Wall St notches second lower finish as 2024 starts with profit-taking
U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal
Staff Writer
U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal
The Dow Jones Industrial closed up on Thursday, as financial stocks and strong jobs data prompted investors to delay estimates of when interest-rate cuts could begin.
U.S. stock indexes endured a topsy-turvy session on Friday but ultimately closed marginally higher, as investors absorbed the latest macroeconomic data which offered
Barclays plc is sounding out private equity firms about taking a majority stake in its UK merchant
U.S. oil and gas producer Devon Energy has approached Enerplus, a peer with a market value of C$3.9 billion ($2.9 billion), with an acquisition offer, people familiar with
For years, Endeavor Energy founder Autry Stephens' refusal to entertain acquisition offers for one of the most lucrative producers in the
Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $
Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, a payments processor that has a market value of $6.5 billion, according to
U.S. oil refiner Phillips 66 is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people
Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a
U.S. stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal
The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that
The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in
Bain Capital is picking up a minority stake worth $250 million in business services firm Sikich, which is planning to deploy the investment to finance its expansion plans,
The Dow Jones Industrial Average closed higher on Thursday, the seventh straight daily advance for the benchmark, as all three major U.S. indexes gained after weekly jobless
The investment firms that took U.S. power plant operator Calpine Corp private six years ago are exploring options that include a company sale, an initial public offering or
U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as
Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation system in excess
Goldman Sachs is working on a dozen projects which will incorporate generative artificial intelligence into its business practices, a senior
Exxon Mobil and Chevron are flush with cash yet their acquisition targets are taking stock as the only form of payment, an arrangement that allows the two largest U.S.
Goldman Sachs Group Inc has appointed David Kamo as its global head of financial sponsor mergers and acquisitions within its investment bank, according to a memo seen by
Payments processor NCR Voyix is exploring the sale of its digital banking business which it hopes will fetch as much as $3 billion, people familiar
Private equity firm Genstar Capital is in advanced talks to buy a significant stake in AffiniPay in a deal that could value the payments processor
Wall Street's three benchmarks ended higher on Monday as investors returned to megacap growth stocks, helping both the S&P 500 and Nasdaq Composite recover from their worst
Wall Street's main indexes ended slightly lower on Tuesday, having given up meager intraday gains in the final minutes of trading, as investors switched their focus to the
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