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Dollar Gains Broadly After Trump Says to Announce Major Tax Plan

Fri, 02/10/2017 - 9:38am
The dollar rose across the board on Thursday, posting its best one-day gain against the yen in three weeks, after comments from U.S. President Donald Trump that he would make a major announcement on a "phenomenal" tax plan in the next few weeks
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Sears to Cut Costs, Pension Obligations

Fri, 02/10/2017 - 9:22am
Struggling retailer Sears Holdings Corp reported a 10.3 percent drop in comparable store sales for the holiday quarter, and said it would cut debt and pension obligations by at least $1.5 billion this year.
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Is Array BioPharma the Best Clinical-Stage Biotech Stock to Buy in 2017?

Fri, 02/10/2017 - 9:22am
Array BioPharma could be on the cusp of transitioning from a clinical- to commercial-stage company this year.
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Qorvo's Big Problem: Relying Too Much on a Few Customers

Fri, 02/10/2017 - 9:21am
Can too much business from just a handful of customers be a challenge? Qorvo illustrates what can happen.
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U-Haul Parent Amerco's Earnings: Revenue Moves Up but EPS Declines

Fri, 02/10/2017 - 9:13am
Revenue in the higher-margin self-storage business powered up 14.5%, though challenges persist in the self-moving business.
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Better Buy: AbbVie Inc. vs. Eli Lilly

Fri, 02/10/2017 - 9:04am
Which drug stock wins in a head-to-head match-up between AbbVie and Eli Lilly?
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No-Transaction-Fee ETFs – A Cost/Benefit Review Suggests Higher Expected Returns

Fri, 02/10/2017 - 9:00am
By Rusty Vanneman, CFA, CMT and Kostya Etus, CFA, CLS Investments The most well-known potential benefits of ETFs include: – Lower costs – Tax efficiency – Diversification – Stable market and risk exposure – Transparency – Intra-day trading – Unique investment options But, there are a few more advantages that sometimes get overlooked. For example,…
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Siemens considers U.S. listing of healthcare arm: CEO in Euro am Sonntag

Fri, 02/10/2017 - 8:54am
German industrial group Siemens is considering listing its $15 billion healthcare business in the United States to take advantage of company valuations that are higher than in Europe, its chief executive told a German newspaper.
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Equity Futures Edge Up After Wall St. Hits Record High

Fri, 02/10/2017 - 8:30am
U.S. stock index futures were slightly higher on Friday, a day after Wall Street hit record high on President Donald Trump's promise to unveil a tax reform plan in the coming weeks.
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Aon to sell benefits outsourcing to Blackstone for $4.3 billion

Fri, 02/10/2017 - 8:14am
Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to Blackstone Group LP for $4.3 billion in cash.
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Bitcoin trading shrivels under Chinese government's glare

Fri, 02/10/2017 - 7:58am
Trading volumes at China's three largest bitcoin exchanges have plummeted after the central bank put the virtual currency market under sharper scrutiny a month ago in a move that coincided with official efforts to stem capital outflows.
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European Stocks Set For Weekly Gain as Good Earnings

Fri, 02/10/2017 - 7:18am
European shares were slightly higher on Friday, on track to end the week in positive territory as healthy corporate earnings and solid economic data.
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Disney tightens Euro Disney grip in deal with Saudi's Alwaleed

Fri, 02/10/2017 - 6:54am
Walt Disney Co has increased its hold on Euro Disney SCA by swapping a 9 percent stake in the French theme park with Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal.
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IEA Says Record OPEC Cut Helps Oil Market Rebalance

Fri, 02/10/2017 - 5:35am
Global oil output plunged in January as OPEC and non-OPEC producers curbed supply to accelerate a market rebalancing.
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Reckitt Benckiser to buy Mead Johnson

Fri, 02/10/2017 - 4:21am
Reckitt Benckiser has agreed to buy U.S. infant formula maker Mead Johnson Nutrition for $16.6 billion, marking its first step into baby formula, it said on Friday.
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China Shares Post Biggest Weekly Gains in 2-1/2 Months

Fri, 02/10/2017 - 4:01am
China's main stock indexes rose on Friday and produced their biggest weekly gains in more than two months.
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Reckitt Benckiser to Buy Mead Johnson for $16.6B

Fri, 02/10/2017 - 3:49am
Reckitt Benckiser has agreed to buy U.S. infant formula maker Mead Johnson Nutrition for $16.6 billion, its biggest deal ever and opening up a new market area for the British consumer goods company.
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Senate Votes to Confirm Rep. Tom Price as Health Secretary

Fri, 02/10/2017 - 3:35am
The U.S. Senate voted on Friday to confirm Representative Tom Price as the top U.S. healthcare official.
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Republican Plan Would Ease Wall Street Rules, Embracing Deregulation

Fri, 02/10/2017 - 3:03am
A Republican plan would roll back Wall Street rules and consumer protections conceived after the 2008 financial crisis.
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Rpt: Morgan Stanley Exploring Move to Manhattan's West Side

Fri, 02/10/2017 - 2:50am
Morgan Stanley is exploring a move to Hudson Yards, the vast development site on Manhattan's West Side, The Wall Street Journal reported.
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