Arabia last week. The sanctions issued under new counterterrorism powers represent the Trump administration's plan to largely avoid a military response to the attacks. They also are meant to bolster...

  • BRIEF-Innovative Industrial Properties May Sell Upto $250 Mln Shares

    Innovative Industrial Properties Inc (IIPR) : * Innovative Industrial Properties Inc (IIPR) - MAY OFFER AND SELL FROM TIME TO TIME THROUGH SALES AGENTS, UP TO $250 MILLION OF SHARES OF ITS COMMON STOCK Source text: Further company coverage:

  • Stocks Close Lower in Final Day of a Bumpy Trading Week

    By Alexander Osipovich and Avantika Chilkoti. U.S. stocks turned lower Friday after reports that a Chinese trade delegation would be returning home earlier than expected, souring hopes that Washington and Beijing were moving toward a trade deal. The news capped off an eventful week that featured turmoil in money markets and an attack on oil facilities in Saudi Arabia that triggered dramatic swings in crude prices.

  • Warren, Sanders to visit striking GM workers as dispute continues

    Two major Democratic presidential candidates plan to visit striking General Motors (GM) workers in Detroit in the coming days as a five-day-old labor dispute threatens to enter its second week. Senator Elizabeth Warren will join workers on the picket line outside GM's Detroit-Hamtramck plant on Sunday, while Senator Bernie Sanders will do the same on Wednesday.

  • Trump says he doesn't need China deal before election and unveils Iran central bank sanctions

    President says he didn't have' dicey' conversation with foreign leader. President Donald Trump on Friday said he didn't need a trade deal with China before the 2020 elections, as he rejected a partial agreement and said "we have to do it right." Trump also announced the U.S. imposed sanctions on Iran's central bank and denied having had an improper call with a foreign leader that's central to a whistleblower complaint.

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