Investors lower outlook for consumers as student loans, credit card debts pile up
(Reuters) -Signs of rising consumer stress are prompting some fund managers to grow more conservative in their outlooks, even as…
Gold prices flat as dollar, yields steady before more Fed cues
Gold prices moved little on Tuesday amid a dearth of direct cues, while the dollar and Treasury yields remained steady…
AllianceBernstein upgrades Lululemon rating, citing “normalizing” expectations
Lululemon Athletica ‘s (NASDAQ:LULU) stock will be aided as expectations for the athletic apparel maker begin to account for its…
Ford delays European Explorer production
On Monday, Ford Motor (NYSE:F) shared that they’re pushing back the production of their long-awaited Explorer SUV in Cologne by…
Analysis-FTC settlement could shelter Amgen from US price cuts, taxes
(Reuters) – The U.S. Federal Trade Commission’s decision on Friday to allow Amgen (NASDAQ:AMGN)’s takeover of Horizon Therapeutics (NASDAQ:HZNP) was…
Wall St eyes lower open as yields rise, China data weighs
(Reuters) -Wall Street’s main indexes were poised for a lower open on Tuesday as higher Treasury yields weighed on major…
China’s auto workers bear the brunt of price war as fallout widens
(Reuters) – As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to…
Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands
(Reuters) – Shell (LON:SHEL) and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run…
SoftBank’s Arm aims for over $52 billion valuation in biggest US IPO of the year
(Reuters) – SoftBank Group’s Arm is seeking a valuation of more than $52 billion in its initial public offering, the…
Weak global activity data sends US dollar to six-month high, Aussie skids
(Reuters) – Jitters about global growth, particularly in China, caused the safe-haven U.S. dollar to hit multi-month highs on the…