*European stocks tumble, Italy down more than 5% after virus spread. NEW YORK, Feb 24- Stocks across the globe were on track to fall by the most in two years on Monday and oil prices tumbled as a jump in coronavirus cases outside of China drove investors to the perceived safety of gold and government bonds on fears of the impact to the global economy.
*European stocks tumble, Italy down more than 5% after virus spread. NEW YORK, Feb 24- Stocks across the globe posted their largest decline in over two years on Monday and oil prices tumbled 5% as a jump in coronavirus cases outside of China sent investors scrambling to the security of gold and government bonds on fears of the impact to the global economy.
NEW YORK, Feb 24- The Institute for Clinical and Economic Review, a small but influential Boston- based research group, has signed a deal with private technology company Aetion to help it use patient health data in its reports on whether individual drugs are priced properly. Large national regulators, including the U.S. Food and Drug Administration and United...
NEW YORK, Feb 24- The Institute for Clinical and Economic Review, a small but influential Boston- based research group, has signed a deal with private technology company Aetion to help it use patient health data in its reports on whether individual drugs are priced properly. Large national regulators, including the U.S. Food and Drug Administration and United...
Treasury yields were down on Friday as mounting concerns about the economic impact of the coronavirus epidemic drove investors into safe-haven assets. Analysts said investors were buying government debt, sending prices higher and yields lower, on worries about cases of the virus mounting beyond China, including in South Korea and Japan.
The fast-spreading virus, which has killed over 2,000 in China, has roiled businesses globally and disrupted supply chains, prompting companies including Apple Inc to warn of potential damage. The bulk of Analog Devices' revenue comes from industrial, communications and automotive customers with less exposure to supply chain disruptions in China than its...
The fast-spreading virus, which has killed over 2,000 in China, has roiled businesses globally and disrupted supply chains, prompting companies including Apple Inc to warn of potential damage. "I think if I were a consumer company, I would be far more concerned about the centricity of China in my supply chain," Chief Executive Vincent Roche said in an interview.
The fast-spreading virus, which has killed over 2,000 in China, has roiled businesses globally and disrupted supply chains, prompting companies including Apple Inc to warn of potential damage. "I think if I were a consumer company, I would be far more concerned about the centricity of China in my supply chain," Chief Executive Vincent Roche said in an interview.
Feb 19- Chipmaker Analog Devices Inc on Wednesday forecast second-quarter revenue that fell short of analysts' estimates, as the company accounted for a $70 million hit related to the coronavirus outbreak. Analog Devices joins Apple Inc and a host of other companies expecting potential damages from the rapidly spreading virus, which has killed over 2,000 in...
NEW YORK, Feb 14- Global stock markets rose slightly on Friday as investors bet on a lull in proliferation of the coronavirus, while oil prices registered their first weekly gain since early January. Wall Street climbed late in the session following a CNBC report, citing sources, that the White House was considering a tax incentive for Americans to buy stocks.
NEW YORK, Feb 14- Major world stock indexes edged lower on Friday as investors further assessed the economic fallout of China's coronavirus outbreak, while oil prices registered their first weekly gain since early January. It still remains the biggest risk going forward, "said Robert Pavlik, chief investment strategist and senior portfolio manager at...
Feb 14- Toast Inc, a cloud-based restaurant software company, said on Friday it raised $400 million in a funding round led by investment firms TPG and Tiger Global Management among others, taking its valuation to $4.9 billion. It launched Toast Capital, a restaurant funding service, in November. The series F funding was also led by Bessemer Venture Partners and...
NEW YORK, Feb 14- Major world stock indexes were little changed on Friday as investors further assessed the economic fallout of China's coronavirus outbreak, while oil prices were on track for their first weekly gain since early January. It still remains the biggest risk going forward, "said Robert Pavlik, chief investment strategist and senior portfolio...
There are no bridges to Martha's Vineyard, Nantucket and Block Island. Part floating hotel and part transport, small-ship cruises eliminate the need for separate tickets and reservations, making it easy to skip around New England's old-money islands.
NEW YORK, Feb 13- Instructure Inc's plan to sell itself to Thoma Bravo hit a snag on Thursday when the U.S. educational software company said it had rejected a higher offer from the private equity firm and postponed the vote for shareholders. Thoma Bravo, which originally offered $47.60 a share for Instructure, boosted its offer by 90 cents to $48.50 on Wednesday...
Treasury yields were slightly lower on Thursday as traders balanced worsening news about the coronavirus epidemic in China with positive U.S. economic reports. "The U.S. is certainly not in a recession, Europe isn't getting any worse, and that's balancing out this terrible news from China," Richman said. In Hubei province in central China, officials said 242...
Massachusetts is going after e-cigarette maker Juul for marketing to teenagers and non-smokers. The lawsuit contends Juul bought advertising on websites for Nickelodeon and the Cartoon Network after launching its product in 2015. The new allegations contradict claims made by Juul executives that the company never intentionally targeted teenagers. Massachusetts Attorney General Maura Healey joins "Squawk Box" to discuss.
CHICAGO, Feb 13- American Airlines Group Inc said on Thursday it would launch its first direct U.S. flight to Bangalore from Seattle, a new route meant to meet corporate customers' demand for travel to the center of India's high-tech industry. Alaska Airlines is one of the biggest operators of flights along the West Coast, where businesses from Seattle to San Diego...
WASHINGTON, Feb 13- As an outside critic of the Federal Reserve, conservative economist Judy Shelton has slammed the central bank's massive $4.2 trillion balance sheet as distorting financial markets and "largely benefiting people who have hefty stock-market portfolios." When she appears at a Senate confirmation hearing on Thursday, Shelton may face a tough...
*Fed chair Jerome Powell wraps up two-day economic report. NEW YORK, Feb 12- All three major U.S. stock averages reached record highs on Wednesday as news that the dreaded coronavirus could be running out of steam kept buyers in the ring. Still, the outbreak has spooked investors amid quarantines, supply-chain disruptions and factory shutdowns and the World...
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