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People's United to Sell Insurance Unit

6 years 1 month ago
People's United Financial (NASDAQ: PBCT), the roughly $61 billion asset bank based in Connecticut, announced that it will sell its full-service insurance brokerage to the insurance agency AssuredPartners.

Nike and KB Home Beat on Earnings; Tesla's "Battery Day"

6 years 1 month ago
Market indexes broke their recent losing streaks Tuesday during the regular trading session; in the S&P 500 and Nasdaq, this is the first day in the last five to close in the green. Testimony on Capitol Hill regarding the need for more government stimulus as the Fed Chair an

Why Yandex Stock Soared Today

6 years 1 month ago
What happened Shares of Yandex (NASDAQ: YNDX) soared 12% today after the search engine specialist confirmed that it is in talks to acquire Tinkoff Bank. The two companies have been discussing a possible combination for over a year.

Stocks Fly Higher on Back of Big Tech

6 years 1 month ago
Stocks notched a victory today, after Amazon.com (AMZN) led shares of Big Tech higher. The Dow finished the session 140 points higher, after Bernstein upgraded AMZN to "buy" from "hold," citing the stock's recent pullbacks as an attractive entry point for investors. Early in t

Hollywood Unions Agree on COVID-Safe Production Protocols

6 years 1 month ago
Hollywood is getting back to work again. The unions representing the casts and crews on movie and TV production sets have finally agreed with the major studios on a set of COVID-19 safety protocols, setting the stage for a return to live-action studio work.
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