A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
Morgan Stanley slashed its price target on Netflix to $400 per share from $450 per share, but kept its overweight rating on the stock.Pro Analysisread more
Wall Street analysts were largely skeptical of Trump's announcement on Friday of a substantial trade deal.Marketsread more
The Nobel Prize in Economics was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their research and work on tackling global poverty.Economyread more
The savings wouldn't begin until 2023, assuming the bill gets passed by the House and Senate and signed by President Donald Trump before end of this year, the CBO says.Health and Scienceread more
The ITB, the homebuilder's ETF, has its highest level since January 2018. Craig Johnson, chief market technician at Piper Jaffray, thinks there could be even more room to run.Trading Nationread more
The Treasury secretary expresses optimism that the U.S. and China have a workable first-phase agreement.Economyread more
However, that doesn't mean it won't cause harm, says Gottlieb. "You can't inhale something into the lungs on a repeated basis and not cause some damage to the lung."Health and Scienceread more
FRANKFURT, Sept 24 (Reuters) - German software company TeamViewer priced its initial public offering on Tuesday at 26.25 euros per share, valuing the connectivity specialist at 5.25 billion euros ($5.8 billion) in Europe's biggest stock market listing this year.
The float marks a rare tech success story on a Frankfurt market heavy with industrial and auto stocks. It is also delivering a bonanza for Permira, the private equity investor that bought TeamViewer for 870 million euros in 2014.
Pricing was near the top end of a range set before a two-week roadshow to market the deal to investors. Permira is selling a 42% stake in TeamViewer, including over-allotment options, and will retain the remaining 58%.
That generated total proceeds of 2.21 billion euros for Permira - more than the 2 billion euros raised when Italian payments group Nexi floated in Milan this April.
Trading on the Frankfurt Stock Exchange will begin on Wednesday. ($1 = 0.9080 euros) (Reporting by Douglas Busvine Editing by Chris Reese)