Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Morgan Stanley lowers 10-year Treasury yield forecast to 0.95%
(Reuters) - Yields on the benchmark 10-year U.S. Treasury note should end 2020 just under the 1% level, Morgan Stanley said in a recent research report that pointed to dovish moves by the Federal Rese...
Sep 14, 2020
GM not looking for ‘short-term pop’ in stock as it relates to corporate structure: CEO
DETROIT (Reuters) - General Motors Co is not looking for "a short-term pop" as it relates to its corporate structure, the Detroit automaker's chief executive said on Monday when asked about a spinoff ...
Sep 14, 2020
Tech leads crisis-driven M&A boom with $350 billion deal rush
(Reuters) - Global M&A volumes are approaching $2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank's $40 billion sale of chipmaker Arm. Dea...
Sep 14, 2020
Macy’s Thanksgiving Parade to be reduced to television-only event
(Reuters) - Macy's Inc's iconic Thanksgiving Day Parade will shift to a television-only special presentation, the company and the City of New York said on Monday. The department store chain said stagi...
Sep 14, 2020
Palantir to float 257.1 million shares in U.S. listing
(Reuters) - Data analytics company Palantir Technologies Inc, which will go public via a direct listing, said on Monday it had registered about 257.1 million of its shares for its stock market debut. ...
Sep 14, 2020
Egyptian real estate firms’ profit hit by coronavirus crisis
By Ehab Farouk CAIRO (Reuters) - Egypt's five biggest listed real estate firms reported a combined profit fall of nearly 31% in the second quarter of 2020 as property sales slowed during the coronavir...
Sep 14, 2020
UK PM Johnson says EU has not taken ‘revolver’ off table in trade deal talks
LONDON (Reuters) - British Prime Minister Boris Johnson on Monday said that the European Union had not taken the "revolver" off the table in talks over post-Brexit relations, which he said was hinderi...
Sep 14, 2020
Dubai’s Emirates NDB signs MoU with Israel’s Bank Hapoalim
(Reuters) - The two largest lenders in the United Arab Emirates and Israel, Emirates NDB and Bank Hapoalim, signed a memorandum of understanding (MoU) as the two countries move to forge ties, a statem...
Sep 14, 2020
Gilead’s shares rise after $21 billion deal for Immunomedics
(Reuters) - Shares of Gilead Sciences Inc rose 3.2% on Monday, reversing their premarket losses as investors shrugged off concerns over the steep premium the U.S. drugmaker was willing to pay for Immu...
Sep 14, 2020
Apple expected to unveil updates to Watches, iPads
By Stephen Nellis (Reuters) - Apple Inc will broadcast an event from its Cupertino, California campus on Tuesday where analysts expect it to show updated Apple Watches, iPads and other devices while r...
Sep 14, 2020
