With stocks near record highs, strategists are recommending investors focus on stock-picking select names and sectors, rather than the broader market.» Read More
*S&P 500 down for four of the past five sessions. *Tesla Motors falls before the open after downgrade. NEW YORK, Aug 12- U.S. stock index futures pointed to a lower open on Monday after shares recorded the biggest weekly decline since mid-June last week and investors found few reasons to buy.
*Apple seen unveiling new iPhone next month. *Tesla Motors falls in premarket after downgrade. *Chinese shares rose to a two-month high as the South China Morning Post reported that authorities in Beijing were offering stimulus to key cities and provinces to bolster a slowing economy.
*Adjusted profit 45 cents/ shr vs Street view 33 cents. July 25- Lazard Ltd reported a higher-than-expected quarterly profit on Thursday as the investment bank's merger and acquisition advisory business posted solid growth despite a subdued market for deals.
PARIS, July 23- Vivendi SA's long-flagged deal to sell its controlling stake in Maroc Telecom to Abu Dhabi- based Etisalat is just the first step in the French conglomerate's bet that it can remake itself as a media-focused company.
NEW YORK, July 12- AT&T Inc will buy Leap Wireless International Inc for $1.19 billion, paying almost double the current value of the prepaid mobile service provider as major U.S. carriers scramble to acquire valuable wireless spectrum.
DOHA/ DUBAI, July 3- The new head of Qatar's sovereign wealth fund, Ahmad al-Sayed, is known and feared as a hard, aggressive negotiator- and his appointment signals the fund's ambitious overseas acquisition plans are likely to continue.
NEW YORK, July 2- Textbook publisher Cengage Learning Inc on Tuesday filed for bankruptcy protection as part of a prearranged restructuring it said would help it eliminate more than $4 billion of debt.
July 2- Cengage Learning Inc, a large U.S. textbook publisher, on Tuesday filed for bankruptcy protection, as part of a prearranged restructuring it said will help it eliminate more than $4 billion of debt.
*Offer of $21 per Vanguard share is 70 pct premium. June 24- U.S. hospital operator Tenet Healthcare Corp said on Monday it will buy smaller rival Vanguard Health Systems Inc for about $1.73 billion, putting it in a better position to benefit from the expected millions of Americans about to get insurance under President Barack Obama's healthcare reform.
*Offer of $21 per Vanguard share represents 70 pct premium. *Tenet estimates $100 mln- $200 mln annual savings. June 24- Hospital operator Tenet Healthcare Corp will buy smaller rival Vanguard Health Systems Inc for about $1.73 billion plus the assumption of debt to expand into new geographies, further evidence of consolidation being driven by U.S.
Even though it's more history than not, first quarter GDP is the number traders will be watching Friday for what it might say about the current slowdown that began in March.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
D.E Master Blenders 1753 said on Thursday it received a 6.4- billion-euro takeover offer from German investor Joh A Benckiser, sending shares of the Dutch coffee and tea maker up more than 25 percent.
Billionaire investor Nelson Peltz told CNBC that Thursday's two big deals support his thought that the mergers and acquisitions market is back.
Deutsche Bank's Joe Lavorgnia anticipates broad "collateral financial damage" once interest rates eventually edge higher. And Art Hogan of Lazard Capital Markets sees the Fed trimming back on quantitative easing in 2013. Both appeared on CNBC's "Squawk on the Street" on Friday.
Take a look at some of Thursday's midday movers:
Australia's no.3 iron ore miner, Fortescue Metals Group, is in talks to sell a minority stake in its multi-billion dollar port and rail assets as it looks to cut debt and build new mines in a world of weaker iron ore prices.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Tuesday.
NEW YORK, Nov 3- When Jeroen Aerts, a Dutchman tasked with crafting a plan to defend New York City from flooding, first looked at its coastline seven years ago, he was taken aback by how vulnerable it was.