(RTTNews) - Exor (EXOSF.PK), which controls Fiat Chrysler, confirmed Sunday that it is in exclusive talks to sell reinsurer PartnerRe to France's Covéa. The deal could reportedly value PartnerRe at about $9 billion.
(RTTNews) - The Indonesia stock market has finished higher in four straight sessions, climbing almost 110 points or 1.9 percent along the way. The Jakarta Composite Index now rests just beneath the 6,000-point plateau although investors are likely to cash in on Monday.
(RTTNews) - The Japanese stock market is losing on Monday following the weak cues from Wall Street Friday and on concerns about the global economic impact of the coronavirus as China's death toll from the coronavirus outbreak has exceeded the global total from the SARS epidemic.
(RTTNews) - Valeritas Holdings Inc. (VLRX) and its subsidiaries filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
(RTTNews) - The Australian stock market is extending losses on Monday from the previous session following the negative cues from Wall Street Friday and as China's death toll from the coronavirus outbreak exceeded the global total from the SARS epidemic.
(RTTNews) - The Hong Kong stock market on Friday halted the four-day winning streak in which it had collected more than 1,175 points or 4.48 percent. The Hang Seng Index now rests just above the 27,400-point plateau and it's looking at another soft start again on Monday.
(RTTNews) - The China stock market has finished higher in four straight sessions, rising more than 130 points or 4.5 percent along the way. The Shanghai Composite Index now rests just above the 2,875-point plateau although it may run out of steam on Monday.
(RTTNews) - The Taiwan stock market on Friday snapped the three-day winning streak in which it had advanced almost 400 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 11,610-point plateau and it may face additional selling pressure on Monday.
From an IPO price of $17 10 years ago to its close above $700 last week, Tesla (NASDAQ: TSLA) has been a fantastic stock for investors. The first pure-play electric car company, Tesla dominated its industry from the get-go, and it hasn't let up on the accelerator since.
Ralph Lauren's (NYSE: RL) third-quarter earnings report came in ahead of consensus analyst estimates. Investors rewarded the strong comparable-store sales results, helped by the company's branding efforts, and shares jumped over 9% following the release.
(RTTNews) - The Singapore stock market on Friday ended the three-day winning streak in which it had gathered almost 115 points or 3.7 percent. The Straits Times Index now rests just above the 3,180-point plateau and it may extend its losses on Monday.
Online payment giant PayPal (NASDAQ: PYPL) recently released its fourth-quarter and full-year earnings report, and the company's financial results were better than expected. PayPal's revenue of $4.96 billion grew by 17% year over year and came out ahead of analyst estimates, and
(RTTNews) - The Malaysia stock market has finished higher in four straight sessions, climbing more than 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,555-point plateau although investors may cash in on Monday.
What happened
Shares of Envestnet (NYSE: ENV) jumped 13.3% last month, according to data provided by S&P Global Market Intelligence, due in part to rumors that the financial technology company might be an acquisition target.
Australia's Boral Ltd warned on Monday of a larger hit from bushfires in the second half of the year while revealing an investigation had found employees inflated earnings at its North American Windows business.
(RTTNews) - The South Korea stock market on Friday snapped the three-day winning streak in which it had collected almost 110 points or 5.3 percent. The KOSPI now rests just above the 2,210-point plateau and it may take further damage on Monday.
Netgear (NASDAQ: NTGR) released weaker-than-expected fourth-quarter 2019 results late Wednesday, leaving shares down more than 4% in response as investors absorbed the news Thursday.
The New York Times (NYSE: NYT) announced late last week in its fourth-quarter 2019 earnings release that it will immediately begin bumping up prices for some digital subscribers. This news, coupled with another quarter of strong digital subscription additions, powered a nearly 1
Despite the incredible bull market run we've had in the 10 years since "the lost decade" ended, stocks don't always go up. Indeed, as that lost decade reminds us, they can go down and stay down for years, particularly if they start from a place of stretched valuations and very h