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Apple Inc. continues to benefit from strong iPhone demand even as handset sales are slowing industrywide, according to SIG Susquehanna Financial Group analyst Chris Caso.
Financial services firm Stifel Financial Corp. announced on Monday a deal to acquire the Barclays' wealth and investment management franchise in the Americas, which manages about $56 billion in client assets.
McDonald's Corp. said Monday that global comparable sales fell 0.3% in May, as U.S. sales dipped 2.2%, Europe sales rose 2.3% and sales in the Asia/Pacific, Middle East and Africa region fell 3.2%.
Deutsche Bank shares rose sharply on Monday as investors cheered a c-suite shakeup after the bank's co-CEOs announced over the weekend they will step down. Analysts warned, though, the new CEO needs to move quickly to bolster strategic plans.
Shares in Diageo PLC jumped 7.5% on the FTSE 100 on Monday, setting them on track for their best daily performance since 2008, after reports that Brazilian billionaire Jorge Paulo Lemann's buyout company 3G is considering a bid for the British alcohol company.
Shares in Shire PLC fell 1.9% in London on Monday after a Sunday Times report that the drug maker is eyeing a �12.4 billion ($18.9 billion) takeover of Swiss rival Actelion .
Asian stock markets were uneven Monday as investors weighed stronger growth in Japan against more evidence of economic weakness in China.
Asian stocks were lower Monday as investors looked past an upbeat report on Japanese growth to signs that the world's third-biggest economy would slow in the second quarter.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average ) down 0.2% ; Hong Kong (Hang Seng Index ) down 0.1% ; Shanghai (Shanghai Composite Index ) down 0.3% ; Sydney (S&P/ASX 200 ) closed for holiday ; Seoul (Kospi ) down 0.2% ; Taipei (Taiex ) down 0.5% Copyright © 2015 MarketWatch, Inc.
Hong Kong stocks managed to shed most of their opening losses Monday morning, shrugging off a drop for U.S. markets at the end of last week, with the Hang Seng Index down 0.1%, moving off earlier lows as weak Chinese trade data for May suggested higher odds for more government stimulus.
Japanese stocks came rolling higher in early Monday trade, emboldened by a sharply weaker yen and Friday's gains for U.S. banks in the wake of an upbeat May jobs report.
The highlight of next weekâ€™s economic calendar is consumer data and an important gauge of inflation.
Consumer credit grew at a seasonally adjusted annual rate of 7.3%, for a gain of $20.5 billion in April, the Federal Reserve said Friday.
Airbnb Inc. announced a new feature this week that digs into the site's data to maximize booking and price points for hosts.
Oil futures settled higher Friday, with gains for the U.S. benchmark intensifying in the last few minutes of trading.
Gold futures fell Friday, with prices settling at their lowest level since mid-March after a strong U.S. jobs report helped dull investment demand.
There are roughly 300 million reasons that Warren Buffett is probably hoping the Federal Reserve starts raising interest rates sooner and faster, than later or slower.
The number of U.S. rigs actively drilling for oil fell for a 26th week in a row, according to data from Baker Hughes released Friday.