Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
More tit-for-tat tariffs in the U.S.-China trade war could set the global economy up for a recession, according to Morgan Stanley.Marketsread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
A series of tweets Monday marked the latest chapter in Trump's decadeslong effort to refute published reports that his previous financial problems have rendered him an...Politicsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
Sens. Mitch McConnell and Tim Kaine introduced a bill Monday that would raise the minimum age to buy tobacco to 21 in hopes of curbing what regulators are calling an...Health and Scienceread more
McGahn is cited more than any other witness in special counsel Robert Mueller's 448-page Russia report.Politicsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Despite high criticism from fans, the final episode of "Game of Thrones" shattered single-night viewing records Sunday, with 19.3 million tuning in to watch the finale.Entertainmentread more
Check out which companies are making headlines before the bell:
Chubb–The insurance company will be acquired by ACE for $28.3 billion in cash and stock, representing a 30 percent premium for Chubb shareholders. They will receive $62.93 in cash and 0.6 ACE shares for each share they now hold.
General Mills–The cereal maker earned an adjusted 75 cents per share for its latest quarter, 4 cents above estimates, but revenue was short of forecasts due in part to a stronger dollar. General Mills did see growth in both prices and profit margins.
McCormick–The spice maker beat estimates by seven cents with adjusted quarterly profit of 75 cents per share, with revenue slightly below analyst forecasts as the stronger dollar impacted sales. McCormick also raised its full year forecast due to a reduction in its expected tax rate.
Constellation Brands–The spirits maker earned an adjusted $1.26 per share for its latest quarter, two cents above estimates, with revenue also beating analyst projections. It also raised its full-year forecast, based on upbeat results for its beer business.
Facebook–The company is giving advertisers the choice of paying for video ads only if users view them for 10 seconds or more.
Starbucks–Goldman Sachs removed the stock from its "conviction buy" list following its recent run-up, but maintains a "buy" recommendation. At the same time, Goldman added restaurant operator Bloomin' Brands to the "conviction buy" list.
Chambers Street Properties, Gramercy Property Trust–The two real estate companies have agreed to merge in an all-stock deal that creates a combined company with a $5.7 billion enterprise value. Gramercy shareholders will receive about 3.2 Chambers Street shares for each share they now own.
Toyota-Managing officer Julie Hamp resigned following her arrest on suspicion of illegally importing oxycodone into Japan.
Sprint–Sprint's $50 million settlement with the Consumer Financial Protection Bureau over "cramming" has been approved by a judge. Sprint had been accused of adding unauthorized charges to customer mobile phone bills.
Nike–Nike chairman and co-founder Phil Knight will step down next year. Knight has recommended Chief Executive Officer Mark Parker as his replacement as chairman.
Alibaba–The e-commerce company is partnering with a Chinese film company and a satellite TV company for a new subscription based internet, cable, and mobile entertainment service in China.
Sony–Sony debuted its new crowdfunding site First Flight today, with a campaign for a new remote control designed by six Sony engineers.
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